Offshore Wind

Subsea Sector to Generate Huge Industrial Revenue in the UK through Offshore Wind

A recent estimation of the potential of the subsea industry in the UK reveals that it stands at a market value of £7.5billion in 2017 as against a figure of £8.9billion in 2014. On the front of employment generation, the sector currently reaps 45,000 jobs in the UK compared to 53,000 in 2014. The steep decline the oil and gas sector has caused disruptions in the industry but it continues

Offshore Wind Executive Summit Focuses on Opportunities for Oil and Gas Firms

A summit was planned last week for Offshore Wind Executive, where the end goal was to  focus on the  offshore wind business openings that offshore oil and gas chain firms could exploit, it was clear amid the meeting that the US offshore oil and gas firms have a great deal to instruct offshore wind. To begin with, as indicated by Randall Luthi, leader of the National Ocean Industries Association (NOIA),

Key Topics at Offshore Wind Executive Summit

The Offshore Wind Executive Summit was held recently in Houston, where representatives of top energy firms came together to discuss some of the key topics that are pressing on the oil and gas sector today. Members from US Wind, Avangrid/Iberdrola, DONG Energy, and Statoil, among others, got to the brass tacks regarding why they need to start off into offshore wind energy despite spending so many years in the oil

Forbes’ 2016 Hottest U.S. City, Cleveland Catapults with Offshore Wind

Cleveland, America’s hottest city yet? Besides leveraging its heritage of innovation, entrepreneurship, and industrialization to create future jobs, it has drawn the brightest and best of millennials. Lake Erie Energy Development Corp. (LEEDCo) has helped the city to become a national center for the wind resource industry by taking the lead. In 2019, Project Icebreaker has been anticipated to start construction 8-10 miles offshore of the Port of Cleveland with