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- Category: Company News
Fugro has withdrawn its financial guidance for 2025 due to shifting market conditions. Offshore wind has contributed to weaker market sentiment, though the largest impact is in oil and gas, where lower commodity prices have delayed projects despite higher activity levels. The effect is seen across regions, particularly in early-stage site characterisation and in the Europe-Africa region, where Fugro operates much of its fleet.
- Category: Company News
In the period, OEG completed the acquisition of Trinity Rental Services, its 17th acquisition in five years, strengthening its US presence and fleet capacity. It secured an integrated service contract for the Inch Cape offshore wind project in Scotland and opened a new office in Edinburgh to monitor wind farm operations.
- Category: Company News
Iberdrola has agreed to sell all shares in Iberdrola Renovables Magyarország KFT, its Hungarian business, to a consortium comprising Premier Energy and Hungarian group iG TECH CC. The transaction will provide Iberdrola with €171.2 million, including a dividend distributed before closing.
- Category: Company News
OnPath Energy is preparing to expand its investment and operational activities across Great Britain after reporting an operating profit of £69.4 million in its latest annual accounts.
- Category: Company News
Chinese state-owned power developer Huaneng has issued a tender for the construction of a test bench capable of testing offshore wind turbines of up to 35 MW.
- Category: Company News
Freudenberg Sealing Technologies has commissioned a new test bench designed to evaluate large-format shaft seals under real operating conditions. The facility will support the development and validation of seals for applications such as wind turbines, tunnel boring machines, and other heavy industrial equipment.
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- Intermoor and Jumbo Offshore form strategic offshore alliance
- Windar Photonics expands global sales and capacity in first half of 2025
- Greencoat Renewables reports lower generation in first half of 2025
- Ørsted publishes prospectus and initiates rights issue
- Usens joins MEASNET as 30th member in Site Assessment competence area
- FairWind appoints Regional Head of Service for SESA region
- Onyx Insight acquires UK blade monitoring company Eleven I
- Bernhard Schulte Offshore takes delivery of second CSOV
- Gjenkraft secures funding for commercial wind blade recycling plant
- Vestas takes over Goleniów blade factory in Poland from LM Wind Power
- Ørsted adjusts 2025 EBITDA guidance
- Enercon focuses on wind turbines and new system solutions
- Inga Dransfeld-Haase joins Tüv Nord AG Board of Management
- Equinor to maintain 10% stake in Ørsted through Rights Issue
- Natural Power appoints Matthew Kelly as Director of Operations and Asset Management
- Cadeler relocates Taipei office
- Deutsche Windtechnik expands apprenticeship programme in Germany
- Atlas Professionals and NextWave Partners rebrand as Atlas NextWave
- OX2 appoints Matthias Taft as new CEO
- European Energy marks strongest half-year yet with 1.7 GW build-out
- Sif reports lower output but maintains confidence in long-term offshore wind market
- Cadeler interim results show strong growth in first half of 2025
- Clarksons strengthens offshore renewables presence in Asia-Pacific
- Flender appoints Tommy Rahbek Nielsen as President of Wind Business Segment
- Natural Power adds senior engineers to grid services team
- Hexicon reports improved operating result in Q2 2025
- Gurit focuses on wind sector restructuring and profitability
- Flender to acquire Wärtsilä wind and industrial gearbox service business in Brazil
- Firetrace partners with EID Group for South America and Caribbean distribution
