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(offshoreWIND.biz) The global pipeline of floating offshore wind projects has expanded from 244 GW to 266 GW in the last twelve months, reflecting a nine per cent increase, according to a report published by RenewableUK. The number of global projects has increased from 285 to 316, with the pipeline including projects at various stages: fully... Continue Reading →
Renexia, through its subsidiary Renext Solutions, has signed a front-end engineering and design contract (FEED) with Aker Solutions to design the underwater substations for Med Wind project, a 2.8 GW floating wind farm in the Mediterranean Sea. Aker Solutions will work in close cooperation with its alliance partner ABB to deliver the project scope. The... Continue Reading →
(Reuters) Offshore wind farm developer Orsted has no Chinese turbines in its current project pipeline, its CEO said on Thursday, but did not rule out buying turbines or technology from China in the future. The European wind turbine market is dominated by local players such as Vestas and Siemens Gamesa, but Chinese turbine makers have... Continue Reading →
(OE) Italian classification and marine engineering consultancy RINA has issued two certifications for Saipem’s methodology of qualification of the performances of subsea hydrogen pipelines. One of the challenges of transporting hydrogen through converted or newly constructed pipelines is the risk of weakening materials. In response, Saipem has developed its own protocol to evaluate the performance... Continue Reading →
(offshoreWind.biz) Renexia, Mingyang Smart Energy and Minister Adolfo Urso from the Ministry of Enterprises and Made in Italy (MIMIT) have signed a memorandum of understanding (MOU) that will see the Chinese OEM producing wind turbines in Italy and supplying 18.8 MW wind turbines for Renexia’s Med Wind floating wind farm. The agreement includes a EUR... Continue Reading →
(Reuters) - After reporting a smaller than expected drop in second-quarter net profit, Italian energy group Eni promised to accelerate its share buyback and hinted at the possibility of nudging it up in the coming months. A stronger than anticipated performance at the group's upstream and Gas & LNG divisions supported results, while actions to streamline... Continue Reading →
(OE) Italian energy giant Eni has made a new oil and gas discovery in an exploration well in Block 9 in the Sureste Basin, offshore Mexico. The discovery was made on the Yopaat-1 EXP exploration well, approximately 63 kilometers off the coast in the mid-deep water of the Cuenca Salina. The preliminary estimates indicate a... Continue Reading →
(OE) Italian oil giant Eni has completed the sale of 10% of the share capital of Saipem, securing a little over $420 million (€393 million) in proceeds. The settlement of the transaction will take place on June 14, 2024, Eni sad. Following the placement, carried out through an accelerated bookbuilding aimed at institutional investors, Eni... Continue Reading →
Norwegian shipbuilder Vard has launched a 171-meter-long cable laying vessel (CLV) Monna Lisa, being built for Prysmian, marking another major milestone towards the delivery of the vessel, scheduled for 2025. Prysmian executives gathered at the VARD shipyard in Tulcea, Romania to celebrate the launching of the new CLV Monna Lisa, the sister ship to the... Continue Reading →
(OE) Saipem has been awarded three new contracts by TotalEnergies for the Kaminho project, relating to the development of Cameia and Golfinho oil fields offshore Angola, worth $3.7 billion. The first of the contracts, awarded by TotalEnergies' subsidiary TotalEnergies EP Angola Block 20, refers to the Engineering, Procurement, Construction, Transportation and Commissioning of the Kaminho... Continue Reading →
Brazil Energy Insight 