OFFSHORE BUSINESS NEWS
TOP OFFSHORE BUSINESS NEWS
OFFSHORE BUSINESS NEWS
Wind power expansion continues but no new investment decisions in second quarter
The expansion of wind power continues. However, no new investment decisions were made during the second quarter of 2024, according to the Swedish Wind Energy Association's latest statistics and forecast for wind power expansion. The pace of expansion is slowing slightly compared [...]
Lithuania updated its National Energy Independence Strategy
The updated National Energy Independence Strategy was adopted by the Seimas on 27 June. The document aims to make Lithuania a fully energy independent country by 2050 that produces energy for its own needs and exports it. “This Strategy is the [...]
Equinor and Polenergia with contracts for the transport and installation of foundations and offshore stations for the Bałtyk 2 and 3 projects
Equinor and Polenergia have signed contracts for the transport and installation of foundations and offshore substations for the Baltic 2 and Baltic 3 projects. Offshore work in 2026-2027 will be carried out by Heerema Marine Contractors, using, for among others, a [...]
Norwegian company Deep Wind Offshore AS won another sea area auction
The Consumer Protection and Technical Regulatory Authority (CPTRA) announces that the winner of the auction for Saare 2.2 sea area has been revealed. The only bid was submitted by Deep Wind Offshore AS (Norwegian company) in the amount of 1,327,500 euros, [...]
Eolus Applies for permission to build the Skidbladner Offshore Wind Power
Eolus is applying to the Swedish Government for permission to build the Skidbladner offshore wind farm, with up to 147 wind turbines located just over 20 kilometers north of Gotska Sandön. The estimated electricity production is 11.7 TWh per year, which [...]
Renewables made up 44.7% of EU electricity production leading in power generation in 2023
According to Eurostat data presented by the European Commission - in 2023, renewable energy was the leading source of electricity in the EU, accounting for 44.7% of all electricity production. Renewables generated 1.21 million Gigawatt-hour (GWh), marking an increase of 12.4% compared with 2022. [...]
Sif and Smulders sign Capacity Reservation and Early Works agreement for the Bałtyk 2&3 Transition Pieces
Equinor and Polenergia owned joint venture companies leading the development of the Bałtyk 2&3 offshore wind farms, located in the Baltic Sea, have signed a Capacity Reservation and Early Works agreement with the consortium of Smulders Projects Belgium NV and Sif [...]
New COO of Eolus
Christer Baden Hansen, currently Chief Commercial Officer, has been appointed Chief Operating Officer and Deputy CEO of Eolus from 01 July 2024. Eolus currently has 8 offshore wind projects planned in Sweden and 2 in Finland. Christer Baden Hansen joined [...]
European Commission provides guidance on collaborative investment frameworks for offshore energy projects
A guidance document outlining ways in which investment frameworks for cross-border offshore grid and renewable projects can be organised most efficiently has been published by the European Commission. It will support EU countries, national regulatory authorities and system operators in their [...]
New CEO of ORLEN Neptun
Janusz Bil has been appointed the new CEO of ORLEN Neptun, the company responsible for the development of offshore wind projects in the ORLEN Group. Janusz Bil is a graduate of the Technical University of Lodz and the University of Lodz. [...]
