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Jan 23 (Reuters) - European governments including Germany, Britain and Denmark will reinforce their plans to massively expand wind power projects on Monday, despite U.S. President Donald Trump stepping up criticism of their green energy agenda, a draft declaration due to be signed by government leaders showed. Trump has been openly critical of European countries'... Continue Reading →
Nov. 17 (OE) Allseas’ small modular reactor (SMR) technology could generate up to $150 million billion in economic value for the Netherlands and create as many as 40,000 new jobs by 2050, according to an impact study released on Monday by the offshore engineering group. The study, conducted by consultancy Roland Berger, found that deploying... Continue Reading →
Oct. 31 (Reuters) Dutch geological data specialist Fugro reported stronger-than-expected core earnings on Friday, but cautioned that worsening conditions in the offshore wind sector and tighter spending by energy firms could weigh on its performance in the final quarter. Third-quarter adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) fell 22% year-on-year to 108.6 million... Continue Reading →
Sept. 22 (Reuters) Dutch geological data specialist Fugro scrapped its annual outlook on Monday and announced further job cuts, citing an impact from project delays, sending its shares lower. Shares in Fugro were down around 11% to their lowest since March 2022 at 0705 GMT. The company said that projects in the offshore wind and... Continue Reading →
Sept. 17 (offshoreWIND.biz) The Dutch government will announce the return of subsidies for offshore wind this afternoon (16 September), during Budget Day, national media reports. According to news from the Netherlands, the government will earmark around EUR 1 billion to support offshore wind next year. The revived subsidy scheme – which was not employed over... Continue Reading →
(OE) The assembly of an offshore solar farm has been completed at the Port of Amsterdam in a ‘world’s first’ project that will integrate the system with an offshore wind farm in the North Sea, offshore Netherlands. The system, supplied and built by Oceans of Energy, is larger than a football field and is set... Continue Reading →
(offshoreWIND.biz) Citing deteriorating market conditions, the Dutch government has delayed tenders for two offshore wind farms and will instead open a tender for one location in the North Sea later this year. The tenders for IJmuiden Ver Gamma-A and IJmuiden Ver Gamma-B were scheduled for the third quarter of this year. However, due to deteriorating market conditions... Continue Reading →
(Reuters) Dutch oil and gas services firm SBM Offshore reported a 27% rise in its first-quarter revenue on Thursday, boosted by strong performance across all its segments, particularly in its turnkey unit. The Amsterdam-listed firm, which provides floating production services to the offshore energy industry, posted a quarterly directional revenue of $1.10 billion. SBM Offshore... Continue Reading →
(Reuters) The Dutch government is looking to reintroduce subsidies in its tenders for offshore wind farms, as prospective bidders are backing out of the current "zero subsidy" model. The Netherlands has managed to attract builders for its offshore wind farms without offering subsidies on electricity prices since 2017, but interest has waned due to rising... Continue Reading →
(oilprice.com) Germany’s biggest utility RWE will supply green hydrogen to France’s oil and gas supermajor TotalEnergies in a 15-year deal from 2030, in one of the largest such agreements globally. RWE to supply around 30,000 metric tons of green hydrogen annually to TotalEnergies from 2030 to 2044, the German utility giant said on Wednesday. The green hydrogen... Continue Reading →
Brazil Energy Insight 