Brought to you by Quest Offshore & Southern Cone Consultants
(OE) Ørsted has signed an agreement with Eversource to acquire Eversource’s 50% share of Sunrise Wind, a 924 MW offshore wind farm which would deliver power to New York. The acquisition is subject to the successful award of Sunrise Wind in the ongoing New York 4 solicitation for offshore wind capacity, signing of an Offshore... Continue Reading →
(Reuters)Several offshore wind developers will likely bid in New York's fourth offshore wind solicitation by the Thursday deadline, including units of European energy firms Orsted, Equinor and BP. The development of the U.S. offshore wind industry took a major blow last year when companies working in several states said they could no longer complete projects... Continue Reading →
(Reuters) - New Jersey's utility regulator on Wednesday approved two offshore wind power projects proposed by units of Attentive Energy and Invenergy. The approvals were part of the state's third solicitation for offshore wind seeking 1,200-4,000 megawatts (MW) of power capacity. In total New Jersey is looking to achieve about 11,000 MW of offshore wind... Continue Reading →
(Reuters) U.S. oilfield technology firm Baker Hughes beat Wall Street estimates for fourth-quarter profit on Tuesday, powered by strong demand for its services and equipment from LNG producers, as well as offshore and international markets. The company concludes fourth-quarter reports from the world's top oilfield services providers. International demand also helped rivals SLB and Halliburton beat estimates amid slowing activity in... Continue Reading →
(OE) Halliburton's fourth-quarter profit beat market expectations on Tuesday as strength in offshore and overseas drilling activities boosted demand for oilfield services and equipment. With a better economic environment and acerages internationally, oilfield services are setting their sights outside the United States to grow, with the North American segment dominated by higher efficiencies but fewer... Continue Reading →
(Bloomberg) -- The privatization of state-run oil company YPF SA is no longer included in sweeping reforms that President Javier Milei is trying to get approved by Argentina’s congress, according to a summary of the legislation circulated by the government Monday. The so-called omnibus bill, currently up for debate in the lower house, was changed... Continue Reading →
The US State of Massachusetts has extended the deadline for submitting bids in its ongoing offshore wind energy solicitation until 27 March. Connecticut and Rhode Island, Massachusetts’s partner states under an agreement signed last year that allows for the procurement of multi-state offshore wind projects, have also extended the bidding deadline in their respective solicitations.... Continue Reading →
(OE) Copenhagen Infrastructure Partners (CIP) has launched Copenhagen Energy Islands (CEI), a new development company dedicated to developing energy islands globally with backing from Nordic, European, and North American investors Copenhagen Energy Islands will build on CIP’s long-standing experience and expertise within offshore wind to develop energy island projects globally, and is currently developing a... Continue Reading →
(OE) Endiprev has strengthen its international profile after becoming the lead engineering services provider for the 806 MW Vineyard Wind 1 project - USA’s first utility-scale offshore wind energy project. The Texas-headquartered company delivers a range of specialized technical and engineering services for onshore, offshore and high voltage energy generation. Endiprev is currently performing mechanical... Continue Reading →
(Reuters) Massachusetts, Connecticut and Rhode Island extended on Thursday the date bids are due in the states' next offshore wind solicitations from Jan. 31 to March 27. Offshore wind is expected to play a critical role in U.S. President Joe Biden's and several states' plans to decarbonize the power grid and combat climate change. But... Continue Reading →
Brazil Energy Insight 