Technip Energies, X1 Wind, Partners to Deliver Important Floating Wind Project

The European Commission has chosen Technip Energies, X1 Wind, and a consortium of ten international entities, to deliver the NextFloat project, a program aimed at accelerating industrial-scale floating wind. NextFloat project's main objectives are to demonstrate a competitive, sustainable, and integrated floating offshore wind solution optimized for deep waters and to accelerate the industrial-scale deployment... Continue Reading →

July 18, 2022 0

Saipem’s board endorses first sustainability plan with “challenging objectives”

(OEM) The board of directors of Italy’s Saipem has approved the offshore drilling contractor’s first sustainability plan, which represents an integrated strategy that combines business and financial objectives with environmental, social and governance (ESG) criteria, enabling the firm to reach net-zero by 2050. Saipem revealed on Tuesday that its board of directors, chaired by Chairman Silvia... Continue Reading →

July 14, 2022 0

Brazil waking up to offshore wind and hydrogen potential – Long read

(Upstream) As the world begins the shift towards cleaner and more efficient sources of energy, Brazil's focus can sometimes seem to be fixed on fossil fuels. This is understandable, considering Brazil's pre-salt oil fields are capable of producing more competitively and, advocates say, with lower emissions than just about any other offshore province. In a... Continue Reading →

July 12, 2022 0

The State of Rio de Janeiro sees oil and gas industry as a competitive advantage for hydrogen and offshore wind

Rio de Janeiro is betting on the existence of a consolidated oil and gas industry as a competitive advantage for the state's energy transition towards offshore wind power generation and hydrogen production. The Rio de Janeiro government sees a potential to attract investment of around US$ 85 billion in offshore energy generation, but will wait... Continue Reading →

July 11, 2022 0

Intelatus Provides Snapshot of U.S. Offshore Wind Industry Progress

The U.S. offshore wind sector continues its journey to deploy 30 GW of offshore wind by 2030 and 110 GW by 2050, Intelatus Global Partners said in its July U.S. offshore wind report. Two major OCS projects with around 940 MW of capacity have reached FID and have started onshore construction, and seven projects are... Continue Reading →

July 6, 2022 0

Helix takes ‘meaningful step’ towards its energy transition model by closing Alliance deal

Houston-headquartered offshore energy services provider Helix Energy Solutions has completed the acquisition of Louisiana-based, privately-held Alliance group of companies, enabling it to expand its decommissioning presence in the Gulf of Mexico. Back in May 2022, Helix revealed that it had entered into a definitive agreement to acquire 100 per cent of the equity interests of the Alliance... Continue Reading →

July 5, 2022 0

EU plans hydrogen deal with Namibia as it pulls away from Russian energy

(Reuters) - The European Union is planning a deal with Namibia to support the country's nascent green hydrogen sector and boost its own imports of the fuel, EU and Namibian officials said, as the bloc works to reduce its dependence on Russian energy. Hydrogen has long been touted as a less emissions-heavy alternative to fossil... Continue Reading →

July 4, 2022 0

Amapa Aguas Profundas: new exploratory frontier for oil and gas in Brazil

(epbr) It is Petrobras' culture to develop petroleum frontiers of high geological complexity, demanding development and application of the most daring technologies. From the pioneering onshore exploration activities to the pre-salt layer, the company has stood out for creating innovative solutions to enable the exploration of these areas, helping to strengthen the national industry, energy... Continue Reading →

July 4, 2022 0

World’s first hybrid-electric anchor handler completes sea trials

Denmark-headquartered Maersk Supply Service has revealed that one of its anchor handling tug supply (AHTS) vessels, which is believed to be the world’s first hybrid-electric anchor handler, has completed sea trials offshore Norway, following upgrades. Maersk Supply Service has steadily been reducing its emissions since 2018 through a combination of initiatives, such as energy-efficient operations... Continue Reading →

June 30, 2022 0

Offshore wind industry growth falling short of net zero goals

(Reuters) - The global offshore wind industry had a record year in 2021 in terms of new capacity but is still projected to fall short of the International Energy Agency's net zero goals by 2030, a Global Wind Energy Council (GWEC) report said on Wednesday. More giant offshore turbines were installed in 2021 than in... Continue Reading →

June 29, 2022 0

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