Energy

Eco Wave Power Global AB, a leading, publicly traded onshore wave energy company, announces that its landmark EWP-EDF One wave energy power station in the Port of Jaffa, Israel, has received the final grant funding from the Israeli Ministry of Energy, marking the official completion of the project.

The Cypriot Minister for Energy, Commerce & Industry, George Papanastasiou, last week announced the government’s intentions to push ahead with developing Cyprus as a key regional energy hub and is inviting global energy professionals to come together at a major meeting taking place in Limassol this November.

Renewable energy major EDF Renewables has been working with offshore wind developer Deep Wind Offshore on the first offshore wind projects in Norway since 2021. This work includes producing a competitive bid for the qualitative Utsira Nord tender and one of the focus areas is the development of a robust supply chain in Norway.

The inappropriate allocation of risk, need for new standardized contracts, and how increased collaboration can reduce waste and improve delivery, were key debating points from an International Marine Contractors Association (IMCA) hosted industry panel at Global Offshore Wind 2023 in London on June 16, 2023, which featured speakers from bp, GE Renewable Energy, and DEME Offshore.

Ocean Energy Europe hails the French government announcement of at least €65 million of funding, plus dedicated revenue support, for the pioneering tidal energy pilot farm FloWatt.

Reliance Industries Limited (RIL) and bp p.l.c. has confirmed the commencement of production from the MJ field, following testing and commissioning activities. The MJ field represents the last of three major new deepwater developments the RIL-bp consortium have brought into production in block KG D6 off the east coast of India.

The Department of the Interior’s Bureau of Ocean Energy Management has approved the plan for construction and operations of the Ocean Wind 1 project offshore New Jersey.

McDermott held a first steel-cutting ceremony at its Jebel Ali fabrication yard in Dubai, United Arab Emirates, to mark the commencement of construction for the BorWin6 980MW high-voltage, direct current (HVDC) project for TenneT.

In 2024, the world’s first green fuels vessel for offshore wind operations will launch off the UK East Coast, as the result of a ground-breaking agreement between Ørsted and ESVAGT. Now the two companies are expanding their partnership on green offshore operations by signing an agreement for a second green service operation vessel.

Baker Hughes has been awarded a significant order, to be booked in the second quarter of 2023, by MODEC to supply gas technology equipment for the BM-C-33 project in the Brazilian pre-salt Campos area. The project is developed by Equinor with partners Repsol Sinopec Brasil and Petrobras.

Adopting a new approach to marshalling and load-out of windfarm jackets could cut logistics costs for project developers by as much as 60%, according to analysis by Heavy Lift Projects (HLP).

Seaway7, part of the Subsea7 Group, confirms the award of a very large¹ contract by ScottishPower Renewables for the transport and installation of the foundations and inner-array cables for the East Anglia THREE offshore wind farm.