Equinor’s renewables segment recorded a net operating loss of $166 million for the third quarter of 2024, showing an improvement from a $412 million loss in…
Browsing: Offshore
Van Oord’s newest cable-laying vessel, Calypso, has officially commenced operations by installing cables on its first offshore wind project, the 1.4GW Sofia offshore wind farm in…
GE Vernova Inc. delivered strong third-quarter results, with adjusted EBITDA rising to $243 million, up from $205 million the previous year. However, the company faced setbacks…
Poland’s power grid operator, Polskie Sieci Elektroenergetyczne (PSE), has received an environmental decision for the last of its four 400-kV transmission lines designed to deliver power…
Portuguese maritime engineering firm Etermar has launched Etermar Energia, a new branch aimed at becoming a key partner in the development of offshore wind projects worldwide.…
GE Vernova is set to remove additional blades from the Vineyard Wind offshore wind farm and reinforce others as part of its ongoing safety measures. This…
Dutch engineering firm TWD and consultancy IX Renewables have signed a memorandum of understanding (MoU) to strengthen their presence in the offshore wind sector across the…
Copenhagen Infrastructure Partners (CIP), through its flagship fund CI V, has announced a strategic partnership with Stiesdal Offshore, aiming to establish the company as a key…
Ocean Winds has formalized a partnership with Eletrobras to advance offshore wind projects in Brazil, marked by the signing of a memorandum of understanding (MoU). This…
Iberdrola has reported a substantial investment of €12.3 billion in the third quarter of 2024, with a focus on expanding its networks and renewable energy projects…
Dominion Energy has completed a transaction to sell a 50% non-controlling interest in its 2,600MW Coastal Virginia Offshore Wind (CVOW) project to Stonepeak. While Dominion Energy…
Poland’s Ministry of Climate and Environment has prepared a draft amendment to the act promoting power generation by offshore wind farms. The proposed changes, submitted for…
