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Helix Energy Solutions' robotics division Helix Robotics Solutions said Monday it had won a trenching services contract with "a leading renewables cable installation contractor." The contract is for the trenching of inter-array and export cables as part of a 640MW wind farm offshore Taiwan. Under the contract, Helix plans to mobilize its newly acquired T1400-1... Continue Reading →
While the global energy crisis marked 2022, efforts to propel the energy transition forward in a bid to usher in a sustainable energy future continued gaining momentum. As a result, last year was also a bumper year for carbon capture, utilization, and storage (CCUS), according to the International Energy Agency (IEA), as more than 140 new... Continue Reading →
(Reuters) - Tokyo Electric Power Company Holdings (TEPCO) (9501.T) said on Monday that it had won the rights to develop up to 1.9 gigawatts (GW) of floating offshore wind capacity across two projects in Scotland together with Norway-based company Vargronn. Many once-conventional energy and power companies around the globe are switching their attention to renewable energy, such... Continue Reading →
(Reuters) - Japan's top utility JERA has agreed to buy Parkwind, Belgium's largest offshore wind platform, for 1.55 billion euros ($1.7 billion), as it expands in renewable power to meet decarbonisation goals. JERA, a joint venture between Tokyo Electric Power Company Holdings (9501.T) and Chubu Electric Power Co Inc (9502.T), will add Parkwind's four offshore wind farms in... Continue Reading →
(OED) Floating offshore wind developer BlueFloat Energy said Thursday that its 1GW ‘Winds of September’ floating wind project had taken a step further by deploying a floating LiDAR in the waters off Hsinchu, Taiwan. The project was named after the strong winds blowing in the Hsinchu region every September, and is BlueFloat Energy’s first project... Continue Reading →
DNV said Thursday it was assisting Korea Electric Power Corporation (KEPCO) Research Institute in the development of a long-term offshore power grid plan to deliver renewable offshore wind power to South Korea. The project is scheduled for completion by mid-2025. As technical advisor, DNV will develop a conceptual design and routing plan to enable the... Continue Reading →
(OM) More countries plan to stage their first offshore wind lease rounds in 2023, according to the latest Global Market Overview from TGS subsidiary 4C Offshore. At the same time, project development and FIDs will slow offshore wind expansion in the short term. The report cites slow permitting, delays in offtake auctions, supply chain issues... Continue Reading →
(OE) Offshore wind organizations Norwegian Offshore Wind in Norway and JWPA in Japan signed an MOU in Tokyo to get business going between the two countries' offshore wind companies. "Both the Norwegian supply chain and developers are interested in the emerging Japanese market. Especially within floating projects, the potential for contracts is large," Norwegian Offshore... Continue Reading →
(Reuters) Malaysia's state oil firm Petroliam Nasional Berhad on Monday posted a 55% jump in quarterly profit on higher energy prices and bigger sales volume, but warned of moderating prices for this year due to an expected slowdown in the global economy. Petronas, as the company is known, reported a profit of 24.4 billion ringgit... Continue Reading →
Norwegian offshore vessel owner Siem Offshore has secured a medium-term contract for the AHTS Siem Topaz for client Helix Robotics Solutions Inc. in Taiwan. The contract will start during March 2023. The contract has a firm period reaching into the fourth quarter of 2023. Siem Offshore said the vessel would be employed for a project... Continue Reading →
