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(Reuters) The U.S Federal Permitting Improvement Steering Council on Thursday approved the construction of a $1.5 billion offshore wind farm off the coast of Rhode Island. The project, Revolution Wind, is run by Danish company Orsted and U.S.-based Eversource, and would bring a total of 704 megawatts (MW) clean energy to Connecticut and Rhode Island.... Continue Reading →
(Reuters) - TotalEnergies's (TTEF.PA) CEO gave his backing to an international pledge to triple renewable energy generation at the COP28 climate summit, calling it necessary to phase out fossil fuels and decarbonise. "It's the right way to frame the object, tripling renewables, because if we don't do that, there's no way to phase out fossil energy," Patrick Pouyanne told... Continue Reading →
(OET) The Netherlands-headquartered geo-data specialist Fugro has reached a binding agreement for the acquisition of the remaining shares in SEA-KIT International. The two players have enjoyed a long-standing relationship in the development of hi-tech uncrewed surface vessels (USVs) for low-carbon emission maritime operations and research. While revealing the deal to acquire the full ownership of SEA-KIT... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras informs that its Board of Directors approved, at a meeting held today, the Strategic Plan for the five-year period 2024-2028 (SP 2024-28+), planning to invest US$ 102 billion over the next five years. The first plan of this administration, the SP 2024-28+ aims to prepare Petrobras for the future and... Continue Reading →
(Bloomberg) — On a platform 140 kilometers (87 miles) off the coast of Norway, Crown Prince Haakon held two power cables connected to scale models: the first was a wind turbine, the second an oil rig. Behind him, the world’s biggest floating offshore wind farm was just visible on the horizon, an engineering marvel that... Continue Reading →
(OET) Italy-headquartered cabling giant Prysmian Group has revealed strong results for the first nine months of 2023, with new orders year-to-date amounting to approximately €13 billion, including projects for which the Italian player has been selected as the preferred bidder. This was driven by energy transition and electrification, which are expected to remain long-term growth... Continue Reading →
(OE) Flotation Energy and Vårgrønn, a joint venture between Plenitude (Eni) and HitecVision, have signed exclusivity agreements for two floating offshore wind developments with up to a total of 1.9 gigawatt (GW) capacity under Crown Estate Scotland’s Innovation and Targeted Oil and Gas (INTOG) leasing round. "When completed, the wind farms will provide renewable electricity... Continue Reading →
(OM) With the worldwide mandate for emissions reduction, operators are urgently looking for ways to ‘green’ their production platforms. A particular focus is being placed on new and upcoming FPSOs scheduled for deployment offshore Brazil. Some of the most promising paths toward that result include a re-examination of power generation technologies, and here operators are... Continue Reading →
(OW) The Netherlands will reach, and exceed, the target set in its Offshore Wind Energy Roadmap 2023 by the end of this year. The country’s first offshore wind roadmap, created following the Dutch Energy Agreement signed ten years ago, sets a goal of 4.5 GW of installed capacity by the end of 2023 – and... Continue Reading →
French energy major TotalEnergies said Monday it had partnered with Corio Generation (Corio), an offshore wind developer, and Rise Light & Power (Rise), a New York-based electricity producer, for the joint development of the Attentive Energy offshore wind project off the coast of New York and New Jersey. Corio and Rise took respective stakes of... Continue Reading →
