Latest News for: Offshore auctions

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Offshore wind farm leasing round expected to raise �260m

Yahoo Daily News 25 Mar 2023
Floating wind farm ... ScotWind offshore auction raises �700m. ScotWind ... He added that it should "support innovation, reduce North Sea carbon emissions, and encourage technical and commercial innovation in the offshore renewables market".Story continues ... Industry body Offshore Energies UK chief executive David Whitehouse said ... ....
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EnBW moves ahead with 960 MW German offshore wind farm as it sells nearly half ...

Splash24/7 23 Mar 2023
With a capacity of 960 MW, He Dreiht is one of the largest offshore wind power ... The project, backed by €600m European Investment Bank funding, will be realised without state subsidies and is one of the world’s first zero-cent bids in an offshore auction.
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The cost of gas pricing reform – Explainer

Financial Express 23 Mar 2023
Follow Us ... The recommendations ... No proposal to implement MSME rating system ... No change has been suggested in the pricing mechanism for gas produced from new and difficult fields; Reliance-BP and state-run ONGC will benefit from this, given their offshore assets in the KG basin. Also ReadReliance re-auctions gas in line with new govt rules ... .
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UK Celtic Sea surveys set to quicken floating wind at scale

Reuters 21 Mar 2023
March 21 - The UK Crown Estate's decision to invest in offshore wind surveys in the Celtic Sea is set to help the UK floating wind sector make the important step up to commercial arrays ... Recent UK lease auctions have shown how intense competition in the offshore wind market is driving up bid prices ... UK onshore, offshore wind capacity in 2020.
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Lithuania Preps for its First Offshore Wind Auction

The Maritime Executive 20 Mar 2023
The Government of Lithuania has approved the requirements for developers wishing to participate in the upcoming auction for the construction of the Offshore Wind Park in the Baltic Sea ... Lithuania’s 700 MW Offshore Wind Park is estimated to cost over $1 billion to develop.
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Reliance re-launches auction for sale of natural gas from eastern block

IIFL Securities 20 Mar 2023
Reliance Industries Ltd and BP PLC have restarted an auction for the sale of natural gas from their KG-D6 block located in the eastern offshore, incorporating the government's latest marketing regulations.  ... an e-auction on April 3.
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Reliance re-auctions gas in sync with new govt rules

The Telegraph India 19 Mar 2023
Reliance Industries Ltd and its partner BP plc have re-launched an auction for the sale of natural gas from their eastern offshore KG-D6 block after incorporating the government’s new marketing rules to give CNG-selling city gas companies first priority over supplies.
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Reliance Industries to re-auction gas in line with new government rules

Business Line 19 Mar 2023
Reliance Industries Ltd and its partner bp plc have re-launched an auction for sale of natural gas from their ...
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Reliance re-auctions gas in line with new govt rules

Financial Express 19 Mar 2023
Reliance Industries Ltd and its partner bp plc have re-launched an auction for sale of natural gas from their eastern offshore KG-D6 block after incorporating the government’s new marketing rules to give CNG-selling city gas companies first priority over supplies.
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RWE Clean Energy formed in US through acquisition of Con Edison Clean Energy Businesses

Splash24/7 16 Mar 2023
Through offshore wind lease auctions in the New York Bight and California in 2022, RWE has secured sites with the potential to host a total of about 3.9 GW (pro rata RWE) installed capacity in offshore wind.
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Groups Vow to Sue Biden for Ignoring Demand to End Drilling on Public Lands

Common Dreams 16 Mar 2023
The nation's largest-ever offshore auction, which saw more than 80 million acres of the Gulf of Mexico offered to the highest-bidding oil and gas drillers, was blocked in January 2022 by a federal judge who argued that the Biden administration violated environmental laws by not adequately considering the likely consequences of resulting emissions.
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Maritime UK launches Offshore Wind Plan

SAFETY4SEA 13 Mar 2023
On March 10th, Maritime UK launched a landmark Offshore Wind Plan which puts forward a strategy for realising the UK’s offshore wind potential in the decades to come. As explained, the Offshore Wind Plan puts forward a strategy for realising the UK’s offshore wind potential in the decades to come ... Offshore Vessels.
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Trinidad in substantive negotiations with Venezuela on gas project

Natural Gas World 10 Mar 2023
Houston, March 9 (Reuters) - Trinidad and Tobago has held substantive talks with Venezuela on developing the promising Dragon offshore gas field following a U.S ... Trinidad also is moving ahead with auctions to secure participation of oil and gas firms onshore and offshore ... It also is evaluating 16 bids received during a separate onshore auction.

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