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(OW) BP is advertising a new opening in its offshore wind business, this time looking for the Head of Floating Offshore Wind, who will develop and lead its global floating offshore wind team from BP’s base in the UK. The company participated in public discussions on California’s (floating) offshore windBP is also exploring floating wind as... Continue Reading →
(Reuters) - Petroecuador expects to soon award a contract to expand production from the country's vast Amistad offshore gas field, Ecuadorean state oil firm company said late on Thursday. Following failed previous attempts to find an investor, Petroecuador in June launched a new competitive process to select a contractor for Amistad, in the Gulf of... Continue Reading →
Marine Power Systems from the UK is working with WavEC from Portugal to set up its modular floating offshore wind platform in the north of Portugal. "Floating offshore wind is increasingly featuring in government decarbonization targets around the world and Portugal is no exception. The Portuguese government has shown its commitment to offshore wind with... Continue Reading →
Elaine Maslin, Contributor UK industry players are eying the development of 132kV dynamic array cables to meet the demands of ever larger turbines, but there are calls for standards to be agreed before they invest. The need for 132kV cables is being driven by the growth is turbine capacity to 15MW and beyond, with 20MW turbines... Continue Reading →
Elaine Maslin, Contributor (OE) Industry interest in floating offshore wind in the UK has seen rapid growth, but a race to the bottom in terms of cost, as well as port and manufacturing capacity, could mean targets are not met and challenge the long-term sustainability of the industry. These issues were raised at the sell-out Floating... Continue Reading →
(RE) A vast network of long-distance shipping and pipeline routes will be built by 2050 for the trading of just over 60% of the world’s hydrogen supply, according to a new report by Hydrogen Council and the consulting firm McKinsey. In a “cost-optimal world”, half of the 400 million tonnes of H2 they expect to be... Continue Reading →
Energy intelligence group Westwood said Tuesday it saw skyrocketing offshore wind growth with 135 GW of new capacity on offer to developers, equivalent to nearly 2.5 times today’s 55 GW market. This is bolstered by new market expansion with over 20 GW of leases up for grabs in countries that have not previously held a... Continue Reading →
Fifteen years and R$ 20 billion later, Porto do Açu, a mega-complex port-industry is already among the ten largest in the country in terms of cargo handled. It has already contracted over R$ 22 billion in investments over the next five years. Prumo Logística, owner of the venture, controlled by the American fund EIG, is... Continue Reading →
Crowley has completed the purchase of 42 acres in Salem, Massachusetts, the latest milestone toward the development of the state’s second major offshore wind port terminal. The Salem Harbor Wind Terminal is a public-private partnership between Crowley and the City of Salem, with AVANGRID serving as the port’s anchor tenant through its Commonwealth Wind and... Continue Reading →
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