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Full Steam Ahead for Maryland Offshore Wind Program

US Wind, Inc. (“US Wind”) joined Governor Wes Moore, Speaker of the House, Adrienne A. Jones, Senate President Bill Ferguson, and other key leaders of the Maryland General Assembly Thursday for the signing of critical legislation aimed at keeping the state’s offshore wind goals on track.

Full Steam Ahead for Maryland Offshore Wind Program

Cadeler Secures Vessel Reservation Agreements with Two Equinor and Polenergia Joint Ventures

Cadeler A/S (Cadeler) has secured vessel reservation agreements with both MFW Bałtyk II Sp. z.o.o. and MFW Bałtyk III Sp. z.o.o., each a joint venture project owned 50% by Equinor and 50% by Polenergia, marking the first contract between the parties. The aggregate potential value of the contracts to be negotiated during the pendency of the vessel reservation agreements is anticipated to fall within the range of EUR 110–130 million. Operations are scheduled to commence in 2027.

Cadeler Secures Vessel Reservation Agreements with Two Equinor and Polenergia Joint Ventures

Worley to Support the Bayou Bend CCS Project

Worley, a global professional services company of energy, chemicals, and resources experts, has been selected to design and evaluate carbon dioxide (CO2) gathering, handling and sequestration facilities for the Bayou Bend CCS LLC (Bayou Bend) joint venture located along the Gulf Coast in Southeast Texas. The Bayou Bend project includes a CO2 storage footprint of nearly 140,000 acres of pore space.

Worley to Support the Bayou Bend CCS Project

SubseaPartner Secures Offshore Work on the Norwegian Continental Shelf

Norwegian Diving Contractor, SubseaPartner, has won offshore work at the Goliat and Balder fields on the Norwegian Continental Shelf (NCS). The contracts have been awarded by Vår Energi under the existing frame agreement for offshore contingency and diving intervention services.

SubseaPartner Secures Offshore Work on the Norwegian Continental Shelf

Minesto’s Tidal Kite Dragon 12 Generates First Power

Minesto, a leading ocean energy developer, has announced that for three months, since its initial installation in February 2024, the tidal kite Dragon 12 has been successfully grid connected and delivers as expected at the site in Vestmanna. In addition, for the first time, an array of tidal kites is in operation – the 1.2 MW D12 and one 100kW D4, adding valuable production data for array build-out. The data being generated underlines commercial readiness of Dragon Class systems and the continued testing supports both critical sales activities and preparations for product delivery.

Minesto’s Tidal Kite Dragon 12 Generates First Power

RWE and Port of Karlshamn to Explore Potential for Baltic Sea Offshore Wind Hubs

Global offshore player RWE and the Swedish Port of Karlshamn have signed a Memorandum of Understanding (MoU). The aim of this collaboration is to explore whether Port of Karlshamn could be a suitable harbor for the logistics, installation, operations and maintenance activities relating to RWE’s planned offshore wind projects in the Baltic Sea. In a first step, the partners will map the requirements and necessary build outs and investments to facilitate the scaling-up of the port’s capacity. An early implementation of port capacity will ensure that Sweden is well placed to maximize the potential of the offshore wind industry. This collaboration demonstrates a clear commitment to share knowledge and expertise, in support of broader industrial growth in Sweden.

RWE and Port of Karlshamn to Explore Potential for Baltic Sea Offshore Wind Hubs

PGS Awarded 4D Contract in West Africa

PGS is awarded a 4D contract in West Africa for an international energy company. Mobilization is scheduled for early September. The contract has a total duration of approximately 65 days, with an option to extend.

PGS Awarded 4D Contract in West Africa

OWC Conducts Black Sea Offshore Wind Feasibility Study

Renewable energy consultancy OWC has completed a zonal appraisal and technical-economic feasibility study for what could become among the first designated offshore wind areas in the Black Sea. The client is Romania-based independent energy company Black Sea Oil & Gas (BSOG).

OWC Conducts Black Sea Offshore Wind Feasibility Study

UK Government Supports EMEC Growth Plans

The UK Government has announced a new £4.6 million support package for the UK’s islands, £3 million of which will be awarded to the Orkney-based European Marine Energy Centre (EMEC) over two years.

UK Government Supports EMEC Growth Plans
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