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Thursday, March 28, 2024
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Energy Projects News

25 Mar 2024

US Revises Tax Credit Rule to Help Offshore Wind Projects

© Kruwt / Adobe Stock

The Biden administration on Friday released new rules that will make it easier for offshore wind developers to claim a subsidy for facilities planned in areas that have historically relied on fossil fuel industries for employment.The revision follows nearly a year of warnings by offshore wind companies that their projects might not move forward without access to certain subsidies in President Joe Biden's landmark climate change law, the Inflation Reduction Act.Offshore wind is a critical part of Biden's plan to decarbonize the U.S.

21 Mar 2024

Two soldiers and eight militants lose their lives in Pakistan port attack

© Samarttiw / Adobe Stock

On Wednesday, Pakistani forces stopped an attack by militants with gunfire and bombs near the port of Gwadar, killing eight attackers and two soldiers.China has invested in the province of Balochistan, focusing on Gwadar and its resources.The militants used guns and bombs to attack a complex near the port, which holds government offices and forces, as per Saeed Ahmed Umrani, a government official.After setting off bombs, the militants fought and tried to enter the complex, according…

21 Mar 2024

Inland Waterways Focus: The Pacific Northwest Columbia-Snake River System

© Rich / Adobe Stock

"The Columbia River and its tributaries, wetlands, and estuaries are the lifeblood of the Pacific Northwest, providing abundant water, power, recreation, agriculture, transportation and natural resources that have supported livelihoods, cultural and spiritual practices, commerce and economic growth.” - President Biden, Memorandum of September 27, 2023.Those abundant benefits directly impact about 13 million people in the Pacific Northwest. Hydropower extends that plentitude to millions more, powering cities and industry from Idaho to California.

20 Mar 2024

Pakistan Port Attack Kills Two Soldiers, Eight Militants

© Rayzeeuddin / Adobe Stock

Pakistani security forces on Wednesday repulsed a gun and bomb attack by militants on a complex outside the strategic port of Gwadar, which killed all eight militants and two soldiers, officials said.China has invested heavily in the mineral-rich southwestern province of Balochistan, including developing Gwadar, despite a decades-long separatist insurgency.Armed with guns and bombs, the militants stormed the complex just outside the port that houses offices of government departments…

20 Mar 2024

Unidentified Gunmen Open Fire at Pakistan's Gwadar Port, Two Attackers Killed

(Photo: Saadsuddozai / CC BY-SA 4.0)

Unidentified gunmen opened fire at Pakistan's Gwadar port authority complex in its restive Balochistan province, Geo News reported on Wednesday.Two attackers were killed in retaliatory firing by security personnel, the TV channel said, adding that a blast preceded the firing.Gwadar’s deputy commissioner and police did not immediately respond to requests for comment.Gwadar is located near the Strait of Hormuz, a crucial oil shipping route in the Arabian Sea.The deep-water port…

19 Mar 2024

Vestdavit Hits New Sales Record as Orders Increase 76% From Last Year

Vestdavit’s Telescopic davit, from the TDB series, undergoing inspection at Vestdavit Production in Poland (Credit. Vestdavit)

Norwegian davit supplier Vestdavit has notched up a new annual sales record for another consecutive year after seeing its order intake surge by 76% in 2023 on high demand from the offshore wind and oil and gas sectors, as well as increased sales in its core naval market.Vestdavit has expanded its market position in offshore wind after both gaining new customers and winning repeat orders with existing clients, including Esvagt and Rem Offshore, with orders in this sector accounting for more than $9.4 million (NOK 100 million)…

23 Feb 2024

QatarEnergy Pays Homage to Rex Tillerson by Giving His Name to New LNG Carrier

Rex Tillerson (Credit: QatarEnergy)

QatarEnergy has named the first LNG carrier to be delivered as part of its new LNG fleet expansion program as Rex Tillerson, in recognition of the former Chairman and CEO of ExxonMobil, who also served as the 69th United States Secretary of State.During his 10-year term as Chairman and CEO of ExxonMobil, Tillerson oversaw the consolidation of relations with the State of Qatar and its energy sector, resulting in strategic partnerships and significant investments in Qatar’s LNG industry.While making his mark on the global energy scene…

14 Dec 2023

EnFAIT Horizon 2020: Tidal Turbine Costs Cut 40%

Deployment of the fifth and sixth turbine at the Shetland Tidal Array (credit: Nova Innovation).

A European project, led by one of Scotland’s leading tidal developers, has demonstrated that the cost of tidal energy could potentially be reduced by as much as 40 percent, and has produced findings that could redefine the boundaries on what can be achieved by tidal power globally. The $22m EnFAIT (Enabling Future Arrays in Tidal) Horizon 2020 project, brought together  seven partners including Scottish tidal developer Nova Innovation, who manage the world’s first offshore tidal array - the Shetland Tidal Array…

07 Dec 2023

CAPP Says Canada’s Emissions Cap will be Production Cap

© Dolores Harvey / Adobe Stock

Canada’s Minister of Environment and Climate Change, Steven Guilbeault, and Minister of Energy and Natural Resources, Jonathan Wilkinson, introduced Canada’s draft framework to cap pollution from the oil and gas sector on December 7. The aim is to reduce emissions and remain competitive in a shifting global market. “No sector of the economy should be allowed to emit unlimited pollution, not when we are all driving toward the same goal of net zero by 2050 to ward off the worst impacts of the climate crisis,” said the ministers in a statement.

09 Nov 2023

US Shipbuilding: Policy and Progress

© Maxim Khalansky / Adobe Stock

When asked about the top issues facing shipbuilders, executives at the Shipbuilders Council of America (SCA) listed a number of topics and concerns. SCA is the only national trade association representing U.S. shipyards engaged in the building and repairing of military and other government and commercial vessels, and companies providing goods and services to the shipbuilding industry.Shutdowns have consequencesMatthew Paxton and Paula Zorensky are, respectively, SCA President and Vice President. Their top federal concern at the end of September? A U.S.

24 Oct 2023

New York Throws Support Behind Offshore Wind with Three Project Awards

© Global Image Archive / Adobe Stock

New York officials on Tuesday said the state has awarded conditional contracts to three offshore wind projects as part of a massive renewable energy procurement that will provide 12% of the state's power needs in 2030.The announcement, which the state billed as the nation's largest ever investment in offshore wind, comes less than two weeks after New York regulators rejected requests by three offshore wind developers to renegotiate their contracts because of soaring costs. In response…

20 Oct 2023

The Power of Offshore Molecule Production

The P2XFloater can be positioned anywhere renewable energy costs are low, resulting in the production of extremely cost competitive green ammonia. Source H2Carrier.

Energy ecosystems are evolving as the value of offshore power-to-X production is being realized.Flexible and delivered in long lengths on reels in a fast-track operation, thermoplastic composite pipeline can transfer up to nine times the amount of energy as a cable and can be used to store hydrogen, increasing the uptime of offshore wind farm generated power.That’s according to Netherlands based supplier Strohm, member of the Hydrogen Offshore Production for Europe (HOPE) project and the Dutch floating green hydrogen and ammonia OFFSET project.

16 Oct 2023

Massachusetts Offshore Wind Farm Dodges Lawsuits over Environmental, Fishing Concerns

Credit: Avangrid

A U.S. judge has rejected challenges to federal environmental permits and construction approvals for a $4 billion offshore wind farm near Massachusetts, which commercial fishing groups have claimed will harm whales and impair their businesses.U.S. District Judge Indira Talwani in Boston last Thursday tossed the final two federal district court lawsuits directly challenging the Vineyard Wind project roughly 15 miles south of Martha’s Vineyard, which would be the first commercial…

20 Sep 2023

Byrne to Spearhead Equinor's US Offshore Wind Operations

Samuel Byrne - Credit: Equinor

Norwegian energy industry giant Equinor has appointed of Samuel Byrne as Vice President of Operations at Equinor Renewables Americas to lead Equinor's offshore wind operations in the U.S.Bryne most recently served as Vice President responsible for Operations & Maintenance at maker Vestas Wind Systems in Asia-Pacific for both onshore and offshore wind farms, as well as solar and battery storage sites. His responsibilities covered 13 countries and approximately 15GW of wind farms either in operations or being commissioned…

06 Sep 2023

US Offshore Wind Projects Seek Looser Subsidy Rules in Fight for Survival

©Cavan/AdobeStock

A fleet of U.S. offshore wind projects central to President Joe Biden's climate change agenda may not move forward unless his administration eases requirements for subsidies in the year-old Inflation Reduction Act, according to project developers.Norway's Equinor, France's Engie, Portugal's EDP Renewables, and trade groups representing other developers pursuing U.S. offshore wind projects told Reuters they are pressing officials to rewrite the requirements, and warning of lost jobs and investments otherwise."The components needed for our projects to progress simply do not exist in the U.S.

05 Sep 2023

H2Carrier Names New Chief Commercial Officer

Michael Kristensen (Photo: H2Carrier)

H2Carrier announced that Michael Kristensen has joined the company as chief commercial officer. His main focus short term will be business development and contributing to maturing H2C’s current portfolio of energy projects.Kristensen has worked for 30 years in the maritime and energy sectors in different positions and for companies such as J. Lauritzen, NYK, Alcatel Submarine Networks, Axis Offshore and Prosafe. Kristensen worked as COO in Axis offshore for five years before the company was sold by HitechVision to Prosafe in 2017.

31 Aug 2023

Low Interest Shown in US' First Gulf of Mexico Offshore Wind Auction

© Thomas / Adobe Stock

Only one of three available areas was sold during the United States' first ever offshore wind lease sale in the Gulf of Mexico on Tuesday.The auction, held by the Interior Department's Bureau of Ocean Energy Management (BOEM) offered up three sites for offshore wind development, including one in Louisiana (Lake Charles) and two in Texas (Galveston I and II). Together, the three shallow water sites contain a theoretical potential of 3.7 gigawatts (GW). While 16 companies had prequalified to participate in the auction, bid activity was subdued.

22 Aug 2023

NOIA Unhappy About Rice Whale Protection Recommendations

© Matthew Cross / Adobe Stock

National Ocean Industries Association (NOIA) President Erik Milito has said that the Bureau of Ocean Energy Management (BOEM) issue of a Notice to Lessees (NTL) with recommended restrictions on ongoing industry activities within the expanded Rice's Whale habitat area imposes “unwarranted restrictions on U.S. energy production at a time of continued inflation with prices rising at the pump for consumers.”With likely fewer than 100 individuals remaining, Rice's whales are one of the most endangered whales in the world.

13 Mar 2023

Offshore Wind Hub Planned at Avondale Global Gateway in Louisiana

© Fokke Baarssen / Adobe Stock

An offshore wind hub is coming to the site of the former Avondale Shipyard in Louisiana as the region ramps up to service the growing renewable energy industry in the U.S. Gulf of Mexico.New Orleans-based Gulf Wind Technology (GWT) announced Monday it is collaborating with energy supermajor Shell to establish a research, training and technology demonstration program at GWT’s facility within the Avondale Global Gateway in Jefferson Parish.The news comes after the Biden administration…

10 Apr 2023

Malaysia Defends Its Energy Ops in the South China Sea

The Petronas Towers in Kuala Lumpur, Malaysia
Copyright gumbao/AdobeStock

Malaysia said on Saturday it was firmly committed to protecting its sovereign rights and interests in the South China Sea after China expressed concern about Malaysian energy projects in a part of the sea that China also claims.Malaysian Prime Minister Anwar Ibrahim said China was worried about activity by the state energy firm Petronas in a part of the South China Sea that Malaysia says is its territory.Anwar said he was open to negotiations with China, drawing criticism from the opposition…

19 Jan 2023

Havfram Subsea Reclaims Ocean Installer Name after Offshore Wind Business Sold

Kevin Murphy, Ocean Installer's CEO  - Credit: Ocean Installer

Offshore construction company Havfram Subsea said Thursday it was taking back its Ocean Installer name.The company's subsea business was known as Ocean Installer from the company's inception in 2011, with the 2020 name change reflecting its diversification into the offshore wind industry. The relaunch follows last year's announcement of the sale of Havfram's wind business lines. "Ocean Installer's operations focus on all aspects of offshore marine construction, encompassing both the traditional oil and gas and emerging renewables markets.

08 Feb 2023

Frontiers Extend as Developers Eye Floating Wind Potential

CREST Wind, a joint venture between Crowley and ESVAGT, has selected Fincantieri Marine Group to build a service operation vessel for operations in the U.S. offshore wind sector. (Image: CREST Wind)

America may have only entered the offshore wind sector recently, but it is wasting no time in playing catch-up. The White House has set targets of 30 GW of offshore wind capacity by 2030 and 110 GW by 2050. The focus so far has centred on bottom-fixed installations, but the prospect of higher energy yields in deeper waters where the wind blows stronger and longer now beckon. The White House has also set a floating wind deployment target of 15 GW by 2035.From a standing start, there are immense challenges in America’s offshore wind development.

17 Feb 2023

SAAM Towage Colombia Operations Are Carbon Neutral

(Photo: SAAM Towage)

Once again, SAAM Towage verified and fully offset the greenhouse gas emissions from its Colombian operations. The measurement process, certified by Bureau Veritas, considered all direct emissions and all indirect emissions from energy consumption, transportation and products and services used by the organization.“We operated sustainably to benefit our planet and our community, and to generate value for our customers and strategic partners. We have become more and more efficient at using our resources…