Subsea Integration Alliance has won a 'substantial' subsea tie-back contract from BP and its joint venture partner Wintershall Dea for the Raven Infills Project offshore Egypt. The Raven field is a stage of BP's major West Nile Delta (WND)…
Tens of gigawatts of floating wind projects are slated for development in this and the next decade, but many obstacles remain.There has been much focus on the emerging floating wind market of late.The U.K. is forging ahead with commercial scale…
Tens of gigawatts of floating wind projects are slated for development in this and the next decade, but many obstacles remain.There has been much focus on the emerging floating wind market of late.The U.K. is forging ahead with commercial scale…
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…
Gazelle Wind Power, a Dublin-based company that develops foundations for floating offshore wind farms, has partnered up with renewable energy developer WAM Horizon to accelerate the development of a pilot plant using Gazelle’s floating wind platform in Aguçadoura…
Spanish firm Cepsa has agreed to sell its exploration and production business in the United Arab Emirates to the French oil major TotalEnergies.The assets being sold include Cepsa’s 20% participating interest in the Satah Al Razboot, Umm Lulu…
Norway's METCentre, a floating wind test center, has just signed a Memorandum of Understanding with the Portuguese offshore wind player WavEC. WavEC provides commercial services for wind farm developers and is a shareholder of the Aguçadoura test site…
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…
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…
Angolan state oil company Sonangol will keep its stakes in Portugal's Galp Energia and Millennium bcp lender as it considers them strategic assets, Sonangol CEO Sebastiao Gaspar Martins told Reuters on Wednesday.With a 19.49% stake, Sonangol…
An underwater pipeline to carry green hydrogen between Barcelona and Marseille will cost around 2 billion euros ($2.1 billion), according to preliminary estimates of the project agreed between Spain, Portugal and France, two sources told Reuters…
Ocean Winds, a joint venture between Portugal's main utility EDP and French company Engie, said Monday that its BC-Wind project in the Polish section of the Baltic Sea had received the “Environmental Decision,” meaning that the project successfully…
BayWa r.e. said Monday it had submitted a permit application for what it said would be the world’s first subsidy-free commercial floating offshore wind project off the Portuguese Coast.'BayWa r.e. is now entering the decisive phase of the official…
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…
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