(OE) NOV has signed contracts with China's CIMC Raffles to design and equip a self-propelled wind turbine installation jack-up vessel for the Norwegian offshore wind services company Havfram NOV, until recently known as National Oilwell Varco, will supply the GustoMSC NG-20000X wind installation vessel design. NOV entered the offshore rig & vessel design arena through the... Continue Reading →
RWE Selects Offshore Construction Base for Giant Offshore Wind Project in the UK
(OE) German renewable energy firm RWE has selected Port of Blyth as offshore construction base for its 1.4 GW Sofia Offshore Wind Farm, one of the world’s largest offshore wind projects. "Commissioned in December 2000, Blyth was home to the UK’s first offshore wind turbine pilot project, operated at the time by E.ON Climate and... Continue Reading →
Vattenfall: Norfolk Offshore Wind Zone’s Capacity Expanded to More Than 4.2 GW
(OE) Swedish energy firm Vattenfall said Wednesday that the capacity for the Norfolk Offshore Wind Zone in the UK would be increased to more than 4 4.2 GW. Vattenfall said that the expansion would not have any extra impact on local residents, with the construction taking place within existing plans. Vattenfall says that the capacity... Continue Reading →
Technology for offshore wind measurement is developed by Petrobras
(TN) Petrobras started testing the Bravo technology (Remote Buoy for Offshore Wind Assessment). The equipment, capable of measuring wind speed and direction, is essential for measurements aimed at implementing offshore wind generation projects. The total investment is BRL 9 million and there is a forecast that the use of this technology, unprecedented in the country,... Continue Reading →
Petrobras on the start of P-71 production
Petróleo Brasileiro S.A. - Petrobras, informs that it put into operation, this Wednesday (Dec,21), the P-71 platform vessel, installed in the Itapu field, in the Santos Basin pre- salt area, 200 km off the coast of Rio de Janeiro. The start of production has been anticipated, as it was originally scheduled for 2023. From Petrobras'... Continue Reading →
Seabed suitable for Lithuania’s first offshore wind farm
Surveys of the area that the Lithuanian Government selected for the country’s first offshore wind farm have shown that the seabed in the Baltic Sea is suitable for the development of this type of project. The Lithuanian Energy Agency selected Geobaltic and Garant Diving to carry out the geophysical and seismic surveys through an international... Continue Reading →
Analysis: Private U.S. energy producers tap niche funding as bank lines dry up
(Reuters) - Private U.S. oil and gas companies are increasingly turning to a niche financing structure that securitizes their production, providing a funding avenue for producers and owners as traditional sources become more expensive or simply dry up. Known as PDP asset-backed securitizations (ABS), this product takes revenue generated by companies' proved, developing and producing... Continue Reading →
Study Launched for Multi-GW Scale Offshore Hydrogen Production in Dutch North Sea
(OE) Danish engineering group Ramboll will investigate the feasibility of producing hydrogen offshore at a multi-gigawatt scale with NortH2 in the Dutch part of the North Sea. The NortH2 consortium, consisting of Eneco, RWE, Equinor and Shell, in partnership with Gasunie, is investigating how all aspects of the hydrogen value chain – from production to... Continue Reading →
Vattenfall to Build 1.3GW Offshore Wind Farm in Finland
(OE) Vattenfall and Metsähallitus have joined forces to build and run Finland's first major offshore wind farm. The project will be built at Korsnäs, off the west coast of Finland. It will have a capacity of 1.3 GW and could produce 5 TWh per year. "Vattenfall was selected in the first of a number of... Continue Reading →
Crown Estate-funded Survey Program Drives Floating Wind Development in Celtic Sea
(OE) The Crown Estate for England, Wales, and Northern Ireland has announced its first major investment in surveys to help with the construction of floating offshore wind farms in the Celtic Sea. "The awarding of the first contracts marks an important step in what is anticipated to be a multi-million pound series of technical and... Continue Reading →