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Surveys of the area that the Lithuanian Government selected for the country’s first offshore wind farm have shown that the seabed in the Baltic Sea is suitable for the development of this type of project. The Lithuanian Energy Agency selected Geobaltic and Garant Diving to carry out the geophysical and seismic surveys through an international... Continue Reading →
(OE) Danish engineering group Ramboll will investigate the feasibility of producing hydrogen offshore at a multi-gigawatt scale with NortH2 in the Dutch part of the North Sea. The NortH2 consortium, consisting of Eneco, RWE, Equinor and Shell, in partnership with Gasunie, is investigating how all aspects of the hydrogen value chain – from production to... Continue Reading →
(OE) Vattenfall and Metsähallitus have joined forces to build and run Finland's first major offshore wind farm. The project will be built at Korsnäs, off the west coast of Finland. It will have a capacity of 1.3 GW and could produce 5 TWh per year. "Vattenfall was selected in the first of a number of... Continue Reading →
(OE) The Crown Estate for England, Wales, and Northern Ireland has announced its first major investment in surveys to help with the construction of floating offshore wind farms in the Celtic Sea. "The awarding of the first contracts marks an important step in what is anticipated to be a multi-million pound series of technical and... Continue Reading →
Norwegian construction firm Veidekke said Monday it has set its sights on the offshore wind market, with the company planning to become a key part of the value chain for floating offshore wind. The company said it was already participating in a larger feasibility study to specifically look into "how the floating foundations for the wind... Continue Reading →
(Reuters) Australia on Monday opened up its first zone for developing offshore wind farms in a region off its southern coast, looking to jumpstart a new industry to help achieve net zero carbon emissions by 2050. As expected, the government selected the Gippsland coast off the state of Victoria for the first offshore wind power zone, where an A$9... Continue Reading →
A new study shows the massive port infrastructure that could come to the Central Coast to support proposed floating offshore wind energy developments. The $250,000, seven-month-long study, which was released Thursday, was prepared by engineering consulting firm Mott MacDonald, commissioned by economic development think tank REACH Central Coast and funded by San Luis Obispo County,... Continue Reading →
(Reuters) - Colombia is targeting a 15% increase in crude oil output by using "enhanced recovery" technologies to take advantage of higher energy prices, even as it pushes towards decarbonization, Minister for Mines and Energy Irene Velez said in an interview. The government of President Gustavo Petro, the first leftist to lead Colombia, hopes to... Continue Reading →
(Reuters) - Spanish oil company Repsol (REP.MC) said on Friday it was buying renewable energy firm Asterion Energies, which has assets in Spain, Italy and France, for 560 million euros ($596 million) plus contingent payments of up to 20 million euros. Three sources with knowledge of the matter had told Reuters in October that both Repsol and French utility... Continue Reading →
Dutch thermoplastic composite pipe (TCP) producer Strohm has completed the largest funding round in the company’s 15-year history by securing a €15 million investment to support its TCP solutions. The €15 million investment includes a €10 million commitment made by ING Corporate Investments (a 100% subsidiary of ING Bank), the Netherlands’ largest financial institution, as... Continue Reading →
