UK offshore wind has ‘entered Premier League’, Crown Estate say
UK Offshore wind "entered the Premier League" in 2018, according to a new report by the Crown Estate.
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Saipem Group makes £185m loss in 2018
Italian oil and gas contractor Saipem Group has posted pre-tax losses of £185 million for 2018.
Sparrows cable and pipelay business doubles income
Offshore supply firm Sparrows Group has announced that its cable and pipelay solutions division has doubled its revenues.
Total forms consortium to acquire French wind project
French oil giant Total has announced it will form a consortium with offshore wind developer Orsted to submit a bid for a Dunkirk offshore wind project.
Orsted sees healthy end of year growth in 2018
Danish wind giant Orsted has announced it saw healthy £700 million profit growth in Q4 2018.
Carbon Trust call on wind sector to help with vessel emissions
The Carbon Trust has put out a call to the offshore wind sector to help solve the issue of vessel emissions and reduce fuel consumption.
Orsted pledges to ‘work closely’ with regulators on biodiversity
Wind developer Orsted has pledged to "work closely" with regulators to decrease the firm's impact on the sea life and ecosystem under a new policy.
Offshore wind’s 21,000% gain shows sector’s value is skyrocketing
An Italian construction company just sold its lease to develop a wind farm in waters off the New Jersey coast for $215 million, about 21,000 percent more than it paid only three years ago.
Danish wind firm sets out £23bn renewables investment commitment
Danish wind firm Orsted has set out it's long-term strategic investment plan with a £23.3 billion renewables investment commitment towards 2025.
Orsted completes multi-million buyout of US wind firm
Danish wind giant Orsted has announced the completion of its buyout for US offshore wind developer Deepwater Wind.
Orsted doubles pre-tax profits in a year
Danish wind firm Orsted has reported double pre-tax profits on last year, thanks to a bumper increase in capacity.
Orsted subsidiary won’t face court appeal by Danish authorities
A subsidiary company of Danish-owned wind firm Orsted will not face a high court appeal by authorities to overturn an acquittal served in May.
Orsted splurges $500m on US wind farm owner
Orsted has agreed to buy Rhode Island-based Deepwater Wind from D.E. Shaw Group for $510 million.
Orsted get Crown Estate approval for Race Bank extension
Danish wind developer Orsted has announced it has received approval from the Crown Estate to progress the Race Bank Windfarm extension.
Orsted completes £444m Lincoln Clean Energy acquisition
Danish energy giant Orsted has today announced the completion of its Lincoln Clean Energy acquisition for an estimated £444 million.
Offshore wind ‘worth £30bn to UK firms’, claims former F1 boss
The global offshore wind sector could be "worth £30 billion a year" to UK firms, a new offshore wind prospectus has claimed.
Orsted sells half of Hornsea 1 wind farm for £4.5bn
Danish green energy firm Orsted will sell 50% of its Hornsea 1 offshore wind farm to Global Infrastructure Partners (GIP).
Balmoral inks offshore wind pact with Orsted
Balmoral’s new Norwegian subsidiary will work with renewables firm Orsted on the design of cable protection systems (CPS) for offshore wind farms.
World’s biggest working wind farm opens in the UK – built by Danes
The world's largest working offshore wind farm opens today off the north west coast of England.
North Sea among world leaders in offshore wind, report claims
A new report by business research firm Global Market Insights has said the UK North Sea and Germany are currently leading the world in offshore wind energy.
Europe may have stable weather until October. But not everyone is happy
The high pressure system that brought record temperatures to parts of Europe this summer and blocked wind from blowing through the region looks set to last until October, potentially limiting returns for wind-farm operators from SSE Plc to Orsted AS.
Balfour Beatty win Hornsea Two substation deal
Construction firm Balfour Beatty has today announced that it will build the substation for the 1.4 gigawatt (GW) Hornsea Two offshore wind development.
Orsted acquires US onshore wind developer
Danish renewable energy firm Orsted has agreed to acquire US onshore wind developer Lincoln Clean Energy.
Attollo plays key role in huge wind farm project
Aberdeen-based marine asset management specialist Attollo Offshore played a key role in one of the world’s most innovative renewable energy projects.
Milestone for world’s largest windfarm
Danish operator Orsted has passed a milestone for what is set to become the world's largest windfarm off the coast of the UK.