Search results for: projects

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  • 8 April 2020
    Business & Finance

    Alabama Governor Kay Ivey has announced that the National Fish and Wildlife Foundation (NFWF) recently awarded nearly $24 million from its Gulf Environmental Benefit Fund (GEBF) to four new projects in the state of Alabama. The projects, developed in consultation with state and federal resource agencies, are designed to remedy harm and reduce the risk […]

  • 7 April 2020
    Business & Finance

    € 6.1 billion was invested in four European offshore wind projects with a combined capacity of around 1.4 GW in 2019, marking the lowest amount invested and the capacity financed in a year since 2012, according to a report by WindEurope. The four wind farms that reached the Final Investment Decision (FID) in 2019 are […]

  • 7 April 2020
    Business & Finance, Business developments & projects

    China Three Gorges New Energy (CTGNE) plans to launch an initial public offering (IPO) of its A shares at a total value of CNY 25 billion (approximately EUR 3.3 billion), with most of the raised funds to be used to invest in seven offshore wind projects.

  • 6 April 2020
    Business & Finance

    The R.I. Coastal Resources Management Council (CRMC) has awarded funding for seven habitat restoration projects in the 17th year of its RI Coastal and Estuarine Habitat Restoration Trust Fund (CEHRTF). The Council approved the funding at the March 10 semi-monthly meeting in Providence. A number of the projects have a resiliency focus this year, including […]

  • 2 April 2020
    Business & Finance

    Iberdrola will put its investments in 2020 on a fast track with an aim to surpass last year’s investment record and reach € 10 billion. This will lead to some 4.5 GW of new capacity currently under construction to be commissioned this year.

  • 31 March 2020
    Authorities & Government

    India has reportedly decided not to go forward with the proposed tidal power plant developments in states of Gujarat and West Bengal on financial challenges in implementation of these projects. In August last year, India’s power minister Shri RK Singh approved proposal to declare ocean energy as renewable energy. Shri Singh informed the Parliament that […]

  • 27 March 2020

    Australia’s Woodside is postponing final investment decisions for its Scarborough, Pluto Train 2 and Browse liquefied natural gas growth projects worth more than $50 billion in a response to the oil price crash and the COVID-19 pandemic. Woodside announced a number of measures on Friday which include an approximately 50 per cent reduction in spending […]

  • 27 March 2020
    Business & Finance, Business developments & projects, Project & Tenders

    Australia’s Woodside is postponing final investment decisions for its Scarborough, Pluto Train 2 and Browse liquefied natural gas growth projects worth more than $50 billion in a response to the oil price crash and the COVID-19 pandemic. Woodside announced a number of measures on Friday which include an approximately 50 per cent reduction in spending […]

  • 25 March 2020
    Business & Finance

    The N.C. Division of Water Resources has awarded $22 million to 13 coastal towns and counties to help with recovery efforts following Hurricane Florence. “Coastal communities are still in the rebuilding and recovery phase more than a year after Hurricane Florence left its devastating impact,” said Michael Regan, Secretary of the N.C. Department of Environmental […]

  • 25 March 2020
    Business & Finance, Business developments & projects

    Ørsted’s construction projects are all progressing according to plans, the offshore wind developer reported on 25 March, referring to the current situation with the world fighting the COVID-19 pandemic. The company said it did not see any permits, consents, tax credits, or offtake agreements in relation to its construction projects being at risk due to […]

  • 23 March 2020
    Business & Finance, Equipment

    Aker Solutions has entered into a master agreement to provide umbilicals for the Chevron-operated oil and gas fields in the US Gulf of Mexico.

  • 23 March 2020
    Business & Finance, Project & Tenders

    Aker BP is putting on hold all non-sanctioned field development projects, postponing exploration wells and reducing production costs in order to reduce spending in response to uncertainty caused by the coronavirus crisis.

  • 13 March 2020
    Business & Finance, Project & Tenders

    Husky Energy has decided to cut its 2020 capital spending by $900 million in upstream spending and an additional $100 million in additional measures. 

  • 4 March 2020
    Business & Finance

    Congressman Frank Pallone, Jr. has announced additional beach replenishment projects in Long Branch, Sea Bright, and Monmouth Beach. In the announcement, Pallone said that additional federal dollars will allow for expanded work in these Monmouth County towns. “I’m pleased to announce these additional replenishment projects that will be critical to our beaches and communities in […]

  • 28 February 2020
    Business & Finance

    Congressman Lee Zeldin yesterday held a meeting with the Army Corps of Engineers, including Commander of the New York District of the Army Corps, Colonel Thomas Asbery. “Yesterday, I met with the Army Corps to reiterate the gratitude for their 24/7 operations all up and down our shores. For example, three of the area’s dredging […]

  • 26 February 2020
    Storage

    Preliminary agreements to ensure the grid connection for the Saint-Brieuc offshore wind project in France and the Baltic Eagle and Wikinger Süd projects in Germany have been concluded, Iberdrola said. For Saint-Brieuc, a preliminary agreement has been concluded with grid operator RTE to ensure the grid connection will be available in the second quarter of […]

  • 24 February 2020

    China Three Gorges (CTG) has started construction on what the state-owned utility describes as offshore wind ‘’super projects’’ with a combined capacity of 2,200MW. The two wind farms in question are the 1,400MW Yangjiang Shapa Phases 2-5 project off the city of Yangjiang, Guangdong Province, and the Jiangsu Rudong 800MW (H6, H10) wind farm offshore […]

  • 14 February 2020
    Business & Finance

    Nauticor and Fr. Fassmer to cooperate in newbuilding and retrofitting projects for ships with LNG engines.

  • 13 February 2020
    Business & Finance

    More than $188 million in flood risk management work for Northern California were outlined in two separate budget releases on February 10, adding to an already robust Sacramento District workload, reports the U.S. Army Corps of Engineers’ Sacramento District.  President Donald Trump’s fiscal year 2021 budget proposal would fund two District projects in his plan […]

  • 12 February 2020
    Business & Finance

    Oregon Representative Peter DeFazio has secured an additional $11.7 million from the U.S. Army Corps of Engineers for projects in Oregon’s Fourth Congressional District as part of the Fiscal Year 2020 work plan for the Corps’ Civil Works program. “Our ports and harbors along the Oregon coast are critical lifelines for coastal communities, and support […]

  • 3 February 2020
    Business & Finance

    Steel producer Tata Steel has secured three separate contracts with TechnipFMC for work in the UK North Sea. 

  • 31 January 2020
    Business & Finance

    Two NOAA-sponsored habitat restoration projects in Louisiana have been approved for $30 million in funding in 2020 by the Coastal Wetlands Planning, Protection, and Restoration Act (CWPPRA) Program. According to NOAA, these projects will restore habitat along Louisiana’s coast, increase protection for people and property, and benefit some of America’s richest fisheries: Construction of the West Fourchon […]

  • 28 January 2020
    Authorities & Government

    Poland’s PGE Group has received environmental permits for the construction of the Baltica 2 and Baltica 3 offshore wind farms in the Polish Baltic Sea. The Regional Directorate for Environmental Protection issued a decision on environmental conditions for the two projects on 24 January, which now allows PGE Group to start working on the technical […]

  • 21 January 2020
    Business & Finance

    U.S. Senators Marco Rubio and Rick Scott recently wrote to R.D. James, the Assistant Secretary of the Army – Civil Works, ahead of the Army Corps Engineers finalizing their Fiscal Year 2020 work plan, to ensure that all proposed and ongoing projects in Florida receive full and fair consideration. This includes maintaining record progress towards […]

  • 16 January 2020
    Authorities & Government, Business & Finance

    The Scottish Government and Crown Estate Scotland have established an agreement on local content requirements for wind farm projects offshore Scotland. Under the agreement, offshore wind developers will have to agree on supply chain commitments when applying for leases. According to the government, Scottish companies will benefit from new steps to increase the number of […]