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(offshoreWIND.biz) Brazil’s SENAI Institute of Innovation in Renewable Energy (ISI-ER) and SENAI’s Rio Grande do Norte branch, SENAI-RN, expect to receive the installation permit for their pilot project, the country’s first offshore wind project to be granted a preliminary licence, within 12 to 18 months and to have it operational within 36 months. Following the... Continue Reading →
(offshoreWIND.biz) The Reduced Commercial Risks with Demo of 15+ MW (RECORD15) joint industry project, which aims to install a latest generation turbine with a rated power over 15 MW on Ocergy’s floating platform in 2028, has been launched. The Front-End Engineering Design (FEED) contract for this pilot project was recently signed between Ocergy and three... Continue Reading →
(Reuters) King Charles III's Crown Estate, which owns Britain's seabed, said on Tuesday it will invest up to 400 million pounds ($543 million) in the country's offshore wind supply chain. The investment is intended to support the construction of new infrastructure, including ports, supply chain manufacturing, and research and testing facilities, to enable the deployment... Continue Reading →
(oilnow.gy) Just across the Corentyne River, Suriname is watching. It has seen Guyana go from oil discovery to oil power in less than a decade, GDP booming, rigs multiplying and an international attention growing. But where Guyana surged ahead, Suriname is moving with caution. Guyana’s momentum was driven by multiple factors: a stable investment climate, a business-friendly... Continue Reading →
(OE) California-based Aikido Technologies has signed an agreement with Marine Energy Test Centre (METCentre) in Haugesund, Norway, to deploy a first-of-its-kind 15MW demo project, called AO60. Once installed in 2027, the platform will be one of the largest floating wind platforms constructed and deployed to date. The METCentre has a long history of supporting innovative... Continue Reading →
(Reuters) - Britain has more than doubled funding available under a scheme seeking to spur investment in offshore wind projects to 544 million pounds ($721.78 million), after higher than expected demand, the government said on Friday. The country has put offshore wind at the heart of its 2030 clean energy plan and hopes to boost... Continue Reading →
(OM) Petrobras has upped its oil and gas exploration budget to develop new frontiers and expand production, even as it intends to foster the “energy transition” and work towards the Net Zero by 2050 goal. Those were among the thoughts offered by Petrobras CEO Magda Chambriard at a technical session held on Monday at the... Continue Reading →
(offshoreWIND.biz) The current US administration’s aggression towards the offshore wind market could put at risk up to USD 75 billion in investment, according to an analysis by Houston-based IntelStor. Based on the analysis, the application of tariffs as well as the recent moves to halt or cancel offshore wind projects in the US have jeopardised... Continue Reading →
(OE) The U.K. government has allocated $400 million, via publicly-owned clean energy company Great British Energy, to strengthen the domestic offshore wind supply chain. The funding, announced by U.K.’s Prime Minister Keir Starmer, will boost domestic jobs, mobilize additional private investment, and secure manufacturing facilities for critical clean energy supply chains like floating offshore platforms.... Continue Reading →
(Reuters) Norway's Equinor on Thursday weakened its energy transition plan as it struggles to deliver on pledges to invest more in renewable energy and low-carbon technologies, citing practical difficulties and a shift in political priorities. The oil and gas producer in 2022 laid out short- and medium-term steps intended to achieve net zero emissions, including... Continue Reading →
Brazil Energy Insight 