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(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 →
(CGTN) Goldwind, the world's top wind turbine supplier in 2022, expects the global offshore wind power market to expand hundreds-fold, possibly even thousands-fold, in the next few decades. "The global offshore wind power development we see now is just the beginning," Wu Kai, vice president of Goldwind, told CGTN in Beijing. "With the comprehensive utilization... Continue Reading →
(AP) The U.S. Energy Department said Wednesday it has a new strategy to meet the goal of vastly expanding offshore wind energy to address climate change. The Biden administration wants to build 30 gigawatts of offshore wind energy by 2030 — enough to power more than 10 million homes. The turbines would be anchored to the seafloor.... Continue Reading →
Taranaki Offshore Partnership (TOP), a partnership between NZ Super Fund and Copenhagen Infrastructure Partners (CIP) in New Zealand, has signed an agreement with Port Taranaki and BlueFloat Energy for a joint study into how the port’s assets, infrastructure and land can support the growth of the offshore wind industry in Aotearoa. The study, which aims to... Continue Reading →
(Reuters) - Norway on Wednesday opened tenders for two areas in the North Sea to build wind parks that could produce some 3 gigawatt (GW) of electricity, in a first step towards a goal of producing 30 GW by 2040, garnering strong interest from energy firms. Soerlige Nordsjoe II, bordering the Danish sector of the North Sea,... Continue Reading →
(Reuters) - Norway on Wednesday opened its first tenders to build offshore wind farms, including one area for floating wind, in a step to meet growing electricity demand at home and to build a new industry. "In order to further develop Norway, the answer to almost all questions is that we need more energy production,... Continue Reading →
