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Oct. 6 (offshoreWIND.biz) The European Marine Energy Centre (EMEC) has secured GBP 3 million (approximately EUR 3.5 million) from UK Research and Innovation (UKRI) to advance the development of DeepWind, a planned floating and deepwater offshore wind test site in Scotland. The two-year funding, awarded through the UK government’s Infrastructure Fund, will support engineering, environmental,... Continue Reading →
Oct. 6 (oilprice.com) Centuries ago, the untamed jungles of Venezuela’s Orinoco Basin helped power the myth of El Dorado, a city made entirely of gold. But for the new adventurers staking a claim in the country’s black gold instead, there is no myth involved, but rather the world’s largest crude oil reserves of 303 billion... Continue Reading →
Sept 30 (Reuters) - A French and German delegation travelled this month to Brasilia, where intelligence officials briefed them on alleged US and Russian interference before Brazil's election, according to sources and documents seen by Reuters. Officials from Abin, Brazil's spy agency, "confirmed the existence of interference from the United States as well as Russia,"... Continue Reading →
Sept. 28 (splash247.com) Cargo drones have moved beyond short demonstrations into sustained offshore operations, with RWE and Ampelmann completing more than 250 drone flights during a six-week maintenance campaign at the Triton Knoll wind farm off the UK. More than nine tonnes of tools, spare parts and safety equipment were transported between a service operation... Continue Reading →
Sept. 10 (oilprice.com) The oil and gas supply shock amid the Middle East conflict has accelerated cumulative global investments in clean hydrogen to above $130 billion across more than 570 projects, as energy security has become a key driver of uptake alongside industrial growth and decarbonization targets, the Hydrogen Council said in a new report... Continue Reading →
Sept. 8 (offshoreWIND.biz) Standardizing turbine designs and securing predictable project pipelines could reduce the average lifetime cost of electricity from North Sea offshore wind by up to 28 per cent by 2050 in a high-volume scenario, a study led by DNV has shown. DNV led the joint industry project (JIP) with eight companies across the... Continue Reading →
Aug. 17 (OE) As the market moves toward the end of the summer season in the northern hemisphere, several offshore support vessels are expected to roll off their contracts over the coming months. Shipowners are thus already positioning tonnage for the winter and next summer season. The CSOV market has remained tight over the past... Continue Reading →
Aug. 13 (Estadao) Seatrium, a marine engineering multinational expanding its global offshore wind operations, sees Brazil as a market ripe for development and hopes to leverage its local infrastructure to manufacture substations and vessels dedicated to the sector. However, the company is making any planning contingent on the maturation of the legal framework. It has... Continue Reading →
Aug 13 (Reuters) - Danish offshore wind farm developer Orsted reported on Thursday a second-quarter core profit above forecast and maintained its financial outlook for the year. Orsted expanded rapidly over the past decade, but more recently faced higher costs from supply chain disruption and inflation, and faces regulatory challenges in the United States, where President... Continue Reading →
Aug. 11 (Forbes) An innovative pilot project in the Netherlands - focused on energy transition solutions - has reached a milestone moment of producing its first batch of green hydrogen on an active natural gas platform in the North Sea. The project - PosHYdon - led by a consortium of partners with support of the Dutch Ministry... Continue Reading →
