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U.S offshore wind developer Atlantic Shores Offshore Wind has selected wind turbine maker Vestas as the preferred supplier for its 1.5 GW offshore wind project in New Jersey, USA. Atlantic Shores is a 50:50 partnership between Shell New Energies and EDF Renewables. Vestas will provide its V236-15.0 MW offshore wind turbines, with installation expected in 2027. Once... Continue Reading →
(Reuters) - U.S. Treasury Secretary Janet Yellen on Thursday will announce a $950 million loan to the Clean Technology Fund (CTF), a multilateral trust fund that helps developing countries accelerate their transition from coal power to clean energy. The contribution, the first of its kind from the U.S. Treasury, makes good on a U.S. pledge... Continue Reading →
Installation of an innovative marine data collection buoy on one of the floating wind ‘macro-zones’ set to be tendered in the Mediterranean Sea off France is moving ahead following the award of final permits to technology developer Ocergy. The pilot unit, part of Ocergy’s ‘Blue Oracle’ (Buoy with Lidar and Underwater Equipment for Ocean Resource... Continue Reading →
(OE) Samsung Heavy Industries (SHI) has signed a "Strategic Collaboration Agreement" with Equinor, Norway's largest energy company, to strengthen its competitiveness in the offshore EPC business. According to SHI, the two companies have recognized that a longer-term and closer collaboration on the future project portfolio could be mutually beneficial for Equinor's future projects requiring "Asian... Continue Reading →
(U) Brazilian logistics player Prumo and local energy distribution company Neoenergia have signed a memorandum of understanding to develop studies for the production of green hydrogen and offshore wind generation in the Acu Port area of Rio de Janeiro state. The announcement involving Prumo — a partnership between EIG Global Energy Partners and Mubadala Investment... Continue Reading →
Heerema Marine Contractors has awarded Huisman a contract to deliver a Motion Compensated Pile Gripper. The Motion Compensation Pile Gripper will enable Heerema to install offshore wind monopiles up to 12.5 meters in diameter, with a length of up to 115 meters and a weight of 3,200 metric tons. The Gripper is designed specifically for... Continue Reading →
Finland-headquartered technology group Wärtsilä has inked what is described as “a pioneering agreement” for decarbonisation projects in the oil and gas segment in the Americas with Brazil’s shipping company Grupo CBO. This is the Finnish player’s first contract in the decarbonisation area for the oil and gas sector in Latin America, and the second one in the Americas. CBO... Continue Reading →
(Reuters) - Petrobras is set to present its new strategic plan for the coming years in November, an executive for Brazil's state-run company said on Wednesday, hinting it should be "consistent" with the current focus on offshore oil formation known as pre-salt. During an oil and gas event in Rio de Janeiro, Petrobras' executive director... Continue Reading →
Taiya Renewable Energy on Tuesday announced a joint development of a floating offshore wind pipeline including a 50 MW floating wind pilot-project and commercial-scale projects offshore Taiwan with floating wind specialist BW Ideol. "This cooperation is the first project of a Taiwanese developer to announce its entry into floating pilot wind projects. It is also... Continue Reading →
Aquaterra Energy and Seawind Ocean Technology have signed an agreement for the development of what the companies say will be the world’s largest floating offshore wind and green hydrogen production project in Italy. The project, named HyMed, is currently in its first phase of permitting, with the grid connection and the environmental impact assessments well... Continue Reading →
Brazil Energy Insight 