(TN) In the coming years, Rio Grande do Norte should become one of the main locations for the study and development of technologies aimed at installing offshore wind farms in the country. The statement was made by the president of Petrobras, Jean Paul Prates, during a press conference held to detail how the company will... Continue Reading →
Energy Transition: What is an Offshore Vessel Operator to Do?
Philip Lewis, Contributor (OE) The energy transition is moving ahead amid recovery in offshore oil & gas and growth in offshore wind, leaving vessel owners that serve these markets with big questions about energy carrier and energy converter selection for their newbuilds.What is driving the change? The foundations of energy transition in the offshore and marine... Continue Reading →
Hollandse Kust Noord Wind Farm Delivers First Electricity
The 759 MW Hollandse Kust Noord offshore wind farm has produced its first green power and delivered it via TenneT’s offshore grid to the Dutch mainland. “We often talk about milestones along a project’s journey, and CrossWind has had a number to date, but to have the wind turbines generating green electricity safely and successfully... Continue Reading →
Global oil & gas investments on track to reach $528 billion – IEA
As the spending on clean energy seems to be growing by leaps and bounds while investments in fossil fuels are not keeping up with this pace, the International Energy Agency (IEA) believes that this pivot to green and low-carbon sources is paving the way for peak oil demand to come into view. Is black gold... Continue Reading →
Natural gas hailed as backbone of energy mix with security of supply and decarbonisation vying for attention – Long read
(OET) The energy woes that befall the world in 2022 brought about the double whammy of rapidly working on diversifying the energy mix with more renewables while ramping up the crude oil and natural gas production to appease the increasingly intertwined concepts of energy security and transition to a green and low-carbon future. In this... Continue Reading →
Crowley Invests in Tugdock’s Floating Dry Dock Platform to Boost U.S. Floating Offshore Wind
(OE) U.S.-based maritime logistics and offshore services firm Crowley on Wednesday announced a new investment in Tugdock. Tugdock has developed "the world’s first road-transportable floating dry dock" known as the Tugdock Submersible Platform (TSP), to help advance offshore wind energy in the U.S. Crowley and Tugdock will explore the potential use of the platforms in... Continue Reading →
Denmark to take 20% ownership of new offshore wind farms
(Reuters) - The Danish state will take a 20% stake in four planned offshore wind farms with a total capacity of at least 6 gigawatts (GW), the country's ministry of climate, energy and utilities said on Tuesday. Under the terms in the upcoming tenders, developers will compete to offer the state the highest fixed annual... Continue Reading →
Portugal’s first offshore wind auction targets capacity above 1 GW
(Reuters) - Portugal's first auction of licenses to build offshore wind farms, set to be launched by the end of the year, is aimed for projects with a total installed capacity of more than 1 gigawatt (GW), Energy Secretary Ana Fontoura said on Tuesday. In January, the Socialist government announced a public hearing to propose five areas... Continue Reading →
Repurposing oil & gas infrastructure to harness offshore wind power – Long read
(OET) As the green energy push gathers speed, propelling the shift to renewable energy sources forward, this raises concerns about oil and gas projects being in danger of turning into stranded assets while the world hurtles towards net-zero. However, the potential of converting the existing fossil fuels infrastructure for use in the offshore wind industry... Continue Reading →
TotalEnergies signs memorandum for offshore wind projects with the Government of Rio de Janeiro
TotalEnergies and the Government of Rio de Janeiro announced the signing of the Memorandum of Understanding (MoU) to collaborate with the development of offshore wind generation in the State. The agreement, which lasts for 2 years, includes the company's collaboration in studies related to fiscal and tax incentives and the expansion of the GRID system... Continue Reading →