Statkraft, a Norwegian energy company, and Copenhagen Infrastructure Partners (CIP), a Danish investment firm, have partnered to develop 2.2GW of offshore wind capacity in Ireland. CIP’s…
Browsing: Offshore
Last year, developer Ørsted achieved its highest operating profit to date, as measured by earnings before interest, taxes, depreciation, and amortization (EBITDA). This was largely due…
Hellenic Cables is investing approximately €80 million over a two-year period to expand its subsea cable plant in Corinth, Greece. This expansion will double the plant’s…
The BOEM has declared that there is no competitive interest for a proposed lease area for floating wind research off the coast of Maine. The state…
PNE and Eolus have formed a joint venture to develop a 1 GW offshore wind project in Latvia, called Kurzéme. The project has a planned commercial…
The UK’s Crown Estate has secured leases for six offshore wind projects that are expected to generate around 8 GW of clean energy by the end…
According to Wood Mackenzie, the Inflation Reduction Act (IRA) will increase annual investment in renewables in the US from $64 billion in 2022 to nearly $114…
French petroleum company TotalEnergies has made a final investment decision on the Lapa South-West oil project in the Santos Basin offshore Brazil. The field, located approximately…
TenneT, a Dutch-German transmission system operator, has contracted Hitachi Energy and Petrofac to begin preparatory and detailed engineering work at its offshore converter stations as part…
