
DNV Sees North Sea Offshore Wind LCoE Falling Up to 28% by 2050
DNV says turbine standardisation, longer production runs and predictable project pipelines could reduce North Sea offshore wind LCoE by up to 28% by 2050.

DNV says turbine standardisation, longer production runs and predictable project pipelines could reduce North Sea offshore wind LCoE by up to 28% by 2050.

L&T Energy Hydrocarbon Offshore has secured additional ONGC work for the Ratna–I and NLM-14 project off India, covering new platforms, subsea pipelines, cables and offshore modifications.

Transocean’s Deepwater Atlas has started drilling the second development and production well at the Monument project in the US Gulf of Mexico.

McDermott has secured a $500 million-$750 million subsea contract from Eni for the Cronos gas development offshore Cyprus, covering project management, engineering, procurement and installation support.

Boskalis vessel Windpiper has started rock installation at Bałtyk 2 and Bałtyk 3 after loading nearly 45,000 tonnes of rock in Norway for export cable protection.

Heerema Marine Contractors is setting up an engineering hub in Porto, Portugal, to support offshore wind, heavy lift, marine infrastructure and decommissioning projects.

Taiwan plans to begin selecting floating offshore wind demonstration projects in 2027, with two sites expected and a possible third site if necessary.

KANFA has completed EPC work on Karish Module M10 at Drydocks World Dubai for the Energean Power FPSO. The module weighs under 700 tonnes and will increase liquid production capacity by 72%.

Shearwater will conduct a seven-week North Sea OBN survey using newly installed electric ROVs on SW Tasman, with SW Gallien supporting the operation as source vessel.
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