Offshore cable maker NKT won a contract to deliver the high-voltage DC on- and offshore export cable system for Ørsted's Hornsea 3 offshore wind project in the UK. NKT said that the final order has an estimated contract value of approximately 500 million euros in market prices ( around 400 million euros in std. metal... Continue Reading →
AI to Boost Efficiency of Scotland’s First Offshore Wind Farm
(OE) UK-based machine learning and applied AI company Cognitive Business has won a contract to provide a complete package of AI and forecasting to RWE’s Robin Rigg wind farm offshore Scotland. Congitive Business will to provide the wind farm with a suite of AI, Pattern Recognition and Production Forecasting technology that will enable the owner-operator to predict... Continue Reading →
Vestas to Supply 15MW Turbines for Floating Offshore Wind Project in South Korea
(OE) Danish wind turbine maker Vestas said Friday it had signed a preferred supplier agreement to supply its giant 15MW offshore wind turbines for a floating wind project in South Korea. Vestas did not say who the client was. It did say that the floating offshore wind project would have a capacity of 495 MW.... Continue Reading →
Acciona, Nordex team up for green hydrogen projects in US, Latin America, Africa
(Reuters) - Spanish engineering firm Acciona (ANA.MC) and Germany's Nordex (NDXG.DE) said on Friday they teamed up to develop green hydrogen projects within the next 10 years in the United States, Latin America and Africa. The 50-50 joint venture aims to reach the ready-to-build stage for its first projects by 2027 and expects to reach a production capacity of... Continue Reading →
Nine US Floating Wind Foundation Projects Win USD 1.6 Million from Department of Energy
(OW) The US Department of Energy (DOE) has selected nine floating wind foundation projects in Phase One of the FLoating Offshore Wind ReadINess (FLOWIN) Prize. Each project will receive USD 100,000 in funding and USD 75,000 in vouchers for technical support provided by DOE national laboratories. The winners of the first phase of the FLOWIN... Continue Reading →
TenneT Awards $25B in Contracts to Build North Sea-to-shore connections
(OE) Dutch state-owned electric grid company TenneT has awarded 11 contracts worth a combined 23 billion euros ($25 billion) to build systems connecting wind farms in the North Sea to shore, it said on Thursday. The contracts are being awarded to consortia led by Hitachi Energy and by General Electric, and caused shares in Petrofac, part of the Hitachi consortium,... Continue Reading →
Halliburton to assist Petrobras in stepping up digitalisation and enhancing exploration ops
Brazilian state-owned oil and gas giant Petrobras has picked Halliburton’s digital platform to accelerate digital transformation and address subsurface challenges. Halliburton revealed on Wednesday, 29 March 2023, that Petrobras would use its Landmark iEnergy digital platform. This comes after the two players executed a contract that gives Petrobras access to the entire Halliburton Landmark DecisionSpace 365 Geoscience... Continue Reading →
Petrobras driving ultra-deepwater rig demand
(OM) Petrobras has been a key driver of a tightening ultra-deepwater rig market, accounting for more than a quarter of all term floater contracts over the past two years, according to Evercore ISI’s latest Offshore Oracle report. From a rig count of 19 currently (up from 17 a year ago), Petrobras’ rig count is expected... Continue Reading →
New York’s first offshore wind farm linked to land
The subsea export cable for the South Fork wind farm offshore New York has now been installed, according to an update Eversource Energy posted on social media. The installation work, carried out by the Belgian company DEME using its dual-fuel cable laying vessel Living Stone, started in February with seabed preparation which included relocating boulders from the cable... Continue Reading →
Approval Granted for Floating Wind Platform that Includes Fish Farm
China Longyuan Electric Power Group Corporation has received Approval in Principle from China Classification Society (CCS) for its floating wind foundation design that incorporates a fish farm. The concept aims to achieve multi-space, multi-level sharing of ocean space, particularly as offshore wind power development gradually moves towards deeper waters. An installation is planned in the... Continue Reading →