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Japan Tests Vertical Axis Floating Wind Turbine Off Nagasaki

Japan Tests Vertical Axis Floating Wind Turbine Off Nagasaki

An experimental vertical axis floating wind turbine has been installed offshore Japan in the bay at Iki City, Nagasaki, as part of a demonstration project aimed at advancing low-cost offshore wind. Developed by a consort…

Thu Jul 16 20268 min
Cadeler Secures €247M EIFO-Backed Green Loan for Wind Apex Vessel

Cadeler Secures €247M EIFO-Backed Green Loan for Wind Apex Vessel

Cadeler has secured a senior secured green term loan of 247 million euros to help finance the construction of its third A-class offshore wind installation vessel, Wind Apex. Backed by the Export and Investment Fund of De…

Tue Jul 14 20268 min
AKTOR Takes 50% Stake in Greece's Dioriga Gas FSRU Project

AKTOR Takes 50% Stake in Greece's Dioriga Gas FSRU Project

Greek infrastructure and energy group AKTOR will acquire a 50 percent equity stake in the Motor Oil-developed Dioriga Gas project, advancing Greece's floating storage and regasification unit sector. Revealed in stock exc…

Mon Jul 13 20268 min
Well-Safe Solutions Wins Beryl Decommissioning Contract in North Sea

Well-Safe Solutions Wins Beryl Decommissioning Contract in North Sea

Well-Safe Solutions has been appointed lead contractor for Apache North Sea's Beryl Field decommissioning project, adding to its earlier award for the Forties Field. The combined scope now exceeds 260 wells, making it on…

Thu Jul 09 20267 min
Wood Thilsted and COP Frontier Launch Deepwater Wind Firm Neretek

Wood Thilsted and COP Frontier Launch Deepwater Wind Firm Neretek

Offshore wind engineering firm Wood Thilsted and COP Frontier have launched Neretek, a new company aiming to unlock the potential of deepwater offshore wind. The venture has developed a next-generation foundation, the Ne…

Tue Jul 07 20267 min
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