offshore-market

Image for RWE CEO sees no need for writedowns on major US offshore projectFinance

Rwe CEO Sees No Need for Writedowns on Major US Offshore Project

Image for German minister flags risks to tenders as offshore auctions draw no bidsHeadlines

German Minister Flags Risks to Tenders as Offshore Auctions Draw No Bids

Image for Offshore Support Vessel Service Market to Reach $29.03 Billion by 2034, Expanding at 7.3% CAGRResearch Reports

Offshore Support Vessel Service Market to Reach $29.03 Billion by 2034, Expanding at 7.3% Cagr

Image for Logan Group secures backing from over 80% of creditors for $8 billion debt revampFinance

Logan Group Secures Backing From Over 80% of Creditors for $8 Billion Debt Revamp

Image for Saipem says fleet expansion is driving Subsea 7 merger

Saipem Says Fleet Expansion Is Driving Subsea 7 Merger

Date: February 26, 2025

MILAN (Reuters) - The rationale for a merger between Italy's Saipem and Norway's Subsea 7 is to combine the fleets of the two energy services companies to service customers quicker and cut costs, the...

Image for Analysis-China regulatory easing hopes brighten outlook for offshore equity fundraising

Analysis-China Regulatory Easing Hopes Brighten Outlook for Offshore Equity Fundraising

Date: February 21, 2025

By Kane Wu and Scott Murdoch HONG KONG/SYDNEY (Reuters) - Chinese companies, mainly those in the tech sector, are accelerating plans to raise funds offshore, tapping into a rebound in investor...

Image for Portugal keen to create offshore wind cluster, could reach 10 gigawatts

Portugal Keen to Create Offshore Wind Cluster, Could Reach 10 Gigawatts

Date: January 17, 2025

By Sergio Goncalves LISBON (Reuters) - Portugal's government said on Friday it was keen to create a cluster of wind farms off its Atlantic Ocean coast that could eventually reach a total capacity of...

Image for Macquarie-backed offshore wind developer Corio starts job cuts

Macquarie-Backed Offshore Wind Developer Corio Starts Job Cuts

Date: December 6, 2024

(Reuters) – Corio Generation, the UK-based offshore wind developer backed by Australia’s Macquarie Group, plans to cut a small number of jobs roles, a company spokesperson told Reuters on Thursday. Ballooning costs due to technical and supply chain problems and high interest rates has had many offshore wind sector companies review investments or undertake restructurings....

Image for Prysmian signs deal with TechnipFMC for floating offshore wind facilities

Prysmian Signs Deal With TechnipFMC for Floating Offshore Wind Facilities

Date: November 4, 2024

(Reuters) – Italy’s Prysmian and Britain’s TechnipFMC signed an agreement to strengthen the development of floating offshore wind facilities, the companies said on Monday. The aim of the tie-up is to pioneer a subsea water column solution “from seabed to ocean surface”, combining TechnipFMS’s design and integration capacities with Prysmian’s submarine power cable systems, the...

Image for Why International Banking in Belize is a Secure Haven for Global Investors

Why International Banking in Belize Is a Secure Haven for Global Investors

Date: October 6, 2023

Why International Banking in Belize is a Secure Haven for Global Investors By Luigi Wewege, President, Caye International Bank Nestled in the heart of Central America, Belize, known for its pristine beaches, lush jungles, and vibrant culture, is fast becoming a haven for a different kind of treasure—financial security. The country has witnessed a remarkable...