Latest News for: Offshore investment projects


Gone with the wind: Lesotho’s $15-billion energy pipedream

Mail Guardian South Africa 22 Sep 2022
All traces of the project, which was conceived by the South African firm Harrison & White Investments and intended to be constructed in Mokhotlong district, have vanished ... “What is clear is that the company invested in a number of projects in an attempt to broaden its business operations.

Australian firm seeking to revive Cadlao oilfield in 2023

Manila Standard 21 Sep 2022
... which is covered by SC 54A in offshore Palawan. Sacgasco said the initial investments on the oil projects in SC 6B and SC54A could amount to $15 million each for the drilling and testing of oil production, with a follow-up investment of $10 million to 50 million for each project.

James Fisher Renewables awarded Taiwanese wind farm contract

Splash24/7 21 Sep 2022
The Formosa 2 project is being jointly developed by JERA, Macquarie’s Green Investment Group (GIG) and Swancor Renewable Energy ... Once complete, the project ...

Novel WTIV Design by Friede and Goldman Receives DNV AIP

The Maritime Executive 20 Sep 2022
offshore wind projects while remaining competitive with the same vessel internationally ... With more than 30 years of experience supporting offshore wind development and involvement in 97% of all offshore wind projects globally, DNV is no stranger to the 'industry's challenges, and the investment required to succeed.

Partners in Cyprus' Aphrodite gas field approve $192 mln investment

Reuters 18 Sep 2022
JERUSALEM, Sept 18 (Reuters) - The partners in the Aphrodite gas field in Cypriot waters have approved a $192 million investment to begin drilling and to cover other development costs for the offshore project, Israeli ...

Brazil’s offshore renewable energy unlocked

Upstream Online 16 Sep 2022
The Brazilian Senate has passed a key bill of law crafted to unlock investments in offshore renewable energy projects in the country.

Race is on for key contracts on Shell's Gato do Mato FPSO

Upstream Online 15 Sep 2022
Shell is expected to take the final investment decision on the Santos basin pre-salt project before the end of this year, but contracting ...

Clean Energy Leaders Convene for First-Ever Combined Solar, Wind Finance & Investment Summits in New York

Longview News-Journal 15 Sep 2022
... storageHow the tax equity landscape and PPA structures are changingChanges in the solar and wind project investment and finance landscape in 2022Which utilities are taking over the offshore boomMaximizing the potential operational life and returns of a wind turbine investment.

Offshore Wind Turbine Market 2026, Government Support For Wind Energy Projects to Boost Growth - Technavio

Victoria Advocate 13 Sep 2022
The government support for wind energy projects, decline in LCOE ... However, competition from alternative sources of energy, the high failure rate of wind turbine components, and the high investments required for offshore projects will challenge the growth of the market participants.

Opinion: Inflation Reduction Act will bring jobs, cleaner air to Virginia

The Virginian-Pilot 11 Sep 2022
In addition to 67,000 jobs per year for the American workforce to manufacture clean energy technology such as wind turbines, solar panels and electric vehicle batteries, the legislation includes a 30% investment tax credit for offshore wind projects that pay prevailing wages and meet registered apprenticeship requirements.

Pattern Energy starts installing 112-MW wind farm off Japan after fin close

Renewables Now 09 Sep 2022
US-based renewables developer Pattern Energy Group LP and its Japanese affiliate Green Power Investment Corp (GPI) have closed financing for the 112-MW Ishikari offshore wind project in Japan and have launched full construction of the facility, which will also include a battery.

Shell Investing In Malaysian Offshore Gas Project

Rigzone 05 Sep 2022
Shell has taken a final investment decision to develop the Rosmari-Marjoram gas project offshore Malaysia which is set to reach first gas in 2026 ... .

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