LATEST NEWS
Chinese utilities seek domestic wind controls, OSW finds
OSW identified 251 procurements targeting foreign technology at operating wind farms and 42 requiring domestic technology in new installations. The records do not establish that replacements are complete.
Canada pledges CAD 100m for Nova Scotia offshore wind
Canada’s commitment includes CAD 5 million for floating LiDAR buoys. Net Zero Atlantic will receive nearly CAD 3 million for transmission modelling and marine surveys to help assess cable routes.
Ithaca Energy CEO Vasques plans retirement by March 2027
Ithaca Energy’s board has begun selecting a successor to Luciano Vasques, who became CEO in October 2024. The company plans a further announcement to support a smooth transfer of responsibilities.
Hai Long offshore wind project finishes turbine installation
Northland Power expects final permits for Hai Long in the first half of 2027. Construction costs remain in line with its original estimates as the development moves towards full commercial operation.
Equinor Exits South Korea’s Offshore Wind Market After 12 Years
Equinor is leaving South Korea’s offshore wind market after 12 years. The decision follows its withdrawal from the 750MW Firefly project and plans to transfer its stake in the 200MW Donghae-1 development.
Ocean Oilfield closes OCEAN MVM acquisition
Ocean Oilfield is seeking new drilling work for the jack-up, which arrived in Malta on 13 October 2026. Immediate deployment remains dependent on commercial arrangements and operating requirements.
Chinese heavy lift vessels move overseas, Spinergie finds
Spinergie records 15 HLV transfers from China to international markets in 2022–2025, including four returning vessels, as domestic utilisation eased after the 2021 offshore wind installation surge.
Subsea7 awards Worley Rosenberg Northern Lights Phase II fabrication contract
Worley Rosenberg will build subsea structures and spools for Subsea7 as Northern Lights expands CO2 transport and storage capacity to more than 5 million tonnes a year by 2028.
EU adds Russian shipyards to sanctions list
The EU has listed 826 companies and 743 chief executives. Maritime reports identify submarine builders, ship repair facilities and design bureaux among the businesses covered by the new designations.
