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New Task Force to drive offshore wind growth in Japan

The Global Wind Energy Council and the Japan Wind Power Association formed a joint Japan Offshore Wind Task Force to drive offshore wind growth in Japan. The Task Force will focus on addressing regulatory and industrial bottlenecks, so that the country can take full advantage of its offshore wind potential. 

Dutch partners start Europe’s largest green hydrogen project

A Dutch consortium comprising Gasunie, Groningen Seaports and Shell The Netherlands, revealed plans to launch the NortH2 project, foreseeing the production of green hydrogen using renewable electricity generated by a mega offshore wind farm, in line with the objectives of the Dutch Climate Accord.

Rystad: Oil and gas prices to fall short of expectations amid coronavirus

Amid the coronavirus outbreak that continues to expand, the slowdown in global oil and gas consumption this year will hit suppliers who will see average prices fall below previous expectations, says Rystad Energy. Meanwhile, coronavirus and LNG oversupply are expected to lead to low gas prices. 

ADNOC to expand its carbon capture and storage program

UAE’s oil and gas firm ADNOC announced expansion of its Carbon Capture Utilization and Storage (CCUS) program, as part of its goal to become one of the least carbon-intensive oil and gas producers in the world, in line with its 2030 strategy. 

Future offshore wind farms could host seaweed farms under new agreement

Danish offshore wind firm Ørsted and Dutch NGO Stichting Noordzeeboerderij, promoting the seaweed sector, signed a Letter of Intent to combine ‘mooring solutions with nature development in multi-use systems’. The collaboration is considered a stepping stone for realizing multi-use sea farms.

Floating Offshore Wind Committee launched

World Forum Offshore Wind (WFO), the association seeking to promote offshore wind globally, has created the Floating Offshore Wind Committee (FOWC), a new working group aiming to promote the acceleration of commercial-scale floating offshore wind.

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