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(Reuters) Australia on Wednesday announced plans to build renewable energy zones, wind projects and underwater electricity interconnectors, as it looks to build its renewable power capabilities and bring more clean energy into its national grid. The announcements come ahead of the annual budget announcement next week by Prime Minister Anthony Albanese's centre-left Labor government, which... Continue Reading →
(OED) The U.S. Department of Energy is seeking input on research needs related to floating offshore wind energy mooring and anchoring systems. For this, DOE's Wind Energy Technologies Office (WETO) has issued a Request for Information (RFI). Apart from input on research priorities, DOE is seeking information on state-of-the-art innovative technologies, state-of-the-practice common operations, and... Continue Reading →
Wind turbine maker Siemens Gamesa said Wednesday it had signed two agreements with the Hai Long Offshore Wind project owners at an energy industry event in Taiwan. The Hai Long consortium is a partnership between Canadian independent power producer Northland Power Inc. and Taiwan-based developer Yushan Energy Co., Ltd., jointly owned by Mitsui & Co.,... Continue Reading →
(OE) Norwegian offshore vessel owner Siem Offshore has lost a case against Petrobras in Brazil over a late vessel delivery and will have to pay around $8 million. Siem Offshore said Wednesday that its Brazilian subsidiary, Siem Offshore do Brasil, had been informed of the final unfavorable decision of a Brazilian court in a lawsuit... Continue Reading →
(Reuters) - BlackRock (BLK.N), the world's biggest asset manager, told a British parliamentary committee that it will not stop investing in coal, oil and gas, and that its role was not to "engineer a specific decarbonization outcome in the real economy." The response was part of tens of statements from companies to the Environmental Audit Committee,... Continue Reading →
(OE) Once again, the events of the last month have shown that the drive to grow the U.S. offshore wind segment has lost little steam. The foundations are firmly in place to support the deployment of 30 gigawatts (GW) of offshore wind by 2030 and 110 GW by 2050. Floating wind farm technology demonstration projects... Continue Reading →
(TN) Global energy company Equinor is committed to a sustainable, low-carbon future and believes that the effective use of data is essential to achieving its goals. To break down corporate data silos and provide employees with all the information they need to make effective decisions, the company chose to implement Microsoft Energy Data Services in... Continue Reading →
(Reuters) - President Joe Biden's administration on Tuesday said it would hold the first ever sale of offshore wind development rights off the coast of California on Dec. 6, a big step forward in expanding the nascent U.S. industry to Pacific waters. The announcement is the latest in a government push to put wind turbines... Continue Reading →
(OM) Yinson Production has ordered two large API 610 OH2 pumps from Amarinth for use on the FPSO Atlanta. Brazilian operator Enauta recently concluded the purchase of an FPSO for its Atlanta Field in the Santos Basin. This will operate in water depths of 1,500 m and is being adapted by Yinson Production from the existing FPSO OSX-2 under an EPCI contract. Dubai Drydocks World... Continue Reading →
(Reuters) Oilfield service firms are poised to deliver the strongest third-quarter results in years as demand for equipment and services has risen despite supply chain snags and higher costs from inflation, according to analyst forecasts. Schlumberger, Halliburton, and others have struggled to regain pricing power after a 2016 price drop. The oil market crash during the pandemic... Continue Reading →
