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(OED) Latin America's offshore wind capacity could reach 34 GW by 2050, driven by off-grid green hydrogen projects, according to energy intelligence group Wood Mackenzie, a Verisk subsidiary. Currently, there are no commercial offshore wind farms in operation in the region. According to Wood Mackenzie, offshore wind activity will correspond to a 15.4% compound annual... Continue Reading →
Spanish firm Acciona Construction has chosen two of BlueNewables' technologies: the TLP, CT-bos, and the semi-submersible, S-bos, to be added to its foundations and platforms for offshore wind. "BlueNewables has achieved an important milestone in its role as a technology developer in the blue economy. The agreement with Acciona Construction reinforces our commitment to the... Continue Reading →
Norwegian offshore wind company Vårgrønn, a joint venture between the Italian energy company Plenitude and the Norwegian energy investor HitecVision, has acquired Plenitude’s stake in Dogger Bank A, B and C in the UK, which will be the world's largest offshore wind project, once operational. Plentitude is a renewable energy subsidiary of the Italian oil... Continue Reading →
Blue economy solutions provider Sustainable Marine has sold its anchoring and mooring business Swift Anchors to Aquos, a subsidiary of its largest shareholder and long-standing partner Schottel. The announcement comes shortly after the launch of Swift Anchors next-generation, remotely operated rock anchor installation system, dubbed AROV2 – which will be used to install anchors for Sustainable Marine’s Pempa’q... Continue Reading →
Norwegian energy giant Equinor said Monday that Molly Morris would take over as the new President of Equinor Wind US, effective January 1, 2023, succeeding Siri Espedal Kindem, "who will take on a new exciting opportunity within Equinor." Morris joined Equinor in 2008 and has since taken on a variety of important roles in the... Continue Reading →
(Reuters) Guyana has called for proposals to design, finance and build a 30,000-barrel-per-day (bpd) oil refinery, the first for the South American country as it becomes a force in crude oil production. Construction work on the facility, to be located on public land near the Berbice river, is expected to begin by the first half... Continue Reading →
The FPSO P-71 left the Jurong Aracruz shipyard, in Espírito Santo, and headed for the Itapu field, in the Santos Basin. The vessel will be able to produce up to 150,000 barrels of oil and 6 million cubic meters of gas daily. In addition, the P-71 will be able to store 1.6 million barrels of... Continue Reading →
BayWa r.e. said Monday it had submitted a permit application for what it said would be the world’s first subsidy-free commercial floating offshore wind project off the Portuguese Coast. "BayWa r.e. is now entering the decisive phase of the official authorisation process for the first commercial scale floating offshore project in Portugal, which will be... Continue Reading →
Japan-headquartered Sumitomo Electric Industries has completed a long-term test for its 525 kV cross-linked polyethylene (XLPE)-insulated high-voltage direct current (HVDC) submarine cable system. The cable system was tested in accordance with the international standard CIGRE-TB496 and a third-party certification body has approved the completion of the test. According to Sumitomo, this system is capable of... Continue Reading →
(OE) Norway-based Wind Catching Systems, a company behind the design of a multi-turbine floating wind platform, said Monday it had received a technology development grant of NOK 22 million (USD 2.1 million) from the Norwegian government agency Enova. Wind Catching Systems is developing the Windcatcher, a floating wind power plant based on a multi-turbine design.... Continue Reading →
Brazil Energy Insight 