BP to Sell Petrochemicals Business to Ineos for $5B
British oil major BP will sell its global petrochemicals business to Ineos for $5 billion, a transaction delivering BP's divestments target a year earlier than originally scheduled.Brian Gilvary, BP’s chief financial officer…
Innogy Picks Most Powerful Wind Turbine for Its Largest Offshore Wind Project
Offshore wind developer Innogy has chosen giant 14 megawatt (MW) offshore wind turbines for its flagship 1.4 gigawatt (GW) Sofia Offshore Wind Farm, located 195 kilometers from the UK coast on Dogger Bank…
Construction Starts for Asia's Largest Offshore Wind Blade Manufacturing Facility
Taiwanese company Tien Li Offshore Wind Technology has started construction on 210,000 square meter facility in Taichung Harbour to supply offshore wind blades to Taiwan's growing offshore wind industry.Tien…
New Report Outlines Big Potential for Offshore Wind
Offshore wind currently represents just a small piece of the world’s energy supply. But that’s changing faster than ever before as new and existing players look to tap the huge resource potential—and market…
Refineries around Asia Join Chinese Peers in Increasing Production
Refineries from India to South Korea are expected to increase output from June, joining their Chinese counterparts as the easing of lockdown measures boosts demand for oil products, industry executives…
Largest Wind Turbines for U.S. Largest Offshore Wind Project
Siemens Gamesa Renewable Energy's new wind turbines with up to 15MW capacity have been earmarked for an offshore wind project in the U.S.First, the company on Tuesday morning said it was planning to the…
Fugro IOVTEC Wins Survey Work at Hai Long Wind Farm Sites
Fugro IOVTEC, a JV between Dutch Fugro and Taiwan's IOVTEC, has secured an offshore geotechnical site investigation project in Taiwan for the Hai Long 2 and Hai Long 3 offshore wind farms. The Hai Long…
Oil Steadies as Demand Uncertainty Tempers Supply Cuts
Oil prices, which have been driven higher for the past four weeks, were steady on Monday, with holidays in Singapore, London and New York dampening trade, as rising concerns over demand recovery offset supply cuts.Brent had eased by 5 cents…
LOC to Provide MWS Services for Ørsted Taiwan Offshore Wind Farms
Danish offshore wind developer Ørsted has contracted LOC for the provision of Marine Warranty Survey services (MWS) for the Greater Changhua 1 & 2a offshore wind farms in Taiwan.Under the agreement, LOC…
OWC Sets Up Shop in Japan
International offshore wind consultancy and advisory firm OWC (Offshore Wind Consultants) has said it will set up an office in Tokyo to support the fast-growing offshore wind market in Japan."The Japanese…
Drydocks World Starts Bokalift 2 Conversion for Boskalis
Dubai's Drydocks World shipyard has started construction of the offshore wind installation vessel for the Dutch company Boskalis.Drydocks World held a steel-cutting ceremony on Monday to mark the start…
MHI Vestas Sourcing Blade Components from Local Taiwan Suppliers
Offshore wind turbine specialist MHI Vestas which has recently awarded contracts to supply wind turbines for offshore wind projects in Taiwan, has signed a deal with Swancor to source wind turbine blade…
Fugro Expands In Taiwan Offshore Wind Space with IOVTEC JV
Dutch offshore survey company Fugro is expanding in Taiwan's emerging offshore wind space with the formation of Fugro IOVTEC, a joint venture company with local player IOVTEC."Fugro has been actively supporting…
Pulse Wins Taiwan Offshore Wind Farm Contract
Pulse Structural Monitoring signed its first major contract for the provision of digital structural monitoring and insight services and equipment on an offshore wind farm. The contract, which provides for the design…
Heerema Fabrication Group's Piling Template for Taiwan Offshore Wind Project
Dutch company Heerema Fabrication Group has won a contract to build pre-piling templates for the Greater Changhua offshore wind developments in Taiwan.A pre-piling template will be delivered to the company's…
Orsted Hopes COVID-19 Will Not Slow Japan's Offshore Wind Projects
Orsted, the world's largest offshore wind farm developer, is concerned the coronavirus may delay auctions for offshore projects as it prepares to enter the market, the head of its Asia-Pacific unit said.
MHI Vestas Eyes Further Asia Pacific Growth. Appoints Regional Manager
Offshore wind turbine specialist MHI Vestas has appointed Masato Yamada as Regional Manager Asia Pacific to facilitate broader growth across the region.The company, a joint venture between Denmark's Vestas and Japan's Mitsubishi Heavy Industries…
RWE Enters Taiwanese Offshore Wind Market
RWE, Europe's third-largest renewables group, is partnering with Taiwan's Asia Cement Corp to enter one of the strongest-growing offshore wind markets outside Europe, its renewable arm said on Thursday.The…
Fred. Olsen Windcarrier to Install CFXD Wind Turbines
Fred. Olsen Windcarrier’s jack-up vessel Brave Tern has been awarded a contract to transport and install wind turbines selected for the Changfang and Xidao offshore wind farms (CFXD) in Taiwan.The contract…
Taiwan Gets 1st Carbon Neutral LNG Shipment
Taiwan accepted its first carbon neutral shipment of liquefied natural gas (LNG). State-owned CPC Corporation, a natural gas, and gasoline company in Taiwan announced receipt of LNG cargo from Shell.Nature…
