According to a study done by the Fraunhofer IWES, coordinated continued operation of existing offshore wind farms for up to 35 years, followed by decommissioning and new construction, could increase energy yields while reducing economic costs over the entire period. In a recent study, commissioned b
Norway’s VARD has cut the first steel for an offshore subsea construction vessel (OSCV) it is building for Taiwan-based Dong Fang Offshore (DFO). The 121.3-metre-long vessel of VARD 3 39 design is said to be a highly versatile platform designed and equipped for subsea operation duties, offshore wind
The developer behind the MunmuBaram floating offshore wind farm in South Korea has signed a Letter of Intent (LOI) with the Ulsan Metropolitan City to strengthen cooperation in developing the floating offshore wind industry and support regional economic growth. Under the agreement, Ulsan City will f
Denmark’s Ministry of Climate, Energy and Utilities, the Ministry of Transport, and wind turbine manufacturer Vestas have partnered to reduce operational emissions and costs by enabling the use of autonomous drones for inspection and maintenance at offshore wind farms. The new partnership seeks to p
Denmark’s Copenhagen Infrastructure Partners (CIP) and Vietnam National Industry – Energy Group (Petrovietnam) signed a joint development agreement (JDA) for one of Vietnam’s first offshore wind projects. The agreement was signed in Hanoi, with the participation of the Danish Embassy in Vietnam. The
Korea-headquartered Hanwha Ocean has signed a memorandum of understanding (MoU) with its compatriot Hyundai Engineering & Construction (Hyundai E&C) to strengthen the country’s offshore wind supply chain and promote localisation. Through this MoU, the two companies agreed to establish a domestic off
The US subsea engineering and applied technology firm Oceaneering International has secured a GBP 400,000 (around EUR 465,000) grant from Scotland’s economic development agency Scottish Enterprise for a project that aims to add manufacturing capacity for subsea power cables destined for Scottish off
Enefit Green has agreed with Japan’s Sumitomo Corporation to terminate their partnership in the development of the Liivi Bay offshore wind farm in Estonia. The decision follows thorough joint discussions on the offshore wind outlook in Estonia and assessment of the current market and regulatory cond
China’s ZTT Submarine Cable & System has begun construction of an advanced cable laying vessel (CLV) that will service offshore wind, island interconnections, and regional grid expansion projects in Asia Pacific (APAC). The new-generation, self-propelled CLV will be 139.8 meters long, with a 38-mete
Europe needs to invest an extra EUR 6.4 billion in port facilities and new vessels to reach its offshore wind energy goals, according to WindEurope. Currently, Europe can install and maintain about 10 GW of offshore wind annually, enough to meet its 2030 energy security targets, but after 2030, this
JERA and BP have completed the formation of JERA Nex bp, which holds a portfolio of operating assets and development projects with a net potential generating capacity of 13 GW. The new 50:50-owned joint venture is a global offshore wind developer, owner, and operator. The portfolio includes around 1
France’s cable systems designer and manufacturer, Nexans, has partnered with Crowley Wind Services to develop and operate a Jones Act-compliant cable lay barge, aiming to support subsea transmission work for offshore wind and other industries across the US. The 300-foot barge, flagged and crewed in
Vestas and Japan’s Ministry of Economy, Trade and Industry (METI) have signed an agreement to work together through a study group to expand wind power in Japan and look into investing in local wind turbine production. In addition, Nippon Steel signed a memorandum of understanding (MoU) with Vestas t
UK-based Inyanga Marine Energy Group has assumed operational management of the newly built Tor Boreas, a hybrid utility vessel developed for offshore wind operations. According to Inyanga, the 26.95-metre vessel will be operated in partnership with compatriot company, Tor Group, and is designed for
Texas-headquartered Great Lakes Dredge & Dock Corporation (GLDD) has launched the first US-flagged, Jones Act-compliant subsea rock installation vessel (SRIV), with delivery expected early in 2026. Acadia, launched at the Hanwha Philly Shipyard, Pennsylvania, is capable of transporting and installin
