Brought to you by Quest Offshore & Southern Cone Consultants
(OE) Portugal is beckoning a new era for offshore wind after officially signing ‘rules of procedure’ for a new Technological Free Zone located off the coast of Viana do Castelo. The news was announced during an international conference in Lisbon promoting offshore wind supply chain development between Portugal and Norway. Addressing the delegation, Portugal’s Secretary... Continue Reading →
(OE) ABL Group has entered into an agreement to acquire Brazil-based naval architecture and engineering consultancy Proper Marine, increasing its expertise in floating production storage and offloading (FPSO) sector. Proper Marine will be merged with ABL’s design and engineering arm Longitude. The company will expand ABL’s design and engineering capabilities with a team of over... Continue Reading →
(Reuters) - Brazil announced details of its new climate change pledge late on Friday night that sets a target to lower the country's greenhouse gas emissions by 2035, which it will present during the United Nations climate summit COP29 in Azerbaijan, according to a government statement. WHY IT'S IMPORTANT Brazil is the largest country in... Continue Reading →
(Reuters) - Demand for green power in the United States will grow regardless of who is the country's next president, major players in the wind energy sector Vestas and Orsted said on Tuesday. Offshore wind developers have seen profits shrink in recent years due to rising raw material costs, high interest rates, inadequate grid connections, supply chain bottlenecks,... Continue Reading →
(offshorewind.biz) Dominion Energy revealed that 78 monopile foundations and four offshore substations were installed at the 2.6 GW Coastal Virginia Offshore Wind (CVOW) project in the US during the first installation season. Dominion Energy said that it achieved its initial goal of installing at least 70 monopiles into the seafloor 27 miles off the coast... Continue Reading →
(OE) TechnipFMC and Prysmian have signed a collaboration agreement to further accelerate the global development of floating offshore wind to help meet growing demand for renewable electricity. The collaboration agreement brings together the technologies and competencies of these two offshore industry leaders, providing the unique capabilities to pioneer a complete water column solution, from seabed... Continue Reading →
(oilprice.com) Several countries across Latin America have made ambitious climate pledges over the last few years, but can they deliver on their promises? The region is well known for its oil and gas production, as well as for its rapidly expanding critical mineral industry. Using experience from already strong energy sectors, can countries such as... Continue Reading →
(offshoreWIND.biz) The Danish Energy Agency (DEA) has granted RWE the offshore construction permit for its Thor offshore wind farm, enabling RWE to begin construction at sea in spring 2025. RWE said that good progress is already being made on land, with the laying of cables and the construction of an onshore substation in the municipality... Continue Reading →
(offshoreWIND.biz) Avangrid and Invenergy have each secured two lease areas in the Gulf of Maine auction, where total bids exceeded USD 21.9 million (approximately EUR 20 million), marking the first lease sale in the region and the first for floating offshore wind on the US Atlantic coast. The US Bureau of Ocean Energy Management (BOEM)... Continue Reading →
(Reuters) - Colombia's energy ministry said on Tuesday it had received interest from seven foreign and two local companies in an offshore wind power project and that it expected formal bids within the first six months of 2025. The companies include Colombian state oil firm Ecopetrol and power firm Celsia, Spain's BlueFloat Energy, Denmark's Copenhagen Infrastructure Partners,... Continue Reading →
Brazil Energy Insight 