(Reuters) - The European Union will investigate subsidies received by Chinese suppliers of wind turbines destined for Europe, the bloc's anti-trust commissioner, Margrethe Vestager, has said. Tuesday's move is the latest in a growing effort in both Europe and the United States to shield domestic clean energy industries from cheap Chinese imports, which authorities say benefit... Continue Reading →
Axess to Deliver Cable Pull-In System for US Offshore Wind Project
(OE) Norwegian offshore energy industry services company Axess Technologies has signed a contract for the delivery of an export cable pull-in system to Seatrium, which is in charge of the construction of offshore substation for Empire Wind 1 offshore wind project in the United States. The contract is for the design, engineering and supply of... Continue Reading →
Bekaert to Develop Floating Wind Mooring Solutions Under TAILWIND Project
(offshoreWIND.biz) Belgian company Bekaert will develop new floating wind mooring systems as part of the TAILWIND project that was launched in January this year by companies from the offshore wind industry, academia and research organisations to deliver advanced station-keeping technologies for floating wind. The TAILWIND project, funded by the EU’s Horizon programme, will develop innovative... Continue Reading →
PGS Secures 3D Contract in South Atlantic
(OE) Marine seismic data company PGS has received a letter of award for a large 3D contract offshore South Atlantic margin from a multiclient company. A Ramform Titan-class vessel is scheduled for mobilization in June, with a forecast acquisition duration of up to 300 days. The value of the contract has not been disclosed, but... Continue Reading →
Plans Submitted to Link 6 GW of Offshore Wind Farms to New Jersey Grid
(offshoreWIND.biz) National Grid Ventures (NGV) and Con Edison Transmission have submitted plans for building a transmission infrastructure that will connect offshore wind power to the New Jersey electricity grid. The project, named the Garden State Energy Path, proposes laying underground cables that will enable the delivery of approximately 6 GW of offshore wind power from... Continue Reading →
Yinson Holds Naming Ceremony for Brazil-Bound ‘Greener’ FPSO
(OE) Yinson Production has held the naming ceremony for FPSO Maria Quitéria which will deployed in at Petrobras’ Jubarte field offshore Brazil. The naming ceremony for the FPSO Maria Quitéria was held at Cosco Shipping Heavy Industry (Shanghai) Shipyard in China on April 3, 2024. FPSO Maria Quitéria is a conversion project with a production... Continue Reading →
OceanPact wins R$650 million contract to charter three Emergency Response vessels to Petrobras
(PN) OceanPact, one of the leading companies in responding to offshore emergencies in the country, signed new contracts with Petrobras for a period of four years to charter three OSRVs (Oil Spill Response Vessel) worth a total of R$650 million. The vessels Fernando de Noronha, Jim O’Brien and Macaé will be at the service of... Continue Reading →
Bekaert Joins Tailwind Floating Wind Moorings Innovation Project
(OE) Belgium-based offshore mooring systems specialist Bekaert has joined the Tailwind project, which aims to develop advanced mooring solutions for floating wind industry. The Tailwind project, launched in January 2024, will aim to deliver advanced station-keeping technologies, designed to maintain the position of floating offshore wind energy farms through innovative mooring lines and anchoring systems.... Continue Reading →
Petrobras rejects proposals from BW and Ocyan and cancels tender for new Albacora FPSO
(PN) Petrobras decided to cancel the tender for chartering a new platform ship (FPSO) for the Albacora field, in the Campos Basin. Two companies submitted proposals: Norwegian BW Offshore (US$ 1.2 billion) and Brazilian Ocyan (US$ 1.7 billion). However, after being unsuccessful in negotiations with BW, Petrobras attempted talks with Ocyan – and also failed... Continue Reading →
Macquarie Unit, Corio Generation, Is Leading $50 Billion Investment in Offshore Wind
(Bloomberg) -- Macquarie Asset Management is making a $50 billion bet on offshore wind after sidestepping a perfect storm of low power prices and cost inflation that forced many competitors to walk away. Corio Generation Ltd., the fully owned offshore wind unit of the Australian financial giant, along with partners including TotalEnergies SE, plans to... Continue Reading →