(Reuters) - The trading arm of Russia's Lukoil, Litasco, has moved part of its operations to Dubai over the last few months as European sanctions on Moscow push traders to neutral territory, according to trade sources familiar with the matter. Litasco, based in Switzerland, has moved at least 15 people to Dubai where it previously... Continue Reading →
UK: The Crown Estate Gives Update on Celtic Sea Floating Wind Seabed Leasing Process
(OE) The Crown Estate for England, Wales, and Northern Ireland has updated developers on the design of the tender process for seabed leasing for floating wind energy in the Celtic Sea. The Celtic Sea program is intended to provide 4GW of renewable energy capacity by 2035, with the region assessed to have the economic potential... Continue Reading →
Eneva negotiates entry into offshore natural gas fields in Sergipe
(epbr) Eneva is considering buying stakes in large offshore natural gas discoveries in the Sergipe-Alagoas Basin. The epbr agency found that the agreement is not yet closed, but Eneva's interest is to enter the assets, under Petrobras operation, to increase the share of national gas available in its commercialization and development of new business portfolio.... Continue Reading →
Bekaert Invests in Smart Mooring Solutions for Floating Wind Farms
Bridon-Bekaert Ropes Group has said it has concluded an investment and commercial partnership with TFI Marine, Dublin, Ireland, to accelerate the go-to-market of digital-enabled mooring solutions for floating offshore wind farms. "As part of this strategy, Bekaert today announces an equity investment in TFI Marine (Technology from Ideas), a leading mooring innovator, which has responded... Continue Reading →
California Step Closer to Morro Bay Floating Wind Lease Sale
(OW) The US Bureau of Ocean Energy Management (BOEM) has issued a finding of no significant impacts (FONSI) to environmental resources from potential offshore wind energy leasing activities in the Morro Bay Wind Energy Area (WEA), located off the coast of San Luis Obispo County in central California. On 5 October, the Bureau announced it... Continue Reading →
DORIS, Hyundai Heavy Win Floating Wind Farm Engineering Deal in South Korea
(OE) A consortium between the offshore engineering firm DORIS and the Korean shipbuilding and offshore engineering giant Hyundai Heavy Industries has won a Front-End Engineering Design (FEED) contract for a floating wind project in South Korea. The contract has been awarded by Corio Generation and TotalEnergies for their Ulsan Gray Whale 3 Offshore Wind Farm... Continue Reading →
Allseas vessels to lay Southeast Gateway gas pipeline offshore Mexico
(OM) TC Energy has contracted Allseas to install a 36-inch offshore pipeline delivering gas to southeast Mexico. The Southeast Gateway line will run about 700 km south along the coast from Tuxpan connecting the ports of Coatzacoalcos and Dos Bocas. This is also the first major natural gas infrastructure project commissioned by the alliance between TC Energy... Continue Reading →
Floating offshore wind can achieve cost parity with fixed-bottom solutions by early 2030s: Equinor
(U) Norwegian energy giant Equinor believes that floating offshore wind can be cost comparable with bottom-fixed wind arrays within around a decade. “We believe that cost parity with fixed bottom wind can be achieved in the early 2030s, but you really need to go at scale – that’s the way to go with floating wind... Continue Reading →
SSE, Equinor plan 1.3 GW Dogger Bank D offshore wind project
SSE Renewables and Equinor are looking into building what would be the fourth part of Dogger Bank Wind Farm, the world’s largest offshore wind farm, whose three phases (A, B and C) are currently under construction. Surveys are now underway at an offshore site where the partners want to develop Dogger Bank D, which would... Continue Reading →
Dutch FPSO Specialist to Test Its Floating Wind System in Norway
The Norwegian Marin Energi Testsenter (METCentre) and the Netherlands-based floating production specialist Bluewater have signed an agreement for a berth option to deploy an innovative floating wind system, offshore Norway. The system is planned to be installed in the North Sea offshore Karmøy, Norway and will produce renewable energy into the Norwegian electricity grid. Bluewater,... Continue Reading →