Can Floating Wind Farms Exist in Harmony with Marine Life, Other Industries? RWE Launches Competition to Find Out

(OE) German energy firm RWE has launched its first global “Floating Wind Co-use Competition”, as it is looking for solutions to promote the co-existence of floating wind farms with other sea users and biodiversity enhancement.  Sven Utermöhlen, CEO RWE Offshore Wind: “We are one of the world leaders in offshore wind and are diligently working on... Continue Reading →

Bill Expediting California’s Offshore Wind Development Signed into Law, New Legislation Said to Cut Permitting Timeline by Five Years

(OW) California’s Governor Gavin Newsom signed two new offshore wind bills into law on 7 October. Coming into effect on 1 January 2024, the Offshore Wind Expediting Act (bill SB 286) is set to shave five years off of the offshore wind permitting timeline, while under the California Offshore Wind Advancement Act (bill AB 3),... Continue Reading →

Petrobras on reserves of the Equatorial Margin

Petróleo Brasileiro S.A. – Petrobras, in relation to media reports on the existence of reserves of 5.6 billion barrels of oil in blocks of the equatorial margin in the Amazon region of Amapá, clarifies that the company does not inform or make public the volumetric potential in exploratory areas. As disclosed on 05/18/2023, Petrobras is... Continue Reading →

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