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The climate change conference COP271 offers a unique opportunity to increase energy access and lay the foundations for decarbonisation across Africa, but wealthy nations must deliver on their climate finance pledges to unlock the continent’s potential, according to a new report. ‘Pathways for Africa’s Energy Future,’ a report from the technology group Wärtsilä, provides power system… Read More
A pioneering new partnership between WWF and Ørsted aims to advance offshore wind deployment that enhances ocean biodiversity, and drive a global shift towards addressing climate and biodiversity goals together. Climate change is accelerating biodiversity loss, as crucial ecosystems and wildlife are hit hard by the impacts of a warming world. The ocean already plays… Read More
Ørsted and Copenhagen Infrastructure Partners (CIP) have entered into a partnership to develop approx. 5.2 gigawatts of offshore wind in Denmark across four projects. The partnership can accelerate the green transformation greatly, create value in the offshore wind industry, strengthen value- and job creation, and create a Danish business and export stronghold within Power-to-X. Ørsted… Read More
US states raised their offshore wind targets by 58% to a record-setting 77.4GW in the third quarter of this year, led by California’s mammoth 25GW by 2045 goal set in August, the Business Network for Offshore Wind (BNOW) highlighted in its sector report released on Thursday. The trade group’s Q3 Offshore Wind Market Report noted that nearly… Read More
Oslo, 20 October 2022. DNV and partners confirm the completion of Phase 1 of a joint industry project (JIP) on Bottom Impact and Partially Submerged Conditions which has resulted in a new framework for optimising the installation process of offshore wind turbines. New partners are encouraged to join Phase 2, which will focus on validating models and establishing common… Read More
DEME Offshore has been awarded the export cable contract for Vattenfall’s Norfolk Boreas Wind Farm in a consortium with LS Cable & System. The consortium is also selected as the preferred bidder for the remaining projects in Vattenfall’s Norfolk Zone. The contract includes the design, engineering, procurement, manufacturing and testing of around 360 km of High Voltage… Read More
Ørsted closed a transaction with Energy Capital Partners (ECP), a leading energy transition-focused investor, to divest a 50 % ownership stake in a portfolio consisting of three onshore wind farms and one solar farm in the US. The value of the transaction is approx. USD 410 million. The portfolio, comprised of the onshore wind farms… Read More
The Offshore Patrol Vessel P 627 of the Navy, which commeced her home-bound journey from Seattle, United States, on 03 Sept., called at the Port of Changi, in Singapore, on 22 Oct. Sri Lankan High Commissioner in Singapore, Sashikala Premawardhane, was also present on this occasion to welcome the ship. After having called at the… Read More
The Department of the Interior has announced that the Bureau of Ocean Energy Management (BOEM) will hold an offshore wind energy lease sale on December 6, 2022, for areas on the Outer Continental Shelf (OCS) off central and northern California. This will be the first-ever offshore wind lease sale on America’s west coast and the… Read More
With the push for supply chains resilience in top gear, Saudi Arabia is luring global corporations with the promise of better offshoring opportunities. On Sunday, Saudi Arabia’s Crown Prince Mohammed bin Salman launched the Global Supply Chain Resilience Initiative (GSRI), through which the country aims to attract investments in supply chains to and from the… Read More
AMSC ASA is pleased to announce it has taken delivery of the offshore construction vessel Normand Maximus. The vessel commenced a long-term bareboat charter with a subsidiary of Solstad Offshore ASA (“Solstad”) upon delivery. The Normand Maximus is a premier offshore construction vessel and one of the most modern heavy duty subsea vessels. Solstad is… Read More
One of the world’s biggest wind turbines has recorded a remarkable renewable energy production total, reigning in a massive 359 megawatt-hours within 24 hours. In a tweet, Siemens Gamesa, a Spanish-German wind engineering company that manufactures wind turbines for onshore and offshore services, noted that their SG 14-222 DD has broken the record for most power produced by… Read More
The date was set for the first-ever sale of offshore wind energy leases for the U.S. Pacific Coast. The U.S. Department of Interior’s Bureau of Ocean Energy Management (BOEM) announced that the sale will proceed on December 6 as part of the Biden Administration’s ongoing commitment to deploy 30 gigawatts of offshore wind energy by… Read More
Two months after freezing ExxonMobil’s ownership stake in the lucrative Sakhalin-1 oil and gas project, the Russian government has seized it without compensation, ending the last vestiges of the oil major’s partnership with Russian producers. Until Monday, the Exxon subsidiary Exxon Neftegaz held a 30 percent stake in the 220,000 bpd Sakhalin-1 project, a complex of three… Read More
The Pro-NJ Grantor Trust’s call for Expressions of Interest, ahead of the formal application process needed to apply for funding for coastal infrastructure and resiliency projects, resulted in more interest than anticipated. Seventeen requests came from municipalities throughout Cape May, Atlantic and Ocean counties, totaling nearly $19 million, more than five times the amount the… Read More