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(PN) Petrobras will have 47 projects included in the new Growth Acceleration Program (PAC), launched this Friday, in Rio de Janeiro, by President Luiz Inácio Lula da Silva. The company's investments in PAC 2023 amount to R$ 323 billion. The president of Petrobras, Jean Paul Prates, highlighted, among them, pre-salt production systems, revitalization of conventional... Continue Reading →
All 13 monopile foundations have been installed at the South Fork Wind Farm site offshore New York, the state’s first offshore wind farm. Boskalis’s offshore installation vessel Bokalift 2 was responsible for the transporting and installation of the foundations, as well as the one for the substation, the first American-built offshore wind substation. More than 350 workers across... Continue Reading →
(OW) After awarding four offshore wind areas to BP and TotalEnergies for EUR 12.6 billion through its first dynamic bidding process last month, the German Federal Network Agency (BSH) has now awarded further sites for a total of EUR 784 million in the process organised for four centrally pre-investigated areas. Three of the new four... Continue Reading →
(Reuters) - A "growth acceleration program" to be launched by Brazil's President Luiz Inacio Lula da Silva on Friday will include a total 1.7 trillion reais ($347.47 billion) in investments in all states, the government said. The program, known as PAC, revisits an initiative that Lula introduced in 2007 during his first tenure as president,... Continue Reading →
(PN) Petrobras conducted performance tests of an innovative model of offshore wind technology, a pioneer in Brazil, in collaboration with the Polytechnic School of USP. The tests aimed to evaluate the functioning of a small-scale floating wind system, composed of a wind turbine mounted on a four-column semi-submersible structure. This configuration was positioned in the... Continue Reading →
(OE) Spanish renewables energy company Iberdrola has awarded Windar Renovables a contract to manufacture 21 transition pieces for the Windanker offshore wind farm in German waters. Production will be carried out at the Avilés facilities, with the collaboration of a large number of Spanish suppliers in the manufacture of the secondary structure, which will be integrated in... Continue Reading →
(Reuters) - The world's leading turbine maker Vestas (VWS.CO) on Wednesday said it aims to turn a profit this year, despite a bigger than expected second quarter adjusted loss and its expectation supply chain disruptions would continue for the rest of 2023. The Danish-listed company is struggling to deliver a backlog of projects from pandemic-hit years and... Continue Reading →
(OM) Colombia’s new President Gustavo Petro has pledged to position his country as a leader of the energy transition. According to Wood Mackenzie, his plans for fiscal reform involve higher taxes for extractive industries, and hydrocarbons provide the primary source of Colombia’s revenue. At the same time, the country has to address the long-standing challenge... Continue Reading →
(OW) Technip Energies has signed a Memorandum of Understanding (MoU) with the yard infrastructure provider, Young Chang, and heavy lifting solutions provider, Sarens, to collaborate on floating offshore wind projects offshore South Korea. Carl Sarens, Managing Director of Sarens Projects, said: ”We are looking forward to our cooperation with Technip Energies and Young-Chang Heavy Industries. Our objective... Continue Reading →
Dutch-based SBM Offshore and Ireland’s renewable project developer DP Energy have set up a joint venture to pursue floating offshore wind energy opportunities off Nova Scotia, Canada. The duo said they would work to support Nova Scotia’s ambitious climate action targets and “contribute meaningfully” to the phasing out of coal from the grid. The Canadian... Continue Reading →
