Heerema Marine Contractors has awarded Huisman a contract to deliver a Motion Compensated Pile Gripper. The Motion Compensation Pile Gripper will enable Heerema to install offshore wind monopiles up to 12.5 meters in diameter, with a length of up to 115 meters and a weight of 3,200 metric tons. The Gripper is designed specifically for... Continue Reading →
BOURBON creates full-service offshore wind division
BOURBON has formed a new division dedicated to offshore wind. The company aims to become a major player in this industry, providing pre-studies, transport and installation services, field maintenance, floaters repair and personnel transport, supporting projects from 250 MW to 1 GW by 2030. Bourbon Wind will coordinate all the group's activities in this field, creating... Continue Reading →
Vattenfall to Build 980MW Offshore Wind Farm in Germany
(OED) Swedish firm Vattenfall has obtained the right to develop the N-7.2 offshore wind power project off the German North Sea coast. The project is expected to generate enough electricity to power the equivalent oif more than one million German households. As part of the tender process for the construction of a large wind farm... Continue Reading →
Petrobras to release new strategic plan in November
(Reuters) - Petrobras is set to present its new strategic plan for the coming years in November, an executive for Brazil's state-run company said on Wednesday, hinting it should be "consistent" with the current focus on offshore oil formation known as pre-salt. During an oil and gas event in Rio de Janeiro, Petrobras' executive director... Continue Reading →
NOV Launches Solution that Promises to Cut Offshore Wind Blade Installation Cost
(OE) GustoMSC and NOV Lifting & Handling said Tuesday they had developed a solution to improve offshore wind turbine blade installation efficiency. "Blades are highly susceptible to wind loads, so they currently take the most time to install," the companies said. The solution has been named Sjøhest - Norwegian for “seahorse." "Like the seahorse’s unique... Continue Reading →
Taiya Renewable Energy, BW Ideol in Floating Wind Pact
Taiya Renewable Energy on Tuesday announced a joint development of a floating offshore wind pipeline including a 50 MW floating wind pilot-project and commercial-scale projects offshore Taiwan with floating wind specialist BW Ideol. "This cooperation is the first project of a Taiwanese developer to announce its entry into floating pilot wind projects. It is also... Continue Reading →
ExxonMobil: $13 trillion of oil and gas investments will be needed by 2050
(U) US supermajor ExxonMobil expects oil and natural gas will remain an important part of the energy mix in the decades to come, in order to meet an expected rise in energy demand around the world. Third-party studies estimate that $13 trillion of new oil and gas investments will be required by 2050 to meet... Continue Reading →
Aquaterra, Seawind working on 1 GW offshore floating wind-to-hydrogen project
Aquaterra Energy and Seawind Ocean Technology have signed an agreement for the development of what the companies say will be the world’s largest floating offshore wind and green hydrogen production project in Italy. The project, named HyMed, is currently in its first phase of permitting, with the grid connection and the environmental impact assessments well... Continue Reading →
Brazil’s oil sector braces for election fallout
Presidential campaign rhetoric raises fears of return to failed policies (U) Brazilian politicians have a long track record of meddling in the country’s oil and gas sector, particularly on the thorny topic of fuel prices. And with Brazil's presidential elections just around the corner, there are fears that a change in government will bring a... Continue Reading →
Brazil unlocking offshore renewable energy potential
South American nation could host first offshore wind auction in late 2023 (U) The Brazilian Senate has passed a key bill of law crafted to unlock investments in offshore renewable energy projects in the country. The federal bill, sponsored by Jean Paul Prates, a senator from the opposition Workers’ Party, proposes a regulatory framework for... Continue Reading →