(Reuters) President Joe Biden's administration unveiled plans on Wednesday to hold up to a dozen auctions of offshore wind development rights through 2028, including four before the end of this year. The schedule will help companies, states and others plan for projects that require massive amounts of investment and infrastructure, the Interior Department said in... Continue Reading →
Navigation and Wind Farms: Competing Ocean Uses Raise Existential Questions – Long read
Tom Ewing, Contributor “Wind Turbines: The Bigger, the Better” -USDOE Office of Energy Efficiency & Renewable Energy, August 24, 2023 (OE) Last December the Bureau of Ocean Energy Management (BOEM) published a proposed sale notice regarding new development areas for utility scale wind projects in the central Atlantic Ocean. The notice includes an upfront issue: the... Continue Reading →
Uruguay – from totally open to totally licensed in just a few years
History is repeating itself in Uruguay. And Chevron plays an important role (Geo Expro) When the Kudu gas field was discovered offshore Namibia in the early 1970s, Chevron jumped to the other side of the Atlantic to take acreage in Uruguay in a similar setting. It led to the drilling of Uruguay’s first couple of... Continue Reading →
New York Cancels Three Offshore Wind Projects
(offshoreWIND.biz) The New York State Energy Research and Development Authority (NYSERDA) has cancelled three offshore wind projects with a combined capacity of over 4 GW due to ”technical and commercial complexities between provisional awardees and their partners,”. In October 2023, NYSERDA provisionally awarded three offshore wind projects, subject to successful conclusion of contract negotiations. These provisionally... Continue Reading →
Europe’s First Commercial-Scale Floating Offshore Wind Farm Secures All Planning Approvals
(offshoreWIND.biz) Flotation Energy and Vårgrønn, a joint venture between Plenitude (Eni) and HitecVision, have obtained the offshore planning approval for the Green Volt floating wind farm offshore Scotland. With onshore consent announced earlier this month, Green Volt has now received all its planning approvals and remains on track to be the first commercial-scale floating offshore... Continue Reading →
Denmark Launches Massive Offshore Wind Auction
(offshoreWIND.biz) Denmark has opened a new offshore wind tender, the country’s largest ever, offering a minimum of 6 GW of new capacity spread over six wind farms, with the overplanting option allowing for 10 GW or more of new capacity to be added. The Danish Energy Agency published the tender for the wind farms located in... Continue Reading →
A new standard for offshore wind. Creating a climate of investor confidence.
(offshoreWIND.biz) Milad Sheikhi, Head of Sales and Business Development – Offshore Wind at Jumbo Offshore discusses the way forward for standardisation in offshore wind. Is regulatory restriction the way forward for offshore wind – or will a free market approach yield more rapid returns? With increasingly ambitious targets in the coming years, the pressure is... Continue Reading →
Brazil’s plans to drill for oil in the Amazon hit stiff Indigenous resistance
(Reuters) - State-run energy firm Petrobras has hit growing resistance from Indigenous groups and government agencies to its premier exploration project, which would open the most promising part of Brazil's northern coast to oil drilling. Environmental agency Ibama denied Petrobras a license for exploratory drilling offshore in the Foz do Amazonas area last year, citing... Continue Reading →
Norway Clears TGS and PGS Merger
(OE) Norwegian seismic firms TGS and PGS have received merger approval from the Norwegian Competition Authority (NCA), brining them one step closer to establish a premier energy data company. The merger between the companies, first announced in September 2023, has been subject to review by the competition authorities in the UK as well as in... Continue Reading →
Petrobras informs about mothballed fields sale in the Campos Basin
Petróleo Brasileiro S.A. – Petrobras informs that its Executive Board, at a meeting held today, approved the sale of its entire stake in the Cherne and Bagre fields, located in shallow waters in the Campos Basin, to Perenco Petróleo e Gás do Brasil Ltda (Perenco). Production from the two fields was interrupted in March 2020... Continue Reading →