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(OE) The first 11 MW Siemens Gamesa offshore wind turbine, out of total 65 planned, has been installed at Ørsted’s 704 MW Revolution Wind offshore wind farm in the United States. Once in operation, Revolution Wind will have the capacity to generate 400 MW of clean power for Rhode Island and 304 MW for Connecticut,... Continue Reading →
(TN) Enel Trading, the Enel Group's trading company, has facilitated the acquisition of carbon credits from Enel Green Power plants by CBO Group (Companhia Brasileira de Offshore), a company in the maritime support segment. The company signed a contract to offset emissions from its vessels, via carbon credits, and from three administrative units, via I-RECs... Continue Reading →
(OE) TotalEnergies has launched a pilot project consisting of a floating wind turbine to supply renewable power to the Culzean offshore platform in the UK North Sea. Culzean is a high-pressure, high-temperature gas condensate field located in Block 22/25a in the East Central Graben area. The 3MW floating wind turbine will be located 2km west... Continue Reading →
(offshore-energy.biz) Given the rising expectations about oil and gas, especially liquified natural gas (LNG), being in demand even after 2050, entwining innovation and technology arms is increasingly being recognized as the right recipe to not only unleash untapped low-carbon barrels but also unlock the gates of green power. Japan’s MODEC and the UK-based Altera Infrastructure... Continue Reading →
(Reuters) - Norwegian energy company Equinor has cancelled its offshore-wind projects in Spain and Portugal, in addition to its previously announced exit from Vietnam, and could withdraw from more countries to rein in spending, an executive told Reuters on Wednesday. "We have been actively pursuing early-phase opportunities in a series of markets around the world, in different... Continue Reading →
(OE) SLB has launched a well integrity assessment solution that helps carbon storage developers quantify the risks associated with wells at prospective storage sites with previous drilling activity. Establishing secure storage sites is essential to enabling growth of CCUS and creating a low carbon energy ecosystem, says SLB. Many prospective carbon storage sites are located... Continue Reading →
(OE) Norwegian seismic company TGS announced it has entered into a partnership with Brazilian state-owned energy company Petrobras to collaborate on scientific research and technological development activities in Brazil. Under the memorandum of understanding (MOU), the partners will seek to drive innovation in the energy sector through collaborative efforts to develop new technologies and conduct... Continue Reading →
(OE) Carbon Capture Utilisation and Storage (CCUS) is a crucial element in global decarbonization, but current economics limit CO2 utilisation deployment, according to a recent report from Wood Mackenzie. In Wood Mackenzie’s 2050 net zero scenario, more than 7 Btpa of CCUS capacity is needed. Currently, 500 Mtpa of planned carbon capture capacity has been... Continue Reading →
(offshore-energy.biz) Dubai-headquartered engineering and services company Kent is developing a comprehensive report aiming to offer guidance for determining the cost of decarbonization, including its societal aspect, in the upstream oil and gas industries on behalf of the London-based Energy Institute. While the guideline document will focus on the UK North Sea, it will be written... Continue Reading →
(OE) British startup DRIFT Energy has closed a seed funding round for making green energy at sea using hi-tech sailing vessels. Led by Octopus Ventures, one of the largest and most active venture capital investors in the UK and Europe, and with support from Blue Action Accelerator, the company has secured £4.65 million ($6 million),... Continue Reading →
Brazil Energy Insight 