Renuware’s Post

That's indeed a great project that will have a huge effect in oil & gas sector in emission reduction. Nice one Archer Wind #Oil #Gas #Assets #Turbine #Tech #Innovation #Offshore

An MoU (Memorandum of Understanding) has been signed between Swedish energy-tech company SeaTwirl and UK-based Verlume, to collaborate around electrification of offshore assets and decarbonization of the oil and gas industry. #decarbonisation #energytransition #mou #seatwirl #verlume

Oil major Shell and Norwegian power companies Eviny and Lyse have become the latest group to pull out of Norway’s upcoming first floating offshore wind tender, citing concerns about profitability and “industrial maturity” #windpower #floatingoffshorewind #offshorewind https://lnkd.in/eQuTepUU

INTOG | Innovation and Targeted Oil and Gas; March 2024 update In March 2024, the Scottish Government confirmed revised timelines for the publication of the updated Sectoral Marine Plan for Offshore Wind Energy (SMP-OWE), incorporating the INTOG SMP, indicating that the final plan will be adopted in Spring 2025. Given the revised timelines, Crown Estate Scotland confirmed it is willing to consider entering into an Option Agreement with any developer who has been granted a section 36 consent and marine licence from the Scottish Ministers for their proposed project in advance of the adoption of the SMP-OWE, and subject to satisfying our pre-conditions of stepping into the Option Agreement. Stay informed at the moderated focus group; https://bit.ly/3rhoSWF INTOG | Innovation and Targeted Oil and Gas

Exciting news from Moreld Ocean Wind (MOW) as they expand their capabilities in floating wind foundations! Through their 2021 acquisition of a minority stake in US/French company Ocergy, MOW now offers advanced floating foundations, paving the way for innovative offshore wind projects. Archer's recent acquisition of MOW marks a strategic entry into the offshore wind market. CEO Dag Skindlo emphasized that this move strengthens their energy services portfolio and supports their customers' energy transition ambitions. With commitments from oil and gas clients towards floating offshore wind, Archer aims to leverage their extensive offshore expertise and 300-strong engineering team to drive growth and innovation in this burgeoning sector. "While floating wind is still in its early days, the market is expected to grow significantly in the coming decades," said Skindlo. This acquisition positions Archer to capitalize on these developments and contribute to a sustainable energy future. This collaboration promises exciting growth opportunities and reinforces the commitment to renewable energy transition. 🌍💡 Norwegian Oil & Gas Service Provider Enters Offshore Wind Market with Floating Wind Company Takeover: https://lnkd.in/dqZnJNxp #OffshoreWind #RenewableEnergy #EnergyTransition #Sustainability #Innovation #CleanTech

https://zurl.co/4uUj Understanding The Offshore Wind Supply Chain Tiers For Small Businesses: A Simple Guide from Tier 1 to Tier 10 #localcontent #smallbusiness #offshorewind #supplychain

Let #Aggreko supply the power and support to mitigate risks associated with your onshore and offshore wind projects to help meet your critical timelines in project commissioning. #GridEmulation #MitigatingRisk #TimelyInterconnection #HotCommissioning #ModularAndScalable

Diversified and O&G supply chain companies have accounted for the larger proportion of #offshorewind turbine foundations and stations supply between 2010 and 2014, in comparison to companies that are purely focused on offshore wind. This market share increased in the subsequent five-year period, being accelerated in part by the #oilprice downturn in 2014-2016, and this trend has continued in 2020-2024. These companies have split their order books to help mitigate the risks associated with market fluctuations, regulatory changes, and economic downturns. Companies are also able to take advantage of the difference in contracting lead times, securing long term revenue streams in offshore wind whilst making gains in the short term from O&G projects. Read our full insight where Bahzad Ayoub  takes us through offshore wind supplier market share, evolving contracting strategies, localisation, the growth of floating wind and opportunities for the transitioning supply chain here: https://lnkd.in/eFs6ZJS2

#Iberdrola and Schwenk Zement have signed a long-term power purchase agreement (PPA) for output from the 315 MW Windanker offshore wind farm in Germany. #offshoreenergy #offshorewind #offshore #energy #windenergy #windfarm https://lnkd.in/g6_g6jDU

📣Denmark launches it's largest offshore wind procurement procedure Read the full article here: https://lnkd.in/e45rMVYy #OffshoreWind #MarketIntelligence #Windfarms #Denmark