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Thistle Wind Partners (TWP) has launched seabed surveys for its 1 GW Ayre floating offshore wind farm and the 1 GW Bowdun offshore wind farm in Scotland. G-tec is leading the first phase of the work, which is the geophysical surveying of the seabed at both sites, in leasing zones NE2 and E3, from March... Continue Reading →
(OM) Principle Power and Aker Solutions have been awarded a US Floating Offshore Wind Readiness (FLOWIN) Prize, which will set forth the goal to establish a sustainable and competitive domestic supply chain ecosystem to deliver floating offshore wind projects in the US. The FloatHOME Project will leverage the fourth-generation, industrialized WindFloat design to evaluate and compare deployment options,... Continue Reading →
(Reuters) - Spanish power company Iberdrola (IBE.MC) will seek to expand in the United States and take advantage of its green subsidies after announcing the sale of gas assets worth $6 billion in Mexico, Chief Financial Officer Jose Sainz said on Wednesday. The sale significantly reduces the renewable energy giant's exposure to Mexico, where its relationship with... Continue Reading →
(Bloomberg) Electricite de France SA is betting that wind turbines at sea — already the size of skyscrapers — will be about 50% more powerful at the start of the next decade when it completes the country’s largest offshore farm. The French utility expects even larger machines to contribute to higher output when it builds... Continue Reading →
(Reuters) - Exxon Mobil Corp's (XOM.N) Low Carbon business has the potential to generate hundreds of billions of dollars in revenue and outperform the company's traditional oil and gas as soon as a decade from now, CEO Darren Woods said. The largest U.S. oil producer on Tuesday laid out to investors the aims of its emerging energy transition strategy... Continue Reading →
(OE) UK-based offshore wind developer SSE Renewables and Asia Pacific-focused renewable energy developer Equis have formed a joint venture to bid for a feasibility license to develop, construct, own, and operate an offshore wind farm project in Australia. The wind farm site is in Australia’s first Federal Government-declared offshore wind zone of Gippsland, near the... Continue Reading →
RWE and US utility Entergy have signed a Memorandum of Understanding (MoU) to jointly evaluate developing offshore wind in the Gulf of Mexico. Under the MoU, RWE and Entergy agree to assess four key areas to define an optimal route-to-market including the market demand for carbon-free energy for customers of Entergy Louisiana, Entergy New Orleans,... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras, following up on the release disclosed on March 14, 2023, informs that it obtained, on Friday (03/31), authorization from the National Agency of Petroleum, Natural Gas and Biofuels (ANP) to resume production from the Araçás field, located in the Bahia Terra Cluster. Thus, the company started the execution of operational... Continue Reading →
(OW) The US Department of Energy (DOE) has selected nine floating wind foundation projects in Phase One of the FLoating Offshore Wind ReadINess (FLOWIN) Prize. Each project will receive USD 100,000 in funding and USD 75,000 in vouchers for technical support provided by DOE national laboratories. The winners of the first phase of the FLOWIN... Continue Reading →
(OEM) The Netherlands Enterprise Agency (RVO) has issued a tender for offshore geotechnical investigations at the Nederwiek Wind Farm Zone. The contracts to be awarded under the tender, which is divided into two lots, are valued at €45.5 million in total. Through the first lot, RVO will award a contract worth €11 million for a seabed cone... Continue Reading →
Brazil Energy Insight 