Irish-Spanish consortium IberBlue Wind plans to invest more than 4 billion euros ($4.36 billion) in two [floating] wind farms off the Atlantic coasts of Portugal and Spain, it said on Tuesday.IberBlue said in a statement it aimed to create a combined installed capacity of 1.96 gigawatts (GW), enough to supply electricity to over one million homes, at two parks called Creoula, off Viana do Castelo in north Portugal…
The EnerGeo Alliance has sent a letter to New Jersey Governor Philip Murphy and Assemblyman Christopher Tully, Chairman of the state’s Committee on Science, Innovation and Technology in advance of the Assembly’s hearing on marine mammal deaths scheduled for Thursday May 18…
Brazilian state-run oil company Petrobras said this week that its crude oil production during the first quarter fell 4% compared to the same period last year, citing the sale of some assets and the natural decay of old fields.Petroleo Brasileiro SA…
A federal judge has dismissed a lawsuit filed by New York and New Jersey residents challenging preliminary government plans for offshore wind farm development off the Atlantic coast.U.S. District Judge Dabney Friedrich in Washington, D.C., said [last] Thursday that the U…
Renewable energy developer and fund manager Copenhagen Infrastructure Partners (CIP) intends to invest 8 billion euros ($8.6 billion) in a large offshore wind power park in Portugal that is preparing its first auction of such concessions. CIP…
Portugal's first offshore wind power auction is drawing interest from large utility companies, especially those in northern Europe, the economy minister said on Friday, adding that the government would speed up the process, aiming for a third quarter launch…
A Canadian offshore oil regulator said on Friday that it has licensed a significant discovery by Equinor near the country's Atlantic coast. Global oil companies are pumping billions of dollars into offshore drilling because they can turn profits at lower prices than some onshore production…
Several dead whales have recently washed up on the shores of New York and New Jersey, with environmental groups blaming the offshore wind industry and calling for its halt.The National Ocean Industries Association (NOIA), which represents the…
Portugal expects to launch its first offshore wind power auction by the last quarter of this year, aiming to reach 10 gigawatts (GW) of installed capacity by 2030, Prime Minister Antonio Costa said on Monday. As a pre-condition to the auction…
Northern California has some of the strongest offshore winds in the U.S., with immense potential to produce clean energy. But it also has a problem. Its continental shelf drops off quickly, making building traditional wind turbines directly on the seafloor costly if not impossible…
The U.S. Bureau of Ocean Energy Management (BOEM) on Wednesday announced eight draft Wind Energy Areas (WEAs) offshore the U.S. central Atlantic coast for public review and comment. The draft offshore wind areas cover approximately 1.7 million acres offshore North Carolina…
Marine Power Systems from the UK is working with WavEC from Portugal to set up its modular floating offshore wind platform in the north of Portugal. 'Floating offshore wind is increasingly featuring in government decarbonization targets around the world and Portugal is no exception…
The head of QatarEnergy, who is also Qatar's energy minister, said on Monday the company wants to speed up the development of two oil wells it discovered off the Namibian coast with joint venture partners earlier this year.Saad al-Kaabi said…
France-based clean hydrogen producer Lhyfe has launched the world’s first offshore renewable green hydrogen production demonstrator.The pilot was launched yesterday (September 22) in Saint-Nazaire, France, which will now begin an 18-month wind-powered pilot…
Portugal has raised the target for its debut offshore wind power auction to 10 gigawatts (GW), Environment Minister Duarte Cordeiro said on Wednesday, aiming to 'move faster' on the country's energy transition.In June, Cordeiro put the capacity on offer at the auction due next year at 6-8 GW…
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