Jack-up operator Gulf Marine Services expects to be “in breach of certain banking covenants” at the end of 2018 due to a delay in signing recently awarded contracts.
Siemens Gamesa and Aalborg University are leading a new research and development initiative that aims to cut the cost of offshore wind power by demonstrating and testing new technologies.
Swedish floating wind turbine player SeaTwirl has joined the Ocean Energy Scale-Up Alliance (OESA) that has been granted funding from the Interreg North Sea Region.
