(offshoreWIND.biz) The Norwegian Ministry of Energy has notified the European Free Trade Association’s (EFTA) Surveillance Authority (ESA) of the support model for a floating wind project in the Utsira Nord area and expects to open the tender for the area as soon as ESA has approved the model. The tender will be carried out in... Continue Reading →
Equinor Sets Up New Business Unit to Exploit Rising Power Demand
(OE) Equinor has established a new business area, combining renewables with its gas-to-power and energy storage units as it aims to capitalize of rising power demand. The announcement comes in response of growing power demand from electrification of society and industry, expansion of artificial intelligence (AI) and data centers, according to Equinor. The new power... Continue Reading →
Aker Solutions Introduces Three Floating Wind Foundation Designs
(OE) Aker Solutions has unveiled three floating wind foundation designs – the YFloat, CONFloat-Omega, and CONFloat-7C – engineered to maximize energy production, simplify construction and reduce maintenance. All three have passive ballast systems and the capability of supporting turbines that are 15 MW and larger. The YFloat is an advanced steel floating substructure meticulously designed to provide... Continue Reading →
Corio Generation to Reorganise Amid Offshore Wind Market Headwinds
(offshoreWIND.biz) Corio Generation, a standalone portfolio company of Macquarie Asset Management, plans to restructure its offshore wind development business to focus on a smaller portfolio of projects. A spokesperson for Corio Generation said: “Given challenging market conditions in the offshore wind sector, Corio Generation is refocusing its global operations to prioritise the development of a smaller portfolio of... Continue Reading →
Celtic Sea Floating Wind Seabed Leasing Round Moves to Final Stage
(offshoreWIND.biz) On 7 April, The Crown Estate announced that the plans for a new generation of floating wind farms off the coasts of Wales and South West England moved a step closer as the leasing round for three sites in the Celtic Sea entered its final stages. Additionally, the companies bidding to build the projects... Continue Reading →
UK Grants Development Consent for Rampion 2 Offshore Wind Farm
(OE) The government of U.K. has approved 1.2 GW extension to Rampion offshore wind farm, Rampion 2, off the Sussex coast. The Development Consent Order (DCO) for the Rampion 2 offshore wind farm project, an extension to the existing Rampion wind farm nearby, is being led by global renewables company RWE, on behalf of joint... Continue Reading →
Mexico’s finance ministry estimates crude oil production 129,000 bpd below target
(Reuters) - Mexico lowered its estimate for average crude oil production for this year by 129,000 barrels per day (bpd), citing a "prudent approach" that takes into account the trajectory of the first months of the year. This would bring the country below the ambitious 1.8 million bpd target set by President Claudia Sheinbaum. In... Continue Reading →
Petrobras to present development plan for Sergipe Deep Waters by the end of April
(eixos) Petrobras is expected to present the development plan for the ultra-deep water project to produce oil and gas in Sergipe, the Sergipe Deep Waters (Seap), by the end of April, said the state-owned company's executive manager for Gas and Energy, Álvaro Tupiassu, during a meeting of the Oil and Gas Technical Chamber (CTGás) of... Continue Reading →
Portugal’s EDPR to auction 90 new wind turbines after pulling out of Colombia project: auctioneer
(Reuters) - Portugal's EDP Renovaveis will offer 90 new wind turbines at auction after pulling out of major Colombia wind energy projects, the website of industrial equipment auctioneer Escrapalia showed on Tuesday. The Vestas V162-5.6 MW turbines will be sold in an online auction, Escrapalia said. EDPR, the world's fourth-largest wind power producer, posted an unexpected net... Continue Reading →
Colombia’s Ecopetrol to invest up to $700 million in SAF production plant
(Reuters) - Colombia's state-run energy company Ecopetrol plans to invest between $500 million and $700 million to build a plant to produce Sustainable Aviation Fuel (SAF) jet fuel, company's president Ricardo Roa said on Wednesday. The new plant, to be built at the Barrancabermeja refinery, will start its development phase between this and next year, Roa... Continue Reading →