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 →
Equinor Sticks to Renewables Profit Goal
(Reuters) Norwegian energy firm Equinor's renewables business faces rising supply chain bottlenecks and strong rivalry for new projects, but will not compromise on its 4-8% investment return target, the head of the unit told Reuters. While still largely an oil and gas producer, state-controlled Equinor is investing heavily in offshore wind, securing permits in Britain,... Continue Reading →
UK: ORE Catapult, NZTC Team Up to Help Power Oil & Gas Platforms with Floating Wind
(OE) The UK-based Offshore Renewable Energy (ORE) Catapult and the Net Zero Technology Centre said Thursday they'd examine potential pathways for the delivery of innovative floating offshore wind technology integrated with existing energy infrastructure, as part of their five year collaboration under the Energy Transition Alliance banner. According to the partners, the WINTOG program will... Continue Reading →
New JV Eyes Floating Wind Projects in Sweden, Finland
Offshore wind developers Eolus and Simply Blue Group have created a joint venture, SeaSapphire, under which they plan to develop floating offshore wind farms in the Baltic Sea. SeaSapphire is starting the early development of four commercial scale floating offshore wind farms in the Baltic Sea – two projects in Sweden and two in Finland.... Continue Reading →
Thirteen Firms Team Up to Develop Next-gen Floating Wind Tech
(OE) Technip Energies is leading a 13-partner consortium that is working to roll out the next generation of floating wind technology "for a competitive, more scalable and industrial deployment." The initiative, called NextFloat, launched in Paris earlier this month, and includes Technip Energies as project coordinator, X1 Wind, Naturgy, 2B Energy, Hellenic Cables, Technical University... Continue Reading →
How is the transition to renewables faring in the midst of a global energy crisis? Long read
(OET) In the aftermath of COP27, which took place against the backdrop of the first true global energy crisis, many argued that little progress was made on the phasing out of fossil fuels. This was justified by the need to strengthen energy security, protect consumers at the pump, and avoid a global recession. In light... Continue Reading →
Shell, Hexicon JV Selects Vestas’ 15MW Turbines for S. Korea Floating Wind Project
(OE) MunmuBaram, a joint venture between Shell and Swedish floating wind technology developer Hexicon Hexicon, has named the wind turbine maker Vestas as the preferred turbine supplier for the 1.3 GW MunmuBaram floating offshore wind project in South Korea. If the project materializes, Vestas will supply and install 84 units of the V236-15.0 MW turbine... Continue Reading →
Mainstream, Maple Power to Bid for Celtic Sea Floating Wind Farm Rights
Mainstream Renewable Power ("Mainstream"), a renewable energy company majority-owned by Aker Horizons, and offshore wind developer Maple Power are jointly exploring the upcoming Celtic Sea Floating Offshore Wind Tender in the UK, which will be launched in 2023. Maple Power Ltd is a 50:50 joint venture between Enbridge Inc. and Canada Pension Plan Investment Board... Continue Reading →
Celtic Sea Cluster Launches Strategy to Maximize Floating Wind Tech Benefits for Wales and South West England
(OE) The Celtic Sea Cluster, formed last year Welsh Government and Cornwall and Isles of Scilly Local Enterprise Partnership to help drive market creation for floating wind, has now launched its new Regional Strategy, outlining how Wales and South West England can maximise the economic benefits of floating offshore wind technology, in line with the... Continue Reading →
IberBlue files plan for floating wind development offshore Spain
(OM) IberBlue Wind plans to develop its first offshore wind project off the Iberian Peninsula offshore Andalusia, southern Spain. The Nao Victoria floating wind farm was named after the ship of the Magellan-Elcano expedition that completed the first circumnavigation of the Earth in the 16th century. The wind farm will stretch across a 310-sq-km area in the Alboran... Continue Reading →