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Nov. 17 (OE) Allseas’ small modular reactor (SMR) technology could generate up to $150 million billion in economic value for the Netherlands and create as many as 40,000 new jobs by 2050, according to an impact study released on Monday by the offshore engineering group. The study, conducted by consultancy Roland Berger, found that deploying... Continue Reading →
Nov. 13 (agenciagov.ebc.com.br) The Minister of Mines and Energy, Alexandre Silveira, announced that the decree regulating Laws No. 14,948/2024 and No. 14,990/2024, which structure the legal framework for low-carbon hydrogen in Brazil, should be signed next week. The publication consolidates essential guidelines for the development of this new energy frontier, positioning the country at the... Continue Reading →
Nov. 12 (offshoreWIND.biz) Ørsted has reduced its carbon emissions by 98%, becoming the first energy company in the world to achieve its science-based 2025 decarbonisation target, the Danish firm announced on 12 November. Renewable energy accounts for 99 per cent of the company’s energy production, while its scope 1 and scope 2 emission intensity has... Continue Reading →
Nov. 6 (offshoreWIND.biz) The 3.6 GW Dogger Bank Wind Farm, which will become the world’s largest offshore wind farm once fully operational, will boost the UK economy by GBP 6.1 billion (approximately EUR 6.9 billion) during its lifetime and support thousands of UK jobs over the next decade, according to a report written by BVG... Continue Reading →
Nov 6 (Reuters) - As leaders gather for the U.N. climate summit in Brazil this month - three decades after the world's first annual climate conference - the data charting progress in the fight against global warming tells a sobering story. Despite years of negotiations, pledges, and summits, greenhouse gas emissions have climbed by a... Continue Reading →
Nov. 6 - The project to install a shipyard at Porto Central, currently under construction in Presidente Kennedy, in southern Espírito Santo, has made further progress. M.A.R.S. Europe A/S, the European subsidiary of M.A.R.S. Inc., has signed a new agreement with Porto Central to detail the project for the construction of a world-class shipyard in... Continue Reading →
Nov. 2 (oilprice.com) Ten years after the landmark Paris Agreement to pursue net-zero emissions by 2050, the world faces a slowing transition to clean energy despite record-breaking renewable capacity installations. Much has changed in the energy systems in the decade since the Paris Agreement was signed in 2015. These systems faced a global pandemic, the... Continue Reading →
Oct. 29 - Porto do Açu and SISTAC, a leading company in the Brazilian market for inspection, maintenance, and repair of submerged structures for the energy industry, signed a memorandum of understanding (MoU) at the Offshore Technology Conference - OTC Brasil, to study the joint offering of decommissioning services at the port-industrial complex located in... Continue Reading →
Oct. 21 - SMST has secured a new contract from Norwegian shipbuilder VARD for the delivery of two sets of mission equipment to be installed on an additional two of North Star’s newbuild Service Operation Vessels (SOVs). These vessels are part of a long-term charter agreement between shipowner and operator North Star and energy company... Continue Reading →
Oct 8 (Reuters) - Brazil's government on Wednesday detailed a new Eco Invest auction to attract foreign equity into innovation and sustainability projects, offering a foreign-exchange hedge mechanism for the first time. The government will channel Climate Fund resources to financial institutions to structure foreign-exchange and performance risk-hedging mechanisms, which the Finance Ministry said would... Continue Reading →
Brazil Energy Insight 