Latest News for: Offshore investment projects


First US Cable Layer Planned to Fill Gap in Offshore Wind Sector Capability

The Maritime Executive 16 Apr 2024
rock installation vessel highlighted that companies have announced 18 offshore wind shipbuilding projects as well as investments of nearly $3.5 billion across 12 manufacturing facilities and 13 ports ...

The Irish Times view on Ireland’s offshore wind: a vital need to speed investment

The Irish Times 15 Apr 2024
The development of offshore ... In Ireland, there are already a first tranche of Irish offshore projects deploying fixed-bottom turbines near to the shore in the pipeline, backed by substantial investment.

Storm brews over China’s role in Scotland’s renewable revolution

The Times/The Sunday Times 14 Apr 2024
As April dawned, one of Scotland’s enterprise agencies, HIE, published the first results of its strategic investment model (SIM), designed to harness the power of offshore wind ... Projects worth £6.5bn ...

A �4,000,000,000 floating theme park is Saudi Arabia’s latest bonkers project

Metro UK 14 Apr 2024
This quirky offshore tourism project was announced back in 2021 and is being funded by Saudi Arabia’s Public Investment Fund ... Investment in the project is said to be around the £4bn mark, but the ...

MP Raises Concern Over Planned Chinese Wind Turbine Factory in Scotland

The Epoch Times 12 Apr 2024
... by Mingyang Smart Energy Group Ltd, was one of seven projects that were added to a priority list on April 2 by Offshore Wind Scotland.

Seapath and Pilot LNG apply to build natural gas liquefaction facility

Offshore Technology 12 Apr 2024
“The Galveston LNG Bunker Port project ... Planning of the project began in September 2023 and the final investment decision is expected in mid-2024, with operations predicted to start in late 2026.

Conflicts could put West Africa’s oil supply at risk, says report

Sierra Leone Telegraph 09 Apr 2024
Potential spillover of conflicts to the coastal West African countries could endanger some oil projects and deter foreign investment, according to report by analyst – Tsvetana Paraskova, writing for

Green Hydrogen Market 2024: Trends, Analysis, and Future Outlook

GetNews 05 Apr 2024
... in Renewable Energy Projects ... government announced in August 2019 an investment proposal worth USD 14.8 billion for a project that by 2030 will employ 4 GW of offshore wind to produce green hydrogen.

Foreign company CEOs request larger gov't incentives, improved infrastructure to expand investments in Korea

Korea Times 03 Apr 2024
Sean Blakeley, CEO of the British Chamber of Commerce in Korea, asked the government to introduce an improved electricity distribution network so that British firms make more investments in offshore wind farm projects in Korea.

A further 26 Scotwind supply chain projects advance to SIM Stage 2

Energy Voice 02 Apr 2024
A further 26 Scotwind offshore wind supply chain projects have advanced to the second stage of the Strategic Investment Model (SIM) process ....

Here's what New Bedford's mayor has to say about bids for a tri-state offshore wind plan.

SouthCoast TODAY 01 Apr 2024
... the scoring system for bids by which projects are graded ... Southcoast Wind, Avangrid and Vineyard Offshore all submitted bids for offshore wind projects based in Massachusetts by Wednesday’s deadline.

€278m committed by ISIF into three climate investments

RTE 01 Apr 2024
It is involved in investing in a range of different technologies, including offshore wind, energy storage and onshore wind and solar projects ... Alongside partner Statkraft, it plans to build an offshore ...