Spanish utility and Naturgy and Norway's Equinor are targeting a 200MW floating offshore wind project in the Canary Islands. Following an agreement to work together, made earlier this year, the firm's are targeting the Floating Offshore Wind Canarias (FOWCA) project in the maritime area of eastern Gran Canaria.The FOWCA project, which would be connected to the... Continue Reading →
New Floating Wind Joint Venture Launched on Iberian Peninsula
The Ireland-based floating wind developer Simply Blue Group and Spanish companies Proes Consultores and FF New Energy Ventures have formed a joint venture named IberBlue Wind with plans to develop 2 GW of floating offshore wind capacity in Spain and Portugal. According to the new project development company, IberBlue Wind has the capacity to take... Continue Reading →
World’s largest offshore wind farm first to use low-carbon copper for HVDC cables
NKT is set to produce the HVDC power cables for the Dogger Bank C offshore wind project using low-carbon copper, representing the world’s first. The initiative is expected to reduce the carbon footprint of the cables by more than 35 per cent. The low-carbon copper cathodes are sourced from the Boliden Aitik mine in Northern... Continue Reading →
Damen Working on New Vessel Class to Support Growing Floating Wind Industry
Dutch firm Damen Shipyards said Tuesday it was working to develop a new class of vessel that will be capable of supporting the growing floating wind industry. Damen has cited forecasts which indicate that by 2050 over 200GW or around 13,500 units of new floating offshore wind turbines will be in operation, and these turbines... Continue Reading →
Equinor Releases “Energy Perpectives 2022”
Energy Perspectives 2022: Long-term development in the world’s energy markets and how politics, technologies, companies, and consumers can influence it, is an overarching theme of the energy transition. (OE) With inflation raging, geopolitical disruption and resultant energy security concerts, and continued logistics woes, the table is set for Equinor to deliver its insights on energy courtesy... Continue Reading →
H₂ Hype or Practical Reality?
Elaine Maslin, Contributor In the last few years, there’s been a proliferation of projects targeting the production of hydrogen. Its seen as one of the levers towards net zero and, more recently, a way to help underpin energy security, especially in Europe. Many think producing the stuff offshore is a big opportunity. (OE) Many are keen... Continue Reading →
Energy players in Brazil enter joint R&D project to leverage digital ways in transition to net-zero
Offshore energy companies in Brazil have come together for a joint industry research and technology development project focused on addressing technologies to reduce carbon emissions. The project named i-Concept JIP Phase 2 focuses on the development of applied computational modules to generate and rank offshore conceptual systems, addressing technologies to reduce carbon emissions and creating... Continue Reading →
U.S. sets target for floating offshore wind farms expansion
(Reuters) - The Biden administration on Thursday unveiled a plan to accelerate development of next-generation floating offshore wind farms by slashing the cost of the technology by 70% and setting a goal for it to power 5 million U.S. homes by 2035. The announcement was the latest in the White House's push to bolster the... Continue Reading →
Shell picks renewables boss as CEO to lead green transition
(Reuters) - Shell (SHEL.L) has turned to the head of its gas and renewables business to drive its transition to a greener future, picking Wael Sawan to replace Ben van Beurden as chief executive. Sawan's appointment comes at a pivotal time for the oil giant, which is aiming to reduce emissions to net zero by 2050 and... Continue Reading →
Equinor to drill well in Bacalhau and starts importing gas to the Peregrino operations
(PN) The company's president in the country, Veronica Coelho, announced the forecast to start drilling a well in Bacalhau, in the Santos Basin. According to the executive, the activity should start between the end of September and the beginning of October. Veronica also said that there is an estimate of using a second rig in... Continue Reading →