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The global offshore wind supply chain will require US$ 27 billion of secured investment by 2026 if it is to meet a fivefold growth in annual installations (excluding China) by 2030, according to energy intelligence group Wood Mackenzie. This figure is based on Wood Mackenzie’s base case outlook which forecasts annual capacity additions to hit... Continue Reading →
(OW) The US Bureau of Ocean Energy Management (BOEM) has identified two draft Wind Energy Areas (WEAs) offshore southern Oregon with which the federal agency plans to move forward and offer them in a lease sale, expected to take place in the first quarter of 2024. Avangrid, Ocean Winds, BlueFloat Energy, and Mainstream Renewable Power, as well... Continue Reading →
Baker Hughes and Marine Power Systems (MPS) have set up a partnership to work together on delivering integrated solutions for the electrification of oil & gas facilities and their supporting subsea systems. According to the partners, meeting global net-zero targets requires a dual strategy where efficiency improvements are implemented today while also investing in new... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras informs that it put into production, this Wednesday, 08/16/2023, the Anita Garibaldi platform ship in the Campos Basin. Of the FPSO type (floating system that produces, stores and transfers oil), the unit will operate simultaneously in the post-salt and pre-salt of the Marlim and Voador fields. With a capacity to... Continue Reading →
(epbr) As of July 14, IBAMA had applications for licensing for 78 offshore wind projects, adding up to 189 GW of capacity with the installation of around 13,000 turbines on the Brazilian coast – this is almost the total power of energy installed in the entire country (194 GW). To get the projects off the... Continue Reading →
(Reuters) BP has invested in a start-up company developing technology seeking to use vapour from heavy industry to sharply reduce the production costs of zero-carbon hydrogen. BP Ventures, the British energy giant's venture capital arm, was among several investors in a $12.5 million Series A financing in U.S.-based Advanced Ionics, the companies said on Tuesday.... Continue Reading →
Salamander, a floating offshore wind joint venture between Ørsted, Simply Blue Group, and Subsea7, looking to develop a 100 MW floating wind farm in Scotland, has appointed Hugh Yendole as development director. Yendole has more than 25 years of experience in the wind industry, and has played a crucial role in delivering and managing multiple ground-breaking offshore and... Continue Reading →
Hexicon, a floating wind power technology developer, has appointed Max Ek as its interim Chief Financial Officer (CFO), succeeding Anders Rössel whose departure was announced in July. Ek has during the past 2 years worked at Hexicon as Head of Business Controlling & Analysis and is very familiar with the company which gives a short... Continue Reading →
All 13 monopile foundations have been installed at the South Fork Wind Farm site offshore New York, the state’s first offshore wind farm. Boskalis’s offshore installation vessel Bokalift 2 was responsible for the transporting and installation of the foundations, as well as the one for the substation, the first American-built offshore wind substation. More than 350 workers across... Continue Reading →
(PN) Petrobras conducted performance tests of an innovative model of offshore wind technology, a pioneer in Brazil, in collaboration with the Polytechnic School of USP. The tests aimed to evaluate the functioning of a small-scale floating wind system, composed of a wind turbine mounted on a four-column semi-submersible structure. This configuration was positioned in the... Continue Reading →
Brazil Energy Insight 