BP to Form Global Floating Wind Team

(OW) BP is advertising a new opening in its offshore wind business, this time looking for the Head of Floating Offshore Wind, who will develop and lead its global floating offshore wind team from BP’s base in the UK. The company participated in public discussions on California’s (floating) offshore windBP is also exploring floating wind as... Continue Reading →

3R Petroleum September 22 production data

3R PETROLEUM ÓLEO E GÁS S.A. (“3R” or “Company”), following best practices in corporate governance and transparency, informs its investors and the market in general the preliminary unaudited production data for September 2022 in the assets that the Company holds participation. The Company is the operator of Macau, Areia Branca, Fazenda Belém, Rio Ventura, Recôncavo... Continue Reading →

BlackRock’s Fink defends energy investments amid criticism from ‘left and right’

(Reuters) - Larry Fink, chief executive of the world's biggest asset manager BlackRock Inc (BLK.N), on Wednesday defended his firm's energy investments after facing a backlash from lawmakers critical of its stance on environmental, social and governance (ESG) issues. "Facts are not important with some sub-groups in this country," Fink told attendees at the Institute of... Continue Reading →

AvenHexicon Gets Priority Rights to Develop Two Floating Wind Farms in Italy

The Swedish floating wind technology specialist Hexicon has obtained maritime priority rights for two offshore wind concessions in Italy, where it is operating through its joint venture, AvenHexicon Srl, with local partner Avapa Energy Srl.  Earlier this year, applications for both grid connections and Maritime Concessions were sent in.  AvenHexicon has now obtained priority rights for... Continue Reading →

Oceaneering secures $300 million in subsea robotics contracts

Oceaneering’s Subsea Robotics segment has won multiple contracts in the third quarter of 2022 with anticipated aggregate revenue of $300 million. The contracts are primarily for remotely operated vehicle (ROV) services delivered from floating drilling rigs and vessels for subsea equipment support, subsea intervention and construction. Included work scopes are also ROV tooling, survey, positioning... Continue Reading →

DNV: Offshore wind could grow 56-fold by 2050 and significantly contribute to green hydrogen production

Offshore wind capacity could grow 56-fold until 2050, driven by a growing need for decarbonisation and energy security, and decreasing costs. Regarding the latter, bottom-fixed and floating offshore wind levelised costs of energy (LCoE) are forecast to drop by 39 per cent and 84 per cent, respectively, according to the new Energy Transition Outlook from... Continue Reading →

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