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(Reuters) A new set of factors beyond bidding price is gaining traction in global tenders to award licenses for offshore wind farms and will determine the winners and losers in a highly competitive industry, a new report by energy research firm Wood Mackenzie shows. "The focus is now shifting to multiple criteria to determine tender... Continue Reading →
Ireland-based floating wind developer Simply Blue Group on Thursday unveiled plans for two floating wind projects of a combined 4,75GW capacity offshore Sweden. The 2 GW Skidbladner floating wind project is located 100 km southeast of Stockholm and the 2.75GW Herkules floating wind project, is approximately 60 km Southeast of the Island of Gotland. Simply... Continue Reading →
(Reuters) - BlackRock Inc (BLK.N), JPMorgan Chase & Co (JPM.N) and other top financial firms have told a Texas official they are not boycotting energy companies, responding to a request for information that could determine if they are able to continue to manage state funds. The money managers are under pressure from a new Texas law that prohibits... Continue Reading →
Technip Energies and its affiliates Kanfa and Inocean on Wednesday launched a suite of carbon-free solutions for green hydrogen production called of GO.H2TM by T.EN. "Hydrogen is integral to the energy transition, and, building on its long-lasting hydrogen and offshore track record, Technip Energies is bringing expertise into green hydrogen to meet an increasing global... Continue Reading →
The President of Petrobras, José Mauro Ferreira Coelho, said that the state company is studying investing in offshore wind energy. “We are studying an alternative to capture offshore wind energy in deep and ultra-deep waters in a long-term project”, highlighted the executive at the Global Carbon Market Congress, held in Rio de Janeiro. “In 2020... Continue Reading →
(Reuters) - Germany, Belgium, the Netherlands and Denmark will on Wednesday sign a pledge to build at least 150 gigawatts (GW) of offshore wind capacity in the North Sea by 2050, enough to power 230 million European homes,said the Danish energy ministry. This would be an almost tenfold increase in the European Union's offshore wind... Continue Reading →
(Reuters) - Germany's Siemens Energy (ENR1n.DE) is mulling a bid to buy the third of Siemens Gamesa (SGREN.MC) it does not already own, the company said on Wednesday, hoping this will help it fix long-standing problems at the Spanish-listed wind turbine maker. Siemens Energy faces mounting shareholder pressure to seek control of Siemens Gamesa, in which it owns 67%,... Continue Reading →
(Reuters) - Brazil's newly appointed Mines and Energy Minister Adolfo Sachsida will face resistance at Petrobras (PETR4.SA) if he pushes to remove import costs from the state-run oil company's fuel price calculations, according to people familiar with the matter. Sachsida has supported the move as a way to ease pressure on consumer prices amid a surge in... Continue Reading →
(Reuters) U.S.-based oil producer Talos Energy has temporarily suspended pursuit of an arbitration claim against Mexico amid high-level talks over one of the country's flagship offshore projects, five people close to the matter said. The dispute erupted after Mexico selected state-run Petroleos Mexicanos (Pemex) as the operator of their shared 850-million-barrel Zama field ahead of Talos,... Continue Reading →
U.S.-based offshore oil and gas services firm Helix Energy Solutions Group is set to buy equity interests of Louisiana-baed Alliance group of companies for $120 million cash at closing, plus the potential for post-closing earnout consideration. Alliance is a Louisiana-based privately held company that provides services supporting the upstream and midstream industries in the Gulf... Continue Reading →
