Latest News for: Offshore investment projects


Federal Regulator Concedes Offshore Wind Could Pose Threat to Marine Life

Principia Scientific 31 Mar 2023
The Biden administration in late February announced plans to accelerate federal investments in offshore wind projects, even as New Jersey environmentalists criticized the administration for dragging its feet in investigating offshore wind as a potential cause of the unexplained marine deaths.

'Powering up Britain’ blueprint outlines national move to green energy security

The Engineer 30 Mar 2023
Plans include a commitment to Carbon Capture Usage and Storage (CCUS) and further developing offshore wind capability, investing in EV charging points, bringing down household energy bills, and reforming the planning process to enable the rollout of renewable energy projects.

Danish firm to invest $5 B for offshore wind projects

Manila Bulletin 30 Mar 2023
Copenhagen Infrastructure New Markets Fund (CINMF), an affiliate of Danish fund manager Copenhagen Infrastructure Partners (CIP), will be investing $5 billion to for the commercial development of three greenfield offshore wind farm projects that could bring in 2,000 megawatts of additional power capacity in the country by 2028.

Chinese Crypto Exec Quits Firm Amidst Sexual Harrasment Probe

CryptoPotato 27 Mar 2023
Jun was an investment director of Ant and assisted the Jack Ma-backed fintech empire to establish A&T Capital, which has been investing in offshore crypto projects since 2014. The exec had previously worked at OKX Investment as well ... ....

Offshore wind proponents to study Port Taranaki's future as a sector hub

RNZ 25 Mar 2023
It will determine if particular port upgrades and investments are needed for offshore wind developers to construct, operate and maintain their projects ... The work will feed into feasibility activities being undertaken for separate planned offshore wind projects in Waikato and South Taranaki.

Scotland's offshore wind winners set to cut North Sea carbon emissions

Reuters 24 Mar 2023
The 13 were chosen from 19 bidders for agreements to start offshore wind ... Through a leasing process called INTOG (Innovation and Targeted Oil and Gas), it aims to attract investment in innovative offshore wind projects in Scottish waters to help decarbonise North Sea operations.

JERA snaps up Belgian offshore wind developer Parkwind

Splash24/7 23 Mar 2023
JERA has a portfolio of over 2 GW of operating renewables capacity with offshore wind project investments in the UK, Taiwan and developments in Japan.

EnBW moves ahead with 960 MW German offshore wind farm as it sells nearly half ...

Splash24/7 23 Mar 2023
German energy group Energie Baden-Württemberg (EnBW) has made a final investment decision for its €2.4bn ($2.61bn) He Dreiht offshore wind project and sold 49,9% to a consortium consisting of Allianz Capital Partners, AIP and Norges Bank Investment Management.

Belgian offshore surveying company GEOxyz opens first US office

Seatrade Maritime News 23 Mar 2023
... new connections with local representatives and allow the expansion of operations to better serve the renewable energy industry and offshore wind projects on the East Coast ... $22bn investment needed for US offshore wind supply chains.

Seatrade Maritime Logistics Middle East set to showcase opportunities in the region’s offshore marine sector

SAFETY4SEA 22 Mar 2023
... Maritime Logistics Excellence Forum” and “Seatrade Maritime ShipTech Forum”, the Seatrade Maritime Offshore Marine & Workboats Forum” will explore offshore marine projects in the region, the flow of foreign investment, and the marine support vessel market.

Institutional investors returning to Indian real estate

Khaleejtimes 21 Mar 2023
While the pandemic resulted in a drop, investments picked up again last year, reaching $4.9 billion, Colliers data show ... During 2023, green financing is likely to drive major investment decisions and increase investment opportunities as domestic and offshore investors seek good quality Grade A projects that are sustainable and ESG compliant.

SK oceanplant and Corio forge offshore wind pact

Splash24/7 17 Mar 2023
South Korea’s SK oceanplant, the offshore wind power business arm of construction engineering company SK ecoplant, has signed a memorandum of understanding with Corio Generation, a portfolio company of Macquarie’s Green Investment Group (GIG) to work together on offshore wind projects.

Rhode Island Wind Farm Proposal Links Port and Shipbuilding Investment

The Maritime Executive 17 Mar 2023
As the competition continues among the major developers of offshore wind projects to win approval for new projects, the companies are seeking to sweeten the offering by highlighting the broader financial impact and with promises of investments in ports, shipbuilding, and manufacturing if they are selected.

Romania's Transgaz ready to build pipeline for Black Sea gas

Natural Gas World 16 Mar 2023
... group OMV Petrom, majority controlled by Austria's OMV and state-owned Romgaz are expected to make a final decision to invest in a long-awaited offshore project by mid-2023.

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Taiwan's President Tsai Ing-wen, right, and Guatemala's President Alejandro Giammattei, walk side-by-side as they arrive to deliver a joint statement at the National Palace in Guatemala City, Friday, March 31, 2023. Tsai is in Guatemala for an official three-day visit. (AP Photo/Moises Castillo)
AP / Moises Castillo
Pope Francis waves from his car as he arrives at The Vatican, Saturday, April 1, 2023, after receiving treatment at the Agostino Gemelli University Hospital for bronchitis, The Vatican said.
AP / Andrew Medichini