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(Reuters) - The bill that regulates offshore wind power generation in Brazil advanced in the Senate on Tuesday with approval in the Infrastructure Committee, with a vote scheduled for the plenary session of the House on Wednesday. Bill 576/2021, which is on the voting agenda, has been heavily criticized by the electricity sector due to... Continue Reading →
Muir Mhòr Offshore Wind Farm, developed by joint venture partners Fred. Olsen Seawind and Vattenfall, has submitted both offshore and onshore consent applications to Scottish authorities. The project is the first fully floating offshore wind farm from the ScotWind leasing process to reach the point of submitting both offshore and onshore consent applications for determination,... Continue Reading →
Tugdock and Sarens have successfully secured funding from The Crown Estate through the initial round of its innovative Supply Chain Accelerator. This is match funding for a joint project by Tugdock and Sarens to develop a heavy lift Operations and Maintenance (O&M) hub at ABP’s port of Port Talbot in Wales. With key support from major industry players such as ABP and RWE,... Continue Reading →
(OE) Shipbuilder Hanwha Ocean has secured an Approval in Principle (AiP) from certification body Bureau Veritas for its standard Floating Production Storage and Offloading Unit (FPSO) design, which includes the latest developments in advanced digital solutions to support more energy efficient operations. Standard FPSO design of Hanwha Ocean measures 340 meters in length and 62... Continue Reading →
Iberdrola has received a production license from the Portuguese Directorate-General for Energy and Geology of Portugal (DGEG), taking another step towards the construction of the largest wind farm in Portugal. Located in the districts of Vila Real and Braga, in northern Portugal, with a total investment of around €350 million, this project reinforces Iberdrola's commitment... Continue Reading →
(Reuters) - Denmark's failure to attract any bids in an offshore wind power tender last week stems from a rigid auction model, a failure to adapt to a changed economic reality for renewable energy projects and rising competition, analysts said on Friday. The outcome was a blow to Denmark, home to turbine maker Vestas and offshore wind... Continue Reading →
(offshoreWIND.biz) With projects in pre-construction, under construction and undergoing permitting, the US offshore wind industry is getting busier by the day. Over the past week, updates on project milestones, contracts and permitting made the news on offshoreWIND.biz. Catch up with these stories in our recap 👇 Sif Produces First Empire Wind 1 Monopile in Netherlands... Continue Reading →
(OE) ABL Group has entered into an agreement to acquire Brazil-based naval architecture and engineering consultancy Proper Marine, increasing its expertise in floating production storage and offloading (FPSO) sector. Proper Marine will be merged with ABL’s design and engineering arm Longitude. The company will expand ABL’s design and engineering capabilities with a team of over... Continue Reading →
Shell is stepping back from new offshore wind investments and is splitting its power division following an extensive review of the business that was once seen as a key driver of the company's energy transition strategy. (Reuters) The changes are part of a company-wide review launched in 2023 aimed at reducing costs as CEO Wael Sawan focuses... Continue Reading →
(Reuters) French oil major TotalEnergies is close to acquiring vertically-integrated renewable developer VSB Group from private equity firm Partners Group for about 2 billion euros ($2.10 billion), Bloomberg News reported on Tuesday. TotalEnergies and Partners Group declined to comment. VSB Group did not immediately reply to a request for comment. Germany-based VSB has a renewables... Continue Reading →
Brazil Energy Insight 