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OPT Acquires Subsea Technology Assets From Columbia Power Technologies

OPT Acquires Subsea Technology Assets From Columbia Power Technologies

Ocean Power Technologies has acquired strategic subsea developmental technology assets from Columbia Power Technologies, extending its capabilities from the ocean surface to the seabed. The acquisition adds subsea power…

Mon Jul 27 20267 min
Crown Estate Launches Accelerated Tender for 1.5-GW Morgan Wind Site

Crown Estate Launches Accelerated Tender for 1.5-GW Morgan Wind Site

The Crown Estate has launched a competitive tender to secure a new developer for the up to 1.5-GW Morgan offshore wind site in the Irish Sea. The move follows the previous developer's decision to discontinue development…

Mon Jul 27 20268 min
Saipem Wins €800M in Baleine Subsea and Italian Biorefinery Contracts

Saipem Wins €800M in Baleine Subsea and Italian Biorefinery Contracts

Saipem has been awarded two new contracts worth approximately 800 million euros, one offshore Ivory Coast and one onshore in Italy. The first covers subsea work for the Baleine Phase 3 development in water depths of up t…

Mon Jul 27 20268 min
Taiwan Sets Ambitious Offshore Wind Targets Through 2039

Taiwan Sets Ambitious Offshore Wind Targets Through 2039

Taiwan's Ministry of Economic Affairs has unveiled a medium and long-term strategy targeting up to 27.9 GW of installed offshore wind capacity by 2039. The 2026 to 2039 Offshore Wind Development Roadmap forms part of an…

Fri Jul 24 20267 min
EU Adopts 21st Russia Sanctions After Greek LNG Exemption Deal

EU Adopts 21st Russia Sanctions After Greek LNG Exemption Deal

The European Union has adopted its 21st sanctions package against Russia after overcoming a reported Greek veto by agreeing a temporary exemption for LNG transportation to third countries. The one-year exemption, subject…

Fri Jul 24 20267 min
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