Category: Energy

Oil & gas production uptick sets the scene for ‘solid’ financial performance as Equinor bolsters low-carbon shift with spike in renewables

( Offshore-energy.biz) The Norwegian state-owned energy giant Equinor has managed to maintain a stable net profit in the second quarter of 2024, registering a drop quarter on quarter but a slight increase compared to the same period last year, while the firm continued working on field developments and supplied hydrocarbons to Europe to increase the... Continue Reading →

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Rovco Wins Survey Work on Green Volt Floating Wind Farm Offshore Scotland

(offshoreWIND.biz) Rovco has been selected to conduct site characterization operations on the Green Volt floating offshore wind farm project in Scotland. UK-based company will focus on geophysical surveys in the offshore wind farm array area, offshore and nearshore export cable corridors, shallow Piezocone Penetration Test (PCPT), and vibrocoring. Rovco’s DP2 survey vessel Glomar Supporter will begin its... Continue Reading →

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TotalEnergies Buys Into RWE’s Dutch Offshore Wind Farm to Produce Green Hydrogen; Contracts Signed with Main Suppliers

(offshoreWIND.biz) RWE and TotalEnergies have entered into an agreement under which TotalEnergies will acquire a 50 per cent stake in RWE’s OranjeWind offshore wind farm in the Netherlands. TotalEnergies said it would use its share of the electricity from the 795 MW OranjeWind to produce green hydrogen. The new partners have now also taken the... Continue Reading →

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Neoenergia reports net profit of R$815 million in 2Q 24

(InfoMoney) Neoenergia (NEOE3) reported an increase in net profit for the second quarter of 2024, recording R$815 million, a growth of 12% compared to the same period of the previous year. The company attributes this result to cost control and optimization of operations. The company's adjusted Ebitda (Earnings before interest, taxes, depreciation and amortization) also... Continue Reading →

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Windcatcher Receives AIP from DNV

(OE) Wind Catching Systems announced its 40MW Windcatcher design has received approval in principle (AIP) from DNV. The objective of an AIP is to perform a third-party technical evaluation of a design to assess whether there are any conceptual showstoppers or rule compliance aspects that need improvement. As such, a successful AIP indicates the likelihood... Continue Reading →

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