Latest News for: Offshore investment projects

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TotalEnergies joins consortium to bid for Scottish offshore wind

Splash24/7 16 Jun 2021
TotalEnergies is targeting the development of 35 GW of gross renewable generation capacity by 2025 and 100 GW by 2030; GIG has over 250 projects under development and construction, with a pipeline of more than 30 GW, and is developing or has invested in over 20 offshore wind projects with a cumulative capacity of over 12 GW.
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Australia looks to spur offshore carbon storage

Reuters 16 Jun 2021
"The coalition government is keen to accelerate the development of (CCS) projects and offshore greenhouse gas storage offers a perfect investment opportunity," Resources Minister Keith Pitt said. The last time Australia released offshore acreage for carbon capture and storage was in 2014.
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Fin close reached on 247-MW Arcadis Ost 1 wind project off Germany

Renewables Now 16 Jun 2021
Belgium’s Parkwind NV announced on Tuesday the financing close on its 247-MW Arcadis Ost 1 offshore wind project in German waters of the Baltic Sea ... The project was successful in Germany’s offshore wind auction in April 2018.
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LATAM Oilfield Chemicals Market to 2026 - Brazil to Dominate the Industry - ResearchAndMarkets.com

Enid News & Eagle 16 Jun 2021
All these upcoming projects are expected to drive the demand oilfield chemicals in the country.These reserves, coupled with advancements in offshore drilling technologies are expected to increase the domestic and foreign investment during the forecast period.
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China's Guangdong outlines subsidies for offshore wind power

Reuters 16 Jun 2021
SINGAPORE, June 16 (Reuters) - China's southern province of Guangdong, the country's largest regional economy, plans to offer subsidies to offshore wind power projects, to boost lower-carbon investment and reduce emissions, an industry website reported on Tuesday.
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High Voltage Cables Market to Reach CAGR of 6.0% by 2027 – Key Analysis by ...

The Sentinel Newspaper 15 Jun 2021
An increased number of renewable energy projects, such as wind and ... However, growth in investments for smart grid technology and increase in the number of offshore power projects in developing countries are expected to create numerous opportunities for the growth of the HVC market.
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RWE begins construction works at Sofia Offshore Wind Farm

Power Technology 14 Jun 2021
Offshore installation works at the project will begin in 2023, with the project due to be completed in the fourth quarter of 2026 ... The project, located 195km from the nearest point on the North East coast, will involve an investment of around £3bn ($4.2bn) ... In March, RWE made a financial investment decision on the Sofia Offshore Wind Farm project.
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North Carolina Seeks to Lead the U.S. in Offshore Wind Development

The Maritime Executive 11 Jun 2021
Governor Roy Cooper issued an executive order highlighting North Carolina’s commitment to offshore wind power as part of the industry’s estimated $140 billion investment over the next 15 years to develop projects from North Carolina up the Atlantic Coast.
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One-off loss from divestments hits Terna Energy's Q1 net earnings

Renewables Now 08 Jun 2021
Terna Energy said it is proceeding with its investment programme “at an intensive pace.” After bringing online 30 MW of wind farms in Greece, the company is ... The Greek company also has plans for investing in around 1.8 GW of floating solar and offshore wind projects.
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Eni investment in Sankofa hits US$6bn

Ghana Web 07 Jun 2021
Italian energy giant Eni, operator of the Offshore Cape Three Points (OCTP) oil and gas project, says it has invested US$6bn so far in the project, with a total estimated full life expenditure of US$10bn, making it the largest single investment in Ghana. The OCTP project has ...
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Congress must clear regulatory obstacles to opportunity in aquaculture, by Yonathan Zohar and Russell T. Hill

Atlantic City 04 Jun 2021
Plus, with the world population projected to reach 9 ... lags far behind the world in production is the lack of a clear regulatory pathway for permitting new projects, particularly offshore, a challenging reality that has forced many American businesses to invest in other countries.
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Karoon takes FID on Brazilian oil field

Mining Weekly 03 Jun 2021
... decision on its $175-million to $195-million Patola oil project in the Santos basin, offshore Brazil.
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Karoon to more than double output rates with new project off Brazil

Offshore Energy Today 03 Jun 2021
Australia's Karoon has taken the Final Investment Decision to proceed with the development of the Patola project located offshore Brazil. The post Karoon to more than double output rates with new.. ... .
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Could BP shares be the investment of the decade for me?

The Motley Fool 02 Jun 2021
Yesterday, BP said that it is acquiring solar projects in the US ... It also sees at least 8% to 10% returns from these projects ... It has also invested in offshore wind energy projects ... At the same time, it is developing its green energy projects at speed ... Also, huge investments are required for these projects.
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Commentary: America has an opportunity in aquaculture, but Congress needs to clear regulatory path first

West Hawaii Today 02 Jun 2021
Plus, with the world population projected to reach 9 ... lags far behind the world in production is the lack of a clear regulatory pathway for permitting new projects, particularly offshore, a challenging reality that has forced many American businesses to invest in other countries.
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