Energy

Total positions itself on the floating offshore wind segment in line with its strategy to develop renewable energy.  

As the U.S. offshore wind energy industry takes precautions to keep business moving amid the coronavirus outbreak, its annual market report describes how the White House can act now to claim the U.S. share of an emerging $1 trillion global market by 2040 to assist in the economic recovery.
 


Neptune Energy announces that an encouraging hydrocarbon discovery has been made at the Isabella exploration well in the UK Central North Sea.

Tokyo Electric Power Company Holdings, Incorporated (TEPCO), the largest power company in Japan, and Ørsted A/S (Ørsted), the world's leading offshore wind developer, announced today that they have agreed to establish a joint venture company, Choshi Offshore Wind Farm K.K., with the intention of working towards a joint bid in the Choshi-city offshore wind promotion area.

A recent Exchange at Goldman Sachs podcast presented the views of the company’s global head of Commodities Research, Jeff Currie, who has a new report out called The Revenge of the New Oil Order.

According to the U.S. Energy Information Administration (EIA), Markets for oil, as well as other commodities and equities, have experienced significant volatility and price declines since the final week in February amid concerns over the economic effects of the 2019 novel coronavirus disease (COVID-19).

Despite only having two turbines, the Blyth Offshore Wind Farm had a big impact on the renewable energy industry. As the first offshore development in the UK, it demonstrated that wind power provided a robust, feasible, alternative energy source and heralded a new era of renewable technology.

ABB’s advanced power systems chosen for the first self-elevating wind turbine installation vessel built in Japan will support nation’s fast-expanding offshore wind sector

Ørsted has conditionally named Siemens Gamesa Renewable Energy as the preferred turbine supplier for two offshore wind power projects in the German North Sea totaling 1.142 GW.

Offshore Technology Vietnam – Oil and Gas Industry (OTV Expo 2020) is sponsored by Vietnam National Oil and Gas Group, Petrol Vietnam Construction Joint Stock Company and Petroleum Equipment Assembly & Mental Structure Joint Stock Company in collaboration with the enterprise GK Wintron Co., Ltd. held from 6-8 July 2020 at Tan Son Nhat Pavillon Convention Center, 202 Hoang Van Thu, Ward 8, Phu Nhuan District, Ho Chi Minh City, Vietnam.

Jumbo has been awarded a contract to support DEME Offshore in its scope of work on Ørsted’s Hornsea Two offshore wind farm. Jumbo’s scope of work in the project is the provision of transportation for 165 monopiles from Rostock to Eemshaven and 135 transition pieces from Aalborg to Eemshaven with a K3000 class vessel.

Ampelmann, the Dutch offshore service provider, has added Guyana as a new market to its global portfolio. In a contract with SBM Offshore, an expert in floating production and mooring systems, the company assisted the hook-up and commissioning of their FPSO.