Offshore Wind News


VARD Delivers Asia's First Newbuild Service Operation Vessel

Mar 11, 2022

Asia-first newbuild Service Operation Vessel for the offshore wind industry was delivered earlier this week at the VARD Vung Tau shipyard in Vietnam. The Taiwan-flagged SOV has been built for owner Ta San Shang Marine Co., Ltd, a joint venture between Mitsui O…

Offshore Wind Industry Coming to Australian Waters

Mar 11, 2022

Offshore wind is playing an important role in Europe’s shift to renewables. Australia’s excellent offshore resources now look like they are going to contribute to our own energy transition. Last week, the Victorian government announced ambitious…

High Tien Offshore, Jong Shyn Shipbuilding to Build Taiwanese CTVs

Mar 07, 2022

High Tien Offshore (HTO) signed a Letter of Intent with Jong Shyn Shipbuilding (JSS) to build Taiwanese Crew Transfer Vessels (CTV) in JSS' shipyard for use in the Taiwanese offshore wind farm industry, supporting developers’ bidding for the offshore windfarms of zonal development in Round 3…

Australia's Victoria State Sets 9GW Offshore Wind Target by 2040

Mar 04, 2022

Australia's Victoria state on Friday set targets of at least 2 gigawatts (GW) of offshore wind power by 2032, and 9 GW by 2040, setting up ambitious goals to help fill a gap in power supply as coal-fired plants shut down.Australia, heavily dependent on coal-fired power…

Japan's Mitsui OSK, Others to Buy Stake in Taiwan's Formosa-1 Offshore Wind Farm

Mar 04, 2022

Japan's Mitsui OSK Lines, Toho Gas, and Hokuriku Electric Power will buy a stake of 25% in Formosa International Investment from Australia's Macquarie Group to enter Taiwan's offshore wind power business.The Japanese firms said the deal takes them into the overseas offshore wind power market…

Floating Wind: Ocean Winds, Aker Offshore Wind JV Secures Another EBL in South Korea

Mar 03, 2022

Korea Floating Wind ('KF Wind'), a joint venture between Ocean Winds and Aker Offshore Wind, has received its second Electric Business License (EBL) from South Korea's government for a capacity of 450 MW, 'Obtaining the second EBL represents…

Kajima, Van Oord Picked as Balance of Plant Contractors for Three Japanese Offshore Wind Farms

Feb 28, 2022

Japanese construction firm Kajima Corporation and Dutch offshore installation contractor Van Oord have been selected as the preferred Balance of Plant contractors for three offshore wind projects in Japan. In December 2021 the Government of Japan selected three consortiums…

Sumitomo Electric, Seaway 7 in APAC Offshore Wind Collab

Feb 25, 2022

Sumitomo Electric, a Japanese manufacturer of electric wire and optical fiber cables, has signed a memorandum of understanding with offshore wind installation firm Seaway 7 with the intention to collaborate on offshore wind projects in Japan and the wider Asia-Pacific region…

RWE, Tata Power Looking to Jointly Develop Offshore Wind Farms in India

Feb 21, 2022

Germany-based renewables giant RWE and India-based power giant Tata Power have agreed on a partnership to explore the potential for a joint development of offshore wind projects in India. 'India is an unexplored and highly attractive market…

Sapura Energy Terminates Offshore Wind Installation Deal in Taiwan

Feb 07, 2022

Malaysian company Sapura Energy has issued a termination notice to Yunneng Wind Power in relation to a contract for the transportation and installation of monopiles at the Yunlin offshore wind farm in Taiwan, over an alleged breach of contract…

Australia: Pilot Energy, Triangle Energy Terminate Proposed Farm-out and Cliff Head Solar, Wind JV

Feb 02, 2022

ASX-listed oil and gas company Pilot Energy Limited said Tuesday its proposed agreements with Triangle Energy to farm out a part of a block off W. Australia and create a solar and wind joint venture would not go ahead as the Australian regulators have refused to grant the necessary approvals…

VIDEO: "Things are about to change in a big way" for U.S. Offshore Wind

Feb 01, 2022

In a recent interview with Maritime Reporter TV, Philip Lewis, Director of Research, Intelatus Global Partners, breaks down the U.S. Offshore Wind market 'By the Numbers.'Let's look at the world . There's around 75GW of offshore wind farms, either operational or being built in the world today…

Strategic Shift: POSH Focuses on Floating Wind, Divests Taiwan-based JV

Jan 28, 2022

PACC Offshore Services Holdings (“POSH”), a Singapore-based offshore marine services provider, said Friday it would be will be shifting its push into renewables away from operational support in the fixed wind market into the development of the fast-growing floating wind market…

Doosan Unveils 8MW Offshore Wind Turbine, South Korea's Largest

Jan 28, 2022

Doosan Heavy Industries & Construction has unveiled South Korea's largest offshore wind turbine, a 232.5 meters tall giant with a capacity of 8MW.Doosan said Thursday it had completed the implementation of the 8MW offshore wind turbine prototype at the Korea Wind Power Demonstration Center…

KF Wind Gets 'Key' License for Giant Floating Wind Farm in South Korea

Jan 25, 2022

Korea Floating Wind (“KF Wind”), a joint venture between Ocean Winds and Aker Offshore Wind, has secured its first Electric Business License (EBL) from South Korea's Ministry of Trade, Industry, and Energy for a capacity of 870MW.According to Aker Offshore Wind…

Current News

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Pakistan’s OGDC to Start Production at ADNOC’s Offshore Block by 2027

Petrovietnam, Petronas Extend PSC for Offshore Block

Sapura Energy Scoops Close to $9M for O&M Work off Malaysia

Hanwha Ocean Marks Entry into Deepwater Drilling Market with First Drillship

Borr Drilling Bags Three New Assignments for its Jack-Up Drilling Rigs

Eneos Scoops Jack-Up Drilling Contract Offshore Vietnam

Vietnam to Open Bidding Round for Three Offshore Oil Blocks

VARD Snags $125M Shipbuilding Deal for Subsea Construction Vessel

Mitsui’s STATS Lands Malaysian Pipeline Isolation Job

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