Clinton Marine Survey, on behalf of OX2, has carried out a geophysical survey for the Galatea-Galene wind farm offshore Sweden. The survey of about 370 square kilometres was carried out by Clinton Marine Survey’s Northern Storm vessel over a five-week period and included both the wind farm area and
State Power Investment Corporation (SPIC) has put into operation the world’s first offshore floating solar power plant integrated with offshore wind turbine, at a site located off the coast of China’s Shandong Province.
The developers of the West of Orkney Windfarm have completed its 2022 offshore and nearshore surveys for the project area, located around 25 kilometres off the Sutherland coast in Scotland. This milestone achievement covered geophysical and benthic surveys of the seabed across the 675 km2 offshore o
Partrac will soon deploy a floating LiDAR Buoy at the site of the Buchan floating wind project offshore Scotland, which is being developed by Floating Energy Allyance (FEA), a consortium comprising BW Ideol, Elicio, and BayWa r.e. The deployment is estimated to be carried out on 15 November, subject
As the UNEP points to slow progress on achieving 1.5°C target, it is more urgent than ever to put pledges into action, and accelerate the transition with strong support from the financial sectors.
Fugro has reported a revenue of €480.2 million for the third quarter of 2022, an increase of 17.4% compared to €378 million in Q3 2021, said to be supported by high demand for offshore wind solutions. The increase in revenue was fuelled by ongoing high client demand across markets, most notably rene
Equinor has recorded “strong financial results” in 3Q of 2022 thanks to increased output, primarily gas, and elevated energy prices.
Saipem has posted the highest quarterly revenue since the fourth quarter of 2015, driven by sizeable awards for its offshore business.
Keppel Infrastructure, National University of Singapore (NUS), and Nanyang Technological University (NTU Singapore) have teamed up to explore the development of an offshore hybrid system which could harness solar, wind, and tidal energy for continuous power generation.
Offshore Energy Exhibition & Conference 2022, coming up on 29 and 30 November in Amsterdam, will feature a Hydrogen Area for the first time, with TotalEnergies, Strohm, Green Team Twente, Shell, and TU Delft Hydro Motion Team set to join this inaugural moment for Offshore Energy and Navingo BV.
TotalEnergies has strengthened its balance sheet and doubled its profit in the third quarter of 2022 on a year-on-year basis.
NKT has completed the construction of the second extrusion tower for high-voltage power cables at its factory in Karlskrona, Sweden. NKT can now start manufacturing high-voltage power cables in the new tower, designated as NKT Lighthouse, in the fourth quarter of the year. The 150-meter tall tower i
Danish Ørsted, said to be the world’s leading offshore wind developer, and Norway’s energy giant Equinor have entered into an agreement under which Equinor will supply Norwegian gas to Denmark via Baltic Pipe from 1 January 2023 to 1 April 2024. The total volumes of gas supplied during the period wi
The European Investment Bank Group (EIB Group) has agreed to support the REPowerEU plan with additional €30 billion in loans and equity financing over the next five years.
