Petróleo Brasileiro S.A.- Petrobras informs that on Tuesday (18/6) it signed a Protocol of Intentions with the Government of the State of Rio de Janeiro to State of Rio de Janeiro to carry out joint studies to feasibility of implementing an offshore wind energy pilot project. project. The agreement provides for the establishment of cooperation... Continue Reading →
DNV: Oil & gas witnessing confidence resurgence while energy transition price tag hampers net-zero aspirations
(Offshore-energy.biz) As looming political uncertainty prepares the world for the incoming tsunami of elections, optimism still runs strong in the energy industry, especially within the oil and gas sector. While rising costs and supply chain disruptions are putting at risk the viability of many projects and dampening the short-term optimism for electrification and renewables, a new... Continue Reading →
Vallourec Hooks Major Deal with Equinor for Equipment Supply off Brazil
(OE) France-based tubular solutions supplier Vallourec has secured a five-year contract with energy giant Equinor for the supply of tubes and connections, accessories, and services for oil and gas fields in Brazil. Vallourec low-carbon OCTG solutions will contribute to the development of the Bacalhau and Raia fields operated in the pre-salt, as well as the... Continue Reading →
Netherlands: 2GW Offshore Wind Farm Co-Located with Floating Solar Gets Go-Ahead
(OE) Zeevonk, a joint venture of Copenhagen Infrastructure Partners (CIP) and Vattenfall, has secured a permit to build 2 GW offshore wind farm in the Netherlands, which will be co-located with floating solar farm and feature green hydrogen production system. The IJmuiden Ver Beta project will include a 50 MWp floating offshore solar farm on... Continue Reading →
Hitachi Energy investing $4.5B to accelerate energy transition, new jobs on the horizon
(Offshore-energy.biz) Hitachi Energy is planning to invest an additional $4.5 billion in manufacturing, engineering, digital, R&D and partnerships by 2027, doubling the investments done in the last three years, to accelerate the energy transition. The investment, complementing the recently announced $1.5 billion investment to ramp up global transformer production, is expected to enable Hitachi Energy to meet... Continue Reading →
Vard Launches Prysmian’s Monna Lisa Cable Layer
Norwegian shipbuilder Vard has launched a 171-meter-long cable laying vessel (CLV) Monna Lisa, being built for Prysmian, marking another major milestone towards the delivery of the vessel, scheduled for 2025. Prysmian executives gathered at the VARD shipyard in Tulcea, Romania to celebrate the launching of the new CLV Monna Lisa, the sister ship to the... Continue Reading →
Six Innovators Selected to Advance New York’s Offshore Wind Potential
(OE) The Offshore Wind Innovation Hub, led by Equinor, has selected six companies that will receive support to further develop their ideas and advance offshore wind’s potential in New York. Six companies were selected from a pool of 78 applicants based on the novelty of their solutions that will help propel the United States to... Continue Reading →
Germany to Build More Offshore Wind than Originally Planned
(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 →