An energy expert and former president of Shell Americas believes so.
Policy and permitting, the environment and metocean conditions, and infrastructure were among the topics discussed as companies aim to advance projects.
Executives from Equinor, Shell, Total and WindEurope discuss how producers of oil and gas are transferring knowledge to offshore wind.
From zero 10 years ago, U.S. offshore wind projects set for $78 billion in capital investment this decade.
Eni will expand its renewable energy in Europe, the U.S. and the Pacific by developing its own projects and making small acquisitions, the group’s clean energy head said on Dec. 4.
U.S. artificial intelligence-driven energy storage company Stem Inc. is nearing a deal to go public through a merger with blank-check acquisition company Star Peak Energy Transition Corp. at a valuation of around $1.35 billion, according to people familiar with the matter on Dec. 3.
Eni enters the world’s largest offshore wind project with the acquisition of a 20% stake in the U.K. Dogger Bank (A and B) 2.4 GW project.
Ørsted has entered into an agreement on Dec. 4 to sell a 25% ownership interest in its 1,100 MW Ocean Wind offshore wind project to New Jersey’s Public Service Enterprise Group (PSEG).
Great Lakes Dredge & Dock Corp. said the vessel for subsea rock installation would comply with the 100-year old Jones Act and could be operational as soon as early 2024.
The rate is well below that needed to achieve climate change goals, the group warns.
Coal, oil and gas output by 2030 will double what is needed to slow global warming.
Enel, one of the world's biggest renewable energy companies developing green hydrogen projects in Spain, Chile and the U.S., agreed to work with Eni on plans to supply green hydrogen to two refineries in Italy.