‘World’s Largest Single-Capacity’ Floating Wind Platform En Route to Installation Site

(offshoreWind.biz) Mingyang Smart Energy’s OceanX, which the company says is the world’s largest single-capacity floating wind platform, has sailed out of Guangzhou, China, and is heading towards the Qingzhou IV offshore wind farm in Yangjiang, Guangdong, where it will be installed. The floater is a dual-turbine V-shaped platform and has a generation capacity of 16.6... Continue Reading →

RINA Clears Saipem’s Protocol for Subsea Hydrogen Pipeline Materials

(OE) Italian classification and marine engineering consultancy RINA has issued two certifications for Saipem’s methodology of qualification of the performances of subsea hydrogen pipelines. One of the challenges of transporting hydrogen through converted or newly constructed pipelines is the risk of weakening materials. In response, Saipem has developed its own protocol to evaluate the performance... Continue Reading →

Mingyang Enters Deal with Renexia, Italian Gov’t to Set Up Shop in Italy; 18.8 MW Offshore Wind Turbines Planned for Large-Scale Mediterranean Project

(offshoreWind.biz) Renexia, Mingyang Smart Energy and Minister Adolfo Urso from the Ministry of Enterprises and Made in Italy (MIMIT) have signed a memorandum of understanding (MOU) that will see the Chinese OEM producing wind turbines in Italy and supplying 18.8 MW wind turbines for Renexia’s Med Wind floating wind farm. The agreement includes a EUR... Continue Reading →

FPSO Maria Quitéria arrives in Brazil

The Maria Quitéria platform vessel has arrived in Brazil, destined for the Jubarte field, in the Parque das Baleias complex, in the Espírito Santo portion of the Campos Basin. It is an FPSO (floating oil production, storage and transfer system) unit, equipped with technologies to reduce emissions, including the combined cycle in power generation –... Continue Reading →

Offshore Wind: Inside the Financial Web

Barry Parker, Contributor of bdp1 Consulting Ltd (OE) Early 2024 saw a group of financial deals that have implications, in a broad sense, for how offshore wind projects may be financed. While offshore wind projects might be thought of as being in the ‘utility finance’ basket, they are ultimately high-risk deals that might better suit the... Continue Reading →

Occidental Petroleum and Ecopetrol to Drill World’s Deepest Offshore Oil Well

(Oilprice.com)U.S. shale producer Occidental Petroleum Corp. (NYSE:OXY) and Colombia's integrated energy company Ecopetrol S.A. (NYSE:EC) are planning to drill an offshore oil well off Colombia's waters in seas roughly 3,900 meters (close to 13,000 feet) deep before the year is out, Bloomberg has reported. Dubbed Komodo-1, the ultra-deepwater well will qualify as the deepest offshore oil well in the world, beating... Continue Reading →

Japan’s Sumitomo Partners with Compatriot for Floating Offshore Wind

(offshoreWIND.biz) Japan’s Sumimoto Corporation and JGC Japan Corporation have signed an agreement to investigate the possibility of collaboration in the detailed design, manufacture, and delivery of structural components for floating offshore wind turbines. According to the companies, they aim to cut costs, improve efficiency, and mass-produce structures for floating wind farms, while also setting up... Continue Reading →

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