Latest News for: Offshore auctions


Oman plans more oil and gas auctions: energy minister

Hellenic Shipping News Worldwide 23 Apr 2024
Oman intends to auction offshore oil and gas blocks by the end of ...

‘Government flip-flopping on climate has cost us work’: Ramboll’s Philippa Spence on what she wants from UK politicians

Building 22 Apr 2024
That same week, a government auction for new offshore wind contracts failed spectacularly when no developers made bids because they believed the prices had been set too low.

Hindustan Zinc ventures into exploration for critical and offshore minerals, establishes subsidiary

Business Line 20 Apr 2024
Vedanta-owned Hindustan Zinc, the third largest silver maker globally and among the major zinc makers in India, is planning to explore, discover and develop mineral blocks, especially critical, deep-seated, and offshore ones.

EU faces growing geopolitical challenges and must act decisively

Blitz 19 Apr 2024
Inflation Reduction Act ... Letta proposes measures such as cross-border cost-benefit allocation for offshore wind projects, joint auctions for renewables, green bonds for energy infrastructure, and mechanisms for joint purchasing of critical minerals ... .

EU must act decisively as geopolitical challenges grow

Arab News 18 Apr 2024
adopting a cross-border cost-benefit allocation methodology to expedite the rollout of regional offshore wind projects; developing cross-border systems for procuring flexibility and joint auctions for ...

Lithuania's Second Offshore Wind Auction Fails to Find Enough Bidders

The Maritime Executive 17 Apr 2024
... from bankers in lending for offshore wind ... Lithuania's first 700 MW offshore wind auction was held in 2023, and it also failed to attract much international interest - but not for geopolitical reasons.

‘I hate wind’: Trump rails against wind energy in fundraising pitch to oil execs

The Day 17 Apr 2024
A Trump Interior Department would also prioritize offshore oil and gas leasing in the Gulf of Mexico over offshore wind auctions, said William Perry Pendley, who served as acting director of Interior’s Bureau of Land Management under Trump.

The Irish Times view on Ireland’s offshore wind: a vital need to speed investment

The Irish Times 15 Apr 2024
... – a mix of policy, regulation and timely issuing of contracts through auctions – for multinational renewable energy companies with big offshore wind energy ambitions to locate in Irish waters.

US increases royalty rates for companies drilling on public lands

Offshore Technology 15 Apr 2024
Tick here to opt out of curated industry news, reports, and event updates from Offshore Technology ... The minimum bid at federal oil and gas lease auctions increases to $10 per acre from $2 per acre and ...

RWE Wants to Expand Supply of Fiber Cables for Floating Offshore Wind

The Maritime Executive 10 Apr 2024
... floating offshore wind ... RWE has secured a commercial-scale floating offshore wind lease off the California coast, and is also preparing for floating wind auctions in France, Norway, Spain and the UK.

Will new Portuguese administration reduce EU funding for renewables?

PV Magazine 09 Apr 2024
The first auction, for the right to build and operate floating solar plants ... What’s more, there are currently no announced auctions other than for offshore wind, and no clear stance on energy storage.