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Wendy Laursen, Contributing Writer (OE) The intermittency of offshore wind power is both a challenge and an opportunity for green hydrogen production. There will be a new generation of platforms taking up space in offshore wind farms as hydrogen production is used to help balance power supply and demand. Green hydrogen could be produced at... Continue Reading →
(offshore-energy.biz) JDR Cable Systems is already at the forefront of the production and supply of dynamic subsea cables to the floating wind market and will become a leader as the market expands, JDR’s Chief Strategy and Compliance Officer said in an interview with our sibling news site offshoreWIND.biz. The UK-based offshore wind cable supplier has already... Continue Reading →
(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 →
(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 →
In August, Petrobras obtained an environmental license from Ibama to begin seismic research activities in the Búzios Field, in the Santos Basin. This is the second OBN (Ocean Bottom Nodes) acquisition for the field, and the first for 4D monitoring The goal is to generate high-quality data, with cutting-edge technology, to improve the identification of... Continue Reading →
(offshore-energy.biz) DOF Subsea has secured a contract extension for its high-end subsea vessel that will keep the vessel busy until mid-2028. The new commitment for DOF’s Skandi Africa will run until May 2028 and will commence in direct continuation with the current commitment, which runs until February 2025. According to the company, the high-end subsea vessel... Continue Reading →
(TN) OceanPact received the award for the third most honored company in Latin America, in the small cap category in the Oil & Gas and Petrochemical sector, in the traditional survey conducted by Institutional Investor Research, which consulted around 1,200 investors and market analysts. OceanPact's “Investor Day” was considered the best in this same category.... Continue Reading →
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 →
(Reuters) Offshore wind farm developer Orsted has no Chinese turbines in its current project pipeline, its CEO said on Thursday, but did not rule out buying turbines or technology from China in the future. The European wind turbine market is dominated by local players such as Vestas and Siemens Gamesa, but Chinese turbine makers have... Continue Reading →
Brazil Energy Insight 