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(OE) Norwegian seismic firm TGS has announced a new campaign for offshore wind and metocean measurement located in Morro Bay, off the U.S. West Coast. This initiative further expands the company's pioneering multi-client wind and metocean measurement initiatives in key global offshore wind regions. The campaign seeks to greatly enhance the industry's understanding of offshore... Continue Reading →
(OE) Despite unprecedented energy challenges, 68% of oil and gas industry leaders have expressed optimism for sector growth in the coming year, according to the most recent survey by DNV. The latest DNV survey, The Paradox of Petroleum - How the oil and gas sector is transforming through uncertainty, gathered insights from nearly 450 senior oil... Continue Reading →
(offshoreWIND.biz) A consortium gathering 17 partners from eight European countries has started working on a project, dubbed Floatfarm, with a goal to lower the levelised cost of energy (LCOE) of floating wind through solutions such as shared mooring and anchoring, and to reduce the impact of floating wind farms on marine wildlife. Funded by the... Continue Reading →
(offshoreWIND.biz) Germany’s Federal Network Agency has awarded 2.5 GW of offshore wind across two areas in its latest auction that saw two bidders collectively pay EUR 3 billion for the opportunity to develop in the North Sea. EnBW has secured the 1 GW N-12.3 area in the German North Sea. The company won the site at... Continue Reading →
(offshoreWIND.biz) California-based floating wind technology developer, Aikido Technologies, has secured USD 4 million (approximately EUR 3.7 million) in seed funding to advance its platform technology and establish pilot projects. The financing was led by Azolla Ventures with participation from Propeller Ventures, Sabanci Climate Ventures, Cisco Foundation, Anthropocene Ventures, and others. Aikido said that it will... Continue Reading →
(offshoreWind.biz) According to a recent report from Rystad Energy, continental Europe will see the installation of 137 offshore substations over the coming decade, with an estimated total investment of USD 20 billion (approximately EUR 18.6 billion). According to the report, over 120 substations will be installed between 2024 and 2030 at a cost of around... Continue Reading →
(offshoreWind.biz) The US Bureau of Ocean Energy Management (BOEM) is seeking ideas for baseline environmental and socioeconomic studies to inform its decisions on potential offshore wind energy activities in the US territories. To formally request ideas for baseline environmental and socioeconomic studies, the bureau has issued a request for Letters of Interest (LOI). In addition,... Continue Reading →
(OE) Dutch thermoplastic composite pipe (TCP) technology company Strohm has secured $21.4 million ($20 million) investment from SENCO Hydrogen Capital, aimed at boosting its growth trajectory focused on hydrogen and carbon capture utilization and storage (CCUS) applications. The partnership between the two companies also seeks to reduce carbon footprint in the pipeline infrastructure for conventional... Continue Reading →
(OE) Back-deck engineering specialist Maritime Developments (MDL) has appointed Derek Lynch as Market Development Manager – Renewables as part of its diversification strategy aimed to strengthen the commitment to renewable energy market. With over 30 years’ experience across various energy markets and sectors, Lynch brings with him extensive track record in developing and delivering diversification... Continue Reading →
(Offshore-energy.biz) As looming political uncertainty prepares the world for the incoming tsunami of elections, optimism still runs strong in the energy industry, especially within the oil and gas sector. While rising costs and supply chain disruptions are putting at risk the viability of many projects and dampening the short-term optimism for electrification and renewables, a new... Continue Reading →
Brazil Energy Insight 