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Philip Lewis, Contributor (OE) As we move into March, we note both positive and negative trends developing in the U.S. offshore wind segment. As an indication of the long-term sustainability of the offshore wind industry in the United States, federal agencies are finalizing the auction by the middle of this year of three Gulf of Mexico... Continue Reading →
(Bloomberg) – Colombians protesting the poor state of roads took more than 80 police officers and oil workers hostage after raiding an oil field owned by a unit of China’s Sinochem Group, according to local media reports. A policeman and a civilian are dead. Social media videos show how the unarmed police were placed in... Continue Reading →
Capital Link’s Jones Act webinar on Offshore Wind, moderated by lawyer Winston & Strawn’s Charlie Papavizas, provided good insights into the plans of leading U.S. participants in the sector. The panel offered an extremely positive view of the most exciting sector in Jones Act shipping at this time. Panelist Jeff Andreini of Crowley, which is involved... Continue Reading →
(OEM) Australia’s engineering company Worley has partnered with Princeton University’s Andlinger Center for Energy and the Environment to measure the indicators of change in the journey to net-zero by 2050, outlining that countries need to move from years to weeks to develop and build their low-carbon energy infrastructure to meet the net-zero challenge. According to Dr Fatih... Continue Reading →
(Reuters) - BP (BP.L) said on Tuesday it plans to invest up to 2 billion euro ($2.12 billion) by 2030 in its refinery in Spain to produce low-carbon hydrogen and biofuels. The British company aims to develop a large plant to produce 2 gigawatts (GW) of green hydrogen, which is produced by splitting water using renewable energy,... Continue Reading →
(OW) The Governor of Maine’s Energy Office has released the Maine Offshore Wind Roadmap, a stakeholder-driven comprehensive plan that is said to offer detailed strategies for Maine to realize economic, energy, and climate benefits from offshore wind, in conjunction with communities, fisheries, and wildlife of the Gulf of Maine. The Roadmap was developed over 18... Continue Reading →
Fugro has reported a revenue of €1.76 billion for the whole year of 2022, representing a 14.8 per cent growth in comparison to 2021, said to be due to a 42 per cent increase in offshore wind. Infrastructure and oil & gas were also up, with 7 per cent and 9 per cent respectively. Marine... Continue Reading →
Dutch General and Military Intelligence and Security Services (AVID and MVID) have sent a letter to the government together with an update on the latest insights into activities being covertly conducted by Russia, including those that are potentially being carried out in preparation for sabotage of the Dutch energy infrastructure in the North Sea. On... Continue Reading →
(OED) The floating offshore wind industry is in its early stages of development but is poised for rapid growth, with full commercialization possible in a little over a decade, according to a recent DNV survey. However, the industry faces challenges, including a lack of port infrastructure and anchor handlers, high cost, as well as an... Continue Reading →
(Reuters) Russia has in recent months tried to gain intelligence to sabotage critical infrastructure in the Dutch part of the North Sea, Dutch military intelligence agency MIVD said on Monday. A Russian ship has been detected at an offshore wind farm in the North Sea as it tried to map out energy infrastructure, MIVD head... Continue Reading →
Brazil Energy Insight 