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The PanGeo Subsea brand and company name have changed to Kraken Robotics as of 1 January 2023, following the completion of the acquisition by the Canadian company in 2021. To remind, Kraken Robotics entered into a non-binding letter of intent (LOI) to acquire PanGeo Subsea in April 2021. The Canada-based marine technology company completed the acquisition in the summer of 2021. According... Continue Reading →
(OWB) CSSC Haizhuang Wind Power, a subsidiary of China State Shipbuilding Corporation (CSSC), has rolled out the nacelle of the H260-18MW offshore wind turbine prototype. The H260-18MW has a rotor diameter of 260 metres and an individual capacity of 18 MW, making it the largest and the most powerful wind turbine currently on the market... Continue Reading →
Philip Lewis, Contributor (OE) The drivers for global offshore wind growth look good for 2023. Global offshore wind is forecast to grow from over 60 GW at the end of 2022 to 240 GW by 2030 and over 410 GW by 2035. But the sunny outlook must be balanced with some building dark clouds. As we... Continue Reading →
Norwegian industrial giant Hydro and compatriot next-generation offshore wind technology developer World Wide Wind (WWW) plan to explore using recycled aluminium to build a potentially revolutionary new floating design, under a letter of intent (LoI) signed today (Thursday). The pair – which expects to expand its collabloration to investigate employing the lightweight metal alloy in... Continue Reading →
(OE) OTSC Offshore Corporation (“TSC”), a subsidiary of CMIC Ocean En-Tech Holding Co., Ltd. has signed a memorandum of understanding with Spain-based offshore vessel and equipment design firm Offshoretronic. The MoU entails bringing together Offshoretronic's technical engineering experience in offshore wind transportation and installation, and TSC offshore equipment design and manufacturing expertise, with the goal... Continue Reading →
The Norwegian energy company Equinor has signed a strategic partnership with Germany's RWE that involves "large scale projects that will contribute to the European energy supply as well as to the ramp-up of the hydrogen economy in Germany and the EU." In addition, the partnership said it would strengthen the long-term security of supply of... Continue Reading →
Spanish renewable energy company Iberdrola has chosen Brazil as a place where it plans to install its first ever floating solar plant. The project will be built on the water surface of the Xaréu dam on the island of Fernando de Noronha, recognized by UNESCO as a World Natural Heritage Site. This initiative is carried... Continue Reading →
Simon Hogg, Durham University In 2023, some 100 miles off the coast of northeast England, the world’s largest wind turbines will start generating electricity. This first phase of the Dogger Bank offshore wind farm development uses General Electric’s Haliade X, a turbine that stands more than a quarter of a kilometer high from the surface of... Continue Reading →
Sembcorp Marine has completed the delivery of the Deepwater Titan drillship, the world’s second 8th-generation drillship, to Transocean’s subsidiary Triton Titan. Following the delivery, Deepwater Titan is scheduled for deployment on a five-year contract in the U.S. Gulf of Mexico. According to Sembcorp Marine, Deepwater Titan, based on the company’s proprietary Jurong Espadon 3T design,... Continue Reading →
Petróleo Brasileiro S.A. - Petrobras, following up on the release disclosed on 10/21/2022, informs the beginning of the binding phase regarding the sale of its onshore fiber optic network. Potential buyers qualified for this phase will receive a process letter with instructions on the divestment process, including guidelines for conducting due diligence and for submitting... Continue Reading →
Brazil Energy Insight 