(OED) Dutch marine geotechnical survey firm Fugro said Wednesday it had completed fieldwork on a geophysical, geotechnical and environmental site investigation contract for RWE Renewables’ Dogger Bank South (DBS) offshore wind farm and export cable routes. DBS is located in the UK North Sea, more than 110 km from the east coast of Yorkshire, England.... Continue Reading →
Baker Hughes Posts Quarterly Loss on Charges
(Reuters) Baker Hughes Co posted a quarterly loss on Wednesday, compared with a profit a year ago, hit by $230 million in restructuring and impairment charges relating to the oilfield services provider's latest reorganization. The company during the recent quarter said it would simplify its organizational structure into two business units from four, one focused... Continue Reading →
Petrobras on Petros Plan
Petróleo Brasileiro S.A. - Petrobras informs that today it has signed the Private Instrument of Confession of Debt that formalizes its commitment to pay the extraordinary employer contributions of the Deficit Equalization Plan - 2015 (PED 2015), implemented in 2017, with the Renegotiated and Non-Renegotiated Petros Pension Plans (PPSP-R and PPSP-NR). Payments of the extraordinary... Continue Reading →
Offshore Construction Starts on Japan’s First Floating Wind Farm
(OW) Offshore construction has started on the 16.8 MW Goto floating wind farm offshore Goto City, Nagasaki Prefecture, Japan, the Goto Floating Wind Farm LLC consortium said. The first of the eight SPAR-type floating foundations has been loaded onto the semi-submersible spud barge, Float Raiser, at Fukue Port and transported to the wind farm site offshore... Continue Reading →
Green hydrogen seen competing with LNG within a decade
(EV) The cost of clean hydrogen will fall to that of liquefied natural gas in a decade as global efforts to replace fossil fuels accelerate, according to Europe’s biggest operator of gas infrastructure. “Green hydrogen today is not economically competitive against alternative energy sources, which will not be the case in 10 years’ time,” Thomas... Continue Reading →
Australia Promises Billions for Renewable Projects to ‘Rewire’ Power Grid
(Reuters) Australia on Wednesday announced plans to build renewable energy zones, wind projects and underwater electricity interconnectors, as it looks to build its renewable power capabilities and bring more clean energy into its national grid. The announcements come ahead of the annual budget announcement next week by Prime Minister Anthony Albanese's centre-left Labor government, which... Continue Reading →
DOE Seeks Input on Mooring & Anchoring Systems for Floating Wind
(OED) The U.S. Department of Energy is seeking input on research needs related to floating offshore wind energy mooring and anchoring systems. For this, DOE's Wind Energy Technologies Office (WETO) has issued a Request for Information (RFI). Apart from input on research priorities, DOE is seeking information on state-of-the-art innovative technologies, state-of-the-practice common operations, and... Continue Reading →
Siemens Gamesa Signs Its Largest Offshore Wind Deal in Taiwan
Wind turbine maker Siemens Gamesa said Wednesday it had signed two agreements with the Hai Long Offshore Wind project owners at an energy industry event in Taiwan. The Hai Long consortium is a partnership between Canadian independent power producer Northland Power Inc. and Taiwan-based developer Yushan Energy Co., Ltd., jointly owned by Mitsui & Co.,... Continue Reading →
Siem Offshore Loses Another Vessel Case Against Petrobras
(OE) Norwegian offshore vessel owner Siem Offshore has lost a case against Petrobras in Brazil over a late vessel delivery and will have to pay around $8 million. Siem Offshore said Wednesday that its Brazilian subsidiary, Siem Offshore do Brasil, had been informed of the final unfavorable decision of a Brazilian court in a lawsuit... Continue Reading →
BlackRock tells UK ‘no’ to halting investment in coal, oil and gas
(Reuters) - BlackRock (BLK.N), the world's biggest asset manager, told a British parliamentary committee that it will not stop investing in coal, oil and gas, and that its role was not to "engineer a specific decarbonization outcome in the real economy." The response was part of tens of statements from companies to the Environmental Audit Committee,... Continue Reading →