Energy

A new report released shows Louisiana businesses and workers stand to benefit from expansion of offshore wind nationally and in the Gulf of Mexico. The “Louisiana Offshore Wind Supply Chain Assessment,” released by the Southeastern Wind Coalition, GNO Inc., Center for Planning Excellence, and The Pew Charitable Trusts, with research partner and global energy consultancy Xodus Group, identifies recommendations to tap into more Louisiana know-how to help build offshore wind in US waters.

Alinta Energy and JERA Nex, through its wholly owned subsidiary Parkwind, have agreed to join forces to develop the 1GW+ Spinifex Offshore Wind Farm in the Southern Ocean Region Declared Area in South West Victoria.

Allseas has been contracted for the transport and installation (T&I) of two major substations (so called OSS) for the Gennaker offshore wind farm in the German Baltic Sea, developed by transmission operator 50Hertz.

Vallourec has secured a fourth major order in the framework of the Long-Term Agreement (LTA) signed in 2021 with ExxonMobil Guyana. Under the contract, Vallourec will deliver line pipe for ExxonMobil Guyana’s deep-water Whiptail project. The Whiptail project is located in the Stabroek Block, a 26,800 km² strategic basin located off Guyana’s continental shelf, where several important discoveries have been made since 2015.

PGS, a leading provider of seismic and reservoir data for oil and gas and new energy exploration and development, offers comprehensive data coverage of several blocks newly approved for licensing in the Santos Basin.

CBED has signed a contract with Siemens Gamesa Renewable Energy for their new SOV, Wind Creation’s, first project as part of the CBED fleet. With this new walk-to-work project, the SOV joins in commissioning an offshore wind farm in the Netherlands.

With a total installed capacity of 900 MW, the two offshore wind farms are in operation and fully connected to the grid, making them the largest of their kind in Taiwan and in the Asia-Pacific region.

Floating offshore wind farms across the world are getting cheaper and faster to build following an investment by Octopus Energy’s generation arm into Ocergy.

The Marine Renewable Energy Collaborative (MRECo) has been awarded an 8-year pilot license by the Federal Energy Regulatory Commission (FERC) to test marine renewable energy- generating tidal turbines at the Bourne Tidal Test Site in Bourne, Massachusetts. The Bourne Tidal Test Site (BTTS) is the only tidal test site in the US to have obtained such a license. This license allows turbines to generate renewable electricity directly to the grid.

In remarks at the International Partnering Forum conference in New Orleans, Louisiana, Secretary of the Interior Deb Haaland will announce a new five-year offshore wind leasing schedule, which includes up to 12 potential offshore wind energy lease sales through 2028. Future offshore wind energy lease sales from the Bureau of Ocean Energy Management (BOEM) are anticipated in the Atlantic, Gulf of Mexico, Pacific, and the waters offshore of the US territories in the next five years. The leasing schedule includes four potential offshore lease sales in 2024, one each in 2025 and 2026, two in 2027, and four in 2028.

Vattenfall and BASF have agreed the sale of 49 percent of Vattenfall's Nordlicht 1 and 2 wind farms to BASF. The two companies are thus deepening their partnership in the field of renewable energy.

Oceantic Network has released its US Offshore Wind Quarterly Market Report – Q1 2024, available now to download. The report highlights announced investments, advancements of the review process for several projects, and notable policy developments that drove the US market forward between January and March of 2024.