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(Reuters) - Siemens Energy (ENR1n.DE) warned on Monday that a turnaround at Siemens Gamesa (SGREN.MC) will take several years, adding a 4.05 billion euro ($4.3 billion) bid to buy out minorities of the struggling wind turbine unit was the only way to fix the issues. "It's nothing which will go fast," Siemens Energy Chief Executive Christian Bruch told journalists... Continue Reading →
(Reuters) - U.S. energy firms this week added oil and natural gas rigs for a ninth week in a row, data showed on Friday, as mostly small producers respond to high prices and prodding by the government to ramp up output. The oil and gas rig count, an early indicator of future output, rose 14... Continue Reading →
(OE) The UK government on Friday appointed Tim Pick as the UK's first Offshore Wind Champion, as a £160 million (around $199,6 million) floating offshore wind fund opens for expressions of interest. "Ambitious plans to expand offshore wind around the United Kingdom to power homes and businesses with cheap, homegrown energy received a further boost... Continue Reading →
Strohm, a manufacturer of fully bonded, thermoplastic composite pipe (TCP), has signed a memorandum of understanding with renewable hydrogen supplier Lhyfe, which is based in Nantes, France. The companies plan to jointly develop systems for hydrogen transport, offshore and onshore, including what they claim will be the first floating wind turbine integrated with a hydrogen... Continue Reading →
The UK Government has awarded Vattenfall £9.3 million pounds ($11.5 million) in innovation funding to develop the world’s first hydrogen-producing offshore wind turbine, with the electrolyzer sited directly onto an existing operational turbine. The pilot project at Vattenfall’s Offshore Wind Farm in Aberdeen Bay will have an output of 8 MW. It will be able... Continue Reading →
(WO) Offshore wind continues to play a vital role in the global Energy Transition. It was another record breaking year in 2021 for the offshore wind industry, with record start-ups (84 farms, 18.5 GW, 3,400 turbines) increasing global active capacity 58% to an all- time high of 50.5 GW. This takes offshore wind to approximately 0.3%... Continue Reading →
Deepwater Atlas, dubbed the world's first 8th generation drillship, was recently named at a ceremony in Singapore. The news of the naming ceremony, held late in April, was shared by Transocean, a drilling contractor that owns the vessel, via social media this week. The Deepwater Atlas and its sister rig Deepwater Titan will be the... Continue Reading →
(OE) Liza Unity is the second floating production, storage, and offloading unit of several expected to be deployed at ExxonMobil's Stabroek block off Guyana in the years to come. The FPSO, delivered by the Dutch FPSO specialist SBM Offshore, started producing oil in February. At peak, the FPSO will produce 220,000 barrels of oil per day. For... Continue Reading →
Technip Energies and its affiliates Kanfa and Inocean on Wednesday launched a suite of carbon-free solutions for green hydrogen production called of GO.H2TM by T.EN. "Hydrogen is integral to the energy transition, and, building on its long-lasting hydrogen and offshore track record, Technip Energies is bringing expertise into green hydrogen to meet an increasing global... Continue Reading →
(Reuters) - Germany's Siemens Energy (ENR1n.DE) is mulling a bid to buy the third of Siemens Gamesa (SGREN.MC) it does not already own, the company said on Wednesday, hoping this will help it fix long-standing problems at the Spanish-listed wind turbine maker. Siemens Energy faces mounting shareholder pressure to seek control of Siemens Gamesa, in which it owns 67%,... Continue Reading →
