Brandon Ennis, Sandia National Laboratories' offshore wind technical lead, had a radically new idea for offshore wind turbines: instead of a tall, unwieldy tower with blades at the top, he imagined a towerless turbine with blades pulled taut like a bow. This design would allow the massive generator that creates electricity from spinning blades to... Continue Reading →
Next US Energy Boom Could Be Wind Power in the Gulf of Mexico
With passage of the Inflation Reduction Act, which contains US$370 billion for climate and energy programs, policy experts are forecasting a big expansion in clean electricity generation. One source that’s poised for growth is offshore wind power. Today the U.S. has just two operating offshore wind farms, off of Rhode Island and North Carolina, with a combined generating... Continue Reading →
Marlim Sul new pre-salt well comes into operation
In early August, Petrobras put well MLS-233 into operation in the pre-salt layer of the Campos Basin. Preliminary analyzes indicate that the new well, connected to the P-40, at Ativo Marlim Sul, has a production potential of 15,000 barrels of oil per day, exceeding the company's initial estimates. The MLS-233 symbolizes the beginning of pre-salt... Continue Reading →
Bombora Wraps Up Tank Testing of Floating Hybrid Energy Platform
Wave energy converter developer Bombora Wave Power (Bombora) has completed tank testing of a floating foundation system suitable for the InSPIRE solution, where Bombora's mWave technology is combined with a wind turbine onto a single floating offshore platform. An adapted version of the semi-submersible INSPIRE platform, developed in partnership with TechnipFMC, underwent tank testing evaluations... Continue Reading →
Skanska to Build Offshore Wind Staging Port in Portsmouth, Virginia, USA
Sweden-based Skanska, one of the country's largest construction firms, has signed a contract with the Virginia Port Authority to rebuild 72 acres of the Portsmouth Marine Terminal in Portsmouth, Virginia, USA. The project will redevelop approximately 72 acres of the 287-acre Portsmouth Marine Terminal for use as an offshore wind staging port which will improve... Continue Reading →
Oceanographers Call for Study on Impact of Floating Wind on Shelf Seas Mixing and Marine Life
(OE) While floating wind farms are seen as the next big thing in the renewable energy industry as they can be installed further from shore where the winds are stronger, oceanographers from the UK's Bangor University are calling for new research to be done into the environmental impact of turbulence caused by tidal flow past... Continue Reading →
Rystad: U.S. bill to bolster energy security with no respite for industry costs in sight
The U.S. recently came up with the Inflation Reduction Act, which is expected to boost domestic energy security by opening the door to more federal onshore and offshore lease sales while also promoting low-carbon and renewable energy developments. However, Norway’s energy intelligence group Rystad Energy believes that there is no respite on the horizon for energy... Continue Reading →
Wilson Sons reports revenues of R$1.1 billion in the first half of the year, a 5% increase, and net profit of R$160 million
Wilson Sons registered net revenues of R$539.6 million (US$109.6 million) in the second quarter of 2022 (2Q22), up 6% against the 2021 comparative. In the first six months of the year (6M22), revenues totalled R$1.1 billion (US$211,0 million), a 5% increase year-over-year. The company, listed on the Novo Mercado segment under ticker symbol PORT3, released... Continue Reading →
Offshore wind-to-hydrogen brings high profile investors to Dutch TCP pipeline supplier Strohm
HydrogenOne Capital Growth has signed definitive agreements for an investment of EUR 10 million in Strohm, the Dutch manufacturer of hydrogen pipelines who already saw Shell Ventures, Chevron Technology Ventures, and Evonik Venture Capital joining in as investors. HydrogenOne, the first LSE-listed investment fund dedicated to clean hydrogen, invested the EUR 10 million in the... Continue Reading →
Keppel, unit to invest in German offshore wind farm in renewables push
(Reuters) - Singaporean conglomerate Keppel Corp (KPLM.SI) said on Friday it would spend 305 million euros ($314.7 million) along with a unit for a 50.01% stake in a special purpose vehicle (SPV) that owns 50% of Borkum Riffgrund 2, an offshore wind farm in Germany. The deal comes as companies race to increase their exposure to renewable... Continue Reading →