Thermoplastic Composite Pipes Could Carry Hydrogen Produced Directly at Floating Wind Farms

Strohm, the developer of Thermoplastic Composite Pipe (TCP), has signed a memorandum of understanding (MoU) with French renewable hydrogen supplier Lhyfe, to collaborate on the transportation solution for hydrogen produced from a floating wind turbine to be integrated with a hydrogen production system. The partners said that they would collaborate on solutions for hydrogen transport, both onshore... Continue Reading →

May 10, 2022 0

Petrobras evaluates including energy transition projects in its new strategic plan and expects to close Regap and Six refineries sale in 2022

(PN) Petrobras' board of directors held a conference call with investors to detail the financial results for the first quarter. During the call, one of the main novelties was the signaling that the company may disclose some line of business focused on energy transition in its next strategic plan, which should be ready at the... Continue Reading →

May 6, 2022 0

Nigeria and Angola Responsible for Nearly Half of OPEC+ Oil Supply Gap

(OE) Almost half the shortfall in planned oil supply by OPEC and its allies is down to Nigeria and Angola, data seen by Reuters shows, reflecting a number of factors including moves by Western oil majors away from African projects. OPEC and its allies, known as OPEC+, pumped 1.45 million barrels per day (bpd) -... Continue Reading →

May 6, 2022 0

BlueFloat Energy Has 14 Offshore Wind Projects in South America

As the Colombian Government launched the country’s Offshore Wind Roadmap on 3 May, BlueFloat Energy revealed it has seven offshore wind projects under development in the country. This is just half of what the company plans in South America since there are also seven projects the Spanish developer is planning offshore Brazil. In Colombia, BlueFloat... Continue Reading →

May 5, 2022 0

Colombia Launches Offshore Wind Roadmap, First Project to Be Built in Barranquilla

Colombia’s President Iván Duque and Minister of Mining and Energy, Diego Mesa, launched the country’s Offshore Wind Energy Roadmap on 3 May at an event in the city of Barranquilla, whose waters will become the home of the first offshore wind farm in Colombia. The objective of the roadmap is to build a transparent and... Continue Reading →

May 5, 2022 0

Wind turbine makers struggle to find pricing power

(Reuters) - Wind turbine makers racked up hefty losses last quarter, swelled by rocketing costs and cut-throat competition despite being more in demand than ever. The industry started seeing a steep decline in prices and increased competition back in 2017 as some governments moved away from generous, fixed, subsidised tariffs for power toward an auction-based... Continue Reading →

May 5, 2022 0

BP goes all-in with plans to invest over $22 billion in UK energy

Oil and gas major BP intends to invest up to £18 billion (about $22.5 billion) in the UK’s energy system by the end of 2030 in a push to help the country deliver on its bold ambitions to boost energy security and reach net zero. One of the largest oil and gas producers in the... Continue Reading →

May 4, 2022 0

BP to keep betting on lower carbon, more economical offshore oil output

(Reuters) - British oil major BP (BP.L) will continue betting on "lower carbon, more economical" offshore oil and gas exploration and production, a company executive said on Monday, warning that lack of investment could lead to global oil scarcity. Offshore operations allow better control of emissions, especially in the U.S. Gulf of Mexico, said Starlee Sykes, BP's... Continue Reading →

May 2, 2022 0

SSE, Brookfield to Jointly Bid in Dutch 1.4GW Offshore Wind Tender

(Reuters) British utility SSE and green power firm Brookfield Renewable will work together in preparing bids for the Dutch 1.4 gigawatt (GW) Hollandse Kust (west) offshore wind farm zone tenders, they said on Wednesday. The 50/50 strategic partnership seeks to combine SSE Renewables' expertise in developing, constructing and operating offshore wind farms with Brookfield's experience... Continue Reading →

April 28, 2022 0

TechnipFMC’s subsea orders hit $1.9 billion in Q1 2022

TechnipFMC has reported $1.9 billion of inbound subsea orders in the first quarter of 2022, an increase of 83% when compared to the fourth quarter of 2021, resulting in a book-to-bill of 1.5. For the Subsea segment, TechnipFMC reported revenue of $1,289.1 million, a 4.3% increase from the fourth quarter of 2021, primarily said to... Continue Reading →

April 28, 2022 0

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Category: transition

Thermoplastic Composite Pipes Could Carry Hydrogen Produced Directly at Floating Wind Farms

Petrobras evaluates including energy transition projects in its new strategic plan and expects to close Regap and Six refineries sale in 2022

Nigeria and Angola Responsible for Nearly Half of OPEC+ Oil Supply Gap

BlueFloat Energy Has 14 Offshore Wind Projects in South America

Colombia Launches Offshore Wind Roadmap, First Project to Be Built in Barranquilla

Wind turbine makers struggle to find pricing power

BP goes all-in with plans to invest over $22 billion in UK energy

BP to keep betting on lower carbon, more economical offshore oil output

SSE, Brookfield to Jointly Bid in Dutch 1.4GW Offshore Wind Tender

TechnipFMC’s subsea orders hit $1.9 billion in Q1 2022

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