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(OM) Three companies have commented on their awards under last week’s auctions for wind farm lease areas offshore New York and New Jersey. TotalEnergies was awarded maritime lease area OCS-A 0538 by the Bureau of Ocean Energy Management (BOEM) in the New York Bight auction, having bid $795 million. The 132-sq mi (341-sq km) lease... Continue Reading →
(Reuters) Germany aims to speed up wind and solar energy projects, a document seen by Reuters showed on Monday, as the war in Ukraine underscores the need to reduce reliance on Russian gas. Cutting back on Russian gas has been tricky for Europe's largest economy as it is already set to exit nuclear power this... Continue Reading →
(OE) French oil major TotalEnergies has won a bid to build three gigawatts (GW) of offshore wind power capacity on the New Jersey coast in the United States. The company said the $795 million deal is for the 341 sq km New York Bight concession, which is located up to 87 km from the coasts... Continue Reading →
The Department of the Interior today announced the results of the nation’s highest-grossing competitive offshore energy lease sale in history, including oil and gas lease sales, with the New York Bight offshore wind sale. These results are a major milestone towards achieving the Biden-Harris administration’s goal of reaching 30 gigawatts of offshore wind energy by... Continue Reading →
Solstad Offshore has reported a revenue of NOK 5.4 billion for the financial year 2021, an 8% increase compared to NOK 5 billion in 2020. Looking ahead, the Norwegian company revealed it fears that the current situation in Ukraine could impact its operations. The Norwegian company announced a full-year adjusted EBITDA increase of 20% to... Continue Reading →
The Biden's administration's sale of offshore wind development rights off the coasts of New York and New Jersey surged past all expectations on Thursday to reach more than $3.3 billion, with bidding still not complete. The auction, which began on Wednesday and is due to resume on Friday morning, is the first offshore wind lease... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras informs that it released today the new edition of its Climate Change Supplement. The document details information regarding Petrobras' emissions performance in 2021, in addition to the progress made in indicators related to sustainability commitments. It shows how climate change is reflected in the company's strategies and decarbonization initiatives to... Continue Reading →
The largest-ever U.S. sale of offshore wind development rights - for areas off the coasts of New York and New Jersey - attracted a record $1.5 billion in bids on Wednesday, supporting President Joe Biden's plan to create a new domestic industry. The auction, which will continue on Thursday, is the first offshore wind lease... Continue Reading →
(Reuters) - The United States will hold its biggest ever sale of offshore wind development rights on Wednesday, in an area covering nearly half a million acres off the coasts of New York and New Jersey. It will be the first offshore wind lease sale under the administration of President Joe Biden, who has made... Continue Reading →
(Portos e Navios) The development of offshore wind projects in Brazilian jurisdictional waters has a way to go, but it has good indicators in different business areas. Sector agents consulted by Portos e Navios believe that the reduction of bureaucracy in the process and gains in scale will contribute to making projects viable, attracting new... Continue Reading →
