As of mid-March 2021, there were at least 30 offshore wind projects in the planning stage representing an $87.5bn CAPEX and $2.8bn annual OPEX opportunity thatare forecast to be developed within this decade.
By Philip Lewis IMA/WER
Read moreThe floating offshore wind industry, still considered nascent - and minuscule compared to the installed capacity of its "older brother, "- that is the conventional, fixed bottom offshore wind industry (29GW at 2019 end) - is showing promise and is expected to take off big time by the end of the decade.
By Bartolomej Tomic
Read moreAs the traditional offshore oil and gas markets continue to struggle, the renewable offshore wind market is hot and getting hotter.
By Barry Parker
Read moreV&SH Offshore Solutions, an offshore contractor specialized in testing and terminations, cable repairs, and outfitting of offshore high voltage assets has become a part of WTS Energy, an energy services firm providing engineering support and manpower supply.
Read MoreJan De Nul Group said Wednesday it had completed the installation of all 21 offshore wind turbines for the 109.2 MW Taiwan Power Company Offshore Windfarm Phase 1 Project – Demonstration, including the installation of all subsea cables.
Read MoreFloating wind technology developer BW Ideol has teamed up with Hitachi ABB Power Grids on developing scalable floating substations for offshore wind.
Read MoreNOV announced it has been awarded contracts for the design and the supply of equipment for a wind turbine installation jack-up vessel (WTIV) being built for Eneti.
Read MoreFriede & Goldman Ltd. (F&G), a company known for its offshore oil drilling rig designs, has announced the BargeRack, "a revolutionary solution to the feeder concept of offshore wind turbine installation."
Read More