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lenergy Co Ltd, a Korean renewable energy development firm, has hired DNV as the owner's engineer for its 1.5 GW fixed-bottom Chujin offshore wind project. The Chujin offshore wind farm will be the largest commercial-scale offshore wind farm in South Korea, when completed in 2027. As the owner’s engineer, DNV will drive the pre-Front End... Continue Reading →
In 3Q22, Petrobras kept a solid operating performance, with average production of oil, NGL and natural gas reaching 2.64 MMboed, virtually in line with 2Q22. Results in 3Q22 fully contemplate the impacts of the production sharing contracts related to the Transfer of Rights Surplus Volumes of Atapu and Sepia - which became effective on May... Continue Reading →
(OE) Schlumberger, the world's largest oilfield services provider, is rebranding itself with a new name, color scheme and logo that underscores its ambitions for a lower-carbon future, the company said on Monday. The nearly 100-year-old firm, originally named after its founding family, has become a giant in oilfield services and equipment such as drilling and... Continue Reading →
(EV) Shell is harnessing talent from its offshore oil and gas division to progress two major Scottish floating wind farms. The supermajor’s UK business manager for offshore wind, Melissa Read says they are “transitioning across” a lot of upstream skill to propel the Marram and Campion projects. Both floating wind schemes were secured alongside partner ScottishPower Renewables, a subsidiary of... Continue Reading →
A new research project, launched this week today, aims to extend the use of offshore wind monopile foundations, to support larger turbines in deeper waters, global climate consultancy the Carbon Trust has informed. "Monopiles are the cheapest and most widespread offshore wind turbine foundation, however, they experience structural issues as their length and the weight... Continue Reading →
(Reuters) - Soaring natural gas prices have made hydrogen produced from fossil fuels increasingly uneconomic and spurred more than $70 billion of new investment in hydrogen from renewables since war broke out in Ukraine, a report said on Thursday. So-called green or clean hydrogen is made using electrolyzers powered by renewable energy to split water from oxygen,... Continue Reading →
(Forbes) Siemens Gamesa has started to install a new generation of more powerful machines for onshore wind energy in Brazil, in an important step to increase its competitiveness in a key market for the manufacturer and position itself for the development of the country's offshore wind market, according to a company executive. Brazil will be... Continue Reading →
(OW) Offshore construction has started on the 16.8 MW Goto floating wind farm offshore Goto City, Nagasaki Prefecture, Japan, the Goto Floating Wind Farm LLC consortium said. The first of the eight SPAR-type floating foundations has been loaded onto the semi-submersible spud barge, Float Raiser, at Fukue Port and transported to the wind farm site offshore... Continue Reading →
(EV) The cost of clean hydrogen will fall to that of liquefied natural gas in a decade as global efforts to replace fossil fuels accelerate, according to Europe’s biggest operator of gas infrastructure. “Green hydrogen today is not economically competitive against alternative energy sources, which will not be the case in 10 years’ time,” Thomas... Continue Reading →
(Reuters) Australia on Wednesday announced plans to build renewable energy zones, wind projects and underwater electricity interconnectors, as it looks to build its renewable power capabilities and bring more clean energy into its national grid. The announcements come ahead of the annual budget announcement next week by Prime Minister Anthony Albanese's centre-left Labor government, which... Continue Reading →
Brazil Energy Insight 