Japanese utility, the Kansai Electric Power Company (Kansai), has joined the Source Galileo, Odfjell Oceanwind, and Vår Energi partnership which is developing a floating offshore wind project at the Goliat platform outside Hammerfest in Norway. Located approximately 95 kilometres from Hammerfest at a depth of 3-400 metres, the GoliatVIND floating offshore wind project could add... Continue Reading →
(Reuters) International energy companies, from Germany's RWE to Spain's Iberdrola, are urging Japan to beef up offshore wind power auctions and make investments more attractive, amid soaring installation costs as competition for suppliers grows worldwide. Although desperate to ease its heavy dependence on energy imports from the Middle East and Russia, Japan is coming late to offshore wind,... Continue Reading →
On the 21st of November, Damen Shipyards signed a contract with Ta San Shang Marine Co. Ltd. (TSSM), a joint venture between Mitsui O.S.K. Lines, Ltd. of Japan, and Ta Tong Marine Co., Ltd. of Taiwan, for the delivery of a Damen CSOV (Construction Service Operation Vessel) 9020. This will be TSSM’s second SOV in... Continue Reading →
(OET) Japan’s MODEC has joined forces with Terra Drone Corporation, a compatriot drone and urban air mobility (UAM) technology company, to pursue the technical development of inspection drones for floating production, storage, and offloading (FPSO) vessels and large offshore platforms. To this end, the two players signed a memorandum of understanding (MOU) on November 7, 2023. Currently,... Continue Reading →
(OW) Octopus Energy’s generation arm has launched a dedicated fund with Japan’s Tokyo Gas to invest GBP 3 billion (approximately EUR 3.5 billion) in offshore wind globally by 2030. The fund, set up with a GBP 190 million (about EUR 217 million) cornerstone investment from Tokyo Gas, will invest in the development, construction, and operational... Continue Reading →
(Reuters) - BP (BP.L) is seeking partners for offshore wind projects in Japan and may invest in hydrogen technology companies to tackle inflation and equipment bottlenecks that have battered the renewables sector. The oil major plans to expand in low carbon energy in the coming decades as it seeks a long-term business model that can survive the... Continue Reading →
(OE) Japanese FPSO leasing firm MODEC said Thursday that the first steel-cutting ceremony for the Guyana-bound FPSO Errea Wittu had been held in China. MODEC secured its first order to supply an FPSO to Guyana in May 2023. The order came from an ExxonMobil-led consortium and is for the deployment of the FPSO to the... Continue Reading →
(OW) Japan’s Marubeni has signed a memorandum of understanding (MoU) with the Department for Business and Trade of the UK Government on comprehensive cooperation in clean energy projects, including offshore wind and green hydrogen businesses in the UK. According to Marubeni, the MoU affirms the partnership between the UK Government and the company, indicating the... Continue Reading →
(OM) RenewableUK says the total number of floating offshore wind projects has increased over the past year from 230 to 285. The association’s latest EnergyPulse Insights report also found that 227 MW of floating offshore wind are fully operational across 14 projects in seven countries. Norway leads with 94 MW across three projects, followed by... Continue Reading →
Japanese shipping giant Mitsui O.S.K. Lines, Ltd. (MOL) has, following a recent private placement, become a shareholder in Odfjell Oceanwind, a Norwegian floating wind technology developer. "The transaction generates significant capital which will be used to further strengthening Odfjell Oceanwind’s position as a global leader and frontrunner in floating offshore wind technologies. Odfjell Technology Ltd.... Continue Reading →
