June 23 (OE) Energy and marine consultancy ABL has opened a new office in Salvador, Brazil, expanding its presence in the country and strengthening its asset integrity management offering for the oil and gas, maritime and industrial sectors. The new office will support asset integrity management projects in Brazil and across the wider Americas region,... Continue Reading →
Trump Administration Strikes New Offshore Wind Lease Buyback Deal, Invenergy Agrees to Exit Four Projects
June 18 (offshoreWIND.biz) The US Department of the Interior (DOI) said on 17 June that it had reached an agreement with Invenergy under which the developer will relinquish four offshore wind leases in exchange for a USD 765 million (approximately EUR 664 million) reimbursement and redirect the capital into natural gas and geothermal energy projects.... Continue Reading →
Offshore Wind Ambitions Now Span Every Continent as First African Country Joins Global Alliance
June 17 (offshoreWIND.biz) Kenya has become the first African country to join the Global Offshore Wind Alliance (GOWA), marking a milestone for the global expansion of offshore wind. Announced at the eleventh Our Ocean Conference in Mombasa on 17 June, Kenya’s accession to GOWA positions Africa alongside Europe, Asia, North America, South America and Australia... Continue Reading →
Trump Administration Withdraws Appeal, Leaving Wind Energy Leasing and Permitting Freeze Vacated
June 17 (offshreWIND.biz) The Trump Administration has withdrawn its appeal of a federal court ruling that vacated the section of its January 2025 Presidential Wind Memorandum that halted federal leasing and permitting activities for onshore and offshore wind projects, leaving the court’s decision in place and the wind permitting and leasing freeze overturned. The US... Continue Reading →
Equinor scraps renewable energy capacity target
June 16 (Reuters) - Norwegian oil and gas group Equinor has further scaled back its renewable energy ambitions, dropping a 2030 installed capacity target and cutting plans for investment, it said in a strategy update on Tuesday. The change reflects a wider industry trend, with peers, including BP and Shell, in recent years scrapping ambitions to transition from... Continue Reading →
Portugal to offer fast-track areas for wind, solar projects
June 17 (Reuters) - Portugal's government on Wednesday launched a process to assign over 1,000 areas for wind and solar projects around existing grid connections, which can be fast-tracked thanks to their low potential for environmental conflicts. By doing so, the government aims to attract more investment in the country that is already one of... Continue Reading →
Encomara Nets ABS Design Approval for Floating Wind Installation Tech
June 16 (OE) Scottish floating wind technology developer Encomara has received Product Design Assessment (PDA) approval from the American Bureau of Shipping (ABS) for its Squid floating offshore wind installation system, marking a key certification milestone as the company advances the technology toward commercial deployment. The PDA follows Approval in Principle (AiP) granted by ABS... Continue Reading →
ABL Group to Rebrand as Aqualis
June 16 (OE) Oslo-listed consultancy company ABL Group plans to change its name to Aqualis, seeking to eliminate confusion created by the use of ABL as both the name of the listed parent company and one of its operating businesses. The group provides marine, energy, engineering and technical consulting services to the renewables, maritime and... Continue Reading →
IMO definition of Brazil corn ethanol carbon footprint a landmark step, producers say
June 15 (Reuters) - The International Maritime Organization's decision defining Brazilian corn ethanol's carbon footprint is a landmark step that could position maritime transport as a major future market for the sector, industry executives told Reuters. In May, the IMO defined the default value of Brazilian corn ethanol's carbon footprint at 20.8 grams of carbon... Continue Reading →
France to open tender for 10 GW of offshore wind projects
June 11 (Reuters) - France's energy ministry said it would open on Friday a long-awaited call for tenders to develop 10 gigawatts of offshore wind projects, mostly located on the country's west coast. Offshore wind projects have faced challenges globally as rising costs and mounting political opposition in some countries, such as from the Trump... Continue Reading →