In financial accounting, an asset is an economic resource. Anything tangible or intangible that can be owned or controlled to produce value and that is held to have positive economic value is considered an asset. Simply stated, assets represent value of ownership that can be converted into cash (although cash itself is also considered an asset).
The balance sheet of a firm records the monetary value of the assets owned by the firm. It is money and other valuables belonging to an individual or business. Two major asset classes are tangible assets and intangible assets. Tangible assets contain various subclasses, including current assets and fixed assets. Current assets include inventory, while fixed assets include such items as buildings and equipment.
offshore wind energy sector, Ørsted reports it closed on a previously announced acquisition of assets from Eversource Energy... market and as a demonstration of its long-term commitment, while Eversource Energy continues to pursue a strategy to sell assets as part of its strategic review of the offshore wind segment.
... (protects against risks, including epidemics); space (maintain access to outer space); polar (maintain access to polar regions); deep sea (ensure access to the seabed); and security of overseas interests (protect citizens and assets abroad, guarantee access to trade routes).
... and Maersk Drilling, while also divesting a significant amount of its jackup fleet; and Transocean has recently acquired a stranded asset at the yard, has diversified into exploration of seabed minerals, and has been publicly reported to have bid for another large rig operator.
In addition to the seabed, which is in early-stage development, an all-cash transaction also includes contracts and partnerships for operational assets in the Northeast... The lease area covers around 187,000 uncontracted acres of seabed for American offshore wind energy and ...
In addition to the seabed, which is in early-stage development, the agreement also includes contracts and partnerships for key operational assets in the Northeast... As part of this agreement, Ørsted will acquire contracts and leases for strategic port facilities and other assets.
Crown EstateScotland, the body that manages land and seabed once owned outright by British monarchs, could help buy large Highland estates and then sell them back to local communities ... Gougeon said the government had a responsibility to do more and to be ambitious, by encouraging state land owners to share their assets.
Environmental campaigners are taking the Scottish Government to court over its authorisation of fishing practices they insist are “trashing” the seabed ... “The seabed is a public asset, but tragically it is being degraded to the detriment of both the environment and the many inshore fishermen who depend on it.
Why? Because the Crown Estate owns Britain’s seabed, which stretches out to 12 nautical miles offshore. The sovereign’s public purse valued these assets at £4.3 billion in 2022 and they are expected to generate £900 million revenues this year.
The senior royals derive their income from vast areas of the United Kingdom, from rural lands to urban properties and even the offshore seabed. The senior royals own a lot, but have far from a free rein over all their assets ... Three bodies that hold the royal family’s assets and ...
If elected representatives have their work cut out for them to create the slightest social or political change through Parliament, spare a thought for activists ...Listen ... He recalled the Foreshore and Seabed hikoi, mobilisations over asset sales as well as protests related to the Treaty - occasions on which he has delivered a message to parliament ... —.
The project is one of a number of wind farm to be built in coastal locations with relatively shallow waters close to shore ... The vessel, which can also drive on land, provides access to generation assets affected by dynamic seabed conditions ... In addition, this could pave the way for broader applications in similar areas.”. .
They include a 1.5GW floating turbine project and an 840MW seabed-mounted wind farm.Northland has a global investment strategy, with assets across Europe, North America, Latin America and Asia... while 3GW of assets are expected to become operational between this year and 2027.
Under the Agreements for Lease, The Crown Estate receives an annual option fee from each project developer, until they are ready to enter into a lease for the seabed site ... The Crown Estate responds that the seabed is a valuable national asset and through Round 4, significant value has been secured for the benefit of the nation.