(OWB) IberBlue Wind, the joint venture created to promote floating offshore wind farms in the Iberian Peninsula, has revealed its first project for Portugal – a floating offshore wind farm off the coast of Figueira da Foz. Called Botafogo, in honour of the Portuguese galleon that was built in the 16th century and became known... Continue Reading →
Guyana’s Shore Base Project Could Cut Shipping Costs by About 12%
(Reuters) Companies working on a $300 million logistics facility in Guyana that will support offshore oil operations said on Wednesday the shore base will help reduce shipping costs for supplies by as much as 12% by allowing larger supply vessels to dock. A consortium consisting of U.S. companies Exxon Mobil Corp and Hess Corp and... Continue Reading →
TotalEnergies, Corio Generation in JV to Develop Formosa 3 Offshore Wind Farms in Taiwan
(OE) TotalEnergies and Corio Generation have signed a joint venture partnership to develop the Formosa 3 offshore wind farms in Taiwan. Corio will remain the majority shareholder and lead developer with 50% plus 10 shares overall in project. The announcement comes after Taiwan’s Bureau of Energy confirmed in late December 2022 that Formosa 3’s Haiding... Continue Reading →
Shell and Ocean Winds’ US Offshore Wind Project Clears First Federal Permitting Step
The US Bureau of Ocean Energy Management (BOEM) has issued a Draft Environmental Impact Statement (DEIS) for the SouthCoast Wind project offshore Massachusetts, the 2.4 GW offshore wind project formerly known as Mayflower Wind, developed by a joint venture between Shell and Ocean Winds. BOEM will open a 45-day public comment period for the DEIS... Continue Reading →
Offshore Wind Industry Joining US Multi-State Plan for Northeast Clean Hydrogen Hub
Atlantic Shores Offshore Wind, a 50:50 US partnership between Shell and EDF Renewables, has joined the Northeast Clean Hydrogen Hub, a major multi-state initiative in the US that plans to develop a proposal to become one of up to 10 regional clean hydrogen hubs in the country. The developer of a 1.5 GW offshore wind project in... Continue Reading →
RWE, National Grid JV Bids for New York Offshore Wind Rights
(OE) A joint venture between RWE Renewables and National Grid called Community Wind has submitted a proposal to the New York State Energy Research and Development Authority (NYSERDA) to provide New York State with electricity from 1.3 GW of offshore wind capacity to power nearly 500,000 homes. The bid submission was in response to the... Continue Reading →
Eolus, PNE Partner Up to Develop 1GW Offshore Wind Farm in Latvia
Eolus and PNE have created a joint venture to develop the Kurzéme offshore wind project in Latvia. The wind farm will have a capacity of around 1 GW and is planned to start commercial operation before 2030. The project area is located in the Baltic Sea, off Latvia's west coast, and the wind farm will... Continue Reading →
Vessel Retrofits Could Accelerate U.S. Offshore Wind Development
The US Administration’s strategy to fast-track offshore wind development is exciting for overseas shipbuilders and service providers in the field. Joint ventures meeting Jones Act requirements will support accelerating development. Some question, however, whether ambitious 2030 targets can actually be achieved. Ulstein group is a front runner. The Norwegian-based company has already provided the design... Continue Reading →
RWE, National Grid JV begins New York Bight survey work
Community Offshore Wind, a joint venture between RWE Renewables and National Grid, has started its geophysical survey campaign in the New York Bight. The survey campaign, managed by Fugro, will study seabed conditions and potential export cable corridors within the project lease area. The data collected will help inform safe and responsible project design and... Continue Reading →
Equinor, BP JV Hires DEME for Offshore Wind Cable Installation in U.S.
(OED) Offshore installation services company DEME Offshore has won a "substantial" contract for the transportation and installation of the inter-array cables for the Empire Wind 1 and 2 offshore wind farms being developed in the U.S. by Empire Offshore Wind, a joint venture between Equinor and BP. For DEME, a substantial contract represents a value of... Continue Reading →