Brought to you by Quest Offshore & Southern Cone Consultants
Greencoat Renewables has agreed to buy 22.5% of the Butendiek offshore wind farm in Germany from Marguerite Pantheon. The wind farm is located in Germany's exclusive economic zone in the North Sea and consists of 80 Siemens Gamesa 3.6 MW turbines that have been operational since 2015. Butendiek benefits from a fixed-price FiT until December... Continue Reading →
(Reuters) - Brazil's new mines and energy minister Alexandre Silveira said on Monday that state-run oil company Petrobras (PETR4.SA) would play a leading role in expanding the refining sector, and stressed the importance of developing renewable resources. Petrobras would encourage other groups to join the process, Silveira said during an official event to start his term in... Continue Reading →
(OET) With the lessening of restrictions imposed due to the COVID-19 pandemic, expectations of the oil and gas market’s recovery dominated at the start of 2022 prior to the Ukraine crisis. In the wake of Russia’s war in Ukraine, many industries, including the offshore energy industry, were thrown for a loop, which caused a lot... Continue Reading →
(OE) Offshore wind farm developer Eolus has received research permits for two offshore wind farms in the Bothnian Sea. The company said these were important steps towards offshore wind production in Finland. The Finnish Government gave consent regarding research permits to Eolus for the two offshore wind projects, Wellamo and Tuulia, in the Finnish Bothnian... Continue Reading →
(Reuters) - The nomination of a Brazilian senator and longtime energy consultant to lead Petrobras (PETR4.SA) suggests President-elect Luiz Inacio Lula da Silva wants the state-run firm to pivot to more renewable energy projects. Since 2019, Petroleo Brasileiro SA has doubled down on deep, and ultra deep-water exploration and production, while also selling off less productive assets... Continue Reading →
Hywind Scotland, the first floating offshore wind farm in the world, has been running for five years now. It was put into service in 2017. Located off the coast of Peterhead, Scotland, it is the world’s first floating offshore wind farm, and, according to operator Equinor, it is also the world’s best-performing offshore wind farm,... Continue Reading →
(Reuters) Japan has resumed public auctions for offshore wind power projects under revised rules aimed at encouraging a wider range of operators and accelerating the development of infrastructure, the industry and land ministries said on Wednesday. The government has launched the second major round of auctions to select operators for four new areas capable of... Continue Reading →
(CN) The United States has long hovered on the cusp of an offshore wind energy boom, even as the industry has soared worldwide. After many fits and starts, only seven turbines are spinning off the U.S. coast, representing 0.1 percent of the total global capacity of offshore wind farms. Now that’s all starting to change. With companies hitting major... Continue Reading →
(OE) Ireland's Minister for the Environment, Climate and Communications, Eamon Ryan TD, on Friday issued Maritime Area Consents (MACs) to the first phase of seven offshore wind projects. The government said the MACs granting represented a significant milestone in the delivery of offshore wind in Ireland "The award of MACs ensures that only projects with... Continue Reading →
(Reuters) Mexican state oil company Petroleos Mexicanos (Pemex) said it has been falling behind in a global race to transition from fossil to renewable energy sources, and that stricter demands from environmentally conscious investors pose a threat. Investors have for years considered Pemex a laggard as rivals worldwide moved to dramatically decrease emissions from energy... Continue Reading →
