New Jersey Cancels Offshore Wind Bid Amid Market Challenges
The New Jersey Board of Public Utilities (BPU) has decided to cancel its fourth offshore wind solicitation, citing significant market challenges.
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Dolphin Drilling CEO Steps Down, Interim Successor Named
Bjørnar Iversen, the Chief Executive Officer of semisub rig operator Dolphin Drilling, has officially resigned from his position.
Taean Wind Power Secures Fixed-Price Contract in South Korea
Taean Wind Power has finalized a fixed-price offtake agreement for a major offshore wind project in South Korea.
BOEM Seeks Input on Offshore Wind Leasing Near Guam
The US Bureau of Ocean Energy Management issued a call for information and nominations regarding potential wind energy leasing off the coast of Guam.
Equinor Secures $3B Funding for Empire Wind 1 in the US
Norwegian energy leader Equinor has secured a $3 billion financing package to support its Empire Wind 1 project in the United States.
South Korea Awards 1.9GW of Offshore Wind Capacity in Auction
South Korea's Ministry of Trade, Industry and Energy has allocated nearly 1.9GW of offshore wind capacity via its latest offshore wind auction.
Denmark's Offshore Wind Tender Faces Major Setback
Denmark’s offshore wind energy goals have hit a significant roadblock, as the first phase of its 6GW North Sea tender failed to attract any bids.
Netherlands to Use Private Firms to Safeguard North Sea Assets
The Netherlands announces plans to hire private security personnel & equipment to protect offshore infrastructure in its section of the North Sea
Shell Sells Stake in Philippine Offshore Wind Project
Shell has divested its 40% stake in the Tablas offshore wind project in the Philippines, selling it to local renewable energy firm Alternergy.
Ørsted Partners with Brookfield on UK Offshore Wind Projects
Ørsted partners with Brookfield, through which Brookfield will acquire a 12.45% stake in four of Ørsted’s offshore wind farms in the UK.
South Korea Launches Tender for 1.5GW Offshore Wind Projects
South Korea has initiated a tender process for renewable energy projects, with 1.5GW of offshore wind capacity available for bidding.
Avangrid Faces Opposition to Power Cables in Barnstable
Avangrid encounters huge resistance to proposal for landing power cables from the New England Wind 2 offshore wind project in Barnstable, Mass.
Ocean Winds & Eletrobras Team Up for Offshore Wind Projects
Ocean Winds, a venture between France’s Engie and Portugal’s EDP, partnered with Brazilian power company Eletrobras to explore offshore wind farms
Hellenic Cables Partners with Leading Light Wind on NJ Project
Hellenic Cables has entered into a partnership with Leading Light Wind, an offshore wind project located near the New Jersey coast.
Offshore Vessel Prices Soar as Newbuild Values Nearly Double
A recent report highlights the dramatic rise in offshore vessel prices, with some types experiencing nearly a twofold increase in just 3 years.