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(Reuters) - The world's top central banks dominate the agenda next week with indications abounding that the aggressive pace of rate hikes might slow, but not yet fade away given price pressures. China publishes key economic data as Beijing loosens some of its strict COVID-19 shackles, while PMIs will provide a health check for the... Continue Reading →
Mainstream Renewable Power, Ocean Winds, and Statkraft have signed a memorandum of understanding (MoU) with Aker Solutions, to collaborate on offshore wind at the Utsira Nord license area in Norway. Mainstream, Ocean Winds, and Statkraft are in a consortium to pursue an application to develop floating wind power at the Utsira Nord license area in... Continue Reading →
(Reuters) France fell behind in rolling out wind farms despite vast resources, the chief executive of Engie, one of the country's main power and gas suppliers, said on Tuesday. "We have the second-largest European resources in terms of offshore wind in France and we have almost nothing today that generates power (with this wind)," said Catherine MacGregor at a... Continue Reading →
(Reuters) - Renewable energy firm Orsted (ORSTED.CO) on Tuesday said it intends to invest in a large-scale facility in Denmark to produce green hydrogen, considered a cornerstone of the shift to cleaner energy. The first stage of the investment in the so-called Power-to-X facility is estimated at somewhere between 1 and 5 billion Danish crowns ($141-$705 million),... Continue Reading →
(OED) UK-based offshore vessel operator North Star has secured a £140 million (currently around $171 million) financing package. The company, building a fleet of service operation vessels for offshore wind operations, said Tuesday it would use the funds to support the next phase of its ambitious offshore wind growth plan. The investment includes a £50... Continue Reading →
(Reuters) The Norwegian government plans to make its first awards in an offshore wind power tender by the summer or autumn of 2023, it said on Tuesday as it published long-awaited criteria for companies to take part in the bidding. The Nordic country, a major producer of oil and gas as well as hydropower, plans... Continue Reading →
KBR has won a contract to provide engineering services for an offshore energy storage project for CrossWind, a joint venture (JV) between Shell and Dutch utility company, Eneco. KBR will perform a front-end engineering design of the baseload power hub (BLPH) for the Hollandse Kust (north) wind farm located offshore the Netherlands. "KBR and Shell... Continue Reading →
SSE Renewables has informed that 75% of the jacket foundation substructures have been installed at the Seagreen offshore wind farm site. SSE Renewables is developing the wind farm in partnership with the French firm TotalEnergies. "We’re celebrating a new milestone at Seagreen, our joint venture wind farm project with TotalEnergies. 75% of the jacket foundation... Continue Reading →
(OE) The Dutch government on Friday said it would appoint gas grid operator Gasunie to oversee plans to develop a hydrogen network in the North Sea, Energy Minister Rob Jetten said in a letter to parliament. The Dutch government is due on Dec. 8 to debate in parliament over ambitious plans to shift much of... Continue Reading →
Thanks to the award of an integrated field support vessel (FSV) contract, Norway’s DOF Group has secured multiple new jobs in the Atlantic region with an undisclosed operator in West Africa. DOF disclosed on Monday that the duration of this contract is 365 days. However, the deal also entails optional 365 days. Under the terms of... Continue Reading →
Brazil Energy Insight 