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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 →
(OW) The US offshore wind sector has gotten its new official guidance that can be used in the regulatory approval process. The document contains best practices and is said to help accelerate development of the offshore wind industry, shorten regulatory timelines, and increase worker safety. The American National Standards Institute (ANSI) Board of Standards Review... Continue Reading →
(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 →
The P-68 platform vessel, which operates in the Berbigão and Sururu fields, in the Santos Basin pre-salt, broke a daily production record on the 8th. According to a Petrobras statement, the platform produced a volume of 161,756 barrels of oil per day (bpd). This milestone was reached with the entry into production of the ninth... Continue Reading →
(Reuters) - Petroecuador expects to soon award a contract to expand production from the country's vast Amistad offshore gas field, Ecuadorean state oil firm company said late on Thursday. Following failed previous attempts to find an investor, Petroecuador in June launched a new competitive process to select a contractor for Amistad, in the Gulf of... Continue Reading →
Half of the 114 offshore wind turbines which will make up Scotland’s largest offshore wind farm, Seagreen, have now been installed in the North Sea off the east coast of Scotland, SSE Renewables said this week, adding that a record has been broken for the world's deepest fixed-bottom turbine installation, too. The construction campaign at... Continue Reading →
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 →
(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 →
