The contract is valued within the substantial range of USD 150 million to USD 300 million, according to Subsea 7.

The cable-laying process will start with array cable lines five and six and is expected to continue until early October.

As part of this collaboration, Octopus Energy will become a co-owner of Deep Wind Offshore alongside existing industrial owners Knutsen OAS, Haugaland Kraft, and Sunnhordland Kraftlag.

This contract encompasses BP's global operations and seeks to leverage Doris' experience in established and growing offshore wind markets to support BP's goal of achieving 50 GW of net renewable generating capacity worldwide by 2030.

The contracts awarded by a joint venture between PGE Polska Grupa Energetyczna and Ørsted have a combined value exceeding 300 million euros, qualifying them as "large" according to Boskalis.

This system is designed to ensure precise levelling and fixation of the transition pieces on the monopile foundation, optimizing the performance of the wind turbines.

This innovation could lead to fuel and emissions savings of up to 30%.

Both companies will become equal minority shareholders (around 41% each) in WindWorks Jelsa.

The head of Port of Aberdeen, Bob Sanguinetti, has expressed support for a "multi-harbour solution" to facilitate the deployment of floating offshore wind projects in the UK.

The Arven project encompasses two separate sites: a 1.8 GW site located east of the Shetland Islands, and an additional 500 MW site awarded to Ocean Winds in the same vicinity.