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(U) Norwegian energy giant Equinor believes that floating offshore wind can be cost comparable with bottom-fixed wind arrays within around a decade. “We believe that cost parity with fixed bottom wind can be achieved in the early 2030s, but you really need to go at scale – that’s the way to go with floating wind... Continue Reading →
SSE Renewables and Equinor are looking into building what would be the fourth part of Dogger Bank Wind Farm, the world’s largest offshore wind farm, whose three phases (A, B and C) are currently under construction. Surveys are now underway at an offshore site where the partners want to develop Dogger Bank D, which would... Continue Reading →
The Norwegian Marin Energi Testsenter (METCentre) and the Netherlands-based floating production specialist Bluewater have signed an agreement for a berth option to deploy an innovative floating wind system, offshore Norway. The system is planned to be installed in the North Sea offshore Karmøy, Norway and will produce renewable energy into the Norwegian electricity grid. Bluewater,... Continue Reading →
(Reuters) Brazilian Treasury official Esteves Colnago has been tapped for a position on the executive board of Petrobras, two sources told Reuters on Thursday, as part of a broad shakeup at the state-run oil company under its new chief executive. It was not immediately clear if Colnago, who served as planning minister under the 2016... Continue Reading →
(PN) Petrobras announced that the Modec FPSO Anita Garibaldi left the DSIC Marine Yard shipyard, in the city of Dalian, China, for the Jurong shipyard, in the city of Aracruz (ES). The FPSO will be installed in the Marlim and Voador fields, in the Campos Basin, with production start scheduled for the third quarter of... Continue Reading →
(OEM) MJR Power and Automation, a UK company which will soon install charging points for electric crew transfer vessels (CTVs) on the Lynn and Inner Dowsing offshore wind farms, has been awarded a second round of government funding for development of its technology to connect and charge Service Operation Vessels (SOVs), Platform Supply Vessels (PSVs),... Continue Reading →
(OEM) Malaysian FPSO provider Yinson has entered into a $720 million syndicated loan facility for the FPSO Maria Quitéria, which is being built to operate for Petrobras in waters offshore Brazil. Yinson said on Thursday that the loan is with ING Bank N.V., Singapore Branch, Maybank Group, Natixis Corporate & Investment Banking, Standard Chartered Bank... Continue Reading →
French offshore cable-making and installation company Nexans has signed a firm contract to supply offshore wind export cables for phase one of the Empire Wind offshore wind project in the U.S., being developed by a 50-50 partnership between Equinor and BP. "This contract signature follows the Preferred Supplier Agreement signed in March 2021, which prompted several... Continue Reading →
U.S offshore wind developer Atlantic Shores Offshore Wind has selected wind turbine maker Vestas as the preferred supplier for its 1.5 GW offshore wind project in New Jersey, USA. Atlantic Shores is a 50:50 partnership between Shell New Energies and EDF Renewables. Vestas will provide its V236-15.0 MW offshore wind turbines, with installation expected in 2027. Once... Continue Reading →
(Reuters) - U.S. Treasury Secretary Janet Yellen on Thursday will announce a $950 million loan to the Clean Technology Fund (CTF), a multilateral trust fund that helps developing countries accelerate their transition from coal power to clean energy. The contribution, the first of its kind from the U.S. Treasury, makes good on a U.S. pledge... Continue Reading →
