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(OE) Crowley has named offshore wind veteran Christy Guthman as vice president of business development for its Wind Services business as the company grows in the clean, sustainable energy sector. Guthman most recently served as executive general manager of sales and commercial operations for GE Offshore Wind. During her tenure there, she built the company’s North American sales,... Continue Reading →
Fugro’s revenue for the third quarter of 2023 is €608.9 million, an increase from €480.2 million reported in the same quarter of 2022 – a result said to be due to better contracting conditions, high activity levels and good project execution. Fugro reported that its revenue was up by 32.6% on a currency-comparable basis, by... Continue Reading →
(OW) The US Bureau of Ocean Energy Management (BOEM) has finalized four new wind energy areas (WEAS) in the Gulf of Mexico that could support offshore wind projects with the potential to produce enough renewable energy to power more than three million homes. The four WEAs include Option J, 495,567 acres located approximately 47.2 miles off... Continue Reading →
(FOR) Shell has taken another axe to its once lofty decarbonization plans, as the U.K. oil giant’s pivot back to fossil fuels picks up steam. The group plans to cut at least 15% of staff working in its low-carbon solutions division while scaling back its hydrogen business, Reuters first reported Wednesday. The move will see 200 jobs go in... Continue Reading →
(Reuters) Norwegian energy firm Equinor will submit a proposal to pre-qualify for Norway's first offshore wind auction, the company's CEO Anders Opedal told Reuters last Friday. Equinor has formed a consortium with Germany's RWE for Soerlige Nordsjoe II, an area in shallower waters close to the maritime border with Denmark, where Norway is offering 1.5 gigawatts (GW)... Continue Reading →
(Reuters) Colombia will receive offers for offshore wind blocks in August 2024, according to a timeline published by the government on Friday, following a presentation it gave to private companies and European government representatives. The government of President Gustavo Petro, Colombia's first leftist leader, has said he intends to wean the Andean country off its... Continue Reading →
(Reuters) Siemens Energy shares plunged nearly 40% on Thursday, wiping 3 billion euros ($3.16 billion) off its market value, after the group said it was in talks with the German government about state guarantees following big setbacks at its wind unit. A spokesperson for the German economy ministry also confirmed the talks, describing them as... Continue Reading →
(OW) Vindkraft Värmland and Njordr, the Nordic developer, have sold 100 per cent of the shares in the joint company, Njordr Offshore Wind (NOW), to Statkraft. NOW holds a pre-permit portfolio of nine offshore wind projects in the Swedish economic zone with a total potential for up to 21 GW of installed capacity. The portfolio... Continue Reading →
(OET) PGE Polska Grupa Energetyczna and GE have signed an agreement for the development of a project aimed at testing the production of green hydrogen using a GE offshore wind turbine. In the planned project, hydrogen would be produced in an electrolyzer using electricity generated from the latest GE wind turbine model intended for the offshore... Continue Reading →
(Reuters) - Spanish power company Iberdrola (IBE.MC) on Thursday raised its 2023 outlook for the third time this year and hiked dividends after increased renewable output and margins drove net profit for the first nine months 17% higher. A European leader in green energy, Iberdrola has funded investment in renewable capacity and network assets by selling minority... Continue Reading →
