The Charybdis, America’s first domestically-built wind turbine installation vessel, has commenced sea trials in Brownsville, Texas, marking a significant milestone for the U.S. offshore wind industry. The vessel, now 96%…
Dominion Energy
$2.6BN deal sees Stonepeak take 50% stake in CVOW
Dominion Energy Inc. (NYSE: D), reports that it has closed on a transaction to sell a 50% non-controlling interest in the Coastal Virginia Offshore Wind (CVOW) project to New York City headquartered alternate investment firm Stonepeak.
At closing, Dominion Energy received proceeds of $2.6 billion, representing reimbursement of approximately 50% of project-to-date capital investment. Stonepeak will fund 50% of remaining project costs as they are incurred, subject to certain conditions.
Dominion...
https://www.marinelog.com/offshore/offshore-wind/2-6bn-deal-sees-stonepeak-take-50-stake-in-cvow/
Equinor and Dominion the winners in $92.65 million Central Atlantic offshore wind lease sale
Two established U.S. offshore wind players, Equinor and Dominion Energy, were the winners in today’s Central Atlantic offshore wind lease sale.
The sale, details of which were announced in June, was the fifth held during the Biden administration. It attracted $92.65 million in winning bids for two lease areas offshore the states of Delaware, Maryland and Virginia. The sale – the first in the region in a decade – resulted in two provisional winners and $92.65 million in winning bids.
Equinor Wind...
First US-Built Offshore Wind Turbine Installation Vessel Launched in Texas
Virginia-based energy company Dominion Energy has announced the launch of the first U.S.-built and Jones Act-compliant offshore wind turbine installation vessel, the Charybdis. A 472-foot vessel is being built at the…
https://gcaptain.com/first-us-built-offshore-wind-turbine-installation-vessel-launched-in-texas/
Seatrium AmFELS launches first U.S.-built WTIV
Virginia power utility Dominion Energy reports that its Coastal Virginia Offshore Wind (CVOW) project has marked two milestones. In the first of these, its Jones Act compliant wind turbine installation vessel (WTIV) Charybdis is now in the water at the Seatrium AmFELS shipyard, in Brownsville, Texas. In the second, CVOW has received a final construction air permit from the Environmental Protection Agency. This is the 11th and final federal permit required to begin offshore construction and...
https://www.marinelog.com/offshore/offshore-wind/seatrium-amfels-launches-first-u-s-built-wtiv/
Coastal Virginia Offshore Wind gains two key federal approvals
Richmond, Va., headquartered Dominion Energy says it has received the last two major federal approvals needed to begin construction of its 2.6-gigawatt Coastal Virginia Offshore Wind (CVOW) project, keeping the largest offshore wind farm in the United States on schedule to generate enough clean, renewable energy to power up to 660,000 homes once fully constructed in late 2026.
The Bureau of Ocean Energy Management (BOEM) has provided its final approval of CVOW’s Construction and Operations Plan...
COLUMN | 2024 by the numbers: Cableships; methanol; the Nigerian Navy; BP and Equinor’s wind woes; Noble in Suriname and Colombia [Offshore Accounts]
We’ve passed Twelfth Night, so let’s look at some key numbers for the year ahead. This week’s lucky lottery numbers are 4, 10, 29, 177, and 470,000. Who is feeling lucky? Four newbuilds for wind: #1 Toyo Nature abhors a vacuum, and as Global Marine Systems, for two decades the former cablelay market leader, sinks […]
The post COLUMN | 2024 by the numbers: Cableships; methanol; the Nigerian Navy; BP and Equinor’s wind woes; Noble in Suriname and Colombia [Offshore Accounts] appeared first on Baird...
Biden Administration Gives Green Light to Largest US Offshore Wind Farm
The Biden Administration has given its approval for Dominion Energy’s Coastal Virginia Offshore Wind (CVOW) project, marking the U.S. largest offshore wind project to receive federal approval to date. CVOW…
https://gcaptain.com/biden-administration-approves-largest-offshore-wind-farm/
Dominion Energy Sets Ambitions on Second Massive Offshore Wind Farm Off Virginia
(Bloomberg) — Dominion Energy Inc., which is developing one of the largest US offshore wind farms, is already making plans for another similar-sized project off Virginia’s coastline. “Assuming that our…
Biden Administration Completes Environmental Review of Dominion Energy’s Virginia Offshore Wind Farm
The Bureau of Ocean Energy Management (BOEM) has completed its environmental review of Dominion Energy’s proposed Coastal Virginia Offshore Wind (CVOW) project. The 2.6-gigawatt (GW) project is the largest offshore wind…