Energy

The Department of the Interior has announced results from its wind energy auction in the Carolina Long Bay area, the second major offshore wind lease sale this year and a significant milestone towards achieving the Biden-Harris administration’s goal of deploying 30 gigawatts of offshore wind energy capacity by 2030.

TotalEnergies announces the start of construction of the Eolmed project, operated by Qair and in which TotalEnergies has a 20% stake. This 30 MW project is located more than 18 km off the coast of Gruissan and Port la Nouvelle (Occitan region). The start of production is expected by 2024.

Neptune Energy will spend more than $1 billion¹ over the next five years securing energy supplies for the UK and speeding the transition to net zero.

Strohm, the world's first and leading manufacturer of fully bonded, Thermoplastic Composite Pipe (TCP), has signed a memorandum of understanding (MoU) with French renewable hydrogen supplier Lhyfe.

Empire Offshore Wind, a joint venture between Equinor and bp, has awarded a long-term service operations vessel charter agreement to US marine transportation provider, Edison Chouest Offshore (ECO).

The East of England Energy Group’s (EEEGR) SNS 2022 Energy Integrated in the East event will launch later this month on the 25^th May, the same day the planning decision for Sizewell C is expected.

The U.S. Department of Energy (DOE) has announced more than $2.3 billion for three efforts to advance diverse carbon management approaches that reduce carbon dioxide (CO₂) pollution, address the impacts of climate change, and create good-paying jobs while prioritizing community engagement and environmental justice.

Akselos, la eader in physics-based digital twins, announces a $16.5 million funding round, with participation from AT Capital Group, Future Energy Ventures, Japan Energy Fund and Shell Ventures.

New Fortress Energy Inc. announces that the U.S. Coast Guard, in coordination with the Maritime Administration, has affirmed the completeness of NFE’s deepwater port license application and will proceed with the preparation of an environmental impact statement as part of the environmental review within the 356-day application process.

The Bureau of Ocean Energy Management (BOEM) has completed its environmental review of potential impacts from offshore wind energy leasing activities in the Humboldt Wind Energy Area (WEA), located 20 miles offshore northern California, and based on its analysis has issued a finding of no significant impact (FONSI).

Equinor and Aker BP have signed a memorandum of understanding (MoU) for transfer of the Krafla operatorship from Equinor to Aker BP, making Aker BP the operator of all discoveries in the NOAKA area - Krafla, Fulla and North of Alvheim.

DEME Offshore US has taken a major step forward in the further development of a US Jones Act compliant feeder solution for the upcoming offshore wind projects by entering into a long-term agreement with Barge Master.