Danish wind energy giant Orsted completed its previously announced takeover of Deepwater Wind from D.E. Shaw group in a deal valued at $510 million.The company closed the transaction of acquiring 100% of equity stake held by D.E. Shaw group in Deepwater Wind…
Danish energy group Orsted posted third-quarter profit well above analyst expectations on Thursday and lifted its outlook for the year, in part thanks to the contribution from new offshore wind projects.Orsted now expects EBITDA for the year…
US offshore wind developer US Wind has awarded a contract to Oceaneering for high-resolution marine geophysical surveys in 2H 2018 for the Maryland Offshore Wind Project. The $2.5 billion Maryland project on the Maryland Outer Continental Shelf (OCS)…
US wind developers Cape Wind have applied to relinquish its lease offshore Massachusetts, which at one time had been set to be America's first offshore wind farm. A series of setbacks endured by Cape Wind allowed the honor of America's first…
JDR has officially opened its European service center in Newcastle upon Tyne, UK, to deliver greater service value for clients and facilitate continued growth. The opening was marked by an official ceremony on Friday (7 July) led by Nick Brown…
While offshore wind has taken off rather successfully in Europe – the US offshore wind industry has some way to go. Karen Boman reports on how existing offshore oil and gas technologies can be applied on offshore wind projects in the states…
Northeast England has a heritage when it comes to the shipping and offshore industries. Elaine Maslin reports on how JDR and GE Wellstream are keeping the tradition alive. The carcass line at GE Wellstream…
Subsea power cables and umbilical manufacturer JDR has been selected by US Wind Inc., as the preferred cable partner for its first offshore wind project. The project is the 750MW Maryland Development project. Expected to be the largest offshore wind farm to date in the USA…
Audrey Leon speaks with Tom Adams, vice president, Power Business Development, at ABS Group, to find out how the firm is offering its inspection and quality assurance services to the offshore wind industry. Image from iStock…
The US government’s Atlantic Wind Lease Sale 6 for 79,350 acres offshore New York was held this week, with Norway’s Statoil being declared the provisional winner. Atlantic Wind Lease Sale 6 map…
Audrey Leon profiles Block Island Wind Farm, which is destined to be the US’s first offshore wind project when it starts up later this year. Jacket foundations, built by Gulf Island Fabrication…
Denmark's DONG Energy will take over an offshore New Jersey wind lease previously held by RES Americas Developments that had been awarded to RES in an auction held by the US Bureau of Ocean Energy Management (BOEM) in November 2015. The New Jersey lease encompasses 160…
As part of President Obama’s comprehensive Climate Action Plan to create American jobs, develop domestic clean energy resources and cut carbon pollution, Sally Jewell, US secretary of the Interior and Abigail Ross Hopper, Bureau of Ocean Energy Management (BOEM) director…
For the US energy industry, 2014 will be remembered as the year when crude oil prices fell below US$50/bbl, resulting in significant realignments in the sector. Aside from the oil price collapse and the historic high of domestic natural gas production…
In the face of a lot of hard evidence on the failure of renewable energy sources to defeat the physics of energy and laws of economics, the UN Intergovernmental Panel on Climate Change released its latest report on renewable energy development in May 2011 (www…
