The Port of Corpus Christi is the largest crude export port in the United States and processes approximately 100 million tons each year. The Port’s impact on the United States economy exceeds $124 billion annually and planned work on this channel over the next five years is expected to bring significant boost to the United States, Texas and local economies.
On 8 January 2019, lawmakers from nine states (Connecticut, Georgia, Hawaii, Maine, Massachusetts, New Hampshire, New York, Oregon, and Rhode Island) introduced state-level bills aimed at blocking oil and gas drilling off their coasts.
The Norwegian Petroleum Directorate’s forecasts show that, after a minor decline in 2019, oil and gas production will increase from 2020 and up to 2023. Overall production will then approach the record year of 2004.
The U.S. Department of Energy (DOE) selected $25 million in research projects for next-generation marine energy devices. Funded by DOE’s Office of Energy Efficiency and Renewable Energy Water Power Technologies Office, these 12 innovative projects will reduce capital costs and accelerate the innovation cycle by testing new concepts. Marine energy includes ocean wave power, tidal, and river/ocean current devices that convert movement of water into electricity.
BP announces that it has approved a major expansion at the Atlantis field in the U.S. Gulf of Mexico and has also identified significant additional oil resources that could create further development opportunities around the production hubs it operates in the region.
The FORESEA (Funding Ocean Energy through Strategic European Action) programme launched its 5th call for proposals on Monday, January 7, 2019.
Ørsted submitted a bid to the New Jersey Board of Public Utilities (NJBPU) Dec. 28 to build its Ocean Wind project in response to the first offshore wind request for proposal under Gov. Phil Murphy’s clean energy agenda, according to a release.
Ørsted US Offshore Wind has received approval from Connecticut regulators of its 20-year power-purchase agreement for the Revolution Wind offshore wind farm.
On 17 December, conservation groups filed a lawsuit challenging the U.S. government’s approval of the first offshore oil drilling development in federal Arctic waters. Hilcorp Alaska received approval in October 2018 to build and operate the Liberty project, an artificial drilling island and underwater pipeline in the Beaufort Sea.
Ocean Power Technologies, Inc. a leader in innovative and cost-effective ocean energy solutions, announced that the Company's PowerBuoy™ has successfully been deployed in the Adriatic Sea to advance Eni’s R&D MaREnergy project, aiming to develop, deploy and demonstrate suitability of wave energy renewable technologies in Oil & Gas operations.
CAPE Investment Partners announces the acquisition of the majority shareholding in CAPE Holland and FoundOcean from the sustainability focused private equity investor Ambienta who held its participation since 2012.
On December 16th, Equinor and its partners started production from the Aasta Hansteen gas field in the Norwegian Sea. On December 17th, gas from the Aasta Hansteen field is available to the market for the first time and together with the Polarled pipeline the field opens a new region for gas export to Europe.
Sabella, a pioneering tidal and ocean stream turbine developer, has partnered with QOS Energy to improve the performance monitoring of its ground-breaking Ushant tidal energy project.
Ocean News & Technology
is a publication of TSC Strategic
8502 SW Kansas Ave
Stuart, FL 34997
info@tscpublishing.com
