SCHOTTEL Marine Technologies merges German and UK ops with focus on floating offshore renewables

(OET) SCHOTTEL Marine Technologies, the new company name for Germany’s AQUOS SCHOTTEL Marine Technologies and Scotland’s Swift Anchors, has integrated its operations to ramp-up deployment of its anchoring solutions for floating offshore renewables. The move comes in an effort to exploit the growing business opportunities in offshore renewables, and in particular within the floating offshore wind sector,... Continue Reading →

September 5, 2023 0

BP’s Looney holding his nerve over energy transition plan

(Reuters) - BP (BP.L) CEO Bernard Looney says he will not further scale back his energy transition strategy after ceding some ground earlier this year, despite investors penalizing the group over its plan to break away from rivals in cutting oil and gas output. Taking office in February 2020 with a vow to reinvent the 114-year-old company,... Continue Reading →

September 5, 2023 0

How Serious a Problem is the Cost Issue in U.S. Offshore Wind?

Philip Lewis, Contributor (OE) Much has been written recently about the challenges facing U.S. offshore wind projects, resulting in requests to terminate or renegotiate contracts to sell power to states. Examples of these challenges can be found from Massachusetts to Virginia. Coming on top of last week’s somewhat disappointing events of the Gulf of Mexico lease... Continue Reading →

September 4, 2023 0

Petrobras starts campaign to develop offshore wind in the Northeast and Southeast

(TN) Petrobras started installing LiDAR (Light Detection and Ranging) measurement devices on six platforms located in shallow waters off the coast of the states of Rio Grande do Norte, Ceará and Espírito Santo. The equipment integrates new wind measurement campaigns, which will be carried out over three years. The collected data will allow the elaboration... Continue Reading →

September 1, 2023 1

US government to fund research to improve offshore wind and marine energy deployments

(OET) The US Department of Energy (DOE) and the Department of the Interior (DOI) have unveiled plans to collaborate and jointly fund research to further support durable and environmentally responsible offshore wind and marine energy deployments in the United States. The agencies will launch the upcoming funding opportunity through Wind Energy Technologies Office (WETO), Water... Continue Reading →

September 1, 2023 0

Equinor, BP seek 54% hike in US offshore wind power price, filings show

(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 →

August 31, 2023 0

Yunlin Offshore Wind Farm Secures Extended Financing, Amended Installation Schedule on Track

(OW) Skyborn Renewables and its partners in the Yunneng Wind Power consortium that owns the Yunlin offshore wind project in Taiwan have signed an extended financing agreement to complete the construction of the 640 MW offshore wind farm. The project is now on track for completion according to an amended installation schedule. The news comes... Continue Reading →

August 31, 2023 0

Massachusetts Opens Its Largest-Ever Offshore Wind Solicitation, Plans to Procure 3.6 GW of New Capacity by June 2024

(OW) Massachusetts has opened its fourth offshore wind solicitation which seeks to procure 3.6 GW of new generation capacity and makes this the state’s largest solicitation of this kind to date. Developers can submit bids until 31 January 2024 and the projects will be selected by 12 June next year, with the execution of long-term... Continue Reading →

August 31, 2023 0

Brazil planners target 350m tonnes of offshore wind-to-hydrogen a year

(RE) Brazil has the potential to produce up to 1.8 billion tonnes of hydrogen a year at some of the lowest costs in the world, officials in Brasilia have said, with nearly 20% coming from projects supplied with power from offshore wind. For the time being, however, there are no offshore wind projects in development... Continue Reading →

August 31, 2023 0

Brazil eyes tax perks for energy sector, sparking ‘green’ vs oil debate

(Reuters) - Brazil's government aims to make more energy projects eligible for key tax benefits, however the main ministries involved disagree about whether to favor a "green" agenda or include oil projects and refineries, according to a senior official and a document seen by Reuters. President Luiz Inacio Lula da Silva's government has vowed to... Continue Reading →

August 31, 2023 0

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Category: Energy

SCHOTTEL Marine Technologies merges German and UK ops with focus on floating offshore renewables

BP’s Looney holding his nerve over energy transition plan

How Serious a Problem is the Cost Issue in U.S. Offshore Wind?

Petrobras starts campaign to develop offshore wind in the Northeast and Southeast

US government to fund research to improve offshore wind and marine energy deployments

Equinor, BP seek 54% hike in US offshore wind power price, filings show

Yunlin Offshore Wind Farm Secures Extended Financing, Amended Installation Schedule on Track

Massachusetts Opens Its Largest-Ever Offshore Wind Solicitation, Plans to Procure 3.6 GW of New Capacity by June 2024

Brazil planners target 350m tonnes of offshore wind-to-hydrogen a year

Brazil eyes tax perks for energy sector, sparking ‘green’ vs oil debate

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