(OE) If awards were given for dominating the sustainable energy spotlight, offshore wind (OSW) would surely be in line for top honors. Consider: Big money: BOEM’s February sale of New York Bight offshore wind development rights drew a record $4.37 billion in developers’ bids. Not only is that real money, but just as critically, “This... Continue Reading →
Porto do Açu changes management to accelerate energy transition – offshore wind
(Valor) Prumo Logística wants to attract low-carbon businesses to Porto do Açu, in São João da Barra, in the north of the state of Rio de Janeiro. With the energy transition, the company will take advantage of its experience in supporting the exploration and production of oil and gas to support the development of offshore... Continue Reading →
Vestas signs agreement with Rio Grande do Norte for offshore wind and green hydrogen
(epbr) The Danish wind turbine giant, Vestas, signed a memorandum of understanding with the government of Rio Grande do Norte (RN) to study the feasibility of implementing a port-industry that includes offshore wind projects and green hydrogen production. The agreement is the result of a visit that Governor Fátima Bezerra made to Denmark in November... Continue Reading →
Brazil offshore wind projects reach 106 GW
(epbr) Licensing for offshore wind projects in Brazil surpassed the 106 GW of power under licensing at Ibama this month, with the arrival of projects from TotalEnergies (9 GW) and Shell Brasil (17 GW). TotalEnergies' projects are the Sopros do Ceará, Sopros do RJ and Sopros do RS wind farms, each with 200 wind turbines... Continue Reading →
TotalEnergies has 9GW of offshore wind farms projects for Brazil
(epbr) TotalEnergies, a major western oil and gas producer, is developing 9 GW of offshore wind generating capacity off the coast of Brazil. There are three distribution parks in Ceará, Rio de Janeiro and Rio Grande do Sul. It joins the giants Equinor and Shell, also in the oil and gas segment, but with energy... Continue Reading →
More time and deliberation needed to finalise Keppel O&M and SembMarine merger talks
Following last year’s announcement about an agreement to explore the combination of Keppel Offshore & Marine with Sembcorp Marine, significant progress has been made in the process. However, more time and deliberation are needed to reach the final agreement to which both companies are committed. As a reminder, the idea behind combining Keppel O&M and... Continue Reading →
Aker Offshore Wind and Aker Horizons in merger
Aker Offshore Wind and Aker Horizons have announced an all-stock merger as part of a wider reorganisation to get after energy transition opportunities. The former, a wind developer, will become a privately-held subsidiary of investment management firm Aker Horizons, with the ultimate goal of merging Aker Offshore Wind with another portfolio firm: Mainstream Renewable Power. AOW... Continue Reading →
Orsted sells 50% of British wind farm to French consortium
(Reuters) - Denmark's Orsted (ORSTED.CO) said on Monday it had agreed to sell half of the Hornsea 2 project in Britain, which will become the world's biggest offshore wind farm, to a French consortium for 3 billion pounds ($3.94 billion). The deal is consistent with the Danish energy giant's strategy of selling off large stakes in operational... Continue Reading →
U.S. to Hold Offshore Wind Lease Sale for Two Areas in the Carolinas
The U.S. will hold a wind energy auction for two lease areas offshore the Carolinas on May 11, the U.S. Department of the Interior said Friday, as the Bureau of Ocean Energy Management (BOEM) has completed its environmental review. The lease areas cover 110,091 acres in the Carolina Long Bay area that, if developed, could result in... Continue Reading →
Brazil to increase oil production by 300,000 barrels per day to help stabilize the global energy market
Brazil will increase its oil production by 300,000 barrels a day by the end of the year to help stabilize global energy markets. The information was revealed today by the Minister of Mines and Energy, Bento Albuquerque, during the opening ceremony of the Ministerial Meeting of the International Energy Agency (IEA), in Paris. The additional... Continue Reading →