US weekly rig count decline by 26 units

Baker Hughes, GE company, the number of offshore rigs in the US declined by 26, in the timeframe of September 6 to 13, according to the company’s last count on September 13. Yet, in comparison to September 14 2018, the offshore rigs decreased by 196.

Global wind turbine order intake sees 111% rise

Global wind turbine order intake increased 111% year-on-year (YoY), overtaking the previous record set in Q4 2018 by 13.2GW, according to energy consultant Wood Mackenzie. Developers globally ordered a record 31GW of wind turbine capacity in Q2 2019.

Gulf of Mexico lease sale results in $159m in high bids

US Interior’s Deputy Assistant Secretary for Land and Minerals Management Andrea Travnicek announced that the region-wide Gulf of Mexico Lease Sale 253 generated $159,386,761 in high bids for 151 tracts covering 835,006 acres in federal waters of the Gulf of Mexico. 27 companies took part in the lease sale, submitting $174,922,200 in all bids.

Offshore wind in California could become part of the least-cost portfolio, report says

A new report by Castle Wind, noted that offshore wind power is growing rapidly around the world, driven by dramatic cost reductions and increased interest in carbon-free energy sources. While most offshore wind projects to date have used fixed-base platforms, there is growing commercial experience with floating-base applications that will unlock wind resources in deeper waters, such as those off the coast of California.

NYPA issues study on EU offshore wind models

NYPA published its completed study on European offshore wind transmission models that will help New York head towards its 9GW by 2035 goal. The study focused on transmission and interconnection strategies, while also development and electricity rate structures in the United Kingdom, Germany, the Netherlands and Denmark, which enabled each country to lower its costs over time.

Greece, Israel, US, Cyprus to boost energy cooperation

Greece, Israel, Cyprus and the US agreed to boost cooperation in energy, as well as cyber and infrastructure security, Greek Energy Minister Kostis Hatzidakis said, following a meeting among the ministers of the four countries in Athens, Wednesday. 

US launches program to boost offshore wind training

The Utility Workers Union of America (UWUA) and the Power for America Training Trust Fund (P4A) announced the launch of an apprenticeship program that will provide training for renewable energy jobs, including those for offshore wind. 

US Gulf drillship market improves its position

The US Gulf of Mexico drillship market is currently in quite an enviable position, Westwood Global Energy Group says, as from mid-July, marketed utilization of the 25-rig fleet stood at 96%, with 24 units either working or committed to start contracts in the next few months.


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