Petróleo Brasileiro S.A. – Petrobras informs that it has signed a memorandum of understanding with the Government of the State of Rio Grande do Norte (RN), which provides for studies on the feasibility of implementing an offshore wind pilot project in the state. The value of the investment and the generation capacity will be assessed... Continue Reading →
US Offshore Wind: Outlook Strong Despite Construction Productivity Issues
(OE) While construction productivity issues continue to present immediate challenges for the U.S. offshore wind industry, the long-term outlook remains strong for the nascent sector, according to a recent report from business intelligence and consulting firm Intelatus Global Partners. Intelatus' most recent monthly report on the U.S. offshore wind industry identifies a number of factors... Continue Reading →
Decarbonization Offshore O&G: Navigating the Path Forward
By Fernando Tamayo, Emissions Team Lead, Welligence Energy Analytics (OE) In recent years, the oil and gas industry has faced mounting pressure to address its environmental impact. This has led many companies to set decarbonization targets – we are tracking more than 460 targets set by independents, majors, and NOCs across the sector. However, achieving... Continue Reading →
Equinor upbeat about investor interest in US offshore wind farm
(Reuters) - Norway's Equinor (EQNR.OL), opens new tab is confident of finding an investor for its planned Empire Wind 1 offshore wind farm in New York after a new power off-take agreement improved the project's economics, the company said on Thursday. New York State authorities in February awarded the project a new conditional power purchase contract, replacing a previous... Continue Reading →
US Finalizes Rule to Streamline Offshore Renewable Energy Development
(offshoreWIND.biz) The US Bureau of Ocean Energy Management (BOEM) and the Bureau of Safety and Environmental Enforcement (BSEE) have finalized updated regulations for renewable energy development on the US Outer Continental Shelf (OCS). The final rule is said to increase certainty and reduce the costs related to the deployment of offshore wind projects by modernising... Continue Reading →
BW Ideol Presents Standard Floating Wind Foundation for Mass Production
(OE) BW Ideol has unveiled its standardized foundation for floating offshore wind, ready for mass production to accommodate the needs of the growing sector. With over 22 GW already awarded in Scotland, around 8 GW in the USA, and several GW currently being awarded or in the tendering phase elsewhere in the world, floating wind... Continue Reading →
Second HVDC Platform Installed at World’s Largest Offshore Wind Farm
(OE) Saipem has installed the second unmanned High Voltage Direct Current (HVDC) platform at Dogger Bank, being built in UK waters and set to become the world’s largest offshore wind farm once constructed. The substation is the second of three platforms, each supplied by Aibel, to be installed at Dogger Bank offshore wind farm, which... Continue Reading →
US Plans 12 Offshore Wind Auctions Over Five Years
(Reuters) President Joe Biden's administration unveiled plans on Wednesday to hold up to a dozen auctions of offshore wind development rights through 2028, including four before the end of this year. The schedule will help companies, states and others plan for projects that require massive amounts of investment and infrastructure, the Interior Department said in... Continue Reading →
Navigation and Wind Farms: Competing Ocean Uses Raise Existential Questions – Long read
Tom Ewing, Contributor “Wind Turbines: The Bigger, the Better” -USDOE Office of Energy Efficiency & Renewable Energy, August 24, 2023 (OE) Last December the Bureau of Ocean Energy Management (BOEM) published a proposed sale notice regarding new development areas for utility scale wind projects in the central Atlantic Ocean. The notice includes an upfront issue: the... Continue Reading →
ONYX Insight strengthens global footprint with latest multi-year contracts in Europe and Latin America
ONYX Insight has bolstered its global operations across Latin America, Spain and Portugal with several new deals, including two multi-year contracts, to deliver its predictive maintenance technology to wind farms in Spain and Brazil. The company currently monitors more than 1,500 turbines in Brazil, Peru, Chile, Mexico, and Costa Rica, using a combination of its... Continue Reading →