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(BW) EIG, a leading institutional investor in the global energy and infrastructure sectors, today announced that it has entered into definitive agreements with Novonor S.A. ("Novonor") and Brazilian Development Bank ("BNDES") to acquire Ocyan Participações S.A. ("Ocyan" or the "Company"), a Brazilian-based solutions provider to the offshore oil and gas industry, for a total amount... Continue Reading →
(OE) Certification body Bureau Veritas (BV) presented Enerocean S.L. with the definite issue of its Certificate of Basic Design Approval of the W2Power floating wind solution. The certification represents the completion of a comprehensive assessment of critical elements of the W2Power design, which is currently at the stage of moving to full-size commercial installations. BV said the design assessment... Continue Reading →
Wilson Sons, a leader in port and maritime logistics in Brazil, signed a contract with Beyond Petroleum (BP) to provide logistical support for drilling activities in the Pau Brasil block, through one of its Rio Offshore Supply Base, in Guanabara Bay. The contract with BP, a world leader in oil and natural gas exploration, development... Continue Reading →
(OW) Siemens Gamesa has discontinued its plans to build and operate an offshore wind turbine blade manufacturing plant in Virginia, US. The company’s USD 200 million (about EUR 187 million) manufacturing plant was planned to be built at the Port of Virginia’s Portsmouth Marine Terminal. It was intended to support major US offshore wind projects,... Continue Reading →
(OE) Flotation Energy and Vårgrønn, a joint venture between Plenitude (Eni) and HitecVision, have signed exclusivity agreements for two floating offshore wind developments with up to a total of 1.9 gigawatt (GW) capacity under Crown Estate Scotland’s Innovation and Targeted Oil and Gas (INTOG) leasing round. "When completed, the wind farms will provide renewable electricity... Continue Reading →
(OE) Norwegian ports investing in offshore wind can generate NOK 8.4 billion (currently ~766 million) in annual value and employ approximately 6,400 people by 2030, a new report from Menon Economics has found. The report was commissioned by Norwegian Offshore Wind, Eksfin, Invest in Rogaland, Invest in Bergen, and Invest in Agder. The study... Continue Reading →
(OW) California’s Governor Gavin Newsom signed two new offshore wind bills into law on 7 October. Coming into effect on 1 January 2024, the Offshore Wind Expediting Act (bill SB 286) is set to shave five years off of the offshore wind permitting timeline, while under the California Offshore Wind Advancement Act (bill AB 3),... Continue Reading →
(OM) RenewableUK says the total number of floating offshore wind projects has increased over the past year from 230 to 285. The association’s latest EnergyPulse Insights report also found that 227 MW of floating offshore wind are fully operational across 14 projects in seven countries. Norway leads with 94 MW across three projects, followed by... Continue Reading →
RWE, Wales’ largest renewable energy generator, has funded a study to investigate the quayside offload and launch of two types of floating offshore wind platforms – one steel and one concrete – alongside the integration of next generation wind turbine generators onto these platforms. Their aim is to maximise local supply chain opportunities by utilising... Continue Reading →
(OE) UK-based company Tugdock has signed a Memorandum of Understanding with Salamander floating offshore wind farm to collaborate on innovation for floating offshore wind energy in Scotland. Tugdock, based in Cornwall, UK, has patented marine buoyancy technology that enables heavy marine structures to be built or assembled and loaded-out in ports with water depth or... Continue Reading →
Brazil Energy Insight 