Elaine Maslin, Contributor In the last few years, there’s been a proliferation of projects targeting the production of hydrogen. Its seen as one of the levers towards net zero and, more recently, a way to help underpin energy security, especially in Europe. Many think producing the stuff offshore is a big opportunity. (OE) Many are keen... Continue Reading →
USVs Eye Offshore Wind Opportunities – Long read
Elaine Maslin, Contributor (OE) The use of USVs in the offshore industry has come a long way since they first started making an appearance in the 2010s. After some tentative steps, companies like XOCEAN have come in and blazed a trail, not least in offshore wind.This has largely been for standard multibeam and sub-bottom profile surveys.... Continue Reading →
Prysmian Bags Offshore Wind Cable Deals Worth More Than 800M Euros
(OE) Prysmian Group has won two contracts worth more than €800 million, including options, with Amprion Offshore – a subsidiary of German transmission system operator Amprion - for the design, supply, installation, and commissioning of land and submarine cables for two offshore wind farm grid connection systems in Germany’s North Sea, DolWin4 & BorWin4. The DolWin4... Continue Reading →
U.S. sets target for floating offshore wind farms expansion
(Reuters) - The Biden administration on Thursday unveiled a plan to accelerate development of next-generation floating offshore wind farms by slashing the cost of the technology by 70% and setting a goal for it to power 5 million U.S. homes by 2035. The announcement was the latest in the White House's push to bolster the... Continue Reading →
API, Offshore Operators Committee to develop offshore wind energy standards
(OM) The American Petroleum Institute (API) and Offshore Operators Committee (OOC) have signed a memorandum of understanding (MOU) to develop standards and guidance for offshore wind energy development. “The natural gas and oil industry has decades of offshore operating experience under highly technical and complex conditions,” said API Senior Vice President of Global Industry Services... Continue Reading →
Floating to floating offshore wind installation process increases construction efficiency
(WO) The offshore wind industry is projected to produce 228 GW by 2030, enough to power over 68 million homes. These projects will be at greater water depths and with larger wind turbine generators. Therefore, there is a demand for innovative solutions to deliver these projects. Earlier this year, Heerema Marine Contractors introduced a novel... Continue Reading →
Shell picks renewables boss as CEO to lead green transition
(Reuters) - Shell (SHEL.L) has turned to the head of its gas and renewables business to drive its transition to a greener future, picking Wael Sawan to replace Ben van Beurden as chief executive. Sawan's appointment comes at a pivotal time for the oil giant, which is aiming to reduce emissions to net zero by 2050 and... Continue Reading →
Iberdrola Sells 49% in German Offshore Wind Farm to EIP for 700M Euros
(Reuters) Spanish power company Iberdrola said on Wednesday it had agreed to sell to Swiss investment fund Energy Infrastructure Partners (EIP) a 49% stake in a German offshore wind farm for 700 million euros ($700 million). The sale of the Wikinger wind farm will have no impact on Iberdrola's financial results in 2022, said the company, Europe's... Continue Reading →
EXCLUSIVE Colombia’s Ecopetrol asks to suspend fracking contracts for 90 days
(Reuters) - Colombia's state-run oil company Ecopetrol (ECO.CN) has asked the oil regulator to suspend contracts for two fracking pilot projects for 90 days, the company and two sources told Reuters on Tuesday. The two projects - being developed in Santander province by Ecopetrol and U.S. oil major Exxon Mobil Corp (XOM.N) - have faced stiff resistance from environmental... Continue Reading →
All Turbines Installed at France’s First Commercial Offshore Wind Farm
Jan De Nul has completed the installation of 80 sets of 6 MW wind turbine generators (WTG) at Saint-Nazaire, France's first commercial offshore wind farm. The company said Tuesday it had completed the project "significantly ahead of schedule." The first turbine was installed back in April using Jan De Nul's Vole au Vent jack-up vessel. On September... Continue Reading →