TotalEnergies nad Macquarie’s Green Investment Group (GIG) and have recently secured an electricity business license (EBL) for their floating offshore wind project located off the coast of Ulsan, South Korea.This is the first floating offshore…
TotalEnergies, a France-based oil major with green energy aspirations, is partnering up with energy services giant Technip Energies to develop low-carbon solutions for LNG production and offshore facilities.As part of the partner-up, which the duo says is set up to accelerate the energy transition…
Green Investment Group (GIG), part of Macquarie Group, has selected the UK-based engineering firm Offshore Design Engineering (ODE) as the Owner’s Engineer and Package Manager for its offshore wind farms in South Korea.Under the contract, ODE will manage a range of packages including foundations…
From offshore wind farms in Britain to floating solar power plants in Vietnam, about 13,000 renewable energy projects in nearly 50 countries are waiting for finance - and could create up to 10 million green jobs, consultancy EY-Parthenon said on Wednesday…
DNV completed a concept verification review of Odfjell Oceanwind’s WindGrid (WindGrid) system for Mobile Offshore Wind Units (MOWUs). DNV’s review confirms the technical feasibility of the WindGrid system, and that expected reductions in CO2…
Italian oil and gas company Eni said Thursday it had signed an agreement with SKK Migas for cooperation on exploration activities in Indonesia. The memorandum of understanding defines the framework for further cooperation in the processing and…
Denmark-based offshore wind developer Ørsted has signed a memorandum of understanding with South Korea's Posco to collaborate in the space of offshore wind and renewable hydrogen.Under the agreement, Posco will support the development of Ørsted's 1…
Spanish renewable energy giant Iberdrola has added another offshore wind project to its Japanese portfolio as it has agreed with Cosmo Eco Power and Hitz to jointly develop the 600MW Seihoku-oki wind project in Aomori prefecture, in the northwest of the country…
China's CNOOC on Monday said it had started production from the Caofeidian 6-4 offshore oil field in the Bohai bay, China.The Caofeidian 6-4 oilfield is located in the Midwest of Bohai, with an average water depth of about 20 meters. 'In addition…
UK's export credit agency UKEF said Thursday it was providing a £200 million buyer credit guarantee to help finance the Greater Changhua 1 Offshore Wind Farm in Taiwan, 'unlocking the export potential of the UK’s offshore wind sector.''To help the UK build back greener from the pandemic…
Dutch offshore services firm Fugro and Japan's NYK have, through a recently signed partnership, signed a strategic Memorandum of Understanding (MOU) with Japanese geoscience specialist OYO Corporation (OYO).To remind, Fugro and NYK in November…
Japan laid out a “green growth strategy” last Friday that includes a goal to replace new gasoline-powered vehicles with electric cars by the mid-2030s to reach net-zero carbon emissions and generate nearly $2 trillion a year in green growth by 2050…
Japan will lay out on Friday a “green growth strategy” that includes a goal to replace gasoline-powered vehicles with electric cars by around 2035, the Nikkei newspaper reported.The strategy will serve as an action plan to achieve Prime Minister…
Japanese oil firm Cosmo Energy Holdings on Thursday cut its net profit estimate for the year to March 31 by 41%, blaming a hefty appraisal loss on its crude inventories and slumping prices of petrochemicals.It now forecasts an annual net profit of 8…
Insights on innovative power products upgrades that could be used to keep offshore operations moving along effectively, efficiently.Maersk Supply Service/Orsted power buoysDanish offshore vessel firm Maersk Supply Service and its compatriot offshore wind developer Ørsted…
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