Subsea7’s renewables division reported a sharp rise in earnings during the third quarter of 2024, with adjusted EBITDA reaching $62 million—double the figure recorded in the…
Browsing: Offshore
Singapore-based Vena Energy has named South Korea’s LS Cable & Systems as the preferred supplier for high-voltage subsea cables for its 504-MW Taean Offshore Wind Farm,…
Finland’s gas transmission system operator, Gasgrid, has enlisted Switzerland-based StreamTec Solutions AG (STS) as its owner’s engineering partner for two hydrogen transmission projects in the Baltic…
Danish wind turbine manufacturer Vestas Wind Systems A/S has launched a new production line for blades designed for its V236-15.0 MW offshore wind turbines at its…
Equinor has announced a 20% reduction in its global renewables workforce, equivalent to approximately 250 full-time roles. However, the company expects the actual number of redundancies…
Poland’s energy company Polenergia has announced that its offshore wind projects, Baltyk 2 and Baltyk 3, developed in collaboration with Norway’s Equinor, have signed a 30-year…
The Crown Estate has partnered with expert organizations across the UK to initiate five projects designed to accelerate progress toward net zero while supporting marine and…
Fabrication has started on the foundation for TotalEnergies’ Culzean floating wind pilot project, marking a significant step in integrating renewable energy into offshore oil and gas…
Ocean Winds has submitted planning applications to the Scottish Government’s Marine Directorate for the 2GW Caledonia Offshore Wind Farm, marking a significant milestone after three years…
The Baltic Power offshore wind project, a 1.14-GW development by Poland’s Orlen and Canada’s Northland Power, has introduced a compensation program to support local fishermen affected…
HSM Offshore Energy has achieved a significant milestone in RWE Renewables’ 1,058-MW Thor offshore wind project with the roll-out of the offshore high voltage substation (OHVS)…
Energy and marine consultancy ABL has established a new office in Mount Maunganui, New Zealand, to bolster its services in the country’s growing maritime and offshore…