Houston-based Nauticus Robotics has secured a contract with Brazilian state-owned oil and gas giant Petrobras for the deployment and testing of its Aquanaut autonomous subsea robot offshore Brazil. The contract is said to come as Petrobras had recently ramped up efforts in robotics and artificial intelligence and is pioneering their application to the offshore sectors. Aquanaut... Continue Reading →
Prysmian to Supply Inter-Array Cables for Ørsted’s Hornsea 3 Offshore Wind Farm
(OE) Prysmian Group said Monday it had been awarded a new contract by Denmark-based offshore wind farm giant Ørsted to supply inter-array subsea cables for the Hornsea 3 offshore wind farm, located 160 km off the Yorkshire coast, UK. Once constructed, it will be able to supply well over 3 million households with electricity. Under... Continue Reading →
PGS Secures ‘Large’ Offshore Wind Farm Characterization Contract in the U.S.
(OE) Norwegian offshore survey services firm PGS said Monday it had won a "large" offshore wind farm site characterization contract in the U.S. from a "leading renewable energy company." PGS will use the Sanco Swift vessel which is rigged as an offshore wind site characterization vessel. Mobilization is scheduled for August 2023 and acquisition is... Continue Reading →
ABS Issues Safety, Technical Guideline for Floating Offshore Wind Substations
The American Bureau of Shipping (ABS) has published requirements addressing safety and technical standards for floating offshore wind substations in what has been described as an industry first. Together with input from offshore wind project developers, original equipment manufacturers (OEMs) of substations, and transportation and installation (T&I) companies, ABS developed the Requirements for Offshore Substations and... Continue Reading →
South Korean Shipbuilder to Build Floating Production Platform for Mexican Offshore Project
(OE) South Korea’s HD Hyundai Heavy Industries Co., Ltd. said Monday in a stock exchange announcement that it had received a contract to build a floating production unit for a client in Mexico. The contract, awarded by an oil developer in Mexico, is worth 1,566,300,000,000 KRW (around $1.18 billion). The FPU delivery is scheduled for April 1,... Continue Reading →
Oil giants drill deep as profits trump climate concerns
(Reuters) - Oil and gas companies have intensified the hunt for new deposits in a long-term bet on demand, as they reinvest some of the record profits from the fossil fuel price surge driven by the Ukraine war, according to data and industry executives. The exploration revival - on the part of European majors in... Continue Reading →
Equinor and BP’s 2.4 GW Beacon Wind Enters Federal Permitting
(OW) The US Bureau of Ocean Energy Management (BOEM) will initiate its eleventh offshore wind environmental review with Equinor and BP’s 2.4 GW Beacon Wind 1 and 2 wind farms, proposed to be built offshore Massachusetts and connected to the grid in New York and Connecticut. BOEM published a Notice of Intent (NOI) to prepare... Continue Reading →
China Now Has 31+ GW of Offshore Wind Installed, Country on Track to Hit Wind and Solar Targets Five Years Early, Report Says
(OW) Operating offshore wind capacity in China has reached 31.4 GW and accounts for approximately 10 per cent of the country’s total wind capacity which has doubled from 2017 and now exceeds 310 GW, according to a report from Global Energy Monitor (GEM), a US-based non-profit organisation that tracks fossil and renewable energy projects worldwide.... Continue Reading →
Shell’s Renewables Boss Quits after CEO Strategy Shift
(Reuters) Shell's head of renewable generation Thomas Brostrom is leaving the company, a spokesperson said on Friday, weeks after CEO Wael Sawan scaled back its energy transition plans. Brostrom joined Shell from offshore wind giant Orsted in August 2021to head offshore wind as the company planned to rapidly grow its wind and solar operations as... Continue Reading →
Prysmian unveils new ‘challenging’ emission reduction targets on the road to net-zero
Italy-headquartered cabling giant Prysmian Group has divulged its new near-term and net-zero greenhouse gas (GHG) emission reduction targets, which will enable it to reach its sustainability goals. Prysmian explains that it is committed to reducing total Scope 1 and 2 GHG emissions by 47 per cent by 2030 compared to the 2019 baseline. In addition,... Continue Reading →