Orcadian Energy floats North Sea electrification plan to shave £1.6bn off costs
North Sea firm Orcadian Energy has shared its electrification blueprint for axing operational oil and gas emissions by up to 80%.
North Sea firm Orcadian Energy has shared its electrification blueprint for axing operational oil and gas emissions by up to 80%.
Fred Olsen 1848 has developed a new floating wind foundation design focused on scalability, which it hopes will be ready for market in just three years.
The first of 11 turbines bound for Equinor's Hywind Tampen floating wind project in the Norwegian North Sea is now standing tall, ahead of installation later this year.
Marine contractor Heerema has developed a new method for the installation of floating wind turbines, which it says will cut down on onshore space requirements and reduce industry bottlenecks.
Ørsted will take a majority stake in the Salamander floating wind project off the Aberdeenshire coast, as part of a joint venture set up by Simply Blue Group and Subsea 7.
Ørsted and Repsol have announced plans to explore joint development of floating offshore wind projects in Spain.
Aker Offshore Wind and Aker Horizons have announced an all-stock merger as part of a wider reorganisation to get after energy transition opportunities.
Aker Offshore Wind and Mainstream Renewable Power have closed a deal that will see them take an initial 50% ownership stake in Progression Energy’s 800 MW floating offshore wind project in Japan.
Shell has revealed the proportion of local content it is aiming to use to build two major wind farms off the coast of Scotland.
ScotWind will present a valuable learning experience for the emergent floating wind sector and the supply chain, but expectations must be managed carefully, according to one marine engineering consultancy.
A major new base to support offshore wind development puts Aberdeen at the forefront of the push from oil and gas to a renewable energy future, Nicola Sturgeon said.
Oilfield services companies have shown considerable resilience in the wake of the pandemic, but mergers and acquisitions (M&A) activity will increasingly be guided by investors’ ESG appetite, Subsea Expo delegates heard.
Global Underwater Hub (GUH) chief executive Neil Gordon has backed the UK's blue economy to grow exponentially in the coming years.
A ScotWind-style auction will be launched this year for offshore wind projects to power oil and gas platforms in the North Sea.
Diversifying into renewables, as well as keeping a steady hand on oil and gas, is expected to bring “continued growth” in 2022 for energy services group First Tech.
Engineering firm Technip Energies (PARIS: TE) has acquired a 16.3% stake in Spanish renewable energy start-up X1 Wind.
The UK government announced it will be offering more than £31 million of UK government funding, matched by more than £30 million of industry funding, for development of innovative floating offshore wind technologies this week.
I’m a little bemused. Inevitably the ScotWind lease awards were going to trigger all sorts of claims about how the Scottish offshore wind supply chain will gain from this huge project, but nobody seems prepared to explain exactly how this will happen given that we don’t actually have a supply chain of any note particularly when it comes to the high value hardware.
One of the big winners in the ScotWind leasing process already has its sights on securing future offshore wind opportunities.
Maybe yesterday should be renamed Green Monday rather than Blue Monday. It was certainly a day to celebrate the ambition for renewable energy in Scotland as the ScotWind licencing round was announced with provision for significantly more GW than anticipated.
Scotland’s renewables industry has been reacting to the results of the much anticipated, £700 million ScotWind leasing round.
A renewables expert believes the scale of interest in developing floating offshore wind in Scotland proves that the technology is more than a passing fancy.
Excitement in the supply chain for the ScotWind offshore leasing round is tinged with tough lessons from Scotland’s recent past on offshore wind.
Plans have been submitted for a project which will overtake the Kincardine development off Aberdeen as the world’s largest floating wind farm.
As we head into 2022, Scotland is set to play a leading role in a new global offshore energy industry that will transform the role offshore wind plays in the UK’s energy mix.