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Outlook & Strategy

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Euroports Van Oord Smulders
Outlook & Strategy

Euroports, Van Oord, and Smulders Set Sights on New Offshore Wind Port in Latvia

Euroports has signed a Memorandum of Understanding (MoU) with its consortium partners Van Oord and Smulders to investigate the development of a new offshore wind port in Liepaja, Latvia. In response to the growing offshore wind farm developments in the Baltics and the associated lack of port capacit

about 2 years ago
Subsea7's backlog remains 'robust' with high tendering in subsea and offshore wind
Outlook & Strategy

Subsea7’s Backlog Remains ‘Robust’ with High Tendering in Subsea and Offshore Wind

Subsea7 has reported a “robust” backlog of USD 10.4 billion in its financial results for the first quarter of 2024, with tendering activity high in both the subsea and offshore wind sectors. To remind, in the financial results for the full year of 2023, Subsea7 reported it had secured USD 7.4 billio

about 2 years ago
US Federal Agencies Team Up for Offshore Wind
Outlook & Strategy

US Reveals New Five-Year Offshore Wind Leasing Schedule, 12 Sales in Play

In remarks at the International Partnering Forum conference in New Orleans, Louisiana, the US Secretary of the Interior Deb Haaland has announced a new five-year offshore wind leasing schedule, which includes up to 12 potential offshore wind energy lease sales through 2028. Future offshore wind ener

about 2 years ago
Ulsan Floating Offshore Wind Assocationa fishing communities
Outlook & Strategy

Ulsan Floating Offshore Wind Association Ink Cooperation Agreement with South Korean Fishing Communities

Ulsan Floating Offshore Wind Association, representing five offshore wind developers, has signed a Memorandum of Understanding (MoU) with the Ulsan Floating Offshore Wind Power Fishermen’s Countermeasures Committee and Ulsan Suhyup (National Federation of Fisheries Cooperatives) to cooperate on offs

about 2 years ago
Fugro's Self-Elevating Platform Moves to Japan to Pursue Geotechnical Work
Outlook & Strategy

Fugro’s Self-Elevating Platform Moves to Japan to Pursue Geotechnical Work

Fugro has transferred its self-elevating platform (SEP) Amberjack to Japan in order to easier support the local offshore wind market with geotechnical services. Amberjack was reflagged in December 2023 and is now based in Tokyo, from where it will be deployed to Japanese wind farm projects and provi

about 2 years ago
Denmark Launches Massive Offshore Wind Auction
Outlook & Strategy

Denmark Launches Massive Offshore Wind Auction

Denmark has opened a new offshore wind tender, the country’s largest ever, offering a minimum of 6 GW of new capacity spread over six wind farms, with the overplanting option allowing for 10 GW or more of new capacity to be added. The Danish Energy Agency published the tender for the wind farms loca

about 2 years ago
Ørsted Buys Sunrise Wind Stake from Eversource
Outlook & Strategy

Ørsted Buys Sunrise Wind Stake from Eversource

US utility Eversource Energy has finalized definitive documents regarding its previously announced agreement to sell its 50 per cent ownership stake in the 924 MW Sunrise Wind offshore wind project to Ørsted. Eversource will remain contracted, under a separate construction management agreement, to l

about 2 years ago
Vattenfall and BASF Deepen Offshore Wind Farm Partnership Ties
Outlook & Strategy

Vattenfall and BASF Deepen Offshore Wind Farm Partnership Ties

Vattenfall and BASF have agreed the sale of 49 per cent of Vattenfall’s Nordlicht 1 and 2 wind farms to BASF. Nordlicht is Vattenfall’s second major offshore wind project in which BASF is participating as a partner. In 2021, BASF acquired almost half of the shares in the Hollandse Kust Zuid offshore

about 2 years ago
Vestas and Maersk to Build Offshore Wind Hub in South Korea
Outlook & Strategy

Vestas and Maersk to Build Offshore Wind Hub in South Korea

Wind turbine manufacturer Vestas has revealed plans to build a nacelle factory and a logistic base for offshore wind turbines in South Korea in partnership with A.P. Moller – Maersk. The plan, part of a wider agreement, is dependent on the pace of market growth and awarded volume for Vestas, the com

about 2 years ago
BW Ideol and Holcim to Explore Use of Low-Carbon Concrete in Floating Offshore Wind
Outlook & Strategy

BW Ideol and Holcim to Explore Use of Low-Carbon Concrete in Floating Offshore Wind

BW Ideol and Holcim have signed a Memorandum of Understanding (MoU) for a feasibility study on supplying beneficial low-carbon concrete for the floating offshore wind industry, with particular reference to Scotland. BW Ideol and Holcim aim to collaborate on optimising the supply of the innovative co

about 2 years ago
The 1,000th blade produced by Vestas in the UK
Outlook & Strategy

UK Industry Bodies Release Offshore Wind Industrial Growth Plan

RenewableUK, the Offshore Wind Industry Council, The Crown Estate and Crown Estate Scotland have published an Industrial Growth Plan, setting out how to triple offshore wind manufacturing capacity over the next ten years in the UK. The UK offshore wind industry already employs 32,000 people and each

about 2 years ago
Hyundai Heavy Sets Sights on Scottish Floating Offshore Wind
Outlook & Strategy

Hyundai Heavy Sets Sights on Scottish Floating Offshore Wind

Major South Korean shipbuilder, HD Hyundai Heavy Industries, has signed a Memorandum of Understanding with two Scottish enterprise agencies which is expected to unlock expertise in the design and manufacture of floating offshore wind substructures. Scottish Enterprise (SE) and Highlands & Islands En

about 2 years ago
RWE and FibreMax Team Up on Advancing Synthetic Mooring Technology for Floating Wind
Outlook & Strategy

RWE and FibreMax Team Up on Advancing Synthetic Mooring Technology for Floating Wind

Synthetic mooring solutions provider FibreMax has signed a Memorandum of Understanding (MoU) with RWE to advance the development and support of synthetic mooring technology for use in floating wind generation. The Netherlands-based FibreMax said it aims to bring to the table its extensive knowledge

about 2 years ago
Hollandse Kust West Alpha substation TenneT
Outlook & Strategy

TenneT to Probe Interest in Collaborative Offshore Maintenance Model

The Dutch-German transmission system operator (TSO), TenneT, is exploring interest in an initiative to jointly house management and maintenance services of the offshore infrastructure in a new model. In the coming period, TenneT will share information and ideas with wind farm and oil & gas operators

about 2 years ago
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