Latest News for: Offshore investment projects


UTM Offshore, Afreximbank Sign Project Preparation Facility Financing Deal

This Day 27 Jun 2022
In line with Nigeria’s Petroleum Industry Act (PIA) and global energy transition efforts, UTM Offshore Limited is developing Nigeria’s first Floating Liquefied Natural Gas (FLNG) project in partnership with the Nigerian National Petroleum Corporation (NNPC) and its affiliate, LNG Investment Management Services.

AIB faces possible extra tracker mortgage bill

The Irish Times 26 Jun 2022
Seenh & Heard. pub insurance claims, offshore floating wind farms and pay talks for aviation workers also make the headlines ... The organisation signed a memorandum of understanding with Hexicon in recent days for the project. The wind farm will need €2 billion investment and be located between 50km and 80km offshore, the newspaper added ... .

Acta Marine secures CSOV contract in France

Splash24/7 24 Jun 2022
The 500 MW F�camp offshore windfarm, located off the coast of F�camp, and the 450 MW Calvados offshore ... The two projects will be the third and fourth offshore commercial wind farms in France.

Portugal's Ocean Winds to invest 1.58 bln USD in offshore wind project

Xinhua 24 Jun 2022
... an investment of 1.5 billion euros (1.58 billion U.S ... Miguel Stilwell d'Andrade, executive president of EDP, said that the investment will be made through "renewable projects" until the year 2025 ... Portugal's Ocean Winds to invest 1.58 bln USD in offshore wind project.

FACT SHEET: Biden Administration Launches New Federal-State Offshore Wind Partnership to Grow American-Made Clean Energy

The White House 23 Jun 2022
He set a bold goal of deploying 30 gigawatts (GW) of offshore wind by 2030, enough to power 10 million homes with clean energy, support 77,000 jobs, and spur $12 billion per year in private investment in offshore wind projects ... Supplier contracts to provide materials and services to offshore wind projects more than doubled.

EDP gets ready to invest EUR 1.5bn in offshore wind by 2025

Renewables Now 23 Jun 2022
Portuguese utility EDP (ELI.EDP), through the joint venture of its renewables division and French peer Engie SA (EPA.ENGI), intends to invest EUR 1.5 billion (USD 1.58bn) in the development of offshore wind projects by 2025.

Ocean Winds plans to invest $3.15 billion in offshore wind by 2025, EDP says

FX Empire 23 Jun 2022
LISBON (Reuters) – Ocean Winds, a joint venture between Portugal’s main utility EDP with French company Engie, plans to invest 3 billion euros ($3.15 billion) to develop offshore wind projects by 2025, the chief executive of EDP told Reuters on Thursday.

Outlook on the Sand Trap for Oil & Gas Global Market to 2027 - Featuring ...

The Facts 23 Jun 2022
Rising investments, private funding, ... Major discoveries in the offshore region, especially in western offshore Africa, and more investment from companies to increase oil production capacity are projected to increase the growth of the global sand trap for the oil & gas market.

Ocean Winds agrees cooperation with Brazilian state targeting over 7 GW

Renewables Now 20 Jun 2022
... to cooperate on the implementation of offshore wind projects with a combined potential exceeding 7 GW ... The state government estimates that these offshore wind projects represent a combined investment of BRL 100 billion (USD 19.5bn/EUR 18.6bn).

RWE, Commerzbank to offer offshore wind to mid-sized cos in Germany

Renewables Now 20 Jun 2022
The particular fund will provide mid-sized enterprises with the chance to make equity investments in the new offshore wind project or sign long-term power purchase agreements (PPAs), starting with a tranche corresponding to a capacity of 5 MW.

Chariot awards FEED work to Schlumberger, Subsea 7 off Morocco

Natural Gas World 17 Jun 2022
The three companies will adopt a "one-team" integrated and collaborative approach to fast-tracking the project to first gas and maximising the return on investment, Chariot said ... and schedules, in preparation for Chariot to take a final investment decision (FID) on the project.

Project for carbon capture and storage

Ekathimerini 17 Jun 2022
The Greek shipowner, known in the country for his participation through GasLog in the project of the offshore LNG regasification terminal off Alexandroupoli, invests decisively in the technology and in the market of capture, ...

Seaway 7 in pole position for UK offshore wind farm prize

Upstream Online 16 Jun 2022
The workscope, execution of which would be led from the contractor’s Aberdeen, is expected to get under way this year with the offshore work scope scheduled for 2024, subject to ScottishPower Renewables taking the final investment decision on the offshore wind project.

KUWTT: Alert Level 2 in NCR 'unlikely' | June 16, 2022

The Manila Times 16 Jun 2022
NORWAY is open to expanding its investments in renewable energy with the Philippines, particularly offshore wind power, under the administration of President-elect Ferdinand "Bongbong" Marcos, its envoy to the Philippines Bjorn Jahnsen said Wednesday in a meeting with the incoming Chief Executive at his headquarters in Mandaluyong City.

Most Viewed

Servicemen of the people's militia of the separatist Donetsk People's Republic pose for a photo in a street in front of apartment buildings damaged by shelling from fighting on the outskirts of Mariupol, Ukraine
AP / Alexei Alexandrov
Russian President Vladimir Putin takes part in virtual format at the opening ceremony of the BRICS Business Forum via videoconference in Moscow region, in Moscow, Russia, Thursday, June 23, 2022.
AP / Mikhail Metzel/Sputnik, Kremlin Pool Photo via AP
NASA Curiosity Rover on Mars
NASA/JPL-Caltech/MSSS/Kevin M. Gill
Russian President Vladimir Putin speaks to the commander of the Donetsk People's Republic's reconnaissance battalion Sparta Artem Zhoga, father of late commander of this battalion Colonel Vladimir Zhoga who died during a fighting with Ukrainian forces, at the Kremlin in Moscow, Russia, Monday, May 9, 2022.
AP / Mikhail Metzel, Sputnik, Kremlin Pool Photo
WNBA star and two-time Olympic gold medalist Brittney Griner is escorted to a courtroom for a hearing, in Khimki just outside Moscow, Russia, Monday, June 27, 2022
AP / Alexander Zemlianichenko