Tag: offshore industry

The technology major Wärtsilä along with the Norway based Siem Offshore shake hands and inked an Optimised Maintenance agreement in order to reduce carbon footprint with predictive maintenance

According to Bloomberg agency, oil majors recently agreed to pay a hefty premium in order to develop the next generation of major British offshore wind farms.

During the Total’s Board of Directors meeting on 8 February 2021, the French oil major announced that will change its name to "TotalEnergies" as part of the general strategy to reach net zero emissions.

Denmark reached a landmark agreement for the construction of an energy hub in the North Sea, reporting the installment of wind turbines with a combined capacity of 3 GW are expected to be installed in the first phase of the project.

In an effort to enhance an environmentally-friendly recovery from the COVID-19 oubreak, South Korea unveiled a 48.5 trillion plan to develop the world’s largest wind power plant by 2030.

Mitsubishi Heavy Industries and Vestas Wind Systems recently announced that their joint venture "MHI Vestas Japan Co., Ltd." has commenced operations.

A new initiative which goals to enhance the performance and slash costs for wave energy technology recently received €500,000 from EEA Grants.

OYO joined a geotechnical investigation, signing a Memorandum of Understanding (MoU) with Japan’s Nippon Yusen Kaisha (NYK) and Fugro, to explore the domestic offshore wind power industry.

Kongsberg Maritime signed a Letter of Intent with Chinese shipbuilder Yantai CIMC Raffles Offshore to deliver a large technology package for the BT-220IU Wind Turbine Installation Unit, destined to be among the largest of its type.

Newfoundland and Labrador government will offer finacial support to the "Hibernia Project", in an effort to protect offshore industry.