Irish floating wind platform developer Gazelle Wind Power (Gazelle) has signed a memorandum of understanding with the Austrian consulting firm Vienna Consulting Engineers ZT GmbH (VCE) to support its 2MW floating wind pilot project in the Canary Islands. VCE will provide design services—including load capacity determination, inspection planning, performance assessment, and more—as well as monitoring... Continue Reading →
Wison Offshore & Marine’s Floating WInd Foundation Gets DNV Approval
DNV has presented Wison Offshore & Marine (WOM) with a Verification Letter for its "w.semi" floating wind foundation. The Verification Letter demonstrates the technical feasibility and commercial readiness of the technology. Wison Offshore & Marine's "w.semi" is a new concept that the company has been developing as a floating wind foundation/platform. , It is said to be... Continue Reading →
Oil Demand Could Peak as Soon as 2025, McKinsey Says
Oil demand could peak as soon as 2025, as the energy transition continues to gain steam and as electric vehicle adoption increases, McKinsey & Company said in a new report. Christer Tryggestad, a Senior Partner at McKinsey, says: “In the past few years, we have certainly seen the energy transition pick up pace. Every year... Continue Reading →
15 MW Turbines Dominate Brazil’s Offshore Wind Project List
Majority of offshore wind projects now undergoing licensing process for environmental investigations in Brazil are listing 15 MW as the wind turbine capacity of choice. While there are a few variations in references to the 15 MW turbine technology planned to be used, most of these are listed as Vestas’s model with a 236-metre rotor diameter, for... Continue Reading →
Fugro goes strong in all regions at 2022 kick-off
Fugro has reported a revenue increase of 23.3% in the first quarter of 2022, said to be supported by all regions and business lines and driven by high client demand in the energy market, both renewables and oil & gas, and the infrastructure market. The total revenue in Q1 2022 was €365.4 million, compared to... Continue Reading →
Vestas Signs Offshore Wind MoU in Brazil
Vestas has signed a memorandum of understanding (MoU) with the government of the Brazilian state of Rio Grande do Norte to support the development of wind projects off the state’s coast. The objective of the MoU, signed in March, is to share technical knowledge so that governmental institutions can improve their studies of feasibility of... Continue Reading →
VIDEO: Heerema’s New Installation Method Promises to Reduce Floating Wind Costs
Dutch offshore installation giant Heerema Marine Contractors has said it has developed a new method for the installation of offshore floating wind structures that doesn't require wet-tow and removes the need for marshaling yards. The company said that, while floating wind farms are seen as essential for the world's energy transition, methods under development can... Continue Reading →
Energy transition still means billions in fossil-fuel investment
(WO) — The energy crisis triggered by Russia’s invasion of Ukraine is increasing the world’s motivation to shift to low-carbon energy, but is also creating a near-term scramble for fossil fuels that will drive billions of dollars of new investment. The U.S. and European countries are planning liquefied natural gas terminals that will be in... Continue Reading →
Siemens Energy reviews outlook as troubles at wind division deepen
(Reuters) - Siemens Energy (ENR1n.DE) is reviewing its full-year outlook after wind turbine division Siemens Gamesa (SGREN.MC) unveiled deeper-than-expected operating problems and rising costs that together triggered a substantial quarterly loss. Siemens Energy also said the operating environment had become more challenging due to the war in Ukraine as well as sanctions imposed on Russia, adding it could not... Continue Reading →
Meta – formerly Facebook – weighing up the French offshore renewable energy hybrid
(Offshore Energy) The global social networking company Meta – formerly known as Facebook – has expressed interest in the hybrid offshore renewable energy solution developed by GEPS Techno. Jean-Luc Longeroche, CEO and co-founder of Geps Techno, said that Meta had confirmed its wish to work with the company in order to multiply the power of its submarine cables by... Continue Reading →
Brazil Energy Insight 