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Aug. 10 (offshoreWIND.biz) Ørsted expects three of its offshore wind farms currently under construction to reach full commissioning in the second half of 2026, with Borkum Riffgrund 3 in Germany, Greater Changhua 2b and 4 in Taiwan, and Revolution Wind in the US all approaching completion. The updates were provided by Ørsted as part of... Continue Reading →
Aug 18 (Reuters) - Equinor said on Tuesday it has agreed to buy a stake in an oil exploration licence in Namibia from a subsidiary of U.S. energy major Chevron as the Norwegian company seeks to boost its international portfolio. The purchase of a 17.4% stake in the PEL 90 petroleum exploration licence in the Orange Basin... Continue Reading →
Aug. 17 (OE) As the market moves toward the end of the summer season in the northern hemisphere, several offshore support vessels are expected to roll off their contracts over the coming months. Shipowners are thus already positioning tonnage for the winter and next summer season. The CSOV market has remained tight over the past... Continue Reading →
Aug. 17 (splash247.com) Turkiye is set to launch its first offshore wind tender in the first quarter of 2027, marking a starting point to install 5GW of offshore capacity by 2035 and diversify the country’s renewable energy mix. Energy and Natural Resources Minister Alparslan Bayraktar said that four zones have been identified for development –... Continue Reading →
Aug. 14 (splash247.com) As shipowners place their first investments in ethanol-fuelled ships, engine technology is well prepared for growing uptake of the biofuel, writes Andrea Lazzaro, head of business intelligence at WinGD. When one of the world’s biggest dry bulk charterers backs a new alternative fuel type, the industry takes notice. But to anyone paying... Continue Reading →
Aug. 13 - The government also signed significant decrees for the energy industry. The first regulates the implementation of the National Low-Carbon Hydrogen Policy. The decree puts into practice mechanisms for governance, certification, tax incentives, and investment promotion, laying the groundwork for the National Hydrogen Program (PNH2) and the Low-Carbon Hydrogen Development Program (PHBC). It... Continue Reading →
Aug. 13 (Estadao) Seatrium, a marine engineering multinational expanding its global offshore wind operations, sees Brazil as a market ripe for development and hopes to leverage its local infrastructure to manufacture substations and vessels dedicated to the sector. However, the company is making any planning contingent on the maturation of the legal framework. It has... Continue Reading →
Aug. 13 (oilprice.com) Over the past couple of years, Colombia’s clean energy transition has shifted into overdrive under President Gustavo Petro’s "Just Energy Transition" agenda, with the country pivoting away from fossil fuels towards wind and solar energy. Petro, Colombia’s first ever left-wing president, instituted a strict ban on signing new oil, gas and coal exploration contracts... Continue Reading →
Aug. 11 (Forbes) An innovative pilot project in the Netherlands - focused on energy transition solutions - has reached a milestone moment of producing its first batch of green hydrogen on an active natural gas platform in the North Sea. The project - PosHYdon - led by a consortium of partners with support of the Dutch Ministry... Continue Reading →
Aug. 10 (splash247.com) Japan’s Sumitomo Corporation has bought a 33.3% equity interest in the Gwynt Glas offshore wind farm, developed by EDF and Electricity Supply Board (ESB) in the Celtic Sea. The acquisition marks Sumitomo’s first participation in a floating offshore wind project. The project involves the development, construction, and operation of a floating offshore... Continue Reading →
Brazil Energy Insight 