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(offshoreWIND.biz) The US Bureau of Ocean Energy Management (BOEM) will publish a Call for Information and Nominations (Call) for a second offshore wind energy sale in the Central Atlantic, seeking public input on potential development in areas off the coasts of New Jersey, Delaware, Maryland, Virginia, and North Carolina. BOEM will public the Commercial Leasing... Continue Reading →
(offhsoreWIND.biz) The US State of Maine and the Federal Bureau of Ocean Energy Management (BOEM) have agreed on a floating offshore wind research lease in the Gulf of Maine, which could allow for the deployment of twelve floating wind turbines capable of generating 144 MW. The research lease site, an area of up to 15... Continue Reading →
(Reuters) An arbitration panel that will decide a high-profile clash between Exxon Mobil and Chevron will delve into the secret value of Hess' oil riches in Guyana, people familiar with the matter said. Chevron last October offered to pay $53 billion for Hess, one of the two biggest deals in the largest wave of consolidation... Continue Reading →
(Reuters) Renewable energy group Orsted booked 3.2 billion Danish crowns ($472 million) in impairment losses in the second quarter, due partly to a delay in construction of a major U.S. offshore wind project, sending its shares down almost 8% on Thursday. The world's biggest offshore wind developer pushed back the start of commercial operations at... Continue Reading →
(offshoreWIND.biz) Equinor and Virginia Electric and Power Co, a subsidiary of Dominion Energy, have provisionally won lease areas in the Central Atlantic offshore wind auction in the US, each securing one site. The auction, which yielded almost USD 93 million (around EUR 84 million), saw a total of six companies participating. Equinor is provisionally awarded... Continue Reading →
(OE) The Bureau of Ocean Energy Management (BOEM) has concluded that leases for potential offshore wind energy development off the Oregon coast would have no significant impacts to people or environment. BOEM has made available its final Environmental Assessment (EA) of the possible impacts from issuing leases for potential offshore wind energy development off the... Continue Reading →
(offshore-energy.biz) With oil, gas, and liquefied natural gas (LNG) still running the global energy show as the crown jewels within the ebbs and flows in the worldwide energy demand, the European and U.S. oil majors – the UK’s duo Shell and BP, France’s TotalEnergies, and Italy’s Eni alongside U.S.-based trio: ExxonMobil, Chevron, and ConocoPhillips –... Continue Reading →
(Reuters) Equinor and ExxonMobil Corp said on Wednesday they have transferred their stakes in a deepwater oil and gas exploration block off Suriname to Hess Corp, with the Norwegian oil producer exiting the South American country. The exit aligns with Equinor's strategy to focus on producing oil and gas in a few core areas, such... Continue Reading →
Barry Parker, Contributor of bdp1 Consulting Ltd (OE) Early 2024 saw a group of financial deals that have implications, in a broad sense, for how offshore wind projects may be financed. While offshore wind projects might be thought of as being in the ‘utility finance’ basket, they are ultimately high-risk deals that might better suit the... Continue Reading →
(OE) Fugro has completed four years of continuous survey operations in New Jersey and New York for US-based offshore wind developer Atlantic Shores Offshore Wind. Supporting the site assessment of five projects across three lease areas totaling 1,000 km², Fugro worked with Atlantic Shores to pioneer a new data collection and management approach. According to... Continue Reading →
Brazil Energy Insight 