In support of the current administration’s goals to deploy 30 gigawatts (GW) of offshore wind energy capacity by 2030 and 15 GW of floating offshore wind energy capacity by 2035, the Bureau of Ocean Energy Management (BOEM) today announced the publication of a Call for Information and Nominations (Call) for possible wind energy leasing off... Continue Reading →
US Ex-Im bank approves $526 mln gas-to-energy loan to Guyana
(Reuters) - The U.S. Export-Import Bank approved a $526 million loan to Guyana for an energy project designed to double the South American country's installed electric capacity and reduce oil imports, the Guyanese government and Ex-Im said on Thursday. The project, which falls under Ex-Im's mandate to help exporters facing competition from China, will use... Continue Reading →
California Ports Forge Partnership to Advance Floating Offshore Wind
The California State Lands Commission and the ports of Long Beach and Humboldt have joined forces to advance floating offshore wind development off the California coast. Through this collaboration, they aim to develop critical port infrastructure for wind turbine assembly, with installations planned 20-30 miles offshore Humboldt County and Morro Bay. “This important agreement parlays... Continue Reading →
Expro Teams Up with Petrobras for New Well Flowmeter Tech
U.S.-based oilfield services provider Expro has signed a technology agreement with Petrobras for the development of a new non-intrusive flowmeter for the optimization of production from oil and gas wells. The technology will provide flow rates and identify flow patterns, generating online and real-time data availability for control and monitoring of slug instabilities to increase... Continue Reading →
Petrobras to use Nasa technology to monitor the Equatorial Margin
Petrobras has been accepted into the Early Adopters program of the NISAR (Nasa-ISRO Synthetic Aperture Radar) mission, a joint project between the American space agency and the Indian Space Research Organization to develop and launch, in 2025, an unprecedented SAR (Synthetic Aperture Radar) satellite image collection system for Earth observation. The images will be used... Continue Reading →
Tugdock hits key milestone as its pioneering TSP technology earns DNV endorsement
Tugdock has reached a significant milestone as its Tugdock Submersible Platform (TSP) is awarded the prestigious ‘Statement of Feasibility’ from DNV, the world’s leading independent energy expert and assurance provider. This endorsement recognizes the TSP as a transformative technology with applications across multiple markets, including floating offshore wind, vessel drydocking and decommissioning. The TSP is a... Continue Reading →
BOEM Advances Leasing for GoM Offshore Wind Energy
(OE) The Bureau of Ocean Energy Management (BOEM) announced today that it is issuing a Determination of Competitive Interest in two Wind Energy Areas (WEAs) in the Gulf of Mexico. The determination comes after an unsolicited request from Hecate Energy Gulf Wind LLC expressing interest in acquiring a commercial wind energy lease for WEA options... Continue Reading →
Busy Week in the US Offshore Wind Market
(offshoreWIND.biz) With projects in pre-construction, under construction and undergoing permitting, the US offshore wind industry is getting busier by the day. Over the past week, updates on project milestones, contracts and permitting made the news on offshoreWIND.biz. Catch up with these stories in our recap 👇 Sif Produces First Empire Wind 1 Monopile in Netherlands... Continue Reading →
Study to Explore Impact of Floating Offshore Wind Farms on Ocean Life
(OE) Scientists from the University of Plymouth, Heriot-Watt University and the Marine Biological Association are leading a new project exploring the consequences of floating offshore wind farms on ocean life. The FRONTLINE project will employ AUVs, satellite remote sensing, digital video aerial surveys and seabird and fisheries tracking to investigate how the rapid expansion of... Continue Reading →
Shell Pumps the Brakes on Offshore Wind Investments, Splits Power Group
Shell is stepping back from new offshore wind investments and is splitting its power division following an extensive review of the business that was once seen as a key driver of the company's energy transition strategy. (Reuters) The changes are part of a company-wide review launched in 2023 aimed at reducing costs as CEO Wael Sawan focuses... Continue Reading →