Brazil National Energy Policy Council (CNPE) Establishes Guidelines for Regulating the Use of Offshore Energy Potential

April 1 (MME) The National Energy Policy Council (CNPE) approved, this Wednesday (April 1st), the resolution establishing the Guidelines for regulating Law No. 15,097/2025, on Offshore Wind Energy. The approval complies with the legal framework sanctioned in January 2025 and the deadlines established for the activities of the Offshore Wind Energy Working Group (GT-EO), instituted... Continue Reading →

Iberdrola Awards $4B Contracts for UK Subsea Power Link

March 30 (OE) Iberdrola has awarded contracts to Siemens Energy and Prysmian, worth more than $4 billion (€3.5 billion), for the development of the Eastern Green Link 4 subsea electricity interconnector between Scotland and England. Under the agreements, Siemens Energy will supply two high-voltage direct current converter stations, while Prysmian will provide more than 640... Continue Reading →

US Gov’t, TotalEnergies Strike USD 1 Billion Deal; Company to Invest Reimbursed Offshore Wind Fees in Its Oil & Gas Projects

March 24 (offshoreWIND.biz) The US Department of the Interior (DOI) and TotalEnergies have signed settlement agreements to terminate the company’s two offshore wind leases in the United States, confirming recent reports that a deal was being drafted under which TotalEnergies would be reimbursed USD 928 million (around EUR 806 million) paid in lease fees. Under... Continue Reading →

US Gov’t Drafting Agreements to Pay French Developer Nearly USD 1 Billion to Cancel Offshore Wind Leases – Reports

March 17 (offshoreWIND.biz) The US government is working on settlement agreements that involve the government cancelling TotalEnergies’ Attentive Energy and Carolina Long Bay offshore wind leases and reimbursing the French energy company USD 928 million (around EUR 806 million) for the financial bids through which it secured the two areas in lease sales during the... Continue Reading →

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