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(Reuters) After a bumper year for floating offshore wind farm tenders, the nascent industry is poised for explosive growth in the coming decade as countries strive to cut their carbon emissions. But it's unlikely to be all plain sailing. Rising costs and supply chain bottlenecks have hit some projects and without investment in infrastructure to... Continue Reading →
(OED) Singapore-based shipbuilding company Strategic Marine has commissioned a study to compare the efficiency of traditional diesel-powered and hybrid-powered crew transfer vessels (CTVs). The study will be conducted by the Maritime Energy and Sustainable Development Centre of Excellence (MESD CoE) at Nanyang Technological University, Singapore (NTU Singapore). It will assess the difference in energy and... Continue Reading →
(OE) German renewable energy firm RWE said Thursday it would be the first developer in the world to utilize Siemens Gamesa’s GreenerTower at its Danish offshore wind farm Thor. The tower steel plates are made of greener steel that produces at least 63 percent less CO2 emissions compared to conventional steel. According to RWE, 36 of... Continue Reading →
(Reuters) - Wind power may generate roughly 40% of North America's electricity by 2050, and solar power another 32%, if current and projected capacity development plans proceed as expected, data from risk assessment firm DNV shows. With hydropower expected to generate an additional 11.5% and nuclear a further 7.3%, over 90% of the region's electricity... Continue Reading →
(PN) Baker Hughes announced a new and important company contract in Brazil. The company will provide CO2 compression solutions for the FPSO P-80, P-82 and P-83, which will be operated by Petrobras in the Búzios field, in the Santos Basin pre-salt. There will be six compression trains, powered by gas turbines, designed to reinject more... Continue Reading →
(Reuters) - Siemens Energy (ENR1n.DE) has won contracts worth almost 7 billion euros ($7.68 billion) as part of a consortium with Spain's Dragados Offshore (ACS.MC) to transport wind farm power to northern Germany, the German company announced on Thursday. Under the deal with Dutch electric grid company TenneT (IPO-TTH.AS), the companies will supply technology for three offshore grid connections in... Continue Reading →
(epbr) Petrobras has begun reviewing the five-year strategic plan and will release the new plan for the period 2024-2028 at the end of 2023, along the lines of the last revisions, said Maurício Tolmasquim, current executive manager of Strategy at Petrobras. Tolmasquim was appointed to the Board of Energy Transition and Renewable Energy, a new... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras informs that it has signed, in partnership with Shell and Senai CIMATEC, a cooperation term (TC) for the construction of the Production Development Laboratory (LDP), the largest complex for pre-salt research and development. The LDP will enable safe operating conditions similar to the Brazilian pre-salt for testing integrated systems. The... Continue Reading →
(Reuters) - Oilfield firm Baker Hughes Co (BKR.O) beat first-quarter profit estimates on Wednesday, as stronger oil prices have supported demand for its equipment and services. Global oil futures are currently trading around $83.12 a barrel, down about 22% from a year ago but still well above a level where firms can drill profitably. Markets have been... Continue Reading →
(OW) Ørsted and the infrastructure division of Spanish Acciona have signed a memorandum of understanding (MoU) to explore options for floating wind foundations, including using carbon-neutral materials and industrialising the fabrication of concrete foundations. Under the MoU, the two companies’ focus will be on the use of carbon-neutral bio-cement, bio-concrete, and other materials and solutions,... Continue Reading →
Brazil Energy Insight 