(RE) Hexicon has teamed up with Avapa Energy to form a joint venture in Italy to develop floating wind projects in Italian waters. AvenHexicon is a 50:50 JV, which will have Hexicon license its patented technology for use in projects and for use by third parties. Hexicon said it has been looking for a partner... Continue Reading →
Brazil’s Petrobras partners with Vibra Energia to test new renewable diesel
(Reuters) - Brazilian state-run oil company Petrobras has partnered with fuel distributor Vibra Energia SA (VBBR3.SA) to test its new renewable diesel made partly from edible oils, it said in a statement on Tuesday. Petroleo Brasileiro SA (PETR4.SA), as the company is formally known, said the fuel will be tested starting next month by fleet owner Auto Viacao... Continue Reading →
Floating Offshore Wind: Attention Turns Subsea for Power Transport
From being an ugly duckling, floating offshore wind is now the Cinderella of the offshore renewables world. Attention is now being paid to floating and even subsea substation concepts to help bring this power to shore. (OE) Over the past year, expectations around the growth in the floating offshore wind development have grown, significantly. Many... Continue Reading →
TGS, Cognizant to roll out data ecosystem for renewable energy players
Norwegian seismic player TGS and American IT services company Cognizant have expanded their partnership to build a digital platform for delivering comprehensive data to energy companies. As described, the SaaS-based New Energy Solutions (NES) ecosystem will focus on bringing comprehensive data and insights to energy companies across five segments: carbon storage, geothermal, deep-sea minerals, wind... Continue Reading →
Offshore Wind Market Set to Accelerate in North America
While many challenges remain to deliver the full promise of U.S. offshore wind, so too do opportunities. Robert Galinski, DNV’s Offshore Wind Director, Americas discusses the pace and direction of the U.S. offshore wind market from the perspective of class. (OE) While Robert Galinski has served as DNV’s Offshore Wind Director, Americas, for just about... Continue Reading →
Prysmian Wins $900M U.S. Offshore Wind Contracts
Italian subsea power cable maker Prysmian said Friday it had secured contracts worth $900 million in the U.S. offshore wind market. Both projects have been awarded by Vineyard Wind, a joint venture between Avangrid Renewables and Copenhagen Infrastructure Partners (CIP)- Worth around $300 million, the first cabling project will connect the 804 MW Park City... Continue Reading →
World’s first offshore hydrogen storage concept unveiled
Tractebel and partner companies have developed what they describe as the world’s first offshore infrastructure and processing facilities concept for the storage of hydrogen in offshore caverns. The design study, unveiled by Tractebel Overdick GmbH, is said to outline an innovative solution for large-scale hydrogen storage on the high seas: a scalable offshore platform for... Continue Reading →
Offshore Wind to Require Ocean Space the Size of Italy by 2050
By mid-century, offshore wind will require ocean space which is equivalent to the landmass of Italy, and the industry will by then account for half of all the capex in the Blue Economy, according to DNV’s Ocean’s Future to 2050 report. "The exponential growth of offshore wind power will be the main driver of a... Continue Reading →
Industry players looking into eco-friendly seismic data collection
Equinor, Lundin, Shearwater GeoServices and Vår Energi have established a joint industry project seeking to develop a more environmentally friendly method for seismic data colletion. The goal of Project BASS is to develop a new low-impact acoustic source and seeks to produce a higher technological accuracy and improved seismic data quality for locating, quantifying and... Continue Reading →
ABS Grants AiP for Bassoe Technology’s Floating Wind Turbine Foundation
American Bureau of Shipping (ABS) has granted Approval in Principle (AIP) to Bassoe Technology for its T-Floater floating wind turbine foundation design. The foundation is designed to carry a 10 MW turbine in the harsh conditions of the North Sea. With three columns and T-shaped pontoons to allow transport of multiple T-Floater hulls on a... Continue Reading →
Brazil Energy Insight 