OceanPact is recognized by institutional investors
(TN) OceanPact received the award for the third most honored company in Latin America, in the small cap category in the Oil & Gas and Petrochemical sector, in the traditional survey conducted by Institutional Investor Research, which consulted around 1,200 investors and market analysts. OceanPact's “Investor Day” was considered the best in this same category.... Continue Reading →
A Look Inside the East Asia & Pacific Offshore Wind Markets
Philip Lewis, Contributor, Director Research at Intelatus Global Partners. (OE) Whereas the foundations of commercial offshore wind development are found in Europe (and Europe will remain the largest overall regional market for offshore wind activity in the coming decade), the rapid development of the large East Asia and Pacific region provides both opportunities and some challenges... Continue Reading →
Orsted Might Consider Chinese Turbines
(Reuters) Offshore wind farm developer Orsted has no Chinese turbines in its current project pipeline, its CEO said on Thursday, but did not rule out buying turbines or technology from China in the future. The European wind turbine market is dominated by local players such as Vestas and Siemens Gamesa, but Chinese turbine makers have... Continue Reading →
Q Vision Near-Term Viable Market data module
There’s a new realism in the Floating Wind Industry. The big numbers from the hype days were never going to make it in time and projects are ‘moving to the right’ we hear almost daily. But perhaps those projects had too optimistic timelines initially. In reality, 2030 was just a round number and now that it’s suddenly close... Continue Reading →
Equinor, CBO and Wartsila complete conversion of PSV with potential to reduce emissions by 30%
(PN) Equinor, in partnership with CBO and Wärtsilä, has completed the hybridization of the CBO Wiser, a PSV (Platform Supply Vessel) type vessel. The vessel now has a battery system and uses both diesel and electric power, becoming the first of its kind in Brazil to operate in this way. With this innovation, a reduction... Continue Reading →
Ørsted Delays US Offshore Wind Project as Impairment Losses Hit
(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 →
Equinor, Dominion Energy Secure Central Atlantic Offshore Wind Lease Areas
(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 →
TDI-Brooks Wraps Up Geotechnical Job Offshore Mexico
(OE) TDI-Brooks, a U.S.-based marine services company specializing in geotechnical and offshore survey projects, has completed a third-party geotechnical coring project for Geohidra in the Southern Gulf of Mexico. This operation took place aboard the MV Laguna Azule. During the campaign, TDI-Brooks conducted a total of 32 Cone Penetration Tests (CPTs) using their Neptune 3000... Continue Reading →
Petrobras starts reactivation process for fertilizer plant in Araucária (Paraná state)
Petróleo Brasileiro S.A. – Petrobras following up on the release disclosed on 06/06/2024, informs that it will invest R$870 million to restart operating activities at the Araucária Nitrogenados S.A (ANSA) fertilizer plant, a wholly-owned subsidiary of the company. The plant, located in the state of Paraná, has been mothballed since 2020 and had its reopening... Continue Reading →
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