Siemens Gamesa reported a second-quarter loss before special items of €249 million, narrowing from a €446 million loss in the same period last year, driven by…
Browsing: Offshore
The UK government has raised the budget for its newly launched Clean Industry Bonus (CIB) scheme to £544 million, more than doubling the initial £200 million…
Ørsted has cancelled development of its 2.4 gigawatt (GW) Hornsea 4 offshore wind farm off the east coast of England, citing rising supply chain costs, higher…
Dutch heavy lifting equipment specialist Huisman has secured a contract to supply two knuckle boom cranes for offshore support vessels operated by Norway’s Sea1 Offshore, the…
The UK government has endorsed a series of reforms to its Contracts for Difference (CfD) scheme that will allow ministers and officials to set capacity targets…
A campaign to collect over two years’ worth of wind data crucial for the development of the 3,600MW Ossian floating offshore wind farm has been successfully…
The U.S. Supreme Court has declined to hear two legal challenges against the 804-megawatt Vineyard Wind 1 offshore wind project, effectively allowing the development—backed by Copenhagen…
Google and Shell have signed a power purchase agreement (PPA) that will extend the operational life of the NoordzeeWind offshore wind farm in the Netherlands, keeping…
Maersk Offshore Wind has launched its newly constructed wind turbine installation vessel (WIV) at Seatrium’s Tuas Boulevard Yard in Singapore, marking a key step in the…
The company posted record revenue of DKK 5.6 billion (€750.4 million), a 12% increase from the previous year. Earnings before interest, taxes, depreciation and amortisation (EBITDA),…
The vessel, which will be built by Vard in Vietnam, is set to enter into a minimum 15-year operations and maintenance (O&M) contract for an offshore…
The investment supports the integration of Aquatic and its assets following Motive’s acquisition of the company from Acteon Group in 2024. Located at the Loyang Offshore…