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The Crown Estate and Crown Estate Scotland have started the first round of formal engagement with developers on Carbon Capture Utilisation and Storage (CCUS). The two organizations, one responsible for the seabed around England, Wales, and Northern Ireland, the other for areas off Scotland, have issued a joint survey to industry stakeholders to explore and... Continue Reading →
Philip Lewis, Contributor (OE) As we move into March, we note both positive and negative trends developing in the U.S. offshore wind segment. As an indication of the long-term sustainability of the offshore wind industry in the United States, federal agencies are finalizing the auction by the middle of this year of three Gulf of Mexico... Continue Reading →
(Reuters) - BP hasn't fallen out of love with renewables. It just wants to have more power. CEO Bernard Looney's pursuit of green energy outstripped all rivals three years ago when he outlined a radical blueprint to move away from fossil fuels. Last month he applied the brakes, slowing BP's planned cuts in oil and... Continue Reading →
(OE) Barcelona-based floating wind technology firm X1 Wind said Tuesday that its X30 floating wind prototype, installed in the Canary Islands, Spain, has produced its first kWh. The company said the milestone marked the world’s only floating wind platform currently installed with a TLP mooring system. This is also Spain’s first floating wind prototype to... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras informs that it has signed with Equinor a letter of intent, expanding on the cooperation between the companies, so that they can assess the technical, economic and environmental feasibility of seven offshore wind power generation projects off the Brazilian coast. These will have the potential to generate up to 14.5... Continue Reading →
Subsea7, Siem Offshore, and Kongsberg Maritime have signed a Memorandum of Understanding to jointly look at optimisation of marine operations for floating wind projects. The main objective of the study is to identify gaps in capabilities of existing marine operation methodologies and equipment, to enable robust and efficient execution of large-scale floating wind developments planned... Continue Reading →
Italian shipbuilder Fincantieri, through its subsidiary Vard, has signed a contract with offshore wind vessel operator Edda Wind, for the construction of four Commissioning Service Operation Vessels (CSOV). The first two vessels are expected to be delivered in Q1 2025, the third in Q2 2025, and the fourth in Q1 2026. The contract has a... Continue Reading →
(OE) Energy and telecom cable firm Prysmian Group has secured contracts worth approximately €1.8 billion (currently around $1.9 billion) in total with the Dutch transmission system operator TenneT for the two grid connection projects IJmuiden Ver Alpha and Nederwiek 1 to link two future offshore wind farms located in the Dutch North Sea to the... Continue Reading →
(Reuters) The chief executive of Brazilian state-run oil company Petrobras said on Thursday the company must prepare for an "unavoidable" energy transition and wants to play a leading role in it. Jean Paul Prates highlighted in a conference call with analysts that Petroleo Brasileiro SA's deepwater operations put the company in a good position for wind... Continue Reading →
Flotation Energy and Vårgrønn, who recently filed a Marine Licence application for their 500 MW Green Volt floating wind farm in Scotland, have now submitted a Scoping Report for the 1.4 GW Cenos floating offshore wind farm to Marine Scotland. The developers have submitted leasing applications for both Cenos and Green Volt as part of... Continue Reading →
