Latest News for: Offshore executives

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Government offshore energy plans will leave State trailing, leading developer claims

The Irish Times 02 Dec 2023
Government plans have left the Irish offshore industry trailing the rest of Europe, says one developer ... The Government’s offshore energy plans will leave the Republic trailing the rest of Europe despite official ambitions to make the State a leading player in the industry, a leading specialist developer has warned.
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Foreign wind power players urge Japan to scale up offshore auctions

Reuters 01 Dec 2023
"It's a global race and we can't look at it in isolation," Jens Orfelt, president for offshore wind development for Asia-Pacific at RWE Renewables (RWEG.DE), told a recent conference ... BP (BP.L) is seeking partners for offshore wind projects in Japan, a market it has identified for growth, an executive told Reuters in November.
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Financial services: 'Quincecare Duty' when customer agents act fraudulently

Reuters 01 Dec 2023
December 1, 2023 - Bankers and Registered Agents in UK offshore jurisdictions need to be able to execute payment requests with the comfort that doing so with reasonable skill and diligence will protect them from becoming defendants to fraud claims in circumstances where funds are misappropriated.
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Drydocks, Aker to deliver 2 offshore renewable energy platforms

GDN Online 30 Nov 2023
The collaboration, focused on the engineering, procurement, construction and installation (EPCI) of a high-voltage direct current (HVDC) offshore substation, leverages Drydocks World's extensive expertise in executing major renewable energy projects.
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Gov. Phil Murphy orders officials to push forward on NJ offshore wind projects

app 30 Nov 2023
Former coal-fired power plant demolished to make way for offshore wind electricity connection. A giant smokestack that was part of the New Jersey landscape for millions of beach tourists was imploded Thursday to make way for the site's new use as a connection point to the electrical grid for offshore wind power.
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Despite setbacks, states are still counting on offshore wind

The Virginian-Pilot 30 Nov 2023
The first commercial offshore wind farm in the United States is located 3.8 miles from Block Island, Rhode Island in the Atlantic Ocean ... Despite the setbacks, state leaders say they don’t intend to dial back their offshore wind ambitions ... Offshore wind could literally be an inexhaustible source of energy.”.
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Eneti agrees $436m loan to finance WTIV newbuild duo

Splash24/7 30 Nov 2023
Emanuele Lauro-led offshore wind vessels player Eneti has executed a senior secured green term loan facility of up to $436m with a group of international banks and export credit agencies ... It bears interest at a blended margin of SOFR plus 2.36% per annum ... .
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Sempra reshuffles its management team

Offshore Energy Today 29 Nov 2023
U.S. energy infrastructure company Sempra has made several changes in regard to its executive […]. The post Sempra reshuffles its management team appeared first on Offshore Energy ... .
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Germany's RWE raises green spending target to $60 bln by 2030

Reuters 28 Nov 2023
None of RWE's offshore wind projects are facing economic difficulties, Chief Executive Markus Krebber said at the group's capital markets day, in a comment aimed at addressing investor concerns after related writedowns by BP (BP.L), Orsted (ORSTED.CO) and Equinor (EQNR.OL).
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Octopus Energy buys stake in English offshore wind farm

Splash24/7 27 Nov 2023
“We’re overjoyed to make this investment after we recently announced our Offshore Wind Fund, and we’ll continue to rapidly scale our offshore wind activity globally,” Zoisa North-Bond, Chief Executive Officer of Octopus Energy Generation, said.
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Dedicated rescue tug for New Zealand coastline likely too expensive, harbourmaster says

RNZ 27 Nov 2023
Harbourmaster Grant Nalder said the ship started going slower and slower while heading north ... Greater Wellington Regional Council chief executive Nigel Corry said they were "anxious to keep those conversations going with the incoming government". It was clear offshore towage was needed along the country's coastline, he said ... ....
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Economy pauses NJ offshore wind development

Atlantic City 25 Nov 2023
We'd like to think that the ardent, politicized fight over offshore wind energy concluded with the Halloween cancellation of the first New Jersey projects ... offshore wind has only paused and when it resumes — signs suggest sooner than expected — the partisan contest will return too ... The case for offshore wind energy remains strong.
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NJ offshore wind energy is not the failure that many believe, just an economic pause

Atlantic City 25 Nov 2023
We’d like to think that the ardent, politicized fight over offshore wind energy concluded with the Halloween cancellation of the first New Jersey projects ... offshore wind has only paused and when it resumes — signs suggest sooner than expected — the partisan contest will return too ... The case for offshore wind energy remains strong.
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Our view: NJ offshore wind energy is not the failure that many believe, just an ...

Atlantic City 25 Nov 2023
We’d like to think that the ardent, politicized fight over offshore wind energy concluded with the Halloween cancellation of the first New Jersey projects ... offshore wind has only paused and when it resumes -- signs suggest sooner than expected -- the partisan contest will return too ... The case for offshore wind energy remains strong.
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Newcastle NSW: Climate change protestors take to boats, dinghies and kayaks as they shut down ...

The Daily Mail 25 Nov 2023
READ MORE ... 'While the Greens are protesting, we are progressing jobs growth and emissions reductions by developing offshore wind,' he told AAP on Friday. NSW Minerals Council chief executive Stephen Galilee denounced the protesters as 'extremists' ... NSW Minerals Council chief executive Stephen Galilee denounced the protesters as 'extremists' ... .
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