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Business & Finance

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SBM Offshore, Technip Energies Establish Joint Venture Dedicated to Floating Wind
Business & Finance

SBM Offshore, Technip Energies Establish Joint Venture Dedicated to Floating Wind

French Technip Energies and Dutch SBM Offshore have established Ekwil, a 50/50 joint venture company focused on floating offshore wind energy. According to the companies, Ekwil is a pure player delivery partner offering a range of “series production” floating offshore wind solutions to meet the grow

about 2 years ago
Strategic Marine Louis Dreyfus Armateurs
Business & Finance

Louis Dreyfus Armateurs Boosts Fleet Capacity with Two New CTVs

Louis Dreyfus Armateurs has placed an order with Strategic Marine for two new crew transfer vessels (CTVs) to expand its fleet from five to seven ships. The new vessels are expected to be delivered in early 2025. The two new CTVs will be built by Singapore’s Strategic Marine and are sisterships to t

about 2 years ago
EU flags in front of the European Commission building in Brussels
Business & Finance

EU Greenlights Massive EUR 10.8 Billion Investment in French Offshore Wind

The European Commission has approved a EUR 10.82 billion French scheme, to support the deployment of offshore wind, in particular the construction and operation of two bottom-fixed offshore wind farms in the country. The scheme, which will run for 20 years, will support a wind farm in the South Atla

about 2 years ago
‘World’s Most Powerful Wind Turbine’ Chosen for German Offshore Wind Farm
Business & Finance

‘World’s Most Powerful Wind Turbine’ Chosen for German Offshore Wind Farm

German clean energy asset manager, Luxcara, has signed a preferred supplier deal with China’s Mingyang Smart Energy for the supply of wind turbines to the Waterkant offshore wind project in the German North Sea. The reservation agreement covers the supply of 16 of the “world’s most powerful offshore

about 2 years ago
DeepOcean Nordseecluster A
Business & Finance

DeepOcean Secures Inter-Array Cable Contract for RWE’s Nordseecluster A Project

Ocean services provider DeepOcean has been awarded a contract for RWE’s Nordseecluster A offshore wind project in Germany, covering trenching, transport, and installation of inter-array cables. RWE has recently made the final investment decision for its entire Nordseecluster, involving offshore wind

about 2 years ago
Thialf Heerema Poland
Business & Finance

Heerema Seals Transportation and Installation Deal for Polish Offshore Wind Farms

Heerema Marine Contractors has been awarded contracts for the transportation and installation of monopiles and transition pieces, as well as offshore substation jackets and topsides for Bałtyk II and Bałtyk III offshore wind projects in Poland. The contracts were signed with MFW Baltyk II Sp. z.o.o.

about 2 years ago
Maersk Launches New Company Dedicated to Offshore Wind
Business & Finance

Maersk Launches New Company Dedicated to Offshore Wind

Maersk Supply Service has launched Maersk Offshore Wind, a new company that will provide installation services to the offshore wind market based on a new offshore wind installation vessel (Maersk WIV) concept. The design and concept are estimated to reduce the installation time of offshore wind turb

about 2 years ago
Norwegian Oil & Gas Service Provider Enters Offshore Wind Market with Floating Wind Company Takeover
Business & Finance

Norwegian Oil & Gas Service Provider Enters Offshore Wind Market with Floating Wind Company Takeover

Norwegian service provider to the oil and gas industry, Archer, is taking over its compatriot Moreld Ocean Wind (MOW), a floating wind engineering and technology company. Once the acquisition transaction is completed, MOW will be renamed Archer Wind. Archer acquired a 100 stake in MOW through an agr

about 2 years ago
A photo of Jan De Nul's cable laying vessel at Formosa 2 site in Taiwan
Business & Finance

Jan De Nul Selected for Export Cable Installation on Taiwanese Offshore Wind Project

Jan De Nul Group has signed a preferred supplier agreement with Copenhagen Infrastructure Partners (CIP) for the installation of high-voltage export cables that will bring renewable energy generated at the Fengmiao 1 offshore wind farm ashore. Jan De Nul will connect the offshore substation of the F

about 2 years ago
Anma Offshore Wind FInal EIA
Business & Finance

Ramboll to Design Foundations for 532 MW South Korean Offshore Wind Project

Anma Offshore Wind Energy has selected Denmark-headquartered Ramboll for detailed foundation design and certification support for the 532 MW offshore wind farm in South Korea. Ramboll has secured the contract for WTG Foundation Detailed Design of the wind farm’s 38 14 MW units, which will be support

about 2 years ago
Marubeni Doosan Vietnam
Business & Finance

Marubeni, Doosan Partner for Offshore Wind Development in Vietnam

Japan’s Marubeni Group and Doosan Enerbility Vietnam (Doosan Vina) have signed a Memorandum of Understanding (MoU) to develop offshore wind power in Vietnam. Following the execution of the MoU, Doosan Vina and Marubeni will jointly study and explore the feasibility and viability of collaboration in

about 2 years ago
Deep Wind Offshore Saare 2.2
Business & Finance

Norwegian Company Wins Another Wind Area Offshore Estonia

Just days after acquiring its first offshore wind site in Estonia, Norway’s Deep Wind Offshore has secured another area in the Estonian part of the Baltic Sea with a winning bid starting at approximately EUR 1.33 million. Estonia’s Consumer Protection and Technical Regulatory Authority (CPTRA) annou

about 2 years ago
Japanese Company Joins IX Renewables for Floating Wind Project in Taiwan
Business & Finance

Japanese Company Joins IX Renewables for Floating Wind Project in Taiwan

Japan’s GF Corporation has joined as a strategic partner in IX Renewables’ Rui-li Phase 1 floating offshore wind project in Taiwan. The Rui-Li 1 project, located off the coast of Hsinchu County, is planned to feature twelve 15 MW wind turbines. The project is set to participate in the upcoming float

about 2 years ago
Vestas 15 MW prototype
Business & Finance

Denmark’s Port of Roenne to Host Baltic Power Wind Turbines

Denmark’s Port of Roenne has been selected as the installation port for the Baltic Power offshore wind project in the Polish Baltic Sea. Baltic Power will be one of the first European offshore wind projects to use Vestas’ new 15 MW wind turbine which until now has only been installed as a prototype

about 2 years ago
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