Black & Veatch Completes Feasibility Study for Colombia’s New LNG Terminal

(OE) Black & Veatch has completed a feasibility study for the planned Andes Energy Terminal, a liquefied natural gas (LNG) regasification terminal and power plant. The study assessed site suitability, project design requirements, capital and operating costs, financial viability, financing options, climate resilience, and implementation and construction plans. Beginning with a site assessment that focused... Continue Reading →

May 13, 2024 0

US faces ‘learning curve’ with offshore wind, says Atlantic Shores exec

(OffshoreMagazine)Rain Byars, technical and delivery director with Atlantic Shores Offshore Wind, provided a developer's perspective on US offshore wind during her keynote session on May 7 at the Offshore Technology Conference (OTC). The dedicated offshore wind thread was a first at OTC this year. Byars has 14 years of experience in offshore wind, and prior to... Continue Reading →

May 10, 2024 0

BW Ideol Presents Standard Floating Wind Foundation for Mass Production

(OE) BW Ideol has unveiled its standardized foundation for floating offshore wind, ready for mass production to accommodate the needs of the growing sector. With over 22 GW already awarded in Scotland, around 8 GW in the USA, and several GW currently being awarded or in the tendering phase elsewhere in the world, floating wind... Continue Reading →

April 25, 2024 0

US Plans 12 Offshore Wind Auctions Over Five Years

(Reuters) President Joe Biden's administration unveiled plans on Wednesday to hold up to a dozen auctions of offshore wind development rights through 2028, including four before the end of this year. The schedule will help companies, states and others plan for projects that require massive amounts of investment and infrastructure, the Interior Department said in... Continue Reading →

April 24, 2024 0

Vestas and Maersk to Build Offshore Wind Logistics Base in South Korea

(OE) Vestas has signed a memorandum of understanding (MoU) with A.P. Moller-Maersk, Jeonnam Province, and Mokpo City to build an offshore wind hub in Mokpo City in the Jeonnam Province, South Korea. Under the MoU, the parties will work together with the aim to establish a nacelle manufacturing plant and logistical base for offshore wind... Continue Reading →

April 22, 2024 0

Plans Submitted to Link 6 GW of Offshore Wind Farms to New Jersey Grid

(offshoreWIND.biz) National Grid Ventures (NGV) and Con Edison Transmission have submitted plans for building a transmission infrastructure that will connect offshore wind power to the New Jersey electricity grid. The project, named the Garden State Energy Path, proposes laying underground cables that will enable the delivery of approximately 6 GW of offshore wind power from... Continue Reading →

April 5, 2024 0

Macquarie Unit, Corio Generation, Is Leading $50 Billion Investment in Offshore Wind

(Bloomberg) -- Macquarie Asset Management is making a $50 billion bet on offshore wind after sidestepping a perfect storm of low power prices and cost inflation that forced many competitors to walk away. Corio Generation Ltd., the fully owned offshore wind unit of the Australian financial giant, along with partners including TotalEnergies SE, plans to... Continue Reading →

April 3, 2024 0

State of Ceará maps investments in infrastructure to attract offshore wind and hydrogen

(epbr) The Porto do Pecém has started studies to identify what investments will be needed in the infrastructure of the port complex to attract investments for offshore wind and green hydrogen projects for Ceará, said the Secretary of State for International Relations, Roseane Medeiros . “Because, obviously, these investments [in renewable projects] are private investments.... Continue Reading →

March 30, 2024 0

Mistakes made by other countries in offshore wind are lessons for Brazil, says CEO of Corio

(epbr) In the opinion of Corio Generation's global CEO, Jonathan Cole, Brazil can learn from the challenges faced by offshore wind farms around the world, which have suffered from cancellations and delays of some projects and the failure of auctions, in countries such as the United States and the United Kingdom. The company hopes to... Continue Reading →

March 30, 2024 0

Acteon acquired by private equity investors

(OM) Acteon Group, an offshore energy infrastructure services business, has been acquired by private equity investors Buckthorn Partners and One Equity Partners (OEP). With this business investment, Buckthorn and OEP said they aim to "improve Acteon’s standing with suppliers and customers and enable it to compete even more strongly in its core markets." The investors’ said... Continue Reading →

March 28, 2024 0

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