By Oliver Thompson, Archer Knight Demand for work-class ROVs (WROV) has traditionally been determined by the state of the global offshore oil & gas industry. This is likely to remain the case in the short to medium-term. However, there’s a new kid on the block – offshore wind. Growth in this sector is seen as... Continue Reading →
Italian cabling giant sets up net-zero target
Italian cabling giant Prysmian has set up a target to achieve net-zero for its global operations between 2035 and 2040, as well as for its value chain emissions by 2050. Prysmian announced the commitments as part of its new Climate Ambition and Social Ambition frameworks. In terms of Climate Ambition, the plan is to reach... Continue Reading →
Ports supplied by offshore wind are preferred models for green hydrogen in Brazil
(epbr) The investments announced for the construction of plants producing green hydrogen (H2V) in Brazil already total more than US$ 22 billion, all concentrated in ports — Pecém, in Ceará, Suape, in Pernambuco, and Açu, in Rio de Janeiro. These ports combine a series of strategic factors for the development of the new H2V chain,... Continue Reading →
Saipem launches marine renewables-powered solution for offshore green hydrogen production
The Italian multinational oilfield services company Saipem has launched SUISO, a technological solution that combines floating wind, floating solar, and marine energy to power the production of green hydrogen on existing offshore platforms. Combining various renewable energy sources in a single system, the aim of SUISO is to power, together or individually, electrolyzes installed on... Continue Reading →
Looming loss piles pressure on turbine maker Siemens Gamesa
(Reuters) - Shares in Siemens Gamesa (SGREN.MC) fell more than 18% on Thursday after the wind turbine maker's second profit warning in less than three months due to spiralling raw materials prices and the cost of delivering its new onshore platform. The warning of a possible loss this year had a knock-on effect on parent Siemens Energy (ENR1n.DE),... Continue Reading →
French group Qair announces new investment in green hydrogen and offshore wind energy in Brazil
The French alternative energy company Qair has signed a memorandum of understanding with the Brazilian state of Ceará for an investment of 5.85 billion euros for the production of green hydrogen and offshore wind energy. In a statement, the Government of Ceará and Qair Brasil indicated that both projects will generate 2,600 jobs and increase... Continue Reading →
Keppel and Sembcorp Marine ink deal to explore creating stronger offshore & marine player
Following reports that Singapore’s Keppel Corporation and Sembcorp Marine are in talks to merge their offshore and marine businesses, the two players have now inked non-binding agreements related to the proposed combination in response to dramatic changes in the sectors. In a statement on Thursday, Keppel said it has signed a non-binding Memorandum of Understanding (MOU)... Continue Reading →
Equinor CEO Calls for More Offshore Wind Areas
Countries worldwide should make more offshore areas available for wind farms than they do currently if they want to fulfil their climate ambitions, the chief executive of Norwegian oil firm Equinor told Reuters. Like other European oil majors, Equinor is developing a portfolio of renewable projects while continuing to produce oil and gas, with offshore... Continue Reading →
Offshore Wind Could Produce Affordable Hydrogen by 2035 , Siemens Gamesa says
Wind power could make it possible to produce hydrogen without emitting greenhouse gases as cheaply as is currently feasible with fossil fuel energy by 2030, turbine maker Siemens Gamesa said in a white paper released on Wednesday. Policymakers see green hydrogen, which is made with renewable power without emitting carbon, as a vital tool to... Continue Reading →
Rio and the country can benefit from investments in offshore wind energy
Firjan (Rio de Janeiro Industrial Federation) believes that the state of Rio needs to keep new energy opportunities on the radar, taking advantage of the synergies between the existing offshore markets and the potential of offshore wind projects. In addition to the similarity of environment, labor skills have the potential to transition between operations and... Continue Reading →