Equinor will exit Japan’s offshore wind market, close its Tokyo office by the end of 2026, and narrow its renewables focus to integrated power markets.
Europe’s offshore wind sector supported 180,000 jobs and generated EUR 26 billion in economic value in 2025, led by new wind farm construction and expanding operations.
TotalEnergies reportedly plans to withdraw from several German offshore wind leases as rising construction costs and slower grid expansion weigh on project economics.
RWE Offshore Wind CEO Sven Utermöhlen will step down on 30 September 2026, with Tobias Keitel taking over from 1 October.
Dutch Offshore Contractors launches a major subsea cable transport campaign with FJORD, handling 200 km of cables and 19,500 tonnes in a complex offshore logistics operation.
CNOOC targets a 40% offshore wind capacity increase in 2026 to reach 3.5 GW, partnering with Ming Yang Smart Energy as falling costs and national targets accelerate China’s offshore wind build-out.
BW Offshore and McDermott outline a floating blue ammonia FPSO concept to convert offshore gas into low-carbon ammonia, capture up to 99% CO₂, and export directly to carriers.
Sevan Deepwater Technology and LATTICE International AS are evaluating an optimised FSIU concept for CCS, combining LPV storage technology with a cylindrical hull design.
Rio de Janeiro state has adopted a dedicated offshore wind policy, setting principles for offshore area use, aiming to attract investment, create skilled jobs and strengthen ocean-related industries.
