Lloyd’s Register Publishes Recommended Practices for Floating Offshore Wind Turbine Support Structures

(OE) Lloyd's Register (LR) has published its first Recommended Practice (RP) for Floating Offshore Wind Turbine Support Structures. Developed in alignment with established international codes and standards, including IEC 61400-3-2 and the ISO 19000 series, LR's RP facilitates the development of floating offshore wind turbines (FOWTs). The document offers guidance across the entirety of... Continue Reading →

October 22, 2024 0

Community Offshore Wind Presents Largest New York’s Offshore Wind Project to Date

(OE) Community Offshore Wind, a joint venture of RWE and National Grid Ventures (NGV), has submitted its full proposal for a 2.8 GW offshore wind project in New York. If selected, the proposed project could deliver up to 2.8 GW of new clean energy capacity, built in two phases in the developer’s federal offshore wind... Continue Reading →

October 21, 2024 0

Exclusive: BP weighs sale of minority stake in offshore wind business, sources say

(Reuters) - BP is considering selling a minority stake in its offshore wind business, according to four sources with knowledge of the matter, the latest effort by CEO Murray Auchincloss to scale back the energy company's focus on renewables. The company has faced pressure from shareholders over its energy transition strategy, first launched in 2020, as renewables profit... Continue Reading →

October 17, 2024 0

Investments in the global FPSO sector grew 50% in 2023 and is expected to continue to rise in 2024

(PN) The FPSO market saw a 50% increase in investments — from US$6 billion to US$9 billion — related to the surface capital of new projects in 2023, a trend that is expected to continue in 2024. The data was presented this week by Rystad Energy. This growth is largely concentrated in South America, especially... Continue Reading →

October 17, 2024 0

Brazil will not return to daylight saving time this year

(Reuters) - The Brazilian government has decided against returning to daylight saving time this summer, a senior official said on Wednesday, who noted that the country does not face any expected risks to its power sector. Energy and Mining Minister Alexandre Silveira added that officials will assess a possible return to daylight saving time for... Continue Reading →

October 16, 2024 0

DNV Supports Atlas Renewable Energy in Securing $289M for 800 MWh BESS Project in Chile

DNV, the independent energy expert and assurance provider, has supported Atlas Renewable Energy in securing $289 million in financing for its first standalone Battery Energy Storage System (BESS) project in Chile. The financing package, backed by senior loans and credit lines from BNP Paribas and Crédit Agricole CIB, will fund the development of Battery Energy... Continue Reading →

October 16, 2024 0

Inyanga Marine Energy Group takes over the first grid-connected tidal turbine in France

It has been announced that Inyanga Marine Energy Group is taking over the D10 tidal turbine in France. The D10 tidal turbine was the first grid-connected tidal turbine in France, initially deployed in 2015. It is located in the Fromveur Passage, off the coast of Brittany, and provides clean sustainable energy to the remote island... Continue Reading →

October 16, 2024 0

Petronas expected to FID Block 52 gas development – Staatsolie Head

(oilnow.gy) Suriname’s second final investment decision (FID) is expected from Petronas for a potential Block 52 development, Managing Director of Staatsolie, Annand Jagesar has said. Petronas Suriname E&P is the operator of Block 52 with a 50% participating interest. ExxonMobil Exploration and Production Suriname B.V. holds the other 50%. Three significant discoveries were made at... Continue Reading →

October 16, 2024 0

DNV-Led Floating Wind Substations Standardization Project Enters Second Phase

(oedigital.com) Certification body DNV has launched the second phase of its floating substation joint industry project (JIP), which aims to establish standards for offshore substations in the growing floating wind sector. The new phase will play a key role in refining guidelines and closing technology gaps, with participation now expanding to 19 leading industry players.... Continue Reading →

October 15, 2024 0

Brazil’s Petrobras and miner Vale have decarbonization partnership in works

(Reuters) - Brazil's Petrobras is discussing a partnership with Vale to help the mining company lower carbon emissions, the state-run oil firm's Chief Executive Magda Chambriard said on Monday. WHY IT'S IMPORTANT The two Brazilian companies are among the largest in Latin America by market value. Chambriard said the firms will "help each other" decarbonize, with a... Continue Reading →

October 14, 2024 0

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Category: Energy

Lloyd’s Register Publishes Recommended Practices for Floating Offshore Wind Turbine Support Structures

Community Offshore Wind Presents Largest New York’s Offshore Wind Project to Date

Exclusive: BP weighs sale of minority stake in offshore wind business, sources say

Investments in the global FPSO sector grew 50% in 2023 and is expected to continue to rise in 2024

Brazil will not return to daylight saving time this year

DNV Supports Atlas Renewable Energy in Securing $289M for 800 MWh BESS Project in Chile

Inyanga Marine Energy Group takes over the first grid-connected tidal turbine in France

Petronas expected to FID Block 52 gas development – Staatsolie Head

DNV-Led Floating Wind Substations Standardization Project Enters Second Phase

Brazil’s Petrobras and miner Vale have decarbonization partnership in works

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