(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 →
TotalEnergies and RWE Agree One of the World’s Biggest Green Hydrogen Deals
(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 →
Global Offshore Wind to Rebound in 2025, Adding 19 GW of Capacity – Rystad Energy
(offshoreWIND.biz) According to research from Norway-headquartered Rystad Energy, the global offshore wind industry is set for a rebound in 2025, with capacity additions expected to reach 19 GW and sector-wide expenditure projected to hit USD 80 billion (approximately EUR 76 billion). A record wave of lease auctions is driving the resurgence, said Rystad Energy, with... Continue Reading →
First Wind-Powered Offshore Gas Platform Loaded Out in the Dutch North Sea
(OE) The N05-A platform is the first offshore gas platform in the Dutch North Sea to be powered entirely by wind power – harnessing electricity via cable from the nearby 113.4 MW Riffgat offshore wind farm. The platform is part of the GEMS (‘Gateway to the Ems’) project, which focuses on developing field N05-A and other fields in the... Continue Reading →
SBM Offshore’s 2024 Revenue Soars 35% to Record High
(Reuters) Dutch oil and gas services firm SBM Offshore's annual revenue jumped 35% to a record high in 2024, driven by the sale of its floating production, storage and offloading vessels (FPSO) in Suriname and Guyana, the company said on Thursday. SBM Offshore's shares rose 9.3% to 20.04 euros at 0851 GMT, their highest in... Continue Reading →
Half of Global Operational Offshore Wind Capacity in China
The global capacity of fully operational offshore wind farms has reached 80.9 GW, according to RenewableUK, whose new report also shows China is leading in total operational capacity, new capacity installed in 2024, as well as in the capacity of the project pipeline. The global operational offshore wind capacity increased by 15 per cent from... Continue Reading →
Conbit Delivers SL900: Transforming Offshore Wind Lifting Operations
Conbit has launched the SL900, a versatile modular lifting system designed to meet the unique challenges of offshore wind projects. Successfully tested last month, the SL900 offers a game-changing alternative to crane vessels and jack-up barges for heavy lifts on offshore substations, such as replacing deck cranes, transformers, or installing heavy boat landings. The SL900... Continue Reading →
Dutch Gov’t to Launch Next Offshore Wind Tender in September 2025, Postpones Procedure for One Site
(offshoreWIND.biz) The Netherlands Enterprise Agency (RVO) has published draft regulations and plot decisions for the offshore wind tender for the IJmuiden Ver Gamma and Nederwiek I areas and said that the government would open the tendering procedure in September 2025. Previously planned as a 4 GW, four-site tender, the procedure will offer three sites as one... Continue Reading →
RWE Gets Clearance for 100MW Electrolyzer for OW-to-Hydrogen Production
(OE) RWE has secured the necessary construction and environmental permits to build a 100 MW electrolyzer that would enable green hydrogen production as part of system integration plans associated with the 795 MW OranjeWind offshore wind project in the Dutch North Sea. The 100 MW electrolyzer is planned to be built at Eemshaven, near the... Continue Reading →
Petrobras informs about collective action judgement in the Netherlands
Petróleo Brasileiro S.A. - Petrobras, further to the Announcements to the Market of January 29th 2020, May 27th 2021 and July 26th 2023, hereby informs that the District Court of Rotterdam ("Court") today handed down a favorable judgment on its main arguments in the collective action filed by the Stichting Petrobras Compensation Foundation ("Foundation") against... Continue Reading →