Funding announced for first-in-class low-carbon installation vessel for floating offshore wind

The UK Government has awarded funding to a consortium led by Morek Engineeringto design a new class of low-carbon installation vessel for the floating offshore windmarket.The consortium has won the funding through the UK Government’s Clean MaritimeDemonstration Competition based on their proven track record in innovative vessel designand delivery of complex offshore operations. The consortium... Continue Reading →

January 29, 2024 0

Equinor Files Application for Empire Wind 1 to New York Solicitation

Norway's Equinor has submitted a bid for ‘shovel-ready’ Empire Wind 1 offshore wind project to New York’s expedited fourth wind solicitation. If awarded, Empire Wind 1 is expected to provide first power in 2026, and will be able to deliver renewable power to more than half a million New York home, according to Equinor. Already several years into development,... Continue Reading →

January 29, 2024 0

Equinor, Orsted bid for better contract in NY offshore wind auction

(Reuters) - New York State said on Friday it received bids to supply power from three offshore wind projects in its expedited fourth solicitation that allowed developers to exit old contracts and re-offer projects at higher prices. Companies that submitted bids included units of Equinor (EQNR.OL), opens new tab, Orsted (ORSTED.CO), opens new tab, and a joint... Continue Reading →

January 27, 2024 0

Brazil: Oil exports record the highest level in two decades

The exponential growth in pre-salt production, 240% since the first oil in the region, and the maintenance of refinery capacity generated a significant volume of surplus input, sold on the international market. The projection is for a continuous increase until 2030. Brazil reached a historic milestone in its oil exports, reaching the highest volume in... Continue Reading →

January 26, 2024 2

Lhyfe Meets Its Green Hydrogen Objectives with First Offshore Demonstrator

(OE) French green hydrogen production specialist Lhyfe has announced the operating results of its offshore hydrogen production pilot platform, Sealhyfe, confirming the initial objectives have been met with valuable insights gathered for the large-scale HOPE project. After 14 months of testing, including in particularly tough conditions, Sealhyfe was brought back with its full production capacity... Continue Reading →

January 26, 2024 0

Offshore wind industry turns out for NY auction as BP and Equinor split

(Reuters) - Offshore wind developers submitted revised bids to supply power to New York state on Thursday to cope with soaring costs, with industry heavyweights Equinor (EQNR.OL), opens new tab and BP (BP.L), opens new tab saying they would no longer develop projects together. The closely watched New York solicitation, which allows companies to exit old contracts and re-offer... Continue Reading →

January 26, 2024 0

Equinor sticks to 2030 renewables targets after US wind reshuffle

(Reuters) - Norway's Equinor (EQNR.OL), opens new tab maintains an ambition to reach 12-16 gigawatts (GW) of installed renewable energy capacity by 2030, despite dropping out of some projects in New York, its renewables head told Reuters on Friday. "The 12 to 16 gigawatt ambition by 2030, we are not changing that now," Paal Eitrheim said in... Continue Reading →

January 26, 2024 0

Colombia renewable energy could see $2.2 billion in investment this year

(Reuters) - Colombia's renewable energy sector could get investment of up to $2.2 billion in 2024 across 66 projects that are soon to enter production or waiting to complete paperwork, renewable energy association SER Colombia said on Thursday. Colombia has set its sights on developing renewable energy sources, such as solar, wind and geothermal, as... Continue Reading →

January 25, 2024 0

Equinor to Take Full Ownership of Empire Wind While BP Takes Beacon Wind

(Reuters) Norway's Equinor said on Thursday it had entered into a swap transaction with BP to take full ownership of Empire Wind lease and projects while the British energy company takes over Beacon Wind. Equinor will also take over BP's 50% share of the South Brooklyn Marine Terminal (SBMT) lease, the company said. Following the... Continue Reading →

January 25, 2024 0

CNOOC’s plans for 2024: Upping hydrocarbon production, natural gas exploration, and green power ante

(OET) Within its 2024 Business Strategy and Development Plan, China’s oil and gas giant CNOOC Limited has outlined a set of objectives for the year ahead. With energy demand on the rise, the Chinese giant has unveiled intentions to step up oil and gas production, bolster its hydrocarbon reserves, and scale up natural gas exploration... Continue Reading →

January 25, 2024 0

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Category: Renewables

Funding announced for first-in-class low-carbon installation vessel for floating offshore wind

Equinor Files Application for Empire Wind 1 to New York Solicitation

Equinor, Orsted bid for better contract in NY offshore wind auction

Brazil: Oil exports record the highest level in two decades

Lhyfe Meets Its Green Hydrogen Objectives with First Offshore Demonstrator

Offshore wind industry turns out for NY auction as BP and Equinor split

Equinor sticks to 2030 renewables targets after US wind reshuffle

Colombia renewable energy could see $2.2 billion in investment this year

Equinor to Take Full Ownership of Empire Wind While BP Takes Beacon Wind

CNOOC’s plans for 2024: Upping hydrocarbon production, natural gas exploration, and green power ante

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