Energy

Siemens Gamesa Renewable Energy (SGRE) was named preferred supplier by customer Ørsted for their 900 MW Greater Changhua offshore wind power projects in Taiwan.

In a new study “The Future of Petrochemicals”, the International Energy Agency (IEA) points out that rising living standards, particularly in developing countries, are already underpinning strong demand growth for plastics and this will continue for many years to come.

BP announced on October 18, 2018, that it has started up the Thunder Horse Northwest Expansion project in the deepwater Gulf of Mexico, four months ahead of schedule and 15 percent under budget.

On Wednesday, October 17, U.S. Secretary of the Interior Ryan Zinke announced three major developments in American offshore wind energy spanning from coast to coast.

By the time Mexican President-Elect Andrés Manuel López Obrador (a.k.a. AMLO) takes power on 1 December 2018, international investors hope to get a clearer understanding of his administration’s plans regarding international investment in his nation’s offshore oil reserves. While questions remain about AMLO’s policy regarding both new and existing contracts for offshore oil, some experts see reason for optimism.

On October 14, the Oseberg Vestflanken 2 field in the North Sea came on stream. Remote-operated from the Oseberg field center, the new Oseberg H platform is the first unmanned platform on the Norwegian Continental Shelf. Recoverable resources are 110 million barrels, and the project was delivered far below budget.

Marine energy developer Minesto has achieved initial electricity generation with its first commercial-scale marine energy kite during the commissioning program of the company’s ground-breaking low-flow tidal energy project in Wales.

The Carbon Trust’s Offshore Wind Accelerator (OWA) has published an update of the Floating LiDAR (light detection and ranging) Roadmap, accepted as the international industry framework for technology maturity. The Roadmap, originally published in 2013, has been revised to include updates, extensions and new performance indicators based on industry engagement to ensure the Roadmap continues to be fit for purpose for several user groups in to the future.

Although the majority of commercial floating wind turbines are at the early phase of development, Ideol, a leader in floating offshore wind, is at the forefront of bringing commercial floating wind turbines to market.

The summer of 2018 will be remembered as the time US states took huge steps forward in the offshore wind programs for their states and the US offshore wind industry as a whole. I think it is worth recapping what has happened over the summer as we start an even busier fall.

Siemens Gamesa Renewable Energy (SGRE) awarded the first two local supply agreements for offshore wind projects in Taiwan in ceremonies in Taipei. Firstly, Swancor will supply resin used in the blades slated for the Formosa 1 Phase 2 offshore wind power plant. Secondly, the newly-formed partnership between CS Wind and Chin Fong will supply 100%-localized towers to meet the localization requirement on wpd’s Yunlin offshore wind power project in 2021.

Ørsted has entered into an agreement with the D.E. Shaw Group to acquire a 100% equity interest in Rhode Island-based Deepwater Wind at a purchase price of USD 510 million. The two companies’ offshore wind assets and organizations will be merged into the leading US offshore wind platform with the most comprehensive geographic coverage and the largest pipeline of development capacity.