Hints and tips:
...GE is also considering a plant in New York state to make the giant blades used in offshore wind — a sector that barely exists in the US....
...The US barely has an offshore wind sector for these vessels to service....
...Having conquered a chunk of the nascent EV market in China, aggressive offshore expansion beckons....
...Data from Reba show that corporate purchases of clean power in the US rose to a record 10.6GW last year, which is equivalent to the capacity of the UK’s entire offshore wind fleet....
...Husky Energy has threatened to cancel a big planned offshore project in eastern Canada, Derek Brower reports....
...New York utilities including Consolidated Edison and a division of the UK’s National Grid urged against abandoning the marketplace....
...Edison’s reserves are mostly in Egypt and Italy. The latter has a ban on offshore drilling, so $100m of the price depends on just one project going ahead....
...It was also involved with Norwegian rig operator Songa Offshore before it was bought by rival Transocean in 2017....
...Jonathan Guthrie Head of Lex Best of Lex articles US offshore wind: turbine outfitters Climate change: the bigger short Energean/Edison E&P: green with envy Opec: groupsink Deutsche Bank: under the...
...Energean agreed to pay $750m upfront, half the maximum rumoured deal value, with a further $100m due to Edison in 2022 based on first gas from the Cassiopea field offshore Italy and a royalty due on any...
...The remainder is owned by Italy’s Edison....
...- Activism may have an antitrust problem - Zeno’s Paradox updated: No matter how many days Sun Edison drops 50 per cent it never reaches zero. - The hidden economics of porn....
...Among the gainers was Consolidated Edison, a power utility, which climbed 0.8 per cent to $77.95. Frontier Communications rose 3.7 per cent to $5.04....
...With the oil majors continuing to delay or cancel offshore exploration projects, the technical division of Braemar Shipping Services continued to suffer in the first half....
...Edison Chouest did not immediately respond to requests for comment....
...Analysts at Edison are forecasting profits to rise to £10m on sales of £119m in 2014....
...Mick Cooper, analyst at Edison Investment Research, said the proposed offer “seems a fair price that represents good value for both companies’ shareholders”....
...Liberty Natural Gas and Höegh LNG of Norway are seeking to build a liquefied natural gas port offshore to deliver batches by ship during cold snaps....
...Brazil has vowed to press ahead with Monday’s auction of the first of its giant offshore oil discoveries to be sold under a new regulatory regime, despite lower-than-expected industry interest and union...
...– refers regularly to innovators such as Henry Ford and Thomas Edison....
...Edison’s supply deal with RasGas guarantees supplies of 6.4bn cubic meters of gas annually over 25 years to Italy’s offshore regasification terminal in Rovigo....
...The country’s energy minister, Edison Lobão, told reporters on Thursday that the so-called 11th round of 172 onshore and offshore blocks would be held in May, or even earlier if possible....
...Most importantly, there will be two auctions, energy minister Edison Lobao said....
...Edison Lobão, energy minister, said on Tuesday that the government would probably start the bidding for 174 offshore and onshore blocks in May, with an auction of blocks in the highly coveted pre-salt region...
...In 2007 Petrobras became the envy of the global oil industry when Brazil discovered vast so-called “pre-salt” offshore reserves....
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