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Philip Lewis, Contributor (OE) December was a month of major “firsts” in the U.S. offshore wind space. The first federal auction for offshore wind was held for the West Coast, and the first federal leases for commercial floating wind projects were provisionally awarded. These events are key milestones in the journey to achieve the federal vision of... Continue Reading →
(OE) Global Port Services, owned by Global Energy Group alongside the Port of Nigg, has said it has secured multiple contracts to support its client Seagreen Wind Energy Limited (SWEL), with site enabling works for the pre-assembly construction of wind turbine components (WTGs) at its Port of Nigg facility. The news comes as the final... Continue Reading →
Philip Lewis, Contributor (OE) Developers are beginning to release details of their bids for yesterday’s California floating wind auction. The successful bidders for the two north California Humboldt sites, RWE and CIP, both bid the highest prices per square kilometer of lease area. Both companies have also identified comparatively low development potential of at 1.6 GW... Continue Reading →
(OM) Kongsberg Maritime will supply technology and engineering for a second F-class wind turbine and foundation installation vessel that Cadeler has ordered. This will be one of the world’s largest installation vessels in the offshore wind sector when completed, according to the company. Kongsberg Maritime will provide a thruster package, electrical solutions and integrated controls, including the dynamic... Continue Reading →
(Reuters) - Portugal wants to speed up investments in green hydrogen projects, which are essential to decarbonize the economy, and will end mandatory environmental assessments for them in March 2023, Prime Minister Antonio Costa said. Portugal expects to become a major producer and exporter of green hydrogen with 70 private investors or groups planning to spend 10... Continue Reading →
(Reuters) - Venezuelan officials and executives from U.S. oil company Chevron Corp (CVX.N) held a private meeting on Wednesday at one of their joint ventures to discuss operations and management, but workers were left out, three sources close to the matter said. In November, the U.S. Treasury Department issued a license to Chevron to expand operations in... Continue Reading →
(Reuters) - Exxon Mobil Corp (XOM.N) on Thursday said it will raise spending next year closer to the top end of its $20 billion-$25 billion annual guidance and expand investments to curb carbon emissions. Exxon led record gains among oil majors in the second and third quarters this year, aided by its highly criticized decision during the COVID-19 pandemic to double... Continue Reading →
Five developers selected to build the first floating wind farms in U.S. federal waters (OE) To support the California Energy Commission’s planning goals of 2-5 GW of offshore wind by 2030 and 25 GW by 2045 as well as a federal target to deploy 15 GW of floating wind by 2035, the Bureau of Ocean... Continue Reading →
Five leases were offered by the Bureau of Ocean Energy Management (BOEM) in thefirst-ever offshore wind lease sale on the US west coast and the first-ever US sale to support commercial-scale floating offshore wind energy development opportunities. With a bid of USD 130 million for 80.062 acres in the Pacific Ocean, Equinor secured a ~2-gigawatt... Continue Reading →
Vineyard Wind 1, America’s first large-scale offshore wind project, is moving forward with submarine cables being delivered by Prysmian Group. Prysmian’s cable laying vessels, Cable Enterprise and Ulisse, arrived in the US with submarine cables manufactured and tested at the company’s centres of technological excellence in Pikkala, Finland, and Arco Felice, Italy. In November, Cable Enterprise installed the... Continue Reading →
Brazil Energy Insight 