(OE) Dutch offshore access provider Ampelmann has signed a major contract with Seaway7 to supply an E5000 gangway to support the construction of a U.S. offshore wind project. With Ampelmann’s recent engagements in South Fork and Vineyard Wind nearing completion, the project sees the continuation of the company's involvement in the emerging U.S. offshore wind... Continue Reading →
Equinor Secures Offtake Contract with New York State for Empire Wind 1 Project
(gCaptain) Equinor, a leading energy company, has announced the execution of a Purchase and Sale Agreement (PSA) with the New York State Energy Research and Development Authority (NYSERDA) for the renewable energy produced by the Empire Wind 1 offshore wind project. The agreement comes after NYSERDA’s February announcement selecting Equinor as a conditional winner in... Continue Reading →
DNV Certifies COWI’s Offshore Wind Turbine Foundations for Empire Wind 1
(OE) COWI North America, a subsidiary of engineering company COWI, has achieved approval certification body DNV for its offshore wind turbine foundations design for Equinor’s Empire Wind 1 offshore New York. COWI developed optimized foundation designs for 54 15MW turbines, set to generate 810MW, which has now been approved by DNV. The design not only... Continue Reading →
BP, Trinidad’s NGC Receive US License for Gas Development with Venezuela
(Reuters) British oil major BP and Trinidad and Tobago's state energy firm NGC have received a two-year license from the U.S. Treasury Department to negotiate and develop the Cocuina-Manakin gas fields with Venezuela, Trinidad's energy minister said on Wednesday. Washington last month did not renew a broad license that had allowed Venezuela to freely export... Continue Reading →
BOEM Finalizes Environmental Review of Gulf of Maine Offshore Wind Research Lease
(OE) The US Bureau of Ocean Energy Management (BOEM) has released its Final Environmental Assessment (Final EA) of an offshore wind research lease in the Gulf of Maine. In October 2021, the state of Maine requested a research lease for the purpose of researching floating offshore wind energy technology and its deployment. The research... Continue Reading →
Yinson Production Refinances FPSO Anna Nery Through $1B Bond Placement
(OE) Yinson Production has placed $1.035 billion senior secured notes to refinance the floating, production, storage and offloading (FPSO) vessel Anna Nery, working for Petrobras in the Marlim field, offshore Brazil. The successful pricing of $1.035 billion 144A/Reg S non-recourse, senior secured notes, was issued by Yinson Boronia Production, which owns and operates the FPSO... Continue Reading →
California ISO Greenlights Transmission Plan for Offshore Wind Integration
(offshoreWind.biz) The California Independent System Operator (CAISO) has approved the 2023-2024 Transmission Plan that identifies and plans for key upgrades to California’s transmission system to deliver power from offshore wind turbines to the state’s homes and businesses. CAISO unveiled its draft 2023-2024 Transmission Plan last month which identifies a need to invest in 26 transmission... Continue Reading →
WoodMac Sees $1 Trillion At Risk for Clean Energy Investments Under Trump
(Oilprice.com) A second Trump presidency could place a huge part of renewable energy investments at risk, increase carbon emissions by 1 billion tonnes more by 2050 and delay peak fossil fuel demand by 10 years beyond current forecasts, energy analytics firm Wood Mackenzie has predicted. WoodMac projects ~$7.7T in overall spending by the U.S. energy sector... Continue Reading →
BP Pauses Gas-Field Talks with Venezuela as License Expires
(Reuters) Oil major BP has paused discussions with Venezuela on the development of a gas project on the maritime border with Trinidad and Tobago following the expiration of a U.S. license to Venezuela in April, a company spokesperson said on Wednesday. BP this year conducted negotiations with Venezuela and Trinidad to develop the 1 trillion... Continue Reading →
First Foundation Installed for Coastal Virginia Offshore Wind
(OE) Dominion Energy has announced that the first monopile foundation for the 2.6-gigawatt Coastal Virginia Offshore Wind (CVOW), the largest offshore wind farm under construction in the United States, has been installed approximately 29 miles off the Virginia Beach coast. The monopile was installed by the Orion, DEME Group's heavy lift vessel. Once complete in... Continue Reading →