Latest News for: Offshore investment projects

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New facility to build offshore wind turbines comes to port

Gloucester Times 16 Apr 2021
(AP) — The developers of multiple offshore wind projects in the ... The companies are moving ahead with the facility in part in response to strong support from the Biden administration for offshore wind projects, which it says are an investment in slowing climate change.
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Chevron and Moreld invest in Ocergy’s floating wind tech

Splash24/7 14 Apr 2021
We are excited to have gained Chevron’s investment and look forward to potential opportunities for their guidance and expertise executing some of the most complex offshore projects in the world,” said Roddier ... Ocergy believes this investment positions the company as a ...
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Chevron Makes First Investment in Offshore Wind

The Maritime Executive 14 Apr 2021
Through its venture capital company, which invests in emerging ... We are excited to have gained Chevron's investment and look forward to potential opportunities for their guidance and expertise executing some of the most complex offshore projects in the world," said Roddier.
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New wind investments in Europe rise to EUR 43bn in 2020

Renewables Now 13 Apr 2021
Of the total investment, a record EUR 26.3 billion was for offshore wind projects that will deliver 7.1 GW of capacity, also a record figure. The offshore wind investments last year were pushed up by big projects such as Dogger Bank in the UK and Hollandse Kust Zuid in the Netherlands.
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Moneypoint power station: Calls to create task force to seize opportunities

The Irish Times 10 Apr 2021
With the ESB announcing a €5 billion investment programme tied into a new renewable energy hub at Moneypoint in Co Clare, the Government must fast-track a Shannon estuary task force to fully realise opportunities from offshore wind off the west coast, according to Limerick Chamber of Commerce.
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The UK's 2050 net-zero carbon goals are driving deeper investments from businesses in renewable energy ...

Business Insider 08 Apr 2021
The private sector will invest �60.8bn billion across the UK over the next five years in developing, constructing and operating offshore wind projects and the average annual investment will be �10.1bn between 2021 and 2026, and investment in 2026 alone will reach a peak of �10.6bn.
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Troutman Pepper Adds Dynamic New York Partner Judy Kwok to Tax and Renewable Energy Practices

The Saratogian 08 Apr 2021
Kwok is a skilled tax attorney with more than 15 years of experience whose practice focuses on all federal income tax aspects of investing in wind (onshore and offshore), solar, and other renewable energy projects, as well as general M&A tax issues for the energy industry.
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RES scores Moray East monitoring contract

Splash24/7 07 Apr 2021
Marcel Sunier, project director, Moray East Offshore Wind Farm, said. “As Scotland’s largest infrastructure project under construction we are investing significantly in the local and national economy to support the Green Economic Recovery by providing low cost electricity.
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Mozambique's president says Palma rid of terrorists

Anadolu Agency 07 Apr 2021
The northern province of Mozambique is rich in natural gas, and companies such as France’s Total SE are to extract liquefied natural gas (LNG) from offshore sites in the Indian Ocean, but experts say such attacks could derail the project. Investments by Total and others are ...
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Australian Fed Gas Plan Ignites Investors, Critics

The Tennessee Tribune 06 Apr 2021
Fast-tracking approvals, underwriting projects, or making a one-off investment with a capped government contribution will support the gas plan ... Santos this week signed off on final investment approval for its Barossa gas project located offshore the Northern Territory – the biggest investment in Australia’s oil and gas sector since 2012.
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Southern African leaders to meet over Mozambique unrest

Anadolu Agency 06 Apr 2021
The northern province of Mozambique is rich in natural gas, and companies such as France’s Total SE are to extract liquefied natural gas (LNG) from offshore sites in the Indian Ocean, but experts say such attacks could derail the project.
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Industry optimism rising with production but producers still cautious

Moosejaw Today 06 Apr 2021
We'll make investments on drilling infill wells offshore, absolutely, because they are extremely high-return projects," said Cowan at the symposium ... Tim McKay, president of Canadian Natural Resources Ltd., said his company will look to improve efficiency through technology while pursuing projects to increase output from existing assets.
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S.African troops to repatriate nationals in Mozambique

Anadolu Agency 02 Apr 2021
Experts say such attacks could derail the project ... “These attacks are especially directed at disrupting investment in oil and gas projects in Mozambique and terrorizing the local population,” the Mozambican Oil and Gas Chamber said in a statement Wednesday.
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Biden Commits to Offshore Wind

The East Hampton Star 01 Apr 2021
Along with the speeded-up deployment of offshore wind projects along the Atlantic Coastline, the Gulf of Mexico, and in Pacific waters, Washington predicts there will be a surge in jobs and a tidal wave of economic activity.  ... Achieving that target "will trigger more than $12 billion per year in capital investment in projects on both U.S.
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African leaders to help Mozambique fight insurgents

Anadolu Agency 01 Apr 2021
The northern province of Mozambique is rich in natural gas, and companies such as France’s Total SE are to extract liquefied natural gas (LNG) from offshore sites in the Indian Ocean, but experts say such attacks could derail the project.

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