(Reuters) Germany plans to build more wind turbines in the North and Baltic seas than originally planned, a draft plan by the maritime authority showed on Friday, as Berlin aims to have 70 gigawatts of offshore wind energy by 2045. Germany's Maritime and Hydrographic Agency (BSH) on Friday published a draft containing specifications for offshore... Continue Reading →
Eletrobras signs agreement with Prumo to produce green hydrogen at Brazilian port
(Reuters) - Brazil's Eletrobras, Latin America's largest utility, signed a memorandum of understanding with infrastructure company Prumo to produce green hydrogen in a port in Rio de Janeiro, which could lead to development of a pilot plant, the two firms said. The memorandum, signed on Wednesday at an event in Rio, also opens the door... Continue Reading →
Bankrolling fossil fuels: 60 giant banks pick up the $7 trillion tab for coal, oil & gas
(Offshore-energy.biz) While global efforts to break away from emission-intensive fossil fuels and pivot to low-carbon and renewable energy alternatives have grown by leaps and bounds since the Paris Agreement came onto the scene, concerns over energy security, rising demand, and population growth have enabled coal, oil, and gas to spread their wings further, with over... Continue Reading →
US faces ‘learning curve’ with offshore wind, says Atlantic Shores exec
(OffshoreMagazine)Rain Byars, technical and delivery director with Atlantic Shores Offshore Wind, provided a developer's perspective on US offshore wind during her keynote session on May 7 at the Offshore Technology Conference (OTC). The dedicated offshore wind thread was a first at OTC this year. Byars has 14 years of experience in offshore wind, and prior to... Continue Reading →
Petrobras cheers 41% cut in operational GHG emissions since 2015
(Offshore-energy.biz) Brazilian state-owned oil and gas giant Petrobras has tucked a new greenhouse gas (GHG) emission reduction milestone under its belt with a 41% drop in operational absolute GHG emissions between 2015 and 2023 on the decarbonization journey towards a just energy transition and net zero operations. Thanks to this, one of the highlights of the new... Continue Reading →
OTC 2024: Petrobras CEO stresses importance of partnerships during energy transition
(OM In a jam-packed, standing-room-only session at the Offshore Technology Conference (OTC), Petrobras President and CEO Jean Paul Prates emphasized that synergy is the lifeblood of the industry and that collaboration with suppliers and investors will leverage the sector and pave the way for an energy transition without leaving behind workers, service providers, contractors or... Continue Reading →
Second HVDC Platform Installed at World’s Largest Offshore Wind Farm
(OE) Saipem has installed the second unmanned High Voltage Direct Current (HVDC) platform at Dogger Bank, being built in UK waters and set to become the world’s largest offshore wind farm once constructed. The substation is the second of three platforms, each supplied by Aibel, to be installed at Dogger Bank offshore wind farm, which... Continue Reading →
US Plans 12 Offshore Wind Auctions Over Five Years
(Reuters) President Joe Biden's administration unveiled plans on Wednesday to hold up to a dozen auctions of offshore wind development rights through 2028, including four before the end of this year. The schedule will help companies, states and others plan for projects that require massive amounts of investment and infrastructure, the Interior Department said in... Continue Reading →
A new standard for offshore wind. Creating a climate of investor confidence.
(offshoreWIND.biz) Milad Sheikhi, Head of Sales and Business Development – Offshore Wind at Jumbo Offshore discusses the way forward for standardisation in offshore wind. Is regulatory restriction the way forward for offshore wind – or will a free market approach yield more rapid returns? With increasingly ambitious targets in the coming years, the pressure is... Continue Reading →
Petrobras obtains environmental license for drilling in the Potiguar Basin, on the Brazilian Equatorial Margin
Petrobras received the environmental license from Ibama for drilling two exploratory wells in the BM-POT-17 maritime block, in deep waters of the Potiguar Basin, on the Brazilian Equatorial Margin. The first well will be drilled 52 km off the coast. Drilling is expected to begin in the coming weeks, after the rig arrives at the... Continue Reading →