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(Reuters) Italy's Saipem has started work at the Courseulles-sur-Mer offshore wind project in Normandy, the energy group's CEO Alessandro Puliti said on Monday, adding that the wind farm should be completed in 2025. Some big offshore wind projects around the world have recently been cancelled or delayed due to cost increases, and financial analysts were... Continue Reading →
(offshoreWIND.biz) The US Department of Interior (DOI) will hold an offshore wind lease sale in the Central Atlantic in August this year, with the two areas auctioned by the Bureau of Ocean Energy Management (BOEM) potentially generating up to 6.3 GW of renewable energy. BOEM will hold the auction on 14 August, featuring one area located... Continue Reading →
Philip Lewis, Contributor Examining similarities and differences between the deepwater oil & gas and the emerging floating wind segment. (OE) There has been much excitement around the potential for the offshore wind industry to access deeper water sites through the deployment of floating wind technology. Further, there has been much discussion around the development and deployment... Continue Reading →
(offshoreWIND.biz) European wind energy industry organisation, WindEurope, has warned that the negative bidding approach will lead to the bid costs falling onto the supply chain and/or electricity consumers after Germany and the Netherlands closed their latest offshore wind tenders, securing nearly EUR 4 billion in total through winning bids. In both countries, the offshore wind... Continue Reading →
(OE) Fugro has been awarded a site characterization contract for a 684 MW offshore wind farm development off the coast of the Japanese cities of Murakami and Tainai, Niigate Prefecture, Japan. The offshore wind farm off the country’s west coast will be developed and realized by a consortium of RWE, Mitsui and Osaka Gas. Fugro’s... Continue Reading →
(OE) Iberdrola has taken the final investment decision (FID) for its Windanker offshore wind farm, located in the German Baltic Sea, advancing the 315 MW project to delivery phase. Windanker wind farm will reinforce Iberdrola’s Baltic Hub, which will add more than 1,100 MW of installed offshore wind capacity, comprising also the Wikinger project with 350 MW,... Continue Reading →
(Reuters) BP's new CEO Murray Auchincloss has imposed a hiring freeze and paused new offshore wind projects as he places a renewed emphasis on oil and gas amid investor discontent over its energy transition strategy, sources at the company said. The moves, which have not previously been reported, are part of a decision by Auchincloss... Continue Reading →
(OE) Norwegian seismic firm TGS has announced a new campaign for offshore wind and metocean measurement located in Morro Bay, off the U.S. West Coast. This initiative further expands the company's pioneering multi-client wind and metocean measurement initiatives in key global offshore wind regions. The campaign seeks to greatly enhance the industry's understanding of offshore... Continue Reading →
Jesper Skjong, Contributor (OE) There are solid underlying fundamentals that are driving the increased vessel demand, chief among them is the increased offshore upstream investment on a global level. Overall, spending on exploration and production is set to increase roughly 45% from 2021 to 2025, reaching a total of almost $200 billion in the latter year.... Continue Reading →
(offshoreWIND.biz) A consortium gathering 17 partners from eight European countries has started working on a project, dubbed Floatfarm, with a goal to lower the levelised cost of energy (LCOE) of floating wind through solutions such as shared mooring and anchoring, and to reduce the impact of floating wind farms on marine wildlife. Funded by the... Continue Reading →
Brazil Energy Insight 