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(OE) Oil major BP has simplified its organization structure and made executive team changes in an effort to streamline its business operations. BP said it will continue to have three businesses - production and operations, gas and low carbon energy. and customers and products – enabled by trading and shipping. The current regions, corporates and... Continue Reading →
(Reuters) Norway's Equinor has been granted a development consent for two extensions on offshore wind projects in Britain, the energy producer said in a statement on Thursday. "With these extensions, Equinor’s wind farms in Norfolk will power nearly 1.5 million households," Equinor said in a statement, adding more assessments would still need to be done... Continue Reading →
(offshoreWIND.biz) Californian floating wind technology developer, Aikido Technologies, will test a scaled prototype of its technology, said to be the world’s first upending semi-submersible platform, through a project named Aikido One. Aikido Technologies has awarded a contract for the fabrication of a 1:4 scale, 100 kW floating wind platform to Chet Morrison Contractors (Morrison), a... Continue Reading →
(OE) The U.S. Environmental Protection Agency (EPA) has issued the final air quality permit for Dominion Energy’s 2.6 GW Coastal Virginia Offshore Wind (CVOW) project located off the coast of Virginia Beach in the United States. Issued on April 9 following a 30-day public comment period, the permit authorizes the construction and operation of the... Continue Reading →
(Reuters) - Spanish renewable energy firm Acciona Energia (ANE.MC), opens new tab has decided to restructure its businesses in Brazil, it said on Tuesday, after Reuters reported the subsidiary of infrastructure giant Acciona (ANA.MC), opens new tab had been downsizing in the country. The company said the decision to reorganize its unit in Latin America's largest economy was a... Continue Reading →
(Reuters) Japan has agreed to partner with the United States to help reduce the cost of floating offshore wind projects, the White House said in a statement released during Prime Minister Fumio Kishida's visit to Washington to meet with President Joe Biden. Under the agreement, Japan and the U.S. would work to accelerate developments in... Continue Reading →
(Reuters Breakingviews) - Cable maker Prysmian (PRY.MI), opens new tab is once again in expansion mode. Six years after swooping on General Cable, opens new tab, the acquisitive $15 billion manufacturer of electric wires and fiber connections has agreed, opens new tab to buy smaller U.S. rival Encore Wire (WIRE.O), opens new tab for about $4.2 billion. The deal does not come... Continue Reading →
SBM Offshore is pleased to announce that ExxonMobil Guyana Limited (“EMGL”) has confirmed the award of contracts for the Whiptail development project located in the Stabroek Block in Guyana. Under these contracts, SBM Offshore will construct and install FPSO Jaguar. Ownership will transfer to EMGL prior to the FPSO’s installation in Guyana, and SBM Offshore... Continue Reading →
(Reuters) - The European Union will investigate subsidies received by Chinese suppliers of wind turbines destined for Europe, the bloc's anti-trust commissioner, Margrethe Vestager, has said. Tuesday's move is the latest in a growing effort in both Europe and the United States to shield domestic clean energy industries from cheap Chinese imports, which authorities say benefit... Continue Reading →
(OE) Norwegian offshore energy industry services company Axess Technologies has signed a contract for the delivery of an export cable pull-in system to Seatrium, which is in charge of the construction of offshore substation for Empire Wind 1 offshore wind project in the United States. The contract is for the design, engineering and supply of... Continue Reading →
Brazil Energy Insight 