Brought to you by Quest Offshore & Southern Cone Consultants
(MTR) This week, dozens of companies are expected to compete for the right to lease the first commercial wind power sites off the coast of California in a federal online auction that could kick-start the state’s next clean energy boom. Collectively, the winners will pay at least tens of millions of dollars for exclusive rights to submit... Continue Reading →
(RN) Floating wind turbines are crucial to the future of offshore wind, and to bring energy costs down to a competitive level, they require radically different thinking. French company Eolink is starting to build a full-scale demonstrator of its innovative pyramid-shaped floating wind turbine, which reduces materials and weight by more than 30%, and promises... Continue Reading →
(Reuters) - BP chief executive Bernard Looney is betting on hydrogen to power future low-carbon businesses as the governments of major economies stump up cash to develop the fuel to decarbonise. Low-carbon hydrogen already has a big fan-base and is forecast to play a major role in reducing greenhouse gas emissions from heavy industries and... Continue Reading →
(OE) The Dutch government on Friday said it would appoint gas grid operator Gasunie to oversee plans to develop a hydrogen network in the North Sea, Energy Minister Rob Jetten said in a letter to parliament. The Dutch government is due on Dec. 8 to debate in parliament over ambitious plans to shift much of... Continue Reading →
(Reuters) Norwegian energy firm Equinor's renewables business faces rising supply chain bottlenecks and strong rivalry for new projects, but will not compromise on its 4-8% investment return target, the head of the unit told Reuters. While still largely an oil and gas producer, state-controlled Equinor is investing heavily in offshore wind, securing permits in Britain,... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras informs that its Board of Directors approved, in a meeting held today, the Strategic Plan for the five-year period 2023-2027 (SP 2023-27). Throughout 2022, Petrobras delivered an operational and financial performance in line with its commitment to generate value for society and shareholders and in full adherence with the 2022-2026... Continue Reading →
Offshore wind developers Eolus and Simply Blue Group have created a joint venture, SeaSapphire, under which they plan to develop floating offshore wind farms in the Baltic Sea. SeaSapphire is starting the early development of four commercial scale floating offshore wind farms in the Baltic Sea – two projects in Sweden and two in Finland.... Continue Reading →
(OE) Marine engineering consultancy, BAR Technologies (BAR), said Wednesday that its low-emission crew transfer vessel (CTV) design, the BARTech 30, will be available for the first U.S. offshore wind projects in 2024, following quotes at several U.S. shipyards. BAR said Wednesday it was meeting with the U.S. offshore wind vessel supply chain at a workboat... Continue Reading →
(OE) Technip Energies is leading a 13-partner consortium that is working to roll out the next generation of floating wind technology "for a competitive, more scalable and industrial deployment." The initiative, called NextFloat, launched in Paris earlier this month, and includes Technip Energies as project coordinator, X1 Wind, Naturgy, 2B Energy, Hellenic Cables, Technical University... Continue Reading →
(OET) In the aftermath of COP27, which took place against the backdrop of the first true global energy crisis, many argued that little progress was made on the phasing out of fossil fuels. This was justified by the need to strengthen energy security, protect consumers at the pump, and avoid a global recession. In light... Continue Reading →
Brazil Energy Insight 