All Eyes on EU as It Presents Clean Industrial Deal to Future-Proof Energy Sector

(offshoreWIND.biz) The European Union has unveiled the Clean Industrial Deal, a transformational business plan outlining concrete actions to turn decarbonisation into ‘a driver of growth‘ for European industries by supporting renewable energy sources. Specifically, the plan aims to lower energy prices, create ‘quality’ jobs and the ‘right’ conditions for companies to thrive, accelerating decarbonisation while at... Continue Reading →

February 28, 2025 0

Apollo to Progress Design for Repurposing of Oil Platforms for Hydrogen Production

Engineering and energy advisory consultancy Apollo has secured Phase 2 concept definition contract from Net Zero Technology Centre (NZTC) for the Hydrogen Offshore Production (HOP2), which aims to progress the design of 500MW offshore hydrogen production facility for HOP2. The second phase of the project builds on Apollo’s earlier work, and aims to further develop... Continue Reading →

February 26, 2025 0

Brazil emerges as a destination for green investments after the U.S. shift

by Gabriel Chiappini (exios.com.br) The review of the incentive policies of the Inflation Reduction Act (IRA) in the United States and the withdrawal of the world's largest economy from the Paris Agreement, under the Donald Trump administration, opens up new opportunities for Brazil to attract investments in green projects, such as wind generation and green... Continue Reading →

February 17, 2025 0

Denmark to halt offshore wind tenders to revamp subsidy model

(Reuters) - Denmark will halt all ongoing offshore wind tenders as the existing framework where no subsidies are offered does not work under current market conditions, its energy minister said on Friday. The global offshore wind industry has been hit by surging costs, rising interest rates and supply chain bottlenecks. Denmark said in December that its latest... Continue Reading →

January 31, 2025 1

Approval Granted for Modec/Toyo Blue Ammonia FPSO

MODEC and Toyo Engineering have jointly obtained an Approval in Principle (AiP) from ABS for a Blue Ammonia FPSO that will produce ammonia from the gas supplied by a traditional FPSO located nearby. Blue ammonia is produced from hydrocarbons where the CO2 emitted during production is sequestrated. The Blue Ammonia FPSO will use gas which... Continue Reading →

January 30, 2025 0

Global energy transition investment exceeded $2 trln last year, report shows

(Reuters) - Global investment in low-carbon energy transition exceeded $2 trillion for the first time last year, a report by BloombergNEF showed on Thursday. WHY IT'S IMPORTANT Countries around the world are investing in and developing cleaner sources of power and infrastructure to meet climate targets under the Paris Agreement but many experts say the... Continue Reading →

January 30, 2025 0

Brazil’s onshore wind power sector slows in 2024, growth to resume in 2027

(Reuters) - Brazil's wind power sector lost steam in 2024, local association ABEEolica said on Friday, noting that it expects continued downward pressure before growth resumes in 2027. WHY IT'S IMPORTANT Renewable power supply surged in Brazil in recent years on hefty government incentives and subsidies, but demand did not expand as quickly and the... Continue Reading →

January 17, 2025 0

Port of Açu and Yamna announce agreement to reserve an area for the development of a green ammonia plant

(TN) Port of Açu and Yamna, an English company specialized in the production of green hydrogen and its derivatives, have signed an agreement to reserve an area in the low-carbon hub of Port of Açu, located in the North of Rio de Janeiro, for the implementation of a green ammonia plant. The port complex is... Continue Reading →

January 8, 2025 0

Harnessing cutting-edge technologies to shape next-generation FPSO future

(offshore-energy.biz) The global offshore energy industry’s floating production solutions have come a long way from their humble beginnings and seem to be poised to continue their evolution driven by the need to tap deeper into challenging offshore environments buttressed by growing energy demand, rising security of supply concerns, and increasing climate change prompts to pivot... Continue Reading →

January 2, 2025 0

Brazil MME announces the selection f 12 projects for the creation of Hydrogen Hubs

(PN) The Ministry of Mines and Energy (MME) announced the selection of 12 low-carbon hydrogen hub projects for the decarbonization of Brazilian industry. The projects chosen in the public call notice were presented by the following companies: CSN Group, EDP Renováveis Brasil, Neoenergia, Atlas Agro, Petrobrás, Prumo Logística, Copel GET, Solatio Holding Gestão de Projetos... Continue Reading →

December 26, 2024 1

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