OFFSHORE BUSINESS NEWS
TOP OFFSHORE BUSINESS NEWS
OFFSHORE BUSINESS NEWS
Media Partnership: Reuters Events: Expanding Ports to Achieve Large-Scale Offshore Wind Deployment
European governments have pledged to deliver 160GW of offshore wind within the next decade, requiring €6.5bn of investment in port infrastructure by 2030 to meet these ambitions. In response to these announcements, ports are finding they will need to growing their business [...]
The ELWIND geophysical survey officially begins
Since early September, our survey vessel Karina has been investigating the seabed in the ELWIND offshore wind farm areas in Estonia and Latvia. This part of the Baltic Sea is a new region for G-TEC, making this two-month project especially exciting. [...]
OX2 has handed over Niinimäki wind farm in Finland
OX2 has handed over the Niinimäki wind farm in Finland to the owners, Finnish energy company Helen and Bank of Åland’s Wind Power Fund. The wind farm consists of 22 turbines and has a total installed capacity of 145 MW. The [...]
Education initiative by Ignitis Renewables: a space for discovery and discussions
This summer, Ignitis Renewables, an international green energy company, invited people to learn more about renewables. During the education season that lasted over three months, the company visited eight regions of the country, from Kėdainiai to Šventoji, and created opportunities for [...]
Windanker offshore wind farm construction begins – first monopile installed
A major milestone in the Baltic Sea: the first monopile for Windanker has been successfully installed, marking the start of construction on our third large-scale offshore wind project in the region. The monopiles – up to 84 meters long and weighing [...]
Progress in the construction of a power station for Polish offshore
The summer at the power station construction site near Choczewo in Pomerania was marked by intensive work. Energy measurement cabinets and auxiliary power cabinets were installed in the technical building to ensure the required power supply for all equipment and installations [...]
Deep Wind Offshore Receives County Administrative Board’s Recommendation for Olof Skötkonung Offshore Wind Project
Stockholm, September 30, 2025 – The County Administrative Board of Uppsala has recommended that the Swedish Government grant a permit under the Act on the Swedish Exclusive Economic Zone (SEZ) for Deep Wind Offshore’s planned offshore wind farm Olof Skötkonung in [...]
International independent experts have assessed the development of the Curonian Nord offshore wind farm in Lithuania
Even though the offshore wind market currently faces headwinds, the Curonian Nord offshore wind project developed by Ignitis Renewables in Lithuania is well-managed and aligns with industry best practices. These conclusions were made by a research and consultancy company for the [...]
Another company to use terminal in Świnoujście. ORLEN Neptun signs new agreement
ORLEN Neptun has signed another contract for the use of the offshore installation terminal infrastructure in Świnoujście. Under the agreement concluded with Smulders, responsible for the production of internal platforms for the Baltica 2 offshore wind farm project, steel components for [...]
LitGrid modernises key transmission line – boost for renewable energy
Lithuanian transmission system operator LitGrid is beginning the modernisation of the strategic 330 kV Aizkrauklė–Panevėžys line, which connects the Lithuanian power system with Latvia. Following completion of the design phase and obtaining building permits, a tender for the construction work has [...]
EIB Group to accelerate and simplify green investment, boosting European competitiveness, energy security and tech leadership
EIB Board adopts second phase of pioneering Climate Bank Roadmap, focusing on competitiveness, security and lower energy prices for companies and families. Plan includes doubling of investment for climate change adaptation, along with radically simplified procedures. Decision consolidates EIB Group’s role [...]