Offshore Auctions

Saturday, 02 December 2023

Latest News for: Offshore auctions

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Exclusive: Colombia makes major changes to auction rules for offshore wind blocks

Reuters 02 Dec 2023

BOGOTA, Dec 2 (Reuters) - Colombia has significantly modified the terms for its first-ever offshore wind energy auction, set to receive bids in August next year, with the aim of opening it to as many interested bidders as possible, Energy Minister Andres Camacho said in an interview.

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Offshore wind power industry pushes for reform of the Wind Sea Act

Marietta Daily Journal 02 Dec 2023

Hamburg — German industry wants millions in revenue from the auctioning of land for offshore wind farms to be channelled more into the development of production capacities and port facilities in future in order to achieve the goals of the ... .

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Indonesia approves delayed Abadi Masela gas revised development plan

Reuters 02 Dec 2023

Companies. Inpex CorpFollow. Pertamina (Persero) PTFollow. PETRONAS Capital LtdFollow ... The revised plan "has been approved", said Tutuka Ariadji, director general of oil and gas at the energy ministry ... Our Standards. The Thomson Reuters Trust Principles ... Read Next ... Colombia makes major changes to auction rules for offshore wind blocks7.10 AM UTC.

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Foreign wind power players urge Japan to scale up offshore auctions

Japan Times 01 Dec 2023

International energy companies, from Germany's RWE to Spain's Iberdrola, are urging Japan to beef up offshore wind power auctions and make investments more attractive, amid soaring installation costs as competition for suppliers grows worldwide ... .

photo: Creative Commons / CGP Grey http://www.CGPGrey.com

DK 84 København Energy Copenhagen Denmark Wind Farm (4890897324)

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How will Japan reach its ambitious goal in offshore wind energy?

Reuters 01 Dec 2023

A Mitsubishi-led consortium (8058.T) won all three offshore wind farm auctions in 2021 in the regions of Akita and Chiba, with combined capacity of 1.7 GW and a target start-up date of 2028 to 2030 ... 17 for a third round of auctions to offer 1.05 GW on two offshore wind farms.WHAT ARE THE PLANS FOR FLOATING OFFSHORE PLANTS?.

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US offshore wind warnings pile pressure on 2024 auctions

Reuters 01 Dec 2023

East Coast offshore wind auctions must reflect a new cost reality to lure back developers still licking their wounds from major write-downs, industry experts said ... offshore wind hopes ... US offshore wind pipeline by state ... As power authorities prepare new auctions, rising prices will test the commitment of East Coast states to offshore wind.

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Background Press Call by Senior Administration Officials to Preview COP28

The White House 30 Nov 2023

My question is on — the United States is — while it’s participating in COP, it’s holding a series of oil and gas lease sales — both onshore and, later this month, offshore. I wonder if you could comment on the timing of those auctions coinciding with ...

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COP28: UCC experts answer your climate questions

RTE 29 Nov 2023

About 4,500 turbines in total with a mix of onshore and offshore ... The next auction will focus on providing 900MW of projects on the south coast in the Celtic Sea and then further projects on the east coast to meet Ireland's targets of 5GW (and an additional 2GW of offshore wind for the development of green hydrogen) by 2030.

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ONGC charges premium over Brent in oil deals with BPCL, HPCL

Financial Express 26 Nov 2023

Subsequent to that rule change, ONGC started quarterly auctions of crude oil produced from Mumbai High and Panna/Mukta fields in the western offshore. While the company got a slight premium over Brent – the crude oil its Mumbai offshore is closest in quality to – in ...

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Portugal just ran on 100 percent renewables for six days in a row

Grist 26 Nov 2023

But the government is set to hold an auction for 2 gigawatts of offshore development in December ... “This government won’t be able to make relevant decisions in the coming months, until the elections in March, which would delay the launch and conclusion of the first offshore wind auction,” Prado said.

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Maduro claims “national unity” to recover Guyanese disputed territory

La Prensa Latina 25 Nov 2023

Caracas, Nov ... Earlier in the day Defense Minister Vladimir Padrino said the dispute with Guyana “is not an armed war, for now.”. In a speech broadcast by state television VTV Maduro said ... Earlier in the day, in a telephone call about the Dec ... In September, Guyana opened an auction for 14 new offshore oil and gas exploration blocks. EFE.

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Finland opens auction for offshore wind totalling 7.5GW

Power Technology 24 Nov 2023

Finnish government has ...

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North Sea countries co-ordinate plans to seek 100 GW of offshore wind by 2030

Renew Economy 24 Nov 2023

Nine countries bordering the ...

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Russia's sanctioned Sovcombank requests US licence to make UN climate payments

Reuters 23 Nov 2023

SummaryCompanies ... MOSCOW, Nov 23 (Reuters) - Russian private lender Sovcombank has applied to the U.S ... assets ... The U.S ... BusinesscategoryFinland to auction five offshore wind power sites. Finland will launch an auction for five offshore wind power sites with up to 500 turbines in Finland's public water areas, it said on Thursday.12.16 PM UTC ....

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Ireland ranked 12th most attractive market for green investors

The Irish Times 22 Nov 2023

State’s improved ranking comes in wake of first offshore wind auction ... The State’s improved ranking comes on the back of the State’s first offshore wind auction, under the auspices of Offshore Renewable Electricity Support Scheme ...