Installations and investments in the global offshore wind industry are set to surge this decade as nations seek to transition to cleaner sources of energy, with total capital expenditure projected to more than double from $46 billion in 2021 to $102 billion in 2030, Rystad Energy research shows.
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James Fisher and Sons plc (James Fisher), the global provider of specialist products and services to the energy, marine and defense industries, and Graig Shipping PLC (Graig), long established UK shipowner, have unveiled a pioneering service operation vessel (SOV) design concept.
The East of England Energy Group (EEEGR) welcomes the exciting report from the Offshore Wind Industry Council which demonstrates huge potential growth for the industry’s job market by 2030.
Babcock Power Renewables LLC Acquires Assets of Renewable Concepts Inc. and R. Tinsley Projects Inc.
Babcock Power Renewables LLC, a Babcock Power Inc. (BPI) company, has announced that one of its subsidiaries has entered into a conclusive agreement to purchase substantially all of the assets of Renewable Concepts Inc. (RCI), a leading U.S. provider of innovative and reliable maintenance and service solutions for the wind power industry, and its affiliate R. Tinsley Projects Inc.
Worley and Chevron Corporation (Chevron) have entered into a global master services agreement covering Chevron’s upstream, midstream, and downstream business needs. The agreement can be used by Chevron’s business units including those involved in onshore and offshore assets as well as during project development.