Royal Dutch Shell said on Thursday the majority of its oil and gas reserves will be produced by 2050, playing down the risk of stranded assets as it prepares to reduce its greenhouse gas emissions in the coming decades.The disclosure is a rare…
Belgium-based offshore installation company DEME Offshore and Japanese marine contractor Penta-Ocean Construction are forming a joint venture to focus on the construction of offshore wind farms in Japan. 'The new Joint Venture brings together…
Japan's JERA has opened an office in the city of Akita as a base for offshore wind projects off the coast of Akita Prefecture, Japan.Favorable wind conditions along the Japan Sea from Hokkaido to Tohoku make it a promising area with many locations suitable for offshore wind power generation…
The global wind industry could install nearly 1 terawatt (TW) of new capacity between now and 2030, with much of that added by China, consultancy Wood Mackenzie said on Monday.China's target of having 1,200 GW of wind and solar by 2030 could result in 408 GW of new wind capacity from 2021 to 2030…
Oslo-listed Offshore Heavy Transport has said it has recently experienced an uptick in demand for the transportation of offshore wind equipment to China.'OHT’s fleet of semi-submersible heavy transportation vessels have been busy transporting offshore wind equipment to China…
Australian offshore vessel operator MMA Offshore has secured three new contracts in the offshore wind market in Taiwan.The contracts are for the vessels MMA Pride, MMA Crystal, and MMA Responder.'These three contracts, with firm periods totaling 270 days…
German offshore vessel operator Opus Marine has acquired two WINDFLEX-27 Crew Transfer Vessels built by Penguin Shipyard, a unit of Singapore-based Penguin International Limited. Incat Crowther, the vessel designer, said that the two vessels…
DNV, the independent energy expert and assurance provider, has signed a USD 17.7 million (NOK 150 million) contract to be the 'Owner’s Engineer' for Taipower Offshore Wind Project Phase II (Changhua Phase II) in Taiwan. It is the largest offshore…
Denmark-based offshore wind installation company Ørsted, said Friday it was kicking off full-scale offshore construction activities of the 900 MW Greater Changhua 1 & 2a offshore wind farms in Taiwan.Ørsted said it would start laying export…
Spanish renewable energy giant Iberdrola has added another offshore wind project to its Japanese portfolio as it has agreed with Cosmo Eco Power and Hitz to jointly develop the 600MW Seihoku-oki wind project in Aomori prefecture, in the northwest of the country…
UAE-based offshore vessel and jack-up services provider Zakher Marine International (ZMI) has secured its first windfarm installation contract in the South China Sea valued at $110 million. 'With this award, ZMI becomes the first UAE and [Gulf…
Japanese renewables group JRE has been put up for sale by its owners, including Goldman Sachs, three people familiar with the matter said, a deal expected to draw interest from European firms eager to enter Japan's green power market.Japan Renewable…
Floating offshore wind, despite the currently low installed capacity, could be the next frontier in wind power development in the Asia Pacific with almost limitless potential, says Wood Mackenzie, adding the total investment in the sector could be worth US$58 billion…
Credit: phi771/AdobeStockEmployment in the oil and gas sector, despite some expected uptick, will never return to its heydays of a few years ago, but offshore wind, however, will be 'the new hiring haven for energy jobs,' especially in the turbine making segment…
Norwegian offshore vessel owner Siem Offshore and Seaway 7, the renewables business unit of Subsea 7, have entered into a contract for an offshore wind project in the Far East. Siem Offshore said that the project will utilize the offshore construction vessel 'Siem Barracuda'…
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