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(Reuters) King Charles told the British government he would like the expected surge in profit from a 900 million pound ($1.1 billion)-a-year wind farm deal for his Crown Estate to go to the "wider public good" rather than to the royal family. Under agreements announced on Thursday, the Crown Estate will lease sites for six... Continue Reading →
Italian offshore engineering and construction company Saipem announced two offshore contracts worth $900 million in total. First, together with Aker Solutions, Saipem won a contract with the French oil major TotalEnergies in Brazil for the recently sanctioned Lapa Southwest (LAPA SW) Development project. Lapa Southwest is a deepwater oil field in the Santos Basin in the... Continue Reading →
(Reuters) - Siemens Energy on Thursday slashed its 2023 profit outlook after faulty components at the wind turbine fleet of its Siemens Gamesa unit led to higher warranty and maintenance costs, marking the latest setback in the group's troubled relationship. The German supplier of equipment to the power sector, which was spun off from Siemens... Continue Reading →
(OWB) Nucor has introduced Elcyon, the company’s new sustainable heavy gauge steel plate product made specifically to meet the growing demands of America’s offshore wind energy producers. Nucor will manufacture Elcyon at the firm’s new USD 1.7 billion Nucor Bradenburg steel mill in Kentucky, which produced its first steel plate at the end of December... Continue Reading →
Tenaris and Petrobras signed a three-year supply contract for corrosion-resistant alloy (CRA) pipes for offshore operations in Brazilian pre salt. The contract provides for the supply of pipes produced with CRA materials and finished with premium connections. The products will be manufactured in Sweden in partnership with Alleima and threaded at the Tenaris facility in... Continue Reading →
(OET) Italy’s oilfield services provider Saipem has joined forces with MCS, an underwater technical and digital solutions company, to launch a new asset integrity management system for offshore energy operators, which the Italian giant sees as a further step towards the digital and sustainable transformation of the energy industry. Saipem disclosed this week that it has launched... Continue Reading →
Taiya Renewable Energy (TRE), an offshore wind power developer in Taiwan, said Thursday it would bid for the second phase of wind power zonal development and floating demonstration project in 2023. Taiya has invited local and foreign investors interested in the development of Taiwan's offshore wind power to cooperate with it. Taiwan's Ministry of Economic... Continue Reading →
Offshore installation company Jan De Nul said Thursday that Les Alizés, its next-generation heavy lift vessel, had sailed away from the CMHI Haimen Shipyard in China and is currently heading for Europe. The vessel was delivered by the shipyard on January 16 and departed Thursday. Les Alizés is designed for loading, transporting, lifting, and installing offshore... Continue Reading →
Petróleo Brasileiro S.A. – Petróleo Brasileiro S.A. – Petrobras, following up on the Material Fact disclosed on 11/03/2022 and Notice to the Market of 11/18/2022 and 01/13/2023, informs that today it will pay the 2nd installment of the remuneration to shareholders approved by its Board of Directors in a meeting held on 11/03/2022. The gross... Continue Reading →
(OED) The Crown Estate, responsible for the seabed around England, Wales and Northern Ireland, has signed agreements for lease for six offshore wind projects with companies involving TotalEnergies, BP, RWE, Corio Generagion, EnBW, Cobra IS, and Flotation Energy. These project could start generating electricity by the end of the decade and have the potential to... Continue Reading →
Brazil Energy Insight 