Latest News for: Offshore investment projects


Assembly Starts for First U.S. Rock Installation Vessel for Offshore Wind

The Maritime Executive 17 May 2024
At the first steel cut in July 2023, President Biden highlighted that the vessel is one of 18 offshore wind shipbuilding projects as well as investments of nearly $3.5 billion across 12 manufacturing facilities and 13 ports to develop the U.S.

Seabed mining 'does not co-exist with offshore wind', government told

RNZ 15 May 2024
... makers to balance those benefits against the opportunity costs, both economic and environmental, that would result from the lost investment in offshore wind projects in the region and for New Zealand.

Green Builders of Tomorrow are making a difference today

Arab News 13 May 2024
... and RWE announced their £11 billion investment into the Dogger Bank South wind farm off the coast of Scotland, and where Masdar announced its investment into the East Anglia 3 offshore wind project.

Economic Watch: Offshore wind faces headwinds in the U.S.

Xinhua 11 May 2024
However, offshore wind projects are capital-intensive long-term projects, experts said, noting that energy providers and consumers need to agree on financial terms years ahead of time before the ...

China-France energy ties to be upgraded

China Daily 07 May 2024
"French power company EDF was the first foreign entity to co-invest in offshore wind projects in China and the cooperation, which expanded in scale last year, has proven successful," she said.

SLB's new agreement for Equinor projects highlights its increased focus on offshore

Business Journal 07 May 2024
SLB's offshore projects on track to reach a final investment decision jumped about 80% since pre-Covid years ... .

Interview: Nuclear energy cooperation between China, France has huge potential, says EDF China head 05 May 2024
In 2021, EDF and China Energy Investment Corp jointly delivered an offshore wind power project in Dongtai, Jiangsu province ... "We will continue to make more high-quality investments and deliver more outstanding projects in China.

Energy Insiders Podcast: Victoria’s big bet on offshore wind

Renew Economy 03 May 2024
... share of the Capacity Investment Scheme.

Maryland state senators urge Gov. Moore to veto wind energy bill. Here's why.

Delmarva Now 02 May 2024
"Requiring the Public Service Commission to open a revised Round 2 proceeding on June 1, 2024, to evaluate certain offshore wind projects; prohibiting the Commission from approving an application for ...

Concern agencies 'not ready' to deal with offshore wind park applications

RTE 02 May 2024
While project groups are ... "Without these projects the idea that people will invest billions in floating wind farms in a country that has failed in the development of offshore wind energy is ludicrous.

China, France set exemplary model of win-win cooperation in energy sector

People Daily 01 May 2024
In November 2021, the phase-5 of an offshore wind power project developed by the company in ... The project is the first offshore wind power project with both domestic and foreign investment in China.

UAE’s Masdar signs agreement to explore wind projects in Bahrain

The National 01 May 2024
Abu Dhabi clean energy company Masdar has signed an agreement with Bapco Energies to explore the development and investment in wind projects in the kingdom with a capacity of up to 2 gigawatts.

Masdar & Bapco Energies unite to develop wind projects in Bahrain

GCC Business News 01 May 2024
The deal for near-shore and offshore wind farms is Masdar’s first in the Kingdom and will be the first project of its kind in the region and the Middle East ... globally, both onshore and offshore.

Saudi Arabia considers scaling down Vision 2030 projects amid economic challenges

The National 28 Apr 2024
UK launches year-long Saudi investment drive to capitalise on Vision 2030 projects ... Saudi Arabia's offshore theme park that plans to draw one million visitors.

Elicio and BayWa win 270MW French floating wind tender

Splash24/7 16 May 2024
The award is the outcome of a competitive tender process initiated in 2021 for an offshore floating wind project with a capacity between 230 and 270MW, located in the south of Brittany off the coast of Lorient.