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(OE) Offshore drilling contractor Noble Corp. on Tuesday released a fleet status report, according to which the company has secured contracts for six offshore drilling rigs since its previous fleet report issued on August 2, 2023. The company has secured contracts for three drillships—the Noble Valiant, Globetrotter I, and Globetrotter II—and three jack-up drilling rigs—the... Continue Reading →
(Reuters) Denmark's Orsted said on Wednesday it had recorded a 28.4 billion Danish crowns ($4.03 billion) impairment charge for the first nine months of 2023, and that it will cease work on its U.S. offshore wind projects Ocean Wind 1 and 2. The world's largest offshore wind farm developer has made a final investment decision on Revolution... Continue Reading →
(Reuters) European energy companies, including Denmark's Orsted, will likely write down more of their U.S. offshore wind investments this week after BP and Equinor booked $840 million in impairments in recent days. Orsted, the world's largest offshore wind developer, said in August it may see impairments of 16 billion Danish crowns ($2.3 billion) on its... Continue Reading →
(OE) Danish engineering group Ramboll has joined the Global Offshore Wind Alliance, a public-private forum working to accelerate global offshore wind capacity. Founded by the Government of Denmark, the International Renewable Energy Agency (IRENA), and the Global Wind Energy Council (GWEC), GOWA brings together 14 countries and key actors in the wind industry around the shared... Continue Reading →
(Reuters) - Norway's Equinor (EQNR.OL) and its partner BP (BP.L) are seeking a 54% increase for the price of power produced at three planned offshore U.S. wind farms, according to a filing made by a New York state regulatory authority. The two partners in recent years won the rights to build the Empire Wind 1, Empire Wind 2 and... Continue Reading →
(OE) Cadeler A/S published its interim financial report for the first half of 2023 presenting a positive result exceeding the guidance projected for the fiscal year 2023. Revenue in the first six months of 2023 was EUR 68 million, which is an increase of 57% against the same period last year. Adjusted EBITDA for the first half of... Continue Reading →
(epbr) As of July 14, IBAMA had applications for licensing for 78 offshore wind projects, adding up to 189 GW of capacity with the installation of around 13,000 turbines on the Brazilian coast – this is almost the total power of energy installed in the entire country (194 GW). To get the projects off the... Continue Reading →
The Vestas V236-15.0 MW™ prototype offshore wind turbine has set a world record for the most power output by a single wind turbine in a 24-hour period, producing 363 megawatt-hours in that time span, the Danish wind turbine manufacturer said. The prototype was installed at the Østerild National test centre for large wind turbines in... Continue Reading →
SBM Offshore announced to the market this week its financial and operational balance sheet for the first half of the year. One of the main highlights of the report concerns the updates in the works of three FPSOs ordered by Petrobras (Sepetiba, Almirante Tamandaré and Alexandre de Gusmão). In these three projects, the company is... Continue Reading →
(Reuters) - The world's leading turbine maker Vestas (VWS.CO) on Wednesday said it aims to turn a profit this year, despite a bigger than expected second quarter adjusted loss and its expectation supply chain disruptions would continue for the rest of 2023. The Danish-listed company is struggling to deliver a backlog of projects from pandemic-hit years and... Continue Reading →
Brazil Energy Insight 