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(OE) UK-based machine learning and applied AI company Cognitive Business has won a contract to provide a complete package of AI and forecasting to RWE’s Robin Rigg wind farm offshore Scotland. Congitive Business will to provide the wind farm with a suite of AI, Pattern Recognition and Production Forecasting technology that will enable the owner-operator to predict... Continue Reading →
(OE) Danish wind turbine maker Vestas said Friday it had signed a preferred supplier agreement to supply its giant 15MW offshore wind turbines for a floating wind project in South Korea. Vestas did not say who the client was. It did say that the floating offshore wind project would have a capacity of 495 MW.... Continue Reading →
(PN) Brazil's energy matrix offers technological opportunities that can place the country at the forefront of decarbonization in a wide range of demand segments. The analysis is by energy research firm Rystad Energy. According to the consultancy, the country has a head start in the transition to low-carbon energy compared to many other large countries... Continue Reading →
(Reuters) - Shell (SHEL.L) is splitting up its renewables and low-carbon division as part of CEO Wael Sawan's shake-up to boost the energy giant's returns. The changes come as Sawan, who took office at the start of the year, has signalled in recent weeks that Shell is considering ditching oil reduction output targets as part of its... Continue Reading →
(OEM) The Netherlands Enterprise Agency (RVO) has issued a tender for offshore geotechnical investigations at the Nederwiek Wind Farm Zone. The contracts to be awarded under the tender, which is divided into two lots, are valued at €45.5 million in total. Through the first lot, RVO will award a contract worth €11 million for a seabed cone... Continue Reading →
(OEM) In a world besieged by energy and climate crises, carbon capture and storage (CCS) technology is often presented as a net-zero solution. However, a new report by the Institute for Energy Economics and Financial Analysis (IEEFA) points out that adding CCS to fossil-fired power plants will have unsustainable implications on electricity prices, with the... Continue Reading →
Petróleo Brasileiro S.A.- Petrobras informs that today it released the new edition of its Climate Supplement. The document details information regarding Petrobras' emissions performance in 2022, in addition to the progress made in indicators related to climate change commitments. The Climate Supplement also presents how the challenges of climate change are reflected in the company's... Continue Reading →
(OE) Dutch state-owned electric grid company TenneT has awarded 11 contracts worth a combined 23 billion euros ($25 billion) to build systems connecting wind farms in the North Sea to shore, it said on Thursday. The contracts are being awarded to consortia led by Hitachi Energy and by General Electric, and caused shares in Petrofac, part of the Hitachi consortium,... Continue Reading →
(RN) CIP, through its New Markets Fund, and the Philippines Government have signed a series of Offshore Wind Service Contracts with aggregate capacity estimated at 2GW. The fund signed the 25-year contracts with the Department of Energy, making CIP the first company to venture on a 100% foreign-owned basis into offshore wind development in the... Continue Reading →
Brazilian state-owned oil and gas giant Petrobras has picked Halliburton’s digital platform to accelerate digital transformation and address subsurface challenges. Halliburton revealed on Wednesday, 29 March 2023, that Petrobras would use its Landmark iEnergy digital platform. This comes after the two players executed a contract that gives Petrobras access to the entire Halliburton Landmark DecisionSpace 365 Geoscience... Continue Reading →
