Global Offshore Drilling Market 2020-2024: Market is Poised to Grow by $11.34 Billion – ResearchAndMarkets.com – Business Wire

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DUBLIN--(BUSINESS WIRE)--The "Global Offshore Drilling Market 2020-2024" report has been added to ResearchAndMarkets.com's offering.

The offshore drilling market is poised to grow by $ 11.34 bn during 2020-2024 progressing at a CAGR of 6% during the forecast period.

The report on the offshore drilling market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the growth in demand for oil and natural gas, rise in deepwater and ultra-deepwater E&P activities and increase in global offshore rig count. In addition, growth in demand for oil and natural gas is anticipated to boost the growth of the market as well.

This study identifies the seizing of funding for E&P activities by World Bank as one of the prime reasons driving the offshore drilling market growth during the next few years. Also, declining costs of offshore projects and emergence of next-generation automated drilling rigs will lead to sizable demand in the market.

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading offshore drilling market vendors that include Baker Hughes Co., China Oilfield Services Ltd., Halliburton Co., KCA Deutag Alpha Ltd., National Oilwell Varco Inc., Schlumberger Ltd., The Drilling Co. of 1972 AS, Transocean Ltd., Valaris Plc, and Weatherford International Plc.

Also, the offshore drilling market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.

Key Topics Covered:

Executive Summary

Market Landscape

Market Sizing

Five Forces Analysis

Market Segmentation by Application

Customer landscape

Geographic Landscape

Vendor Landscape

Vendor Analysis

Appendix

For more information about this report visit https://www.researchandmarkets.com/r/g314mt

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Global Offshore Drilling Market 2020-2024: Market is Poised to Grow by $11.34 Billion - ResearchAndMarkets.com - Business Wire

Scorpio Bulkers is Selling Off its Fleet and Shifting to Offshore Wind – The Maritime Executive

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Illustration courtesy Scorpio Bulkers

By The Maritime Executive 10-28-2020 02:19:11

The NYSE-listed bulker owner Scorpio Bulkers is selling off its fleet and moving into the business of wind farm installation. It has been gradually disposing of its dry bulk vesselsfor several months, and it is closing in on a contract with DSME for the construction of its first wind turbine installation vessel (WTIV).

"The wind turbine installation vessel contract signing is now imminent, only days away. And shortly after that, we will be able to give more clarity on how fast we will be exiting the dry cargo business," said chairman and CEO Emaneule Lauro in an earnings call Tuesday.

The reason for the massive transition is market-driven, he said. The EU plans to spend $750 billion on post-COVID recovery, with a focus on green energy. The UK wants to install offshore wind at the rate of one turbine per day between now and 2030. And the U.S. market is primed to take off, though the timing is widely seen as contingent upon the outcome of the November election.

The next generation of offshore wind turbines will be far bigger, and a new generation of wind turbine installation vessels (WTIVs) will be required to build out future projects. That means a business opportunity for new market entrants with access to capital and maritime operations experience. "With this in mind, we decided to focus on installation and build those assets which are going to be required by the market starting 2024, maybe end 2023," Lauro said.

The wind business is attractive to Scorpio for traditional reasons -shareholder value and return on investment. The project pipeline is known; the government commitment is largely in place; and the financing is available. Compared to a dozen-oddKamsarmax bulkers, one high value WTIV is expected to bring "more predictable, higher and better-quality returns over multiple years . . . at comparatively low levels of leverage," according to managing director David Morant.

Scorpio's first new WTIV is planned for delivery in the first quarter of 2024, and its new business line would launch in parallel with the wind industry's accelerating expansion. This means that the first revenue from wind is three years away, and Scorpio is selling off its bulker fleet now. The reason for the early liquidation is signalling, the firm's management team said: it is sending a clear message to all stakeholders that Scorpio wants to do wind, and only wind. "It's not quite as extreme as Cortes burning his boats when he arrived in America, but it's somewhere along that theme," said president and director Robert Bugbee.

Bugbee sees the nascent American market as a natural development for U.S.-based Scorpio, and he expects that it "could well kick off very hard and fast depending on what happens in the U.S. election in a few days' time." If that does occurs, Scorpio could have an advantage as a pure-play wind vessel operator with the U.S. East Coast market in its backyard. "We won't go into detail about Jones Act compliant [solutions] except to say that we're fully confident that we will comply," said chief operating officer Cameron Mackey.

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Scorpio Bulkers is Selling Off its Fleet and Shifting to Offshore Wind - The Maritime Executive

Floating Foundations: The Future of Offshore Wind | Liskow & Lewis – JD Supra

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With recent increased investments in wind power, the development of floating offshore wind farms presents the potential to access areas previously unavailable. On floating offshore wind farms, a wind turbine is attached to a floating structure which is tethered to the sea floor, as opposed to the turbine being a fixed foundation in the sea. This allows the wind turbines to operate in deeper waters.[1]

There are four main floating foundation designs leading the market today. The spar buoy foundation design, which relies on gravity for stability, has a large ballast-stabilized spar. This design is utilized at the worlds first commercial floating wind farm, Hywind Scotland.

Another favored design is the semi-submersible platform, which relies on buoyancy for stability. A 2019 analysis of upcoming projects in the floating offshore wind market showed a vast majority of floating offshore wind farms will be installed on semi-submersible platforms.[2] The two other main designs are the tension-leg platform, which relies on a taut mooring system to provide stability, and a square barge with a damping pool to maintain stability. The type of platform used matters for two reasons. First, developers want a design that is inexpensive to build. Second, the platforms design determines the depths that can be accessed.

The floating offshore wind market has several advantages, whether it is the availability of untapped energy resources or the additional opportunities for energy companies to participate in the renewable energy sector. The ability to operate in deeper waters allows floating turbines to potentially access the approximately sixty percent of available offshore wind resource in the U.S. that cannot be accessed by fixed-bottom foundation turbines.[3] Also, aside from giving Europes oil majors another avenue to help strengthen their position in the renewables sector, floating offshore wind offers an opportunity for less established energy companies and countries to participate in the emerging renewable energy market.

Equinor was the first company to build a commercial-scale floating wind farm, Hywind Scotland, and recently began construction on another floating wind farm in Norway, Hywind Tampen, which is said to be the worlds largest floating offshore wind farm.[4] Royal Dutch Shell increased its presence in the area through its acquisition of floating wind specialist, Eolfi, in November 2019.[5] Total entered the market in March of this year, and earlier this month procured a twenty percent stake in the Mediterranean Eolmed project. Through these types of acquisitions, oil majors are able to enter and compete in this emerging market.

With many floating offshore wind projects in development, we will likely see more oil majors investing in the area as they seek different ways to reduce their carbon emissions.

[1] https://www.greentechmedia.com/articles/read/so-what-exactly-floating-offshore-wind

[2]https://www.greentechmedia.com/articles/read/semi-submersible-technology-takes-commanding-early-lead-in-floating-offshor

[3] https://www.greentechmedia.com/articles/read/so-what-exactly-floating-offshore-wind

[4]https://www.offshorewind.biz/2020/10/01/construction-starts-on-worlds-largest-floating-offshore-wind-farm/

[5] https://www.shell.com/energy-and-innovation/new-energies/new-energies-media-releases/shell-agrees-to-acquire-eolfi.html

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Floating Foundations: The Future of Offshore Wind | Liskow & Lewis - JD Supra

Offshore Gas Pipeline Market Expected to Witness High Growth over the Forecast Period 2020 2025 | Fugro, Atteris, Sapura, Subsea 7 – Global Analytics…

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A comprehensive report on Offshore Gas Pipeline Market was published by CMFE Insights to understand the complete setup of Offshore Gas Pipeline Market industries. Effective qualitative and quantitative analysis techniques have been used to examine the data accurately. Variable factors that comprise basis for a successful business, such as vendors, sellers, as well as investors are analysed in the report. It focuses on size and framework of global Offshore Gas Pipeline Market sectors to understand the existing structure of several industries. Challenges faced by the industries and approaches adopted by them to overcome those threats has been included. This research report is helpful for both established businesses as well as start-ups in the market. Furthermore, the report is ideally and characteristically punctuated with illustrative presentation. Researchers of this report provide a detailed investigation of the historical records, current statistics, and future predictions.

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Offshore Gas Pipeline Market Expected to Witness High Growth over the Forecast Period 2020 2025 | Fugro, Atteris, Sapura, Subsea 7 - Global Analytics...

Climate crisis: Scotland announces target to power 8 million homes by offshore wind over next 10 years – The Independent

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The Scottish government has set an ambitious new target to increase its offshore wind capacity to power more than eight million homes.

The plan will see hundreds of new wind turbines installed off the Scottish coast, and increase existing offshore capacity to 11 gigawatts (GW) by the end of the decade.-

In addition to providing clean energy and helping the country hit net-zero emissions, the target will drive a green recovery from the impact of the coronavirus pandemic, with greater investment in the sector creating more jobs, the Scottish government said.

The capacity of Scotland's offshore wind production is currently 1GW and there are already developments underway to bring this up to 5.6GW.

Scotlands energy minister, Paul Wheelhouse, said the plan marked a pivotal moment for the expansion of Scotlands offshore operations.

He said: Our seas are host to some of the best offshore wind resources in the world, and our ambition to capitalise on our offshore wind generation capacity is part of the bold action we are taking to support economic recovery and become a net-zero society.

The Scottish government is determined to drive a green economic recovery with investment in renewable energy at the heart of it. We want to harness Scotlands enviable wind resource for our energy system and unlock significant investment in the supply chain to create more green jobs across the sector.

In a ministerial foreword to the plans, Mr Wheelhouse wrote: The targets represent a huge shift away from established norms, and the way in which we live and work.

The target comes after UK prime minister Borish Johnson told the Conservative Party conference earlier this month he wanted to make the UK the Saudi Arabia of wind, and said the sector would provide hundreds of thousands, if not millions, of jobs.

We believe that in 10 years time, offshore wind will be powering every home in the country, with our target rising from 30 gigawatts to 40 gigawatts, he said.

Ben Miller, senior policy manager at Scottish Renewables, said the ambition set out by the Scottish government was a milestone moment, but warned there is much work to do, to hit the target, and expressed disappointment not all the recommendations in a draft plan for offshore expansion were included in the governments announcement.

He said: If we are to deliver on those stretching climate targets its imperative that we use every tool in our armoury and continue to work together to find creative solutions to the further deployment of the cheap, popular renewable energy technologies which are already delivering environmental and economic benefits across Scotland."

WWF Scotland called on Mr Johnsons administration to work closely with the Scottish government to make sure the investment in wind benefits local people economically.

Fabrice Leveque, head of policy at WWF Scotland said: Offshore wind is already powering hundreds of thousands of Scottish homes and this new plan will help grow an industry thats vital to reach net-zero climate emissions by 2045.

Each project creates hundreds of jobs and can help put Scotland on a path to a green recovery. In order to ensure local communities and businesses benefit, its imperative the UK and Scottish Governments work closely together to ensure as much work as possible goes to local supply chains.

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Climate crisis: Scotland announces target to power 8 million homes by offshore wind over next 10 years - The Independent

Ferrovial to construct DemoSATH floating offshore wind platform – Offshore Oil and Gas Magazine

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(Courtesy Saitec Offshore Technologies)

Offshore staff

BILBAO, Spain Saitec Offshore Technologies and RWE Renewables have selected Ferrovial to manufacture and assemble the SATH floating platform in the DemoSATH project.

The construction package is expected to last 14 months and covers site preparation, concrete precasting, procurement of steel bulkheads, and assembly of the floater along with management of the supply chain.

The DemoSATH project will deploy the first multi-megawatt floating offshore wind turbine connected to the Spanish grid.

The SATH Technology floater is based on a twin hull, made of modularly prefabricated and subsequently braced concrete elements. According to Saitec, it can align itself around a single point of mooring depending to the wind and wave direction.

For the prototype, the structure and the 2-MW wind turbine will be assembled in the port of Bilbao. The base of the structure will be about 30 m (98 ft) wide and 64 m (210 ft) long. The platform, including the turbine, will be towed to its anchorage point in a test field (BIMEP) 3 km (2 mi) off the coast at a depth of 85 m (279 ft). Hybrid mooring lines, composed by chains and fiber, anchored to the seabed will hold the floating body in position.

The unit is expected to go into operation early 2022. The power generated by DemoSATH is expected to provide enough annual electricity to meet the power needs for 2,000 homes and prevent emissions of more than 5,100 tons of CO2 into the atmosphere.

The objective of the project is to collect data and gain real-life knowledge from the construction, operation, and maintenance of the unit, according to Saitec. It will test the offshore behavior of the platform in addition to the construction procedure to be used in future for mass production.

The technology will also demonstrate its capacity as a local content enabler, largely due to the use of concrete as main construction material. The project will spend 90% of its construction budget with the local supply chain (less than 50 km away from the site).

10/28/2020

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Ferrovial to construct DemoSATH floating offshore wind platform - Offshore Oil and Gas Magazine

Global Offshore Oil and Gas Communications Market 2020-2026 | Covering Products, Financial Information, Developments by ABB Ltd., Baker Hughes…

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The most likely scenario is that the global Offshore Oil and Gas Communications Market sales are going to be xx in 2020 from Offshore Oil and Gas Communications million in 2019, with a modification xx between 2019 and 2020. additionally, supported the most recent study, its to predict that the Covid-19 are going to be in restraint in key countries just like the u. s., Western Europe, East Asia. the world Offshore Oil and Gas Communications market size is predicted to grow at xx or additional annually for following 5 years.

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For the forecast period 2020-2026, the Offshore Oil and Gas Communications Market growth among segments give correct calculations and forecasts for sales by kind and by Application in terms of volume and worth. This analysis will assist you expand your business by targeting qualified niche markets. Regional analysis is another extremely comprehensive a part of the analysis and analysis study of the world Offshore Oil and Gas Communications market given within the report. This section sheds light-weight on the sales growth of various regional and country-level Offshore Oil and Gas Communications markets. For the historical and forecast amount 2020 to 2026, it provides elaborate and correct country-wise volume analysis and region-wise market size analysis of the world Offshore Oil and Gas Communications market.

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Major Market Players indulged in this report are:

ABB Ltd.Baker Hughes IncorporatedCommScope Inc.Rignet Inc.AT&T Inc.Redline Communications Inc.ITC Global Inc.Harris CapRock Communications Inc.Huawei Technologies Co. LtdSpeedCast International LimitedTait CommunicationsAirspan Networks Inc.ERF Wireless Inc.Alcatel Lucent S.A.

Offshore Oil and Gas Communications Market 2020 Segments by Product Types:

Cellular Communication NetworkVSAT Communication NetworkFiber Optic-based Communication NetworkMicrowave Communication Network

The Application of the World Offshore Oil and Gas Communications Market 2020-2026 as follows:

CommercialsDemostration

According to world Offshore Oil and Gas Communications marketing research, supported kind, applications. The Offshore Oil and Gas Communications section is predicted to account for the most important market share, and its conjointly projected to register the very best rate of growth. The report analyses the world Offshore Oil and Gas Communications market supported marketing as on-line and offline channels. Offline marketing is emerged because the major section attributable to increasing variety of retail stores globally, that area unit providing all sorts product looking on client preference. Moreover, the shoppers area unit shopping for the product from retail channels simply be choosing the product supported their selection.

Primary analysis entails telecom interviews with quite few business consultants on acceptance of appointment for conducting telecom interviews, causation questionnaires by e-mail interactions, and in some things face-to-face interactions for a further elaborate and unbiased analysis on the Offshore Oil and Gas Communications Market , for the duration of in quite few geographies. Interviews area unit generally administered on AN in progress study with Offshore Oil and Gas Communications trade consultants on the way to induce the foremost recent understandings of the market and demonstrate the prevailing analysis of the study. Primary interviews give data on obligatory factors like Offshore Oil and Gas Communications market developments, market size, competitive landscape, progress developments, outlook, then forth. These factors facilitate to demonstrate aboard reinforcing the secondary analysis findings and conjointly as facilitate to develop our skilled teams understanding of the Offshore Oil and Gas Communications market.

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Global Offshore Oil and Gas Communications Market 2020-2026 | Covering Products, Financial Information, Developments by ABB Ltd., Baker Hughes...

Northern California offshore transmission line could fast-track wind farms powering SF Bay – American Journal of Transportation

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Proposed floating wind farms off Northern Californias Humboldt Bay could generate power for the San Francisco Bay Area utilizing an underwater transmission line system extended over 250 miles and costing upwards of $3.1 billion, according to a Humboldt State University report.

The report was produced by the Schatz Energy Research Center at Humboldt State University, Arcata, California and is entitled California North Coast Offshore Wind Studies: Subsea Transmission Cable Conceptual Assessment.

The report said that routing a high voltage direct current (HVDC) transmission cable from the Humboldt Bay area to the San Francisco Bay (SF Bay) area would be intended to deliver power generated from an offshore wind farm(s) in the Humboldt area to load centers in the SF Bay area . The subsea distance between SF Bay and Humboldt Bay (250 miles) necessitates the use of an HVDC electrical system to minimize electrical losses. The HVDC cable system would consist of the cable system itself and an HVDC converter station at each end of the transmission cable (Humboldt Area and SF Bay Area) to convert the power to/from the standard alternating current (AC) grid system.

In July, Adam Stern, executive director of the Menlo Park, CA-based trade association, Offshore Wind California, told AJOT that progress has been made in the federal approval process conducted by the Bureau of Ocean Energy Management (BOEM) so that auctions of offshore wind sites, may begin in 2021.

Three prospective offshore sites are:

In total, 11 companies applied for leases in both Diablo Canyon and Morro Bay off the Central California coast, while 10 applied for spaces off of Humboldt Bay in Northern California, according to BOEM.

Stern noted, there is good transmission infrastructure at Morro Bay and at Diablo Canyon, but more limited transmission infrastructure at Humboldt Bay.

The new wind farms could create economic development for California and for ports supporting assembly and manufacturing, he said.

The floating offshore wind platforms planned in California would be fastened to the ocean floor with cables and float on the surface of the sea. This reflects a next generation of technology and is necessary since California coastal waters are too deep to handle traditional shallow draft wind turbines built into the sea bed that are planned for the U.S. East Coast.

Stern said there are 10 operational floating wind projects and 8 more due to be functioning by 2022. He observed that auctions for offshore California sites only accord the developer the right to build a windfarm. There is still the challenge of permitting, finance, construction and logistical support.

East Coast Offshore Transmission Line

Stern said a major challenge for wind turbine developers, who are currently developing wind farm projects on the U.S. East Coast, is linking power generated by wind farms offshore to land-based transmission systems.

The proposed Atlantic Wind Connection (AWC), in which Google was an investor, planned to address this issue by building an offshore transmission line so as to link windfarms planned off the coasts of states between New Jersey and Virginia and connect them to land-based transmission systems.

Stern believes the project was ten years ahead of its time. If built today, the AWC could create a new transmission system as a back-up to older transmission systems as well as streamline the grid and transmission delivery for windfarms being developed along the East Coast.

Stern said building an AWC-type system for California would create a new transmission system, replace older land-based systems and improve delivery of offshore windfarm power.

The Humboldt State University report describes how such an offshore transmission line could be built off the U.S. Pacific coast but also outlines the challenges that need to be addressed.

Hazards and Constraints

The report warns: The subsea study area between Humboldt Bay and SF Bay includes both natural and anthropogenic constraints and hazards with variable levels of risk. These hazards and constraints will require a combination of avoidance and mitigation measures to install a transmission cable between the two areas.

Risks due to hazards and constraints are the following:

Hazards: Deep subsea canyons extending from the nearshore area to depths below the continental shelf, where subsea landslides strong enough to rupture cables are common. Seismic fault line surface displacements which may be too large to mitigate for. Cable repairs may be required with a major seismic event. Some of the largest subsea sandwaves in the world are present outside the Golden Gate, which may preclude subsea transmission cable routing through the Golden Gate.

Constraints: Areas of exposed bedrock and other hard substrate are located within marine habitat areas where cable protection methods may be either expensive or not permitted by agencies. Potential interferences with or damage from fishing activities if the cable is not able to be buried or otherwise protected No power cables have been installed to the depths required to route offshore of the subsea canyons (over 9,000 feet deep), and proven cable technology has not yet been developed for installation at these depths. The offshore route will likely require crossing telecommunication cables in very deep water (5,000 feet or greater), which will require permissions from the existing operators. Though telecommunication cables crossings at these depths are common, power/telecommunication cable crossings at this depth do not appear to have previously been attempted.

Nearshore and Offshore Strategies

Based on the location and mitigation possibilities for the hazards and constraints, two potential cable corridors have been developed: a Nearshore corridor, an Offshore corridor. Both corridors have significant challenges that would need to be overcome to install and operate an HVDC link, though the challenges may not be insurmountable. Further analysis may be conducted to refine the severity of these risks and to develop possible mitigation strategies.

The construction cost of the system is estimated to be approximately $2.1 3.1 billion, depending on whether one or two cables are installed: It is likely that a single pole pair (one cable bundle) would be able to meet the rating requirements of 1,800 megawatts (MW). Installing two cables along different routes would provide redundancy for the transmission system in the case one cable incurs a fault or is damaged but would come at an additional cost of approximately $1 billion. Should multiple transmission cables be required to support transmission of multiple offshore windfarms (greater than 1800 megawatts), separation of cable routes should be considered to reduce risk of cable damage due to the hazards identified.

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Northern California offshore transmission line could fast-track wind farms powering SF Bay - American Journal of Transportation

Global Offshore ROV Market-With Geographic Segmentation, Statistical Forecast and Competitive Landscape Research upto 2026 – Eurowire

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Oct-2020 Updated Report: Final Report will add the analysis of the impact of COVID-19 on this industry.

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Observation ClassWork ClassIntervention/Inspection Class

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Drilling and Well Completion SupportConstruction SupportInspection, Repair, and Maintenance ServiceRemote Subsea Intervention Tooling Design and BuildSubsea Engineering Services

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The Primary Objectives of Offshore ROV Market Research Report Are As Follows:

The top-down and bottom-up approach is implied to study the Offshore ROV Market statistics and analytical details. The data is presented in the form of graphs, tables, and figures to provide ease of understanding. The SWOT analysis, investment return analysis and mergers & acquisitions in Offshore ROV Industry are stated. The changes in business structure, plans & policies and emerging players are analysed in detail. This report will be useful for all market participants and business consultants to understand Offshore ROV market trends, growth drivers and challenges.

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BP hints at near future moves into offshore wind and hydrogen – RenewEconomy

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British oil and gas supermajor BP has been making significant headway into the renewable and alternative energy space, and this week the company hinted at further such expansion with plans for the short- and long-term to explore moves in to both offshore wind and hydrogen.

In comments made during the companys third-quarter results call, BPs CEO, Bernard Looney, offered up some hints of the companys future direction.

During the call, Looney highlighted many of the renewable projects the company is already involved in around the world. Two major announcements were highlighted, including the July signing of a Memorandum of Understanding (MoU) with leading solar project developer JinkoPower Technology to provide integrated decarbonized energy solutions and services to customers, further supporting Chinas aim of reaching 50% of power generation from non-fossil fuels by 2030.

Additionally, Looney highlighted a September strategic partnership with American technology giant Microsoft to develop new technology innovations and digital solutions to help meet their sustainability aims, including reducing energy use and carbon emissions.

Despite its long history as a major carbon emissions polluter, BP has nevertheless been demonstrating the need for the past to be left in the past, and focusing on the future. In February, the company announced an ambitious plan to become a net zero company by 2050 or sooner, and to help the world get to net zero. Since then, BP has been putting its money where its mouth is.

In August, BP announced plans to transition the company into an integrated energy company with plans to increase low-carbon investment 10-fold and build out a 50GW renewable generating capacity by 2030.

BP has been an international oil company for over a century defined by two core commodities produced by two core businesses,said Helge Lund, BPs Chairman, speaking in August.

Now we are pivoting to become an integrated energy company from IOC to IEC.From a company driven by the production of resources to one that thats focused on delivering energy solutions for customers.

Energy markets are fundamentally changing, shifting towards low carbon, driven by societal expectations, technology and changes in consumer preferences. And in these transforming markets, bp can compete and create value, based on our skills, experience and relationships, he said.

We are confident that the decisions we have taken and the strategy we are setting out today are right for bp, for our shareholders, and for wider society.

BP announced that it would immediately move to increase its investments in low carbon technologies 10-fold to around $US5 billion per year by 2030, preceded by an 8-fold increase by 2025. The company will seek to build out an integrated portfolio of low carbon technologies such as renewable energy, bioenergy, as well as early positions in hydrogen and CCUS (Carbon Capture, Utilisation, and Storage).

The first hints of this redirection for BP came in the companys third-quarter earnings call with reporters.

Highlighting the companys September signing of a strategic partnership with Equinor to enter the US offshore wind market, BP CEO Looney explained that the company will probably bid on offshore wind license rounds in the next six months.

According to Looney, Equinor has already submitted bids in the New York second round offshore wind round, in which the state is accepting proposals for up to 2.5GW of offshore wind.

Looney also added that the company has a net pipeline of low-carbon buildout of around 10GW, and options on another 21GW. As such, BP is confident it will be able to hit its target of 20GW low carbon capacity by 2025, as revealed by BP executive vice president Dev Sanyal in September.

In responding to a question about the companys plans regarding hydrogen, Looney spoke about a recent trip to Germany in which he met with people from German automotive giant Daimler, as well as people in the German government, all of whom are focusing on the important role hydrogen will have for the German economy.

Looney has said that Germany is setting up agreements to become a hydrogen importing country with Australia as well as countries in the Middle East.

As for BP, Looney explained that hydrogen is a core part of what we believe in for the future but that hydrogen will emerge as a BP business post-2030 rather than anytime soon.

When it does get around to incorporating hydrogen as a major component of the companys business, BP will look to be supplying hydrogen to heavy industry and for power, and will incorporate a mixture of green hydrogen, made from renewables, and blue hydrogen, made from natural gas.

However, even though hydrogen is a longer-term goal for BP, Looney explained that the company is already looking at a green hydrogen project in Lingen in Germany which would supply one of the companys German refineries.

BP also expects hydrogen to be the fuel of choice for heavy duty transport over the medium term, a role it will therefore explore further.

According to Looney, we believe in hydrogen, but its not going to be a material part of BP in the next 3 years or 4 years, but it could easily be a material part and I expect it will be in the period 2030 plus and will incorporate a mixture of heavy industry and power, as well as heavy duty transport. Looney also promised more information about its hydrogen ambitions in the coming months, and certainly as we head into 2021.

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BP hints at near future moves into offshore wind and hydrogen - RenewEconomy

Offshore wind guide to recruit diverse workforce – reNEWS

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The Offshore Wind Industry Council (OWIC) has published a best practice guideto improve the recruitment of women and people from black and minority ethnic (BAME) groups.

The document "Addressing Gender and Ethnicity in the Offshore Wind Sector" aims to work towards a more diverse workforce by suggestingways to widen the job recruitment process, removing any bias from job descriptions and introducing diverse interview panels.

It also outlines how to create a welcoming and fully inclusive working environment for people from all backgrounds, how to retain staff and ensure they are encouraged to progress to senior positions.

A variety of case studies show how companies in the UK offshore wind sector are already doing this, as examples of best practice.

The industry has committed to increasing the proportion of women employed in the offshore wind sector from 16% in 2018to at least one-third by 2030 and to reach a stretch target of 40% if possible.

In March, the industry announced a BAME target of 9% by 2030 with a stretch target of 12%.

This compares to current BAME representation of 5% in the workforce of the energy sector overall.

Equinors principal consultant on asset management Carol Williams, who worked on the guide, said: "This is an important step forward for our industry as it provides a blueprint for us to reach our goal of being more inclusive as our workforce continues to expand rapidly over the course of this decade.

"We know that to hit the Government's 40GW offshore wind target by 2030 we will have to employ the best people from the widest, most diverse pool of talent available.

"It's important to us that our industry reflects modern British society in a truly representative way and this guide provides a roadmap for us to achieve that."

The Offshore Wind Sector Deal people & skills director Celia Anderson added: "The guide has been developed by the offshore wind industry to be readily accessible to any company operating in our sector, irrespective of its size or the nature of the work it undertakes.

"The aim is to create a more inclusive culture by challenging preconceived ideas about gender and ethnicity, so that we can attract the people we need.

"This is an industry which understands the need to take proactive steps to achieve positive change."

In addition, a new scoping study from the Supergen Offshore Renewable Energy hub has foundthatonly 5% of senior engineering roles are held by women.

Furthermore,7.8% of professional engineers are from Black Asian and Minority Ethnic (BAME) backgrounds.

See the article here:

Offshore wind guide to recruit diverse workforce - reNEWS

Icebreaker offshore wind project faces more obstacles – Crain’s Cleveland Business

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Just two weeks after overcoming a major state regulatory hurdle, a federal judge in the District of Columbia levied yet another setback for a plan by the Lake Erie Energy Development Corp. (LEEDCo) to build the region's first offshore wind farm on Lake Erie.

A U.S. District Judge on Tuesday, Oct. 20, ruled in favor of opponents of LEEDCo's Icebreaker project, granting a stay that prohibits the U.S. Department of Energy from dispersing more than $40 million for the construction of six turbines about 8 miles off the coastline of downtown Cleveland.

The ruling by Judge Timothy Kelly, who was appointed by President Donald Trump, stems from two bird conservancy organizations claiming "alleged harms from the presence and operation of the wind turbines," which, according to the court filings, "could harm birds, which, in turn, will allegedly impact the recreational interests of Plaintiffs' members."

American Bird Conservancy (ABC) and Black Swamp Bird Observatory (BSBO) filed suit last year in federal court against the DOE, not LEEDCo, arguing the government has not properly regulated the environmental impacts associated with what the groups said is "a precedent-setting wind energy facility."

The Icebreaker project, the court documents claim, needs more stringent environmental assessment because it's the first project of its kind and will set the standard for wind energy development in the Great Lakes.

The $126 million project, proposed in 2009 as the first offshore wind facility in the Great Lakes and the first freshwater wind farm in North America, already has undergone a nearly three-year process of environmental assessment by the U.S. Environmental Protection Agency, according to David Karpinski, vice president of operations for LEEDCo.

"We have a vision, but we do not have any other projects planned right now," Karpinski said.

Last week's ruling, which holds up federal funds at least until Jan. 13, 2021, does not have an immediate impact on the project but is part of a pattern of delays that have stretched out the original timeline, he said.

"It is an issue that has to be resolved. The challenge process has to play out," Karpinski said.

The Oct. 20 ruling comes on the heels of a dispute that began in May between LEEDCo and the Ohio Power Siting Board (OPSB) over a proposed "feathering condition" that would only allow regulatory permitting if the project's turbines were shut down from sunset to sunrise, in a period from March 1 to Nov. 1, to protect migratory birds and bats.

OPSB's initial feathering decision, Karpinski said, was a huge blow to the project momentum and is one of the latest in series of "regulatory" setbacks that supporters say is designed to delay and ultimately halt the project altogether.

"This has to be the most contested generation project I have ever seen," state Sen. Sandra Williams, D-Cleveland, said of the project, which OPSB has been reviewing over the past five years. "In all my time working with this board, there has never been this much controversy over a generation project."

Williams is a nonvoting member of the 11-person board charged with regulating major utility facilities in the state.

After the feathering amendment was added to the Icebreaker project agreement, Williams and 31 other state and local politicians wrote a letter to OPSB chairman Sam Randazzo, who also chairs the Public Utilities Commission of Ohio (PUCO), pushing back on "the poison pill" regulation.

In the letter, Williams claims Randazzo, an attorney who has litigated against renewable energy standards, "knew full well that keeping Project Icebreaker's turbines motionless for a third of each year would rob it of revenue to repay its construction loan and render it financially unfeasible. From where I sit, the inclusion of this shutdown order had less to do with killing birds and more to do with killing this project."

After intense pressure from wind farm supporters, the OPSB on Oct. 8 voted to accept a motion by board member and Ohio Department of Natural Resources (ODNR) director Mary Mertz to eliminate the feathering provision.

The move allows the project to go forward, pending an appeal by local opponents, but the delay and continued uncertainty is consequential, Karpinski said.

"You do not just flip the switch and get it back up and running," he said of the project.

In addition to the ongoing federal court matter, opponents, including two Bratenahl residents who had been represented by attorneys bankrolled by Ohio coal producer Murray Energy Corp., have until the beginning of November to appeal the OPSB ruling. Then, depending on that outcome, those same opponents would have a right to take up the issue directly with the Ohio Supreme Court within 60 days.

Even if everything goes LEEDCo's way, that translates into a delay of 12 to 18 months before a case would be heard, Karpinski said.

John F. Stock, an attorney who represented the Bratenahl residents and other anti-wind groups, did not respond to questions from Crain's regarding a possible appeal to the OPSB decision.

"Until we know, we are in a holding pattern," Karpinski said.

David Wondolowski, executive secretary of the Cleveland Building and Construction Trade Council, which is supporting the project and plans to be part of the eventual construction, is concerned the constant pushback of the project's timeline and intense regulation could have a chilling effect on putting together the financing the project needs.

"It makes investors leery about their return on investment," Wondolowski said.

Even as Icebreaker has high-level support (and funding) from backers that include the city of Cleveland, Cuyahoga County, all the regional port authorities, trade unions, the Cleveland Foundation and Case Western Reserve University, the OPSB supersedes local rule.

"One of the questions is how do you build with a shutdown option possibly pending?" Wondolowski said.

The project, if it moves forward, is estimated to produce 20 megawatts of clean power, create more than 500 jobs and provide $250 million in economic benefits for the region. Supporters including William Friedman, Port of Cleveland president and CEO and a LEEDCo board member are concerned about losing the advantage of being the first project of this type in the region.

"It is a very, very long process," Friedman said, referring to the regulatory procedure. "What I do worry about is that the market landscape is changing, and the lead we had will start to erode as other states are moving ahead with renewable energy."

Williams echoed those concerns: "These investors are not going to continue to throw money at this project. They might cut their losses."

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Icebreaker offshore wind project faces more obstacles - Crain's Cleveland Business

More than 150 MMbbl in prospect close to Yumna offshore Oman – Offshore Oil and Gas Magazine

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(Courtesy Rex International Holding)

Offshore staff

SINGAPORE Rex International Holding has issued the findings of a report by RPS Energy Consultants on block 50 offshore Oman.

This estimates 2P reserves at the producing Yumna field at 9.6 MMbbl as of July 1, 2020.

Surrounding areas, however, could contain more than 152 MMbbl in 14 further prospects identified by a 1,500-sq km (579-sq mi) 3D seismic survey over the area around Yumna.

In February 2012, a report by Aker Geo and Pareto Asia over the entire block had calculated gross unrisked prospective resources at more than 4 Bbbl.

Rexs 86.37%-owned subsidiary, Masirah Oil operates block 50 with a 100% interest.

Dan Brostrm, Rexs executive chairman, said: The Yumna field is only a small part of the entire block 50 concession, which is about 17,000 sq km [6,564 sq mi] the licenses full potential, including in the sub-Melange area outside of the Yumna field, has not been evaluated in this [RPS] report.

For economies of scale, our short-term focus would be to drill the Yumna 2 production well and most likely the Yumna 3 well near the current producing Yumna 1 well and select the location of the next exploration well to be drilled in 2021, from the 14 identified prospects near the Yumna field.

If successful, another discovery will enable us to develop the prospective resources into reserves.

10/28/2020

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More than 150 MMbbl in prospect close to Yumna offshore Oman - Offshore Oil and Gas Magazine

Powerful offshore winds hit northern and southern California – KSBY San Luis Obispo News

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A trough off to our east has set up a strong offshore wind across the state, this wind is strongest where higher elevations are present. Northern and southern California have both experienced wind gusts in excess of 75mph. A few isolated spots winds were in the 100mph range.

The event does linger into Tuesday but not as strong as this initial push.

Locally northeasterly (offshore) winds continue during the morning, shifting out of the northwest during the afternoon. This outlook lasts most of the week. The winds will clear out the low clouds which we saw plenty of over the weekend.Onshore winds return Friday and will continue through Sunday. These winds coming from the Pacific will allow the marine layer to redevelop along the coastline with night and morning mist and fog. Away from the coastline, temperatures will gradually warm.

Models are still not optimistic about rainfall.

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Powerful offshore winds hit northern and southern California - KSBY San Luis Obispo News

Offshore Windfarm development boosted by 2 million research – GOV.UK

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In a move that could significantly boost the UKs renewable energy growth, contracts have been awarded to Thales, QinetiQ, Saab, TWI and Plextek DTS to fast-track their ideas for technologies that could mitigate the impact of windfarms on the UKs air defence radar system.

By guaranteeing essential defence communications are not affected, more wind farms can be built, creating a greener and more technologically sustainable Britain in record time.

The MODs Defence and Security Accelerator (DASA) is spearheading the innovation competition on behalf of the Department for Business, Energy and Industrial Strategy (BEIS), the Royal Air Force (RAF), and the Defence Science and Technology Laboratory (Dstl).

We want more offshore wind farms to help deliver our ambitious environmental agenda while retaining the protection that radar provides.

This is a great step forward in achieving this goal and shows Defences determination to support sustainability and deliver our green goals for Britain.

The innovation contracts are part of the MODs commitment to the Governments 2019 Offshore Wind Sector Deal, which expects wind power to fuel 30 percent of the UKs electricity need by 2030.

The continued growth of offshore wind is a national success story and this funding will ensure we continue to build bigger and more advanced projects vital to tackling climate change.

The UKs innovative spirit is second to none, which is why we are drawing from all areas of the countrys expertise to drive forward our incredible renewable energy fleet.

DASA launched the Windfarm Mitigation for UK Air Defence competition in March, to find innovative solutions that lessen the impact off-shore wind turbines could have on military and civilian radar systems.

This is a positive first step in getting cutting-edge innovation off the ground to harness the best technology from the brightest minds in the country.

We are committed to keeping the skies above the UK safe from aerial threats whilst accelerating crucial work to allow the nation to do more to combat climate change.

The successful bidders in DASAs competition offered wide-ranging and complex ideas to tackle radar interference.

Thales, in collaboration with the University of Birmingham and SMEs, will develop surveillance to mitigate windfarm clutter, whereas Saab is developing a radar mitigation system using Artificial Intelligence and Doppler filtering.

QinetiQ is developing two proposals the first approach uses new materials to stop the radar from being distorted. Their second proposal will develop radar-absorbing materials that can be put on off-shore wind turbines to limit interference.

TWI will develop novel methods for creating conductive coating for turbine blades that adsorb radar in partnership with the University of Exeters Centre for Metamaterial Research and Innovation.Finally, Plextek DTS is developing techniques to remove the effects windfarms have on radar data.

Crucial innovation like this is vital if we are to meet our renewable energy targets.

This competition will not only help us meet our green energy needs but it will also help boost UK prosperity, entrepreneurs and innovators by investing in their potentially game-changing technology.

DASA is proud to be working closely with BEIS, the RAF and Dstl to lead this important work which could transform the UKs approach to offshore wind power generation.

The UK is investing more in offshore wind than any other country and is home to the worlds largest windfarms: Walney and Hornsea 1 in the North Sea.

Walney wind farm generates power for more than 600,000 homes across Cumbria, while the impressive Hornsea 1 supports power for over one million households across the UK.

Offshore wind will play a key role in delivering net-zero emissions by 2050, with a Government commitment to scale it up to 40GW by the end of the decade.

BEIS has already invested 1.3 million into the Offshore Wind Innovation Hub and the Knowledge Transfer Network to encourage industry to come up with ways to accelerate wind farm development.

This would mean a huge increase in the number of wind farms being built off the UKs shores, needing effective connection to the grid.

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Offshore Windfarm development boosted by 2 million research - GOV.UK

Should you join the FIRE movement? Heres what’s involved in the intense saving lifestyle – Business Insider Australia

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Thinking of joining the FIRE movement?

FIRE is an acronym for Financial Independence, Retire Early and describes a lifestyle of frugal living, investing and intense saving in order to kick up your heels as early as your 30s or 40s.

According to Investopedia, the idea stemmed from the 1992 book Your Money or Your Life in the US, with the movement also generating a steady following in Australia.

There are websites like Aussie Firebug and FI Explorer where the bloggers detail their journey to financial independence.

Aussie Firebugs definition of Financial Independence is having assets that produce an income which you can live off.

It involves investing, whether thats in low-risk options like index funds or in shares and real estate. And it means growing your assets as early as you can and letting compound interest the 8th wonder of the world as per Albert Einstein work its magic.

Other elements of financial independence include saving around 25 times your annual expenses and only withdrawing small amounts of money around 3% to 4% a year.

The Retire Early aspect doesnt always mean hanging up your work boots altogether by the time youre in your 40s. For the Aussie Firebug, it means youre no longer chained to the rat race and are instead free to pursue what youre truly passionate about regardless of being paid.

One of the key elements of the FIRE lifestyle is to have your money work for you and not the other way around. Its designed to give you the freedom to spend your time and money how you would like to.

While some may see the elements of extreme saving as something that reduces the fun and leisure activities you have, Michelle Ives, founder of the blog That Girl On Fire, believes its about being smart and intentional with your finances.

The ideas in the FIRE movement can help you with budgeting, curbing your spending and getting control of your finances.

While you may develop a system for saving and investing, there could be unexpected expenses you get hit with down the track. Plus, your investments may not give you the best returns.

There are also debts you may have to take care of when going on this journey so its important to have a plan.

If you stop working cold turkey and retire, you may be left with questions around what to do with all the extra time you have. But if you decide to reenter the workforce later down the track, you may have to consider ways to retrain or upskill if needed.

Then theres the element of extreme saving which could affect the kind of life you want to live now. You may have to forgo some of the things you like, whether its a holiday trip or a new pair of shoes, for the kind of life you want in the future.

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Should you join the FIRE movement? Heres what's involved in the intense saving lifestyle - Business Insider Australia

More than a fifth of women have secretly saved money from a partner in case they wanted to separate, says Fidelity International – Wealth Adviser

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Over a fifth of women (22 per cent) have a secret savings fund to provide them with financial support should their relationship end or they choose to leave their partner, according to new research from Fidelity International, rising to more than a quarter (27 per cent) of women with children.

Nearly half (48 per cent) of women with a secret fund said they wanted to be prepared for any eventuality, while 44 per cent said they have always had separate savings from their partner and wanted to retain a sense of financial independence.

Data from the Office for National Statistics reveals that while families containing a married or civil partnered couple has decreased over the past 10 years, those choosing to co-habit (live together) has increased from 15.3 per cent to 18.4 per cent - equivalent to 3.5 million families as of 2019. This growing trend highlights the importance for women of feeling financially secure, particularly if they do not have a legal arrangement in place to support them if a relationship ends.Maike Currie, Investment Director at Fidelity International, says: When it comes to managing your money, being financially independent is one of the first steps to feeling financially empowered. Its so important, particularly considering the economic uncertainty we all face, that people have sufficient confidence in their finances to make decisions about all aspects of their lives.Ultimately, everyone should have a fall-back. This doesnt necessarily mean you want to run away from your partner, or that you are being secretive about your money. It does, however, mean you have the savings to make choices, whether thats leaving a failing relationship, resigning from a bad job or toxic company, or even a controlling parent. Its about having the means to make those choices. With more and more couples choosing to live together rather than marrying, ensuring financial independence is even more important to the younger generation.

The growing number of women putting aside money for the future - regardless of their relationship status - shows that taking control of your own money can do more than just allow women to have an income of their own; money can also offer a sense of freedom and provide an opportunity to change your personal circumstances if necessary.The motherhood penalty combined with the gender pay gap and can mean that womens personal finances suffer long into their retirement, compared to their male counterparts, with many facing a massive gender pension gap, as a result. According to research 50 per cent more women than men are heading towards retirement without any private pension savings. But there are steps that women can take to ensure that they are financially empowered - making sure they understand all of their households financial obligations and outgoings; establishing their own savings and investments; and exploring whether there are opportunities to maximise their workplace pension by increasing contributions.

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More than a fifth of women have secretly saved money from a partner in case they wanted to separate, says Fidelity International - Wealth Adviser

Nov 12 | How The Election Results Impact Your Wealth | Danbury, CT Patch – Patch.com

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How The Election Results Impact Your Wealth

Live Virtual Event Thursday, Nov 12th 6pm EST

The event is free but registration is required; register now at http://www.RebyAdvisors.com/2020Election

During this lively "Fireside Chat," Bob Reby and Brian Levitt will cover:

Register now at:www.RebyAdvisors.com/2020Election

About Brian Levitt

Brian Levitt is the Global Market Strategist, focusing on North America, for Invesco. He is responsible for the development and communication of the firms investment outlooks and insights. Mr. Levitt has two decades of investment experience in the asset management industry, starting in fixed income product management and then transitioning into the macro and investment strategy group in 2005.

Mr. Levitt earned a BA degree in economics from the University of Michigan and an MBA in finance and international business from Fordham University. He is frequently quoted in the press, including Barrons, Financial Times and The Wall Street Journal. He appears regularly on CNBC, Bloomberg and PBSs Nightly Business Report.

About Bob Reby

Bob founded Reby Advisors in 1985 with the mission of helping families achieve sustainable financial independence. The firm now manages more than half a billion dollars in client wealth and advises more than 500 families nationwide.

He has appeared on variety of media including CNN, CNBC, FOX-TV, Business Week, Fortune, Investors Business Daily, and many others.Bob is the author of Retire Without Worry and Wealth Redefined: Charting the Way to Personal and Financial Freedom.

About Reby Advisors

Reby Advisors is a financial planning firm committed to helping families achieve sustainable financial independence. The firm specializes in protecting money from taxes and risks, generating predictable streams of income for retirement, and developing investment strategies designed to fund clients' lifestyle goals. Founded in 1985, Reby Advisors now manages more than half a billion dollars in assets, advising 500+ families nationwide. Learn more at http://www.RebyAdvisors.com

Those interested in attending the November 12 virtual event can register:www.RebyAdvisors.com/2020Election

__________________________________

Securities offered through Triad Advisors. Member FINRA/SIPC. Advisory services offered through Reby Advisors. Reby Advisors not affiliated with Triad Advisors. Invesco and Triad Advisors are not affiliated. Brian Levitt and Triad Advisors are not affiliated.

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Nov 12 | How The Election Results Impact Your Wealth | Danbury, CT Patch - Patch.com

Foundation 99, Legacy Building through Financial Literacy for the 99% – Yahoo Finance

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Foundation 99, Legacy Building through Financial Literacy for the 99%

PR Newswire

AUSTIN, Texas, Oct. 27, 2020

AUSTIN, Texas, Oct. 27, 2020 /PRNewswire/ -- Foundation 99, a new 501(c)3 public charity announces its launch in Austin, Texas. Foundation 99 provides financial guidance to build economic security for the 99% by connecting individuals with financial coaches and tools they need to take care of their families.

Founded in 2019, with a mission to break the multi-generational cycle of poverty and lack of financial education that exists in disadvantaged and racially disparate communities, Foundation 99 focuses on bringing economic justice to help individuals break the spiraling cycle of financial illiteracy and distress.

Foundation 99 is a coaching-centered program that raises funds from donors who value financial wellness. It achieves its mission by partnering with school districts, municipalities, public agencies, and community organizations to deliver to their employees financial coaching and resources at no cost to them. Foundation 99's coaches work with willing employees to teach the value of money, how to stop destructive financial behaviors, and financial basics so they can break the cycle of poverty, close the racial wealth gap and have a chance at the American Dream.

Dr. Tony Smith, Board President, and John Pesce, CEO of Trusted Capital Group, a financial supporter for this vision, strongly believe that financial education is a game-changer. "Financial independence comes from understanding that free enterprise isn't free and knowing how to take action. Foundation 99 works to arm every person with the economic knowledge and support they need to care for themselves, their families, and their communities. Our goal is to achieve economic and racial justice," said Tony Smith.

Individuals can transition from surviving to thriving with access to financial education. "When we thought about how many Americans are financially undereducated due to a lack of access, we decided to fix the problem," stated John Pesce, "Foundation 99 provides a critical need for financial literacy to the 99%, providing resources that are powerful enough to break the cycle of economic inequality. The more individuals we impact the more we will strengthen our communities and start to close this racial divide."

Story continues

For information about Foundation 99 or bringing its financial education program to your organization visit our website: Foundation99.org.

View original content to download multimedia:http://www.prnewswire.com/news-releases/foundation-99-legacy-building-through-financial-literacy-for-the-99-301159475.html

SOURCE Foundation 99

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Foundation 99, Legacy Building through Financial Literacy for the 99% - Yahoo Finance

The National Center for Disability Entrepreneurship at The Viscardi Center Announces its First-Ever PitchFest Competition for Founders with…

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ALBERTSON, N.Y., Oct. 28, 2020 /PRNewswire/ -- The Viscardi Center, an internationally renowned, not-for-profit that provides a lifespan of programs and services that educate, employ and empower children and adults with disabilities, will host its first-ever National Center for Disability Entrepreneurship [NCDE] Virtual PitchFest Competition on Thursday, November 19, in observance of National Entrepreneurship Month. This exciting event features NCDE's 12 founders with disabilities from across the country battling it out, in front of a panel of exacting judges, while competing for thousands of dollars in equity-free cash grants and special prizes. The event's Keynote Speaker is Arlan Hamilton, Founder of Backstage Capital.

The NCDE PitchFest Competition is a product of the program's mission to empower innovative self-starters to achieve self-employment success. The NCDE equalizes access to the entrepreneurial landscape for founders with disabilities through its skills building curriculum, subject matter experts, mentorship opportunities, Accelerator Fund and the Competition which elevates awareness of their businesses in front of a live, virtual, interactive audience. The PitchFest takes place via WebEx on Thursday, November 19, 1:15pm-3:15pm, EST.To save your spot and learn more, please visit: https://www.viscardicenter.org/ncde-pitchfest

About The National Center for Disability Entrepreneurship

The National Center for Disability Entrepreneurship (NCDE) at The Viscardi Center empowers innovative self-starters to achieve self-employment success. Developed and led by a highly experienced team of subject matter experts and mentors, NCDE offers aspiring founders with disabilities from across the U.S. a free, virtual, fully accessible program, professional benefits assistance, opportunities to pitch their business, as well as receive equity-free cash grants from the NCDE Accelerator Fund. NCDE also actively seeks out partners to help build the first accessible entrepreneurial ecosystem and elevate entrepreneurship as a strategic pathway to financial independence for the disability community. To learn more, please visit: viscardicenter.org/ncde

About The Viscardi Center

Founded by Dr. Henry Viscardi, Jr., who served as disability advisor to eight U.S. Presidents and became one of the world's leading advocates, The Viscardi Center educates, employs and empowers people with disabilities. It provides Pre-K-12 education, school-to-work youth transition services, vocational training, career counseling and employment placement, and assistive technology to children, adolescents, and adults with a wide variety of disabilities. The Viscardi Center also assists businesses in advancing disability inclusive cultures in their workplaces. To learn more, please visit: viscardicenter.org

SOURCE The Viscardi Center

http://www.viscardicenter.org

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The National Center for Disability Entrepreneurship at The Viscardi Center Announces its First-Ever PitchFest Competition for Founders with...