Iberdrola and the World Bank, through its private sector investment arm, the International Finance Corporation (IFC), have signed a €300 million loan agreement to develop renewable energy projects in countries dependent on fossil fuels, including Morocco, Poland and Vietnam. IFC has already allocate
The offshore wind industry has faced significant headwinds in the past couple of years, with most of the negative effects tracing their origin back to the start of the COVID-19 pandemic and the geopolitical turmoil caused by Russia’s aggression against Ukraine. This has led to supply chain instabili
Kraken Robotics has completed a cable burial survey on behalf of Asso.subsea along the 16-kilometer export cable that runs from the Gode Wind 3 offshore substation to the Dolwin Kappa platform. The operation was conducted from the MSV Astrea, employing the advanced Sub-Bottom Imager™ (SBI). Kraken R
Great Lakes Dredge & Dock, together with its consortium partner Van Oord, has been informed by Empire Offshore Wind, a joint venture between BP and Equinor, of the termination of the rock installation contract for the Empire Wind 2 offshore wind project which was set to commence in 2026. In 2022, th
“A lot of people talk about digitalization, but digitalization is not a purpose in itself, but it can be an enabler to meet changing customer demands,” said Maaike de Rover, Program Manager Digitalization, Huisman. During the Huisman session at the Offshore Energy Exhibition & Conference (OEEC) 2023
Aker Solutions and the Marine Energy Test Centre (METCentre) in Norway have signed a front-end engineering and design (FEED) contract for a pilot project which will see Aker Solutions testing its new power transmission technology at the METCentre’s offshore test area that houses demonstration floati
Prysmian has commissioned the inter-array cable system for the Fécamp offshore wind farm located in the English Channel, some 24 kilometers off the French coast, in Normandy. The Fécamp offshore wind farm is comprised of 71 Siemens Gamesa SWT-7.0-154 wind turbines with a total capacity of nearly 500
South Korean Taihan Cable & Solution has acquired what is said to be Korea’s only cable-laying vessel (CLV) for the offshore wind market. Taihan, which announced the purchase on December 20, bought the vessel for approximately $38.4 million. The CLV, equipped with self-propulsion and a DP2 system, c
GustoMSC, a subsidiary of U.S.-based NOV, has officially launched the Enhydra series of vessels tailored specifically for floating offshore wind farms. Alain Wassink, Commercial Director of GustoMSC, presented the new series at The Stage during the Offshore Energy Exhibition & Conference (OEEC) 2023
The German Federal Maritime and Hydrographic Agency (BSH) has issued a planning approval decision for the DolWin4 offshore grid connection in Germany’s Exclusive Economic Zone (EEZ) in the North Sea. DolWin4, the first offshore grid connection system being implemented by German transmission system o
More than half of new vessels currently being built for Danish shipping companies will be able to sail on green fuels, trade and employer association Danish Shipping said.
Norway’s PASSER Group has secured a contract to deliver a vertical lay-up machine (VLM) for the first-ever subsea power cable factory in Taiwan. PASSER Products announced it had been awarded the contract for the delivery of the VLM to the new factory in Kaohsiung. The factory, which will specialize
Italy-based Prysmian Group is investing approximately €350 million for two new cable-laying vessels (CLVs) that it says will reinforce its submarine project execution capabilities. “The market is tremendously growing, and we are facing an increasing demand for submarine cable systems for interconnec
Dutch-Norwegian company SolarDuck has secured €15 million in funding for the further development and deployment of offshore floating solar power technology. According to SolarDuck, this funding sets the company on a path of continued growth, to deliver its first commercial projects and increase its
