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Sept. 11 (splash247.com) Sumitomo Heavy Industries and Albatross Technology have formed a capital and business alliance to speed up the development of floating axis wind turbines (FAWTs), with the partners preparing to move from small-scale testing to a 2MW-class offshore demonstrator. The cooperation will cover turbine design, production, installation, and maintenance, and the partners will... Continue Reading →
Sept. 11 (OE) Eni Ghana and Vitol have signed two memoranda of understanding (MoUs) with Ghana's government covering two offshore blocks in the Tano Basin, paving the way for the parties to finalize petroleum agreements. The MoUs cover blocks GH WB 3 and GH WB 8, which span about 2,100 square kilometers in water depths... Continue Reading →
Sept. 10 - ANP (National Agency of Petroleum, Natural Gas and Biofuels) announced that bp has begun drilling the first well in the Tupinambá block, located in the pre-salt area of the Santos Basin. Drilling operations commenced on September 8, four days after Ibama issued the license authorizing an exploratory campaign of up to three... Continue Reading →
Sept. 11 (OE) SED Energy Holdings and Ventura Offshore have signed a letter of intent for an all-share combination that would create an energy services group with about $1.3 billion in contracted revenue backlog and an implied pro forma equity value of approximately $1 billion. Under the proposed transaction, SED Energy Holdings would acquire 100%... Continue Reading →
Sept. 10 (oilnow.gy) ExxonMobil is working with the Guyana environmental regulator to advance the Longtail development, with the project expected to introduce non-associated gas and condensate production to the country’s offshore portfolio around 2030. Country President Alistair Routledge disclosed the progress during the Energy Perspectives podcast episode released on September 7. He said the company... Continue Reading →
Sept. 10 (oilprice.com) The oil and gas supply shock amid the Middle East conflict has accelerated cumulative global investments in clean hydrogen to above $130 billion across more than 570 projects, as energy security has become a key driver of uptake alongside industrial growth and decarbonization targets, the Hydrogen Council said in a new report... Continue Reading →
Sept. 10 (offshoreWIND.biz) Scotland's Highlands and Islands Enterprise (HIE) has approved more than GBP 778,000 in Scottish Government funding for plans to produce floating offshore wind foundations at Port of Ardersier. The funding will support an 18-month front-end engineering design (FEED) study led by the France based company BW Ideol, a subsidiary of BW Ideol... Continue Reading →
Sept. 10 (OE) TotalEnergies has made a new oil discovery at Acacia-5 in Angola's Block 17 and expects to bring it into production just three months after the June 2026 discovery, while expanding its exploration portfolio with operated interests in two additional offshore blocks. The Acacia-5 development will use available capacity on the Pazflor FPSO... Continue Reading →
Sept. 9 (OE) ExxonMobil has made a new hydrocarbon discovery at the Vicango East-01 exploration well in Angola’s offshore Block 15, marking the third discovery in the prolific block in the past four years. The well encountered about 25 metres (82 feet) of high-quality, hydrocarbon-bearing sandstone with porosity of 22%, Angola’s National Oil, Gas and... Continue Reading →
Sept. 9 (oilnow.gy) ExxonMobil Guyana’s Hammerhead development is progressing on several fronts, with drilling, subsea equipment manufacturing and construction of the project’s floating production, storage and offloading (FPSO) facility underway. During a recent episode of the Energy Perspectives podcast released September 7, ExxonMobil Guyana President Alistair Routledge provided the update, noting that the US$6.8 billion... Continue Reading →
Brazil Energy Insight 