Norway's Aker Offshore Wind and Swedish firm Hexicon have signed an agreement to jointly explore and realize floating wind opportunities offshore Sweden, that could generate "several gigawatts" of renewable power.

Norway will press ahead with North Sea wind power this year, awarding its first development licenses as it spurs the transition of its oil and gas industry and despite its already plentiful renewables supply.

RWE has committed to building its biggest ever wind farm off the UK coast after making a final investment decision on a £3bn 1.4gW offshore wind farm called Sofia.

Floatel International, a company providing offshore accommodation rigs for the oil and gas industry, said Wednesday it had successfully completed its comprehensive balance sheet restructuring.

The UK government said it has reached an agreement with the country’s oil and gas industry that will help safeguard jobs as the nation strives to achieve net-zero emissions of greenhouse gases.

The UK on Wednesday announced a landmark deal aimed at supporting the oil and gas industry’s transition to clean, green energy. It also said it would introduce the "Climate Compatibility Checkpoint" before future licensing rounds.

NHV Group, a leading provider of B2B helicopter services, today announced a new contract with PSE Kinsale Energy Ltd in support of its decommissioning operations in the Celtic Sea.

Norwegian energy company Equinor said Tuesday its Hywind Scotland floating offshore wind farm in the UK has, for the third consecutive year, reached the highest average capacity factor for any wind farm in the UK.

Offshore and subsea services company James Fisher on Monday launched a renewables business James Fisher Renewables, which sees consolidation of the group’s capabilities into what James Fisher said was "a comprehensive solutions provider."

TechnipFMC has entered into an agreement with Magnora ASA to jointly pursue floating offshore wind project development opportunities under the name Magnora Offshore Wind.