(OE) Renantis and BlueFloat Energy have submitted the Environmental Impact Assessment (EIA) for Kailia Energia floating wind farm, the second offshore wind project being developed in Italy by the partners. Kailia Offshore Wind Project will be located off the coastline between Brindisi and San Cataldo, off the coast of Puglia. The project proposes the installation... Continue Reading →
SBM Offshore and Technip Energies Create Floating Wind Joint Venture
(OE) SBM Offshore and Technip Energies have signed a partnership agreement to form a joint venture EkWIL as a floating offshore wind pure player. The companies signed a memorandum of understanding (MoU) for the creating of EkWIL, which will be able of proposing a wide range of solutions to clients. EkWiL will combine the people... Continue Reading →
Feritech Global spearheads subsea operations innovation for Oceaneering
Feritech Global has completed a major design and build project for Oceaneering, the world’s largest provider of subsea robotics to the offshore energy industry. The company has designed a next generation auto-drop piston corer which is expected to dramatically reduce the amount of time needed for subsea geotechnical surveying, increasing safety and efficiency, whilst reducing... Continue Reading →
Boskalis reports record 2023 with 150 pct net profit increase; Half of offshore energy revenue came from offshore wind
(Offshore-energy.biz)Boskalis’s offshore energy division saw 50 per cent of its revenue coming from offshore wind in 2023, according to annual results the Dutch dredging and offshore construction specialist released on 7 March. Company-wide, Boskalis reported a 20 per cent increase in revenue and a 150 per cent higher net profit than in 2022. For its... Continue Reading →
Japan Expands Offshore Wind Reach to Exclusive Economic Zone
(Reuters) Japan's government on Tuesday approved a draft amendment to existing legislation to allow for the installation of offshore wind power in exclusive economic zones (EEZ), a milestone towards the country's goal of carbon neutrality by 2050. Japan aims to have 10 gigawatts (GW) of offshore wind power projects by 2030 and up to 45... Continue Reading →
TDI-Brooks’ Retrofitted Vessel Arrives to US for Offshore Wind Work
(OE) TDI-Brooks' latest dynamic positioning vessel, the RV Nautilus, has reached the shores of the East Coast of the United States ahead of work for offshore wind sector. After undergoing a six-month retrofit in Las Palmas, the 2000-built vessel will be put to work to provide support for offshore wind projects and various other subsea... Continue Reading →
Petrobras CEO on the Financial Performance in 4Q23
Dear shareholders and investors, I am very proud to address you today, not only in light of the excellent economic and financial results we are disclosing, but especially because I am convinced that we are building a Petrobras which is more solid, more resilient and able to generate long-term value to its partners and to... Continue Reading →
Iberdrola Bids $2.5B for Remaining Stake in US Subsidiary
(Reuters) Spanish utility Iberdrola said on Thursday it is launching a bid to acquire the remaining 18.4% stake in its U.S. subsidiary Avangrid that it does not hold in a deal that would amount to about $2.49 billion. Iberdrola said it is offering $34.25 per share, which represents a premium of approximately 10% compared to... Continue Reading →
What’s behind the calm winds of the offshore wind farms Bill in Brazil
This free translation may be of interest Article by Paloma Amorin and Thiago Silva partners at Vieira Rezende Advogados (epbr) The development of the offshore wind sector in Brazil requires the consolidation of a robust legal and regulatory framework. Although there has been a framework approved since 2022 (Decree 10,946/2022), several pending regulatory actions remain... Continue Reading →
Bridge-linked platform design can support high-volume green hydrogen production
By Ron Vis and Vincent van Duijvenbode, McDermott (OM) Rising demand for hydrogen as a new clean source of power will drive the emergence of gigawatt-scale green hydrogen production installations close to offshore wind farms. Various pilot projects are under development and early-phase small-scale hydrogen production facilities are being installed in the Dutch North Sea. There... Continue Reading →