Latest News for: Project offshore


Eksfin Provides €180m Backing Seaway 7 Cable Installation at Wind Park

The Maritime Executive 02 Oct 2023
The transaction increases Eksfin’s total financing commitment to the global offshore wind market towards EUR 2,6 billion ... Offshore wind projects typically demand more capital than developers and their banks can finance on their own ... “Financing Norwegian deliveries to offshore wind projects globally is one of our core strategic priorities.

Ocean Winds sells down stake in Moray East offshore wind farm

Splash24/7 02 Oct 2023
This transaction allows Ocean Winds to continue investing in its additional 5GW of offshore wind projects in Scotland ... “With the ongoing construction of Moray West and the development of the Caledonia project, Ocean Winds is multiplying the capacity of ...

Eni Makes Significant Offshore Gas Discovery in Indonesia

Market Watch 02 Oct 2023
Eni has made a significant natural-gas discovery in an offshore project in Indonesia, which the company said has potential to contribute to the creation of a ...

Hanwha Ocean and BV Joint Project on 3D Model Based Classification Approval

The Maritime Executive 01 Oct 2023
Bureau Veritas, a world leader in testing, inspection and certification, and Hanwha Ocean, a leader in the shipbuilding and offshore industry, have completed a Joint Development Project (JDP) to enable 3D model based approval for the Classification of ships ... Alexander Gregg-Smith, SVP of Bureau Veritas Marine & Offshore North Asia Zone, said.

‘We felt so betrayed’: Indigenous tribe reels after exclusion from US marine sanctuary

The Observer 01 Oct 2023
The reason, Noaa told the Guardian, is because a marine sanctuary is not compatible with offshore wind – and Morro Bay is set to be the hub of the country’s biggest offshore wind development project ... to protect the ocean from offshore wind, oil drilling and deep sea mining.

Challenges Escalate For The Wind Energy Industry

Oil Price 01 Oct 2023
... electricity prices at auctions hamper development and lead to a cancelation of offshore wind projects.

Savings experts say UK rates could soon fall. Here’s where to invest while you can

The Observer 01 Oct 2023
This may already be starting to happen. during the last few days, some fixed-rate savings bonds have had their rates trimmed ... Read more. She adds ... Photograph ... Also, money invested in the green bonds helps finance projects chosen by the government, ranging from offshore windfarms and flood defences to tree-planting and sustainable farming schemes ... .

PH casts grand ambition for offshore wind capacity export to Singapore, other ASEAN countries

Manila Bulletin 30 Sep 2023
the agreement on the power integration project of the Philippines – to achieve the interconnection of the continental ASEAN,” he said ... The RE development roadmap of the Philippines is targeting up to 50,000 megawatts of offshore wind farm capacity by 2050; and the first-mover projects are expected reaching commercial operations starting 2028.

Emerging election issues in New Jersey include lawsuits over outing trans students, offshore wind

Times Union 30 Sep 2023
Democrats have tread carefully around this issue, with Assembly Speaker Craig Coughlin and Senate President Nicholas Scutari releasing a joint statement recently after regulators considered bids for four new offshore wind projects, in a sign of possible offshore wind energy expansion.

‘Gross Denial of Reality’: Biden Infuriates With Approval of More Offshore Drilling

Scheerpost 30 Sep 2023
@POTUS & @Interior just released a plan to hold 3 more lease sales for offshore oil + gas drilling in the Gulf of Mexico ... Under the Inflation Reduction Act, negotiated by the White House last year, the government is required to offer at least 60 million acres of offshore gas and oil leases before developing new wind power projects of similar scope.

Economic and business expansion detailed at Grow Long Beach forum

Press Telegram 30 Sep 2023
The mayor also said that if the Port of Long Beach’s Pier Wind project — which would create a facility where large offshore turbines would be assembled — comes to fruition, it would create up to 10,000 new jobs in construction, manufacturing and maritime operations.

Hyderabad's MEIL secures USD 648 million oil refinery plant contract in Mongolia

Beijing News 30 Sep 2023
... record of delivering onshore and offshore projects worldwide, the new venture marks the company's third foray into the region."MEIL's inaugural venture in Mongolia involves the construction of the country's first greenfield Mongol Oil Refinery project, a significant undertaking.

Wind Power Industry Drifts Off Course

MENA FN 30 Sep 2023
(MENAFN - Gulf Times) A perfect storm of supply chain delays, design flaws and higher costs in the offshore wind industry has put dozens of projects at risk of not being delivered in time for ... .