Freja Offshore AB, a joint venture between Mainstream Renewable Power and Swedish floating wind specialist Hexicon AB, has unveiled a groundbreaking proposal to construct a massive…
Browsing: Offshore
British oil and gas giant BP Plc (LON:BP) announced a pre-tax impairment charge of USD 540 million (EUR 509m) during the third quarter of 2023, connected…
Several European energy companies, including Denmark’s Orsted, are expected to announce additional write-downs on their U.S. offshore wind investments, following recent impairments by BP and Equinor…
Polish utility PGE Polska Grupa Energetyczna SA and Denmark’s Ørsted A/S have taken a significant step forward in their 1.5-Gigawatt (GW) Baltica 2 offshore wind project…
Leading companies in the renewable energy sector, RES, GEV Wind Power, Outreach Offshore, and Rix Renewables, have jointly launched the Offshore Wind O&M Partnership (OWOP), an…
The Business Network for Offshore Wind, a prominent trade group, has announced a transformative rebranding initiative, unveiling its new identity as the “Oceantic Network.” This strategic…
Offshore wind developers in Germany are urging the government to adopt the EU Wind Power Package’s measures, specifically the introduction of index-linked Contract for Difference (CfDs).…
BP, in collaboration with Equinor, announced a pre-tax impairment charge of $540 million in the third quarter of 2023 in connection with its offshore wind projects…
Freja Offshore has officially submitted a comprehensive planning application for the ambitious Dyning floating offshore wind farm in the Baltic Sea, strategically located within Sweden’s economic…
The Biden administration announced on Monday its commitment to allocate up to $1.3 billion to facilitate the development of three new power lines spanning six states…
Brittany has officially solidified its backing for tidal turbine technology by becoming a member of Ocean Energy Europe, the world’s largest network of ocean energy professionals.…
Friede & Goldman and OIM Wind have revealed the FO-146 Wind Turbine Installation Vessel (WTIV), a pioneering addition to the offshore wind industry. Based on F&G’s…