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Outlook & Strategy

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Countdown Begins: Offshore Energy Exhibition & Conference 2023 Opens in One Week
Outlook & Strategy

Countdown Begins: Offshore Energy Exhibition & Conference 2023 Opens in One Week

Industry giants, experts, policymakers, innovators and start-ups from the offshore energy sector will meet at the Offshore Energy Exhibition & Conference 2023 (OEEC 2023) in Amsterdam one week from now. The backdrop to two full days of discussions, insights and updates is the exhibition floor that w

about 2 years ago
Nine European Countries Launch Joint Offshore Wind Tender Planning, Set to Auction Off 15 GW Each Year
Outlook & Strategy

Nine European Countries Launch Joint Offshore Wind Tender Planning, Set to Auction Off 15 GW Each Year

Belgium, Denmark, France, Germany, Ireland, Luxembourg, the Netherlands, Norway, and Sweden, together with the European Commission (EC), have launched joint planning of offshore wind tenders at a ministerial meeting of the North Seas Energy Cooperation (NSEC), held on 20 November, in the Hague, the

about 2 years ago
Octopus Energy Offshore Wind fund
Outlook & Strategy

Octopus Energy Creates GBP 3 Billion Offshore Wind Fund

Octopus Energy’s generation arm has launched a dedicated fund with Japan’s Tokyo Gas to invest GBP 3 billion (approximately EUR 3.5 billion) in offshore wind globally by 2030. The fund, set up with a GBP 190 million (about EUR 217 million) cornerstone investment from Tokyo Gas, will invest in the de

about 2 years ago
Offshore Energy Industry Converges at International Energy Forum in Oslo – Guest Post
Outlook & Strategy

Offshore Energy Industry Converges at International Energy Forum in Oslo – Guest Post

Norwegian Energy Partners (NORWEP) has successfully orchestrated a convergence of international industry corporations, ministers, and 1,000 representatives from Norway’s supply chain at the International Energy Forum 2023 (IEF2023) in Oslo. The IEF conference comprehensively addressed a spectrum of

about 2 years ago
Oriel Wind Park
Outlook & Strategy

Parkwind Consortium Submits Application for Norwegian Offshore Wind Project

The Ventyr Energy consortium has submitted the application to prequalify for the development of an offshore wind project in the Sørlige Nordsjø II (Southern North Sea II) area in the Norwegian North Sea. In addition, Ventyr unveiled that Ingka Investments is to join the consortium. The Ventyr Energy

about 2 years ago
Neptun Smulders Engineering
Outlook & Strategy

Smulders, Neptun Werft Join Forces to Build Offshore Converter Platforms in Germany

The Meyer Group, which includes Neptun Werft in Warnemünde, Germany, is joining forces with the Belgian company Smulders to build offshore converter platforms at the Warnemünde site. The two companies will jointly form Neptun Smulders Offshore Renewables and Neptun Smulders Engineering, which will t

about 2 years ago
RWE Hyundai Engineering and Construction
Outlook & Strategy

RWE and Hyundai Partner on Offshore Wind and Green Hydrogen in South Korea

RWE and Hyundai Engineering & Construction (Hyundai E&C), a subsidiary of South Korea’s Hyundai Motor Group, have signed a memorandum of understanding (MoU) to cooperate in the field of offshore wind and green hydrogen. The partners said they will work together to jointly develop offshore wind proje

about 2 years ago
Deep Wind Offshore Hy2gen
Outlook & Strategy

Deep Wind Offshore and Hy2gen Form Green Hydrogen Partnership

Deep Wind Offshore has joined forces with the hydrogen company Hy2gen to produce green hydrogen from offshore wind. “The combination of offshore wind and hydrogen has got massive potential. It is not possible to achieve net zero without green energy carriers, who will need a massive amount of renewa

about 2 years ago
Vattenfall, TKF Form Long-Term Partnership for Offshore Wind Farm Inter-Array Cables
Outlook & Strategy

Vattenfall, TKF Form Long-Term Partnership for Offshore Wind Farm Inter-Array Cables

Vattenfall and TKF have signed a multi-year partnership for the supply of inter-array cables for offshore wind farms in Europe. The agreement covers the supply of 66 kV inter-array cables and will apply to all fixed-bottom European offshore wind farms developed by Vattenfall in the coming years. The

about 2 years ago
UK and Germany Boost Offshore Renewables Ties
Outlook & Strategy

UK and Germany Boost Offshore Renewables Ties

A new partnership between the UK and German governments has been agreed on 3 November to help secure safe, affordable, and clean energy for consumers in both nations for the long-term and bolster energy security. Both countries commit to strengthening cooperation in renewables, notably offshore wind

about 2 years ago
Iberdrola Masdar Baltic Eagle
Outlook & Strategy

Masdar and Iberdrola Wrap Up EUR 1.6 Billion Baltic Eagle Deal in Germany

Iberdrola has signed a strategic agreement with Abu Dhabi-based Masdar to co-invest in the 476 MW Baltic Eagle offshore wind farm in the German Baltic Sea. According to the terms of the transaction, the valuation of 100 per cent of the project amounts to around EUR 1.6 billion. Following confirmatio

about 2 years ago
Flotation Energy exclusivity agreements Cenos Green Volt
Outlook & Strategy

Flotation Energy, Vårgrønn Seal Exclusivity Agreements for 1.9 GW Scottish Floaters

Vårgrønn, a joint venture between Plenitude (Eni) and HitecVision, and Flotation Energy have signed exclusivity agreements for two floating offshore wind developments under Crown Estate Scotland’s Innovation and Targeted Oil and Gas (INTOG) leasing round. Once completed, the Green Volt and Cenos flo

about 2 years ago
New partnership targets cable-lay market
Outlook & Strategy

Huisman, ESD Partner in Offshore Wind Cable-Lay Market

The Netherlands-based Huisman has signed a partnership agreement with ESD to expand its cable-lay product portfolio, with the aim of increasing its position in the offshore wind market. According to Huisman, the agreement will see the combination of ESD’s expertise in designing smart cable-lay solut

about 2 years ago
UK Companies Forge O&M Services Alliance
Outlook & Strategy

UK Companies Forge O&M Services Alliance

RES, GEV Wind Power, Outreach Offshore, and Rix Renewables have launched the Offshore Wind O&M Partnership (OWOP) to supply a complete package of long-term operations and maintenance (O&M) services to offshore wind asset owners. The Partnership aims to reduce the complexity and resource intensity as

about 2 years ago
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