Germany-based renewable energy company RWE Renewables has appointed Katie Theoharides as Head of Offshore Development (East) in its offshore wind team in the U.S. Theoharides comes to RWE from her position as Secretary of Energy and Environmental Affairs for the Commonwealth of Massachusetts "A cabinet secretary to Governor Charlie Baker, she was responsible for more... Continue Reading →
BP goes all-in with plans to invest over $22 billion in UK energy
Oil and gas major BP intends to invest up to £18 billion (about $22.5 billion) in the UK’s energy system by the end of 2030 in a push to help the country deliver on its bold ambitions to boost energy security and reach net zero. One of the largest oil and gas producers in the... Continue Reading →
BP to keep betting on lower carbon, more economical offshore oil output
(Reuters) - British oil major BP (BP.L) will continue betting on "lower carbon, more economical" offshore oil and gas exploration and production, a company executive said on Monday, warning that lack of investment could lead to global oil scarcity. Offshore operations allow better control of emissions, especially in the U.S. Gulf of Mexico, said Starlee Sykes, BP's... Continue Reading →
Petrobras starts production from FPSO Guanabara in the Mero field
Petróleo Brasileiro S.A. – Petrobras informs that, on April 30, 2022, it started producing oil and natural gas through FPSO Guanabara, the first definitive production system installed in the Mero field, in the Santos Basin pre-salt. The platform, an FPSO (floating unit for the production, storage, and transfer of oil and gas) type, is capable... Continue Reading →
In Offshore Energy, the Winds of Robotic Change are Blowing
Whether we realize it or not, robotics and robotics systems are starting to impact our daily lives. From warehouse picking systems through to high-end medical devices through to your mowbot lawnmower. Each tends to be specialized to its own task and a similar trend is now starting to play out in the offshore wind space,... Continue Reading →
High Oil Prices Take Pressure Off Repsol’s Search for Renewables Partner
(Reuters) Spanish energy group Repsol is taking a "softer" approach to its search for a partner for its newly created renewables unit as oil and gas prices are helping the company generate cash, its chief executive said on Thursday. Along with major European energy companies like BP and TotalEnergies, Repsol has been investing in low-carbon... Continue Reading →
SSE, Brookfield to Jointly Bid in Dutch 1.4GW Offshore Wind Tender
(Reuters) British utility SSE and green power firm Brookfield Renewable will work together in preparing bids for the Dutch 1.4 gigawatt (GW) Hollandse Kust (west) offshore wind farm zone tenders, they said on Wednesday. The 50/50 strategic partnership seeks to combine SSE Renewables' expertise in developing, constructing and operating offshore wind farms with Brookfield's experience... Continue Reading →
The last barrel: Offshore activity to rebound
Craig Fleming (WO) With the havoc created by the war in Ukraine and the hard push to convert to renewables, operators are once again focusing on the high ROI that offshore prospects offer. There is an onslaught of good news and positive indicators that suggest operators are poised to significantly increase offshore development in 2022. ... Continue Reading →
Japan: Construction of 16.8MW Goto Floating Wind Farm to Start in September
Construction of the 16.8 megawatt Goto floating wind farm in Japan is expected to start in September 2022, with the commercial operations scheduler to begin in January 2024. A a sole bidder, the Japanese Goto Floating Wind Farm consortium, in June 2021, won a bid to build the floating wind farm in an area offshore Goto City, Nagasaki... Continue Reading →
Wison Offshore & Marine’s Floating WInd Foundation Gets DNV Approval
DNV has presented Wison Offshore & Marine (WOM) with a Verification Letter for its "w.semi" floating wind foundation. The Verification Letter demonstrates the technical feasibility and commercial readiness of the technology. Wison Offshore & Marine's "w.semi" is a new concept that the company has been developing as a floating wind foundation/platform. , It is said to be... Continue Reading →