Category: Sustainability

Gazelle Wind Power And Tugdock Work Together to Reduce Cost of Floating Offshore Wind Platform  

Gazelle Wind Power (Gazelle), the developer of a next-generation floating offshore wind platform, and Tugdock, developers of the world’s first road-transportable floating dry dock known as the Tugdock Submersible Platform, have signed a Memorandum of Understanding to co-develop a modular offshore wind assembly system, that is expected to dramatically drive down costs and increase production... Continue Reading →

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JIP to Advance Offshore Wind Concrete Floater Standards

(OE) DNV secured partners to launch a new project to enhance technology development and prepare for scale/industrialization of concrete substructures for floating offshore wind. The new Joint Industry Project (JIP) called Concrete FLOW will optimize requirements for concrete floaters (floating or semisubmersible structures, generally moored to the seabed, used as foundations upon which equipment can be mounted),... Continue Reading →

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TotalEnergies draws attention to slow energy transition progress, urging developed economies to support Global South’s transformation – Long read

(OET) France’s energy giant TotalEnergies has published its new annual energy outlook, presenting scenarios for the evolution of demand and the global energy system to contribute to the energy transition’s debate in the run-up to COP28. While the decarbonization engine is not running smoothly and needs to be tweaked to reach full speed, the oil... Continue Reading →

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ExxonMobil flows oil from third project offshore Guyana as FPSO comes online ahead of schedule

(OET) U.S.-headquartered energy giant ExxonMobil has started production from its third oil development at the Stabroek block offshore Guyana, boosting total production capacity in the country to approximately 620,000 barrels per day. ExxonMobil made a final investment decision to proceed with the Payara field development, Guyana’s third offshore oil development on the Stabroek Block, at the end of September... Continue Reading →

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Petrobras on 2024-2028 Strategic Plan

Petróleo Brasileiro S.A. – Petrobras, in relation to the news published in the media and in line with the statement of October 25, 2023, confirms that its 2024-2028 Strategic Plan (2024-28 SP) is under construction, and will still be approved by the company's Executive Board and Board of Directors. The strategic elements of the 2024-28... Continue Reading →

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First of a Kind Offshore Renewable Energy Hybrid Project Unveiled in China

(OE) The world's first offshore renewable energy project, combining floating wind power and deep-sea aquaculture, has been completed in China, Shanghai Electric Wind Power Group has informed. The project is developed by Longyuan Power Group, together with Shanghai Electric Wind Power Group (Wind Power Group), a subsidiary of Shanghai Electric, which provides the power generation... Continue Reading →

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