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(OE) Danish renewable energy firm Copenhagen Energy has received support from the Western Australia Government as it progresses plans for its Leeuwin Offshore Wind Farm project.The project has been awarded Lead Agency status by the Department of Jobs, Tourism, Science and Innovation. The Lead Agency Framework is reserved for significant projects with the capacity to... Continue Reading →
As the spending on clean energy seems to be growing by leaps and bounds while investments in fossil fuels are not keeping up with this pace, the International Energy Agency (IEA) believes that this pivot to green and low-carbon sources is paving the way for peak oil demand to come into view. Is black gold... Continue Reading →
The Offshore Renewable Energy (ORE) Catapult has joined forces with leading offshore wind developers and seabed mobility experts to provide clear guidance on seabed change and how it affects offshore wind and marine energy projects. ORE Catapult is leading a consortium of offshore renewables giants – SSE, ESB, Scottish Power Renewables, and RWE – with... Continue Reading →
German renewable energy company RWE said Wednesday that 40 of the 72 offshore wind turbines at what will be Denmark's largest offshore wind farm Thor will be equipped with recyclable rotor blades. The 40 SG 14-236 DD wind turbines will be equipped with recyclable rotor blades manufactured by Siemens Gamesa. Installation at sea is expected... Continue Reading →
(OET) UK-headquartered energy giant Shell has decided to step up its decarbonization efforts by boosting its low-carbon energy solutions business with investments of $10-15 billion over the next two years. This is part of the oil major’s transformation strategy to help usher in a balanced energy transition. Shell is actively working on curbing emissions not... Continue Reading →
(Reuters) Equinor plans to expand its oil production in Brazil more than fivefold over the next decade, while also eyeing green energy projects, especially in offshore wind power, an executive for the Norwegian energy giant said on Tuesday. The company aims to boost output to more than 500,000 barrels of oil equivalent per day (boed)... Continue Reading →
Norwegian energy firm Equinor has selected the engineering firm DORIS to provide Owner’s Engineering services under a Master Services Framework Agreement for offshore wind and low-carbon projects. Across the five-year agreement, DORIS will provide its expertise in these energy industries to Equinor across its project portfolio. DORIS will deliver services to Equinor across three central... Continue Reading →
The UK’s pipeline of offshore wind projects has reached 97,944 MW, up from 91,287MW a year ago, while the global pipeline topped 1.23TW, an increase of nearly 400GW in the last year. This is according to RenewableUK’s latest EnergyPulse market intelligence data report. The pipeline includes projects at every stage of development: operational, under construction,... Continue Reading →
(OP) For nearly two decades, South America’s largest economy Brazil has been reaping a tremendous economic windfall from a massive oil boom that kicked off with the first offshore ultra deep-water pre-salt discovery in 2006. The boom nearly collapsed as corruption, mismanagement and malfeasance saw national oil company Petrobras laden with so much debt it was almost... Continue Reading →
(OE) In a Westwood survey on offshore wind cost inflation, nearly three-quarters of industry players indicated that they had started reviewing the viability of their projects in light of recent cost increases, with over 90% indicating that decision-making had slowed as a result. The survey and market analysis by Westwood explores the impact of inflation... Continue Reading →
Brazil Energy Insight 