Latest News for: Offshore investment projects


Amazon Sets a New Record for Most Renewable Energy Purchased by a Single Company

Manila Standard 05 Feb 2023
Tapping into one of the world’s best renewable energy resources, Amazon continued to add to its portfolio of offshore wind projects, investing in two new offshore wind projects in Europe totaling 280 MW of capacity ... In Indonesia, Amazon invested in its first renewable energy ...

5.1% and 4.5% yields! I’d buy these 2 FTSE 100 dividend stocks in February

The Motley Fool 04 Feb 2023
Investing in dividend stocks is a great way for investors to earn a second income ... Utilities stocks are often seen as defensive investments during tricky times ... Expected equity returns of at least 10% from its offshore wind projects is a particular highlight ... SSE investment case factsheet ... Should you invest £1,000 in Ds Smith right now?.

Clarksons taps Lints to lead US offshore wind growth

Splash24/7 03 Feb 2023
Working on European offshore wind farm projects for more than 15 years, Lints will focus on attracting more investments in the development of offshore wind vessels in the US market and support the ...

India’s Union Budget 2023 disappoints millions of crypto holders

Cryptopolitan 01 Feb 2023
India’s Union Budget of 2023 failed to recognize cryptocurrency and blockchain technology, dashing the expectations of Indian crypto holders across the country ... This untenable burden forced aspiring digital currency projects to move abroad while many traders fled offshore to continue their investments ... Breaking🚨 ... ....

BOI expects P1 trillion worth of renewable energy projects

Manila Standard 31 Jan 2023
Danish renewable energy developer Copenhagen Energy A/S is investing P360 billion in the BuhaWind offshore wind project in Ilocos Norte ... The project involves the development of offshore wind power using wind turbine generators that can produce 15 to 20-megawatt capacity each in the waters off Burgos, Bangui and Pagudpud towns in Ilocos Norte.

SLB Announces Fourth-Quarter and Full-Year 2022 Results

Algeria Times 27 Jan 2023
Similarly, across offshore basins, we continue to consolidate our advantaged position with new contract awards, particularly in Latin America and Africa.“In this context, our investments in capex and inventory increased as we exited the year in support of new international and offshore project mobilizations.

States reimagine power grids for wind and solar future

The Spokesman-Review 25 Jan 2023
And some are working to ensure that long-planned offshore wind projects can bring their electricity ashore ... Some states, particularly on the East Coast, are planning transmission infrastructure for offshore wind projects in the permitting and construction phase.

Owner of German mine at centre of protests plans wind farm in Co Clare

Irish Independent 22 Jan 2023
It said it has plans to invest in onshore and offshore wind and battery storage projects, which “could run into many billions of euro of direct foreign investment”.Outside of renewables, RWE owns the controversial Garzweiler mine near the former village of ...

Deals signed for offshore wind energy to power seven million homes

The Business Desk 19 Jan 2023
The Crown Estate has signed Agreements for Lease for six UK offshore wind projects – three off the Yorkshire coast – which could begin to create green electricity by the end of the decade ... significant step for both the project and RWE’s offshore wind growth ambitions.

UK net zero report: what are its recommendations and conclusions?

The Observer 19 Jan 2023
The government should consider replacing the windfall tax on North Sea oil and gas with a net zero fund that ringfences the proceeds for investment in offshore wind and other low-CO2 projects ... Three new demonstrator projects should be established.Finance ... to encourage investment.

Sunrise Wind is laying the foundation for New York’s clean energy future

Metro USA 18 Jan 2023
But already, the project has invested $10 million towards founding the National Offshore Wind Training Center in Brentwood, Long Island, to help train and support workers of today and tomorrow in the clean energy industry ... The offshore wind project’s collaborative efforts also ...

Equilibrium/Sustainability — Pakistan health crisis exacerbated by floods

The Hill 18 Jan 2023
Energy company Ørsted will take complete control of a New Jersey offshore wind project, the company announced on Wednesday.  The purchase is part of a more significant worldwide press by the Danish energy giant, which is investing billions in offshore wind projects worldwide. .

Ørsted eyes up to 18 GW of offshore wind capacity in Sweden

Splash24/7 17 Jan 2023
It also has a 1.5 GW Gotland offshore wind project on the cards for 2032 ... Our offshore wind power ... We believe offshore grid connections are a good and cost-effective investment for Sweden,” said Jesper Kühn Olesen, who heads up Orsted’s offshore wind projects in Sweden.

Offshore in 2023: Reasons for optimism

Splash24/7 16 Jan 2023
According to Clarkson’s recent report, overall offshore rig markets tightened significantly in 2022, as 11% growth in demand supported a 7-point increase in utilisation, with rig utilisation projected to reach 93% in the coming years ... Massive investments are projected before the end of the decade for ships serving the offshore wind sector.

PTTEP sets out transnational carbon capture and storage ambitions

Upstream Online 16 Jan 2023
Thailand’s national upstream company PTTEP is investing in a lower-carbon future, with carbon capture and storage projects planned at its producing Arthit field offshore ...

Most Viewed

Vladimir Putin with Prime Minister of Israel Naftali Bennett. Photo by Eugeniy Biyatov, RIA Novosti
Creative Commons /
Ilhan Omar speaking at worker protest against Amazon Shakopee, Minnesota
Creative Commons / Fibonacci Blue
Volunteers carry supplies for firefighters near trees burning in Puren, Chile, late Saturday, Feb. 4, 2023. Forest fires are spreading in southern and central Chile, triggering evacuations and the declaration of a state of emergency in some regions.
AP / Matias Delacroix