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With more than $200 billion of greenfield investments expected by 2025, the offshore oil and gas sector is expected to get back in the spotlight, according to Rystad Energy, an energy market intelligence group. Rystad Energy’s research shows that annual greenfield capital expenditure (capex) broke the $100 billion threshold in 2022 and will break it again... Continue Reading →
Offshore installation company Ocean Installer has won a contract with Equinor for the installation of dynamic inter-array cables on Hywind Tampen in Norway. Hywind Tampen is the world’s largest floating wind farm and will be used to partially power Equinor's oil and gas platforms in the North Sea, offshore Norway. The wind farm is expected... Continue Reading →
(OE) Offshore wind organizations Norwegian Offshore Wind in Norway and JWPA in Japan signed an MOU in Tokyo to get business going between the two countries' offshore wind companies. "Both the Norwegian supply chain and developers are interested in the emerging Japanese market. Especially within floating projects, the potential for contracts is large," Norwegian Offshore... Continue Reading →
SSE Renewables, Marubeni Corporation, and Copenhagen Infrastructure Partners (CIP), the consortium behind Ossian floating offshore wind farm in Scotland, have awarded the contract for geotechnical investigations to Fugro and Ocean Infinity. The Netherlands-based Fugro will focus on downhole geotechnical sampling and in-situ cone penetration testing, while Ocean Infinity will focus on the seabed scope which... Continue Reading →
Welsh Ministers have granted a Section 36 consent with deemed planning permission to Blue Gem Wind consortium to build and operate the Erebus floating wind project. The news follows the recent decision by Natural Resources Wales to provide the joint venture between TotalEnergies and Simply Blue Group with a marine licence. Erebus is Wales’ first planned... Continue Reading →
German renewable energy company RWE has selected Siemens Gamesa's offshore wind turbines with recyclable blades for its Sofia offshore wind farm in the UK. Siemens Gamesa said it would supply 44 SG 14-222 DD (14MW) wind turbines with 132 recyclable blades. The order comes after, in 2022, RWE became the first commercial, large-scale offshore developer to install... Continue Reading →
(OE) The Belgian companies DEME, Tractebel, and Jan De Nul on Wednesday introduced a new harsh-environment offshore floating solar technology called SEAVOLT. According to the three firms, SEAVOLT technology (patent pending) can withstand harsh offshore conditions while creating large surfaces that are protected from the waves. "The modular design allows for easy adaptation to different... Continue Reading →
French transmission system operator RTE Réseau de Transport d’Electricité has started work to connect the country’s first floating offshore wind farm to the national grid. The laying of the export cable has started to connect the Eoliennes Flottantes du Golfe du Lion (EFGL) wind farm in the Mediterranean Sea to the French national grid. ”Initiated... Continue Reading →
The Crown Estate and Crown Estate Scotland have started the first round of formal engagement with developers on Carbon Capture Utilisation and Storage (CCUS). The two organizations, one responsible for the seabed around England, Wales, and Northern Ireland, the other for areas off Scotland, have issued a joint survey to industry stakeholders to explore and... Continue Reading →
(Reuters) John Wood Group said on Tuesday it was considering rejecting the latest buyout proposal from private-equity firm Apollo Global Management Inc, citing that the offer undervalued the British oilfield services and engineering company. The proposal by Apollo on March 6, after Wood rejected three previous proposals, was a cash offer valuing the company at... Continue Reading →
