Energy

Carnegie Clean Energy announced a major milestone on the path to commercializing its world-leading CETO wave energy technology. Carnegie’s wholly owned subsidiary, CETO Wave Energy Ireland has signed an Assignment Agreement related to the Berth Reservation Agreement between the Biscay Marine Energy Platform S.A. and Wave Energy Scotland Limited.

MDL has assisted Saipem in progressing an LNG development offshore Greece.

Eco Wave Power announced that it was selected by a major energy company (full name can be seen in the company’s recent 20F report) to conduct a comprehensive feasibility study aimed at identifying the top locations for commercial onshore wave energy stations in the US and across the globe, using its Eco Wave Power proprietary technology.

NextGeo, a leading international company in the field of marine geosciences and offshore construction support services, with a focus on renewable energy, appoints Frank Koopman as Offshore Wind Strategy Director.

Leading offshore wind developers Flotation Energy and Vårgrønn, a joint venture between Plenitude (Eni) and HitecVision, have announced that its floating offshore wind project Green Volt has been granted full onshore planning approval. This marks a significant milestone in the development of the most progressed commercial-scale floating wind farm in Europe. Green Volt is 50% owned by Flotation Energy and 50% by Vårgrønn.

The Biden-Harris administration announced its approval of the New England Wind offshore wind project—the nation’s eighth approval of a commercial-scale, offshore wind energy project under President Biden’s leadership. With the approval, the Department of the Interior has approved more than 10 gigawatts of clean energy from offshore wind projects—enough to power nearly four million homes.

MODEC Inc. (MODEC) is pleased to announce that it has been successful in securing the Front-End Engineering and Design (FEED) for a Floating Production, Storage and Offloading (FPSO) system for Shell do Brasil Ltda (Shell) on the Gato do Mato development, offshore Brazil.

Avangrid, Inc. (Avangrid), a leading sustainable energy company and member of the Iberdrola Group, submitted multiple proposals for mature, transformative New England Wind projects to the Massachusetts-Connecticut-Rhode Island multi-state solicitation for offshore wind power. New England Wind, representing two projects—the 791 Megawatt (MW) New England Wind 1 project and 1,080 MW New England Wind 2 project—are among the most mature offshore wind opportunities in the nation, with the ability to achieve commercial operations before the end of the decade, delivering an urgent energy, climate, and economic solution to the region.

Subsea7 announced the award to Seaway7, part of the Subsea7 Group, of a sizeable¹ contract by PGE Polska Grupa Energetyczna and Ørsted for the transport and installation of the substations for the Baltica 2 wind farm, offshore Poland.

The Bureau of Ocean Energy Management (BOEM) announced the Notice of Availability of the Area Identification (Area ID) for proposed Gulf of Mexico (GOM) Oil and Gas Lease Sales 262, 263, and 264. The Area ID will publish in the Federal Register on April 1, 2024, and is available for viewing and downloading on BOEM’s website.

Rhode Island’s offshore wind leader Ørsted announced that it has submitted a proposal for its Starboard Wind project, which would power more than 600,000 homes with renewable energy while delivering new investments that cement the Ocean State’s status as a national leader in the offshore wind industry and emerging Blue Economy. 

Cadeler announced it has signed an offshore wind turbine installation contract for the vessel Wind Scylla with an undisclosed client.