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Today's Market View - Altus Strategies, Gem Diamonds, GoldStone Resources and more...

Altus Strategies (LON:ALS) – Drilling at Tabakorole grows the mineralisation along strike Gem Diamonds (LON:GEMD) – Gem Diamonds donates 20,000. ....

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UK: New scheme emerges for rapid decarbonisation of oil & gas assets with floating wind and hydrogen

A plan to accelerate the decarbonisation of oil & gas assets through a 200-turbine floating wind and hydrogen development has been revealed. ....

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Huge floating windfarms could be deployed off Shetland and North East Scotland

The project could help safeguard thousands of jobs.
Cerulean is led by oil services entrepreneurs Dan Jackson and Mark Dixon, who have worked on a wide range of North Sea developments.
Cerulean Winds founders Mark Dixon and Dan Jackson
After lining up leading oil services firms to work on the project and taking soundings among financial market players, the company is seeking clearance from the Scottish Government and Marine Scotland for the scheme.
It hopes to win clearance separately from the ScotWind licensing round that is being conducted by Crown Estate Scotland, which will cover acreage closer to the mainland than that Cerulean is eyeing. ....

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200-Turbine Floating Wind Plan Proposed to Offset UK Oil & Gas Footprint

June 1, 2021,
by
Adrijana Buljan
A plan to decarbonise offshore oil and gas assets in the UK through an integrated 200-turbine floating wind and green hydrogen development was revealed today (1 June).
The GBP 10 billion (approx. EUR 11.62 billion) project involves installing 200 of the largest floating wind turbines at sites West of Shetland and in the Central North Sea. They would be providing 3 GW/h to feed power to the offshore oil and gas assets, and excess 1.5 GW/h to power onshore green hydrogen plants.
The developer Cerulean Winds said it had undertaken the necessary infrastructure planning for the scheme to ensure the required level of project readiness, targetting financial close early next year. Construction would start soon after that, with the development planned to start operations in 2024 and have the capacity to abate 20 million tonnes of CO ....

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Energy developer wants to install 200 offshore wind turbines and create Sullom Voe hydrogen plant

Cerulean Winds’ proposal would help to decarbonise oil platforms and produce hydrogen in Shetland – “kick-starting” ORION clean energy project ....

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