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(OE) UK's Offshore Renewable Energy Catapult (ORE Catapult) said Tuesday that the biggest offshore wind ‘living lab’ in the world would be created off the Grimsby coast through the development of a 5G Testbed that includes Grimsby Port and the Lynn and Inner Dowsing wind farm. According to ORE Catapult, the £2.8 million project will... Continue Reading →
(OE) UK-based offshore wind developer SSE Renewables and Asia Pacific-focused renewable energy developer Equis have formed a joint venture to bid for a feasibility license to develop, construct, own, and operate an offshore wind farm project in Australia. The wind farm site is in Australia’s first Federal Government-declared offshore wind zone of Gippsland, near the... Continue Reading →
(OE) Energy expert and assurance provider DNV has launched a joint industry project (JIP) alongside wind farm owners, turbine manufacturers, and other sector experts to increase confidence in innovative wind farm control (WFC) technology. According to DNV, WFC covers the models and procedures required to control each turbine in a wind farm through approaches such... Continue Reading →
(OE) Gazelle Wind Power, a Dublin-based company that develops foundations for floating offshore wind farms, has partnered up with renewable energy developer WAM Horizon to accelerate the development of a pilot plant using Gazelle’s floating wind platform in Aguçadoura, Portugal. WAM will provide Gazelle with strategic advisory to successfully implement this project. Portugal-based WAM Horizon... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras informs that it has started the contracting process for the chartering of two platform vessels for the Sergipe Deepwater Project (SEAP), in the Sergipe-Alagoas Basin, about 100 km off the coast. The FPSO (floating production, storage, and oil transfer system) type units will be strategic to expand the availability of... Continue Reading →
(OE) Danish offshore wind turbine maker Vestas said Monday that its most powerful wind turbine, the V236-15.0 MW prototype, stretching 280 meters into the air, had reached 15 MW nominal power rating. "The prototype was installed in December 2022 and produced its first kWh of power shortly after. Since then, the turbine has been through a... Continue Reading →
RWE and US utility Entergy have signed a Memorandum of Understanding (MoU) to jointly evaluate developing offshore wind in the Gulf of Mexico. Under the MoU, RWE and Entergy agree to assess four key areas to define an optimal route-to-market including the market demand for carbon-free energy for customers of Entergy Louisiana, Entergy New Orleans,... Continue Reading →
(Reuters) - Oil prices surged on Monday, posting their biggest daily rise in nearly a year, after a surprise announcement by OPEC+ to cut more production jolted markets. Brent crude was trading at $84.53 a barrel as of 1115 GMT, up $4.64, or 5.8%, after touching the highest in a month at $86.44. West Texas... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras informs that its CEO, Jean Paul Prates, submitted to the Executive Board, which in turn, discussed and validated the following proposals, to be considered in the Strategic Planning, in compliance with current governance practices, the commitment to create value and the company's long-term financial sustainability: 1) Total attention to people,... Continue Reading →
(Reuters) - General Electric Co (GE.N) has settled all its outstanding wind turbine technology patent disputes in the United States and Europe with Siemens Gamesa Renewable Energy S.A (GAM.HA), the companies said on Friday. Terms of the settlement, which was described as amicable, were not disclosed. Under the deal, the companies and their subsidiaries will receive cross licenses... Continue Reading →
Brazil Energy Insight 