(offshore-energy.biz) Dubai-headquartered engineering and services company Kent is developing a comprehensive report aiming to offer guidance for determining the cost of decarbonization, including its societal aspect, in the upstream oil and gas industries on behalf of the London-based Energy Institute. While the guideline document will focus on the UK North Sea, it will be written... Continue Reading →
Start-Up Aims for Free-Range Wind Farms via Sailing Vessels
(OE) British startup DRIFT Energy has closed a seed funding round for making green energy at sea using hi-tech sailing vessels. Led by Octopus Ventures, one of the largest and most active venture capital investors in the UK and Europe, and with support from Blue Action Accelerator, the company has secured £4.65 million ($6 million),... Continue Reading →
A Look Inside the East Asia & Pacific Offshore Wind Markets
Philip Lewis, Contributor, Director Research at Intelatus Global Partners. (OE) Whereas the foundations of commercial offshore wind development are found in Europe (and Europe will remain the largest overall regional market for offshore wind activity in the coming decade), the rapid development of the large East Asia and Pacific region provides both opportunities and some challenges... Continue Reading →
BlueFloat Selects Site for Floating Wind Demo Project Offshore Taiwan
(OE) BlueFloat Energy has revealed the site location for its floating wind project, which will participate in the upcoming floating demonstration program, due to be launched by the Taiwanese government later in 2024. The ‘Winds of September Phase 1’ project, in development since 2021, will involve the installation of up to 12 floating platforms for... Continue Reading →
Underwater Power Grids Could Revolutionize How the US East Coast Gets Its Electricity
(Source: The Conversation) Offshore winds have the potential to supply coastlines with massive, consistent flows of clean electricity. One study estimates wind farms just offshore could meet 11 times the projected global electricity demand in 2040. In the U.S., the East Coast is an ideal location to capture this power, but there’s a problem: getting electricity... Continue Reading →
US Launches $50M Offshore Wind R&D Call
The U.S. Department of Energy’s (DOE's) Wind Energy Technologies Office (WETO) has issued the Offshore Wind National and Regional Research and Development Funding Opportunity, which will award $48.6 million for projects that address several major areas of need for offshore wind. The areas include accelerating research and development of floating offshore wind platforms, exploring innovations... Continue Reading →
GA Drilling Teams Up with Petrobras for Next-Gen Downhole Drilling Systems
(OE) Slovakia-based drilling specialist GA Drilling has entered into a technical cooperation program with Brazil’s state-owned oil and gas giant Petrobras to deliver more efficient deep drilling system. In cooperation with Cenpes, Petrobras’ research, development, and innovation center, the partnership aims to bring a next-generation downhole drilling system to fruition, expected to significantly reduce well... Continue Reading →
Offshore Wind Turbines Offer Path for Clean Hydrogen Production
NREL Researchers Identify Promising Locations off US Coastlines for Installation of Technology (CleanTechnica.com) Using electricity generated by offshore wind turbines as one pathway to split water to produce clean hydrogen may make economic sense, particularly along the U.S. Atlantic Coast and in the Gulf of Mexico, according to researchers at the National Renewable Energy Laboratory... Continue Reading →
Technip Energies and Partners to Develop Reusable Floating Wind Anchors
(OE) Technip Energies, in partnership with Université Gustave Eiffel, Valeco, and OPEN-C Foundation, has launched the PAREF project, an R&D program aimed at accelerating industrial-scale development of floating wind. The project, funded by the French State as part of France 2030 operated by ADEME, aims to design, fabricate, and test a reusable anchoring system, high... Continue Reading →
MODEC and Terra Drone Join Forces for FPSO Drone Inspections
(OE) MODEC and Terra Drone Corporation have entered into a joint research and development agreement to enhance inspection drones for floating production, storage and offloading (FPSO) vessels. The agreement follows the memorandum of understanding signed by the companies in November 2023. Since, MODEC has continuously utilized Terra Drone’s drone technology to measure the hull thickness... Continue Reading →