Brought to you by Quest Offshore & Southern Cone Consultants
(Reuters) - Shell (SHEL.L) has pulled out of two offshore wind projects in the west of Ireland operated by Simply Blue Group a year after the British company acquired stakes in the developments. Shell and Simply Blue said in a joint statement on Saturday that Shell's withdrawal from the Western Star and Emerald projects was a "portfolio... Continue Reading →
(Mint) In a landmark development to diversify crude oil sourcing for energy security in India, Bharat Petroleum Corporation Limited (BPCL), a ‘Maharatna’ and a Fortune Global 500 Company on Saturday signed a Memorandum of Understanding (MoU) with Brazilian oil firm Petrobras. The signing of the MOU will strengthen future crude oil trade relations between the... Continue Reading →
50 out of the 114 Vestas V164-10.0 MW turbines have been installed at the 1.1 GW Seagreen offshore wind farm, Scotland’s largest and the world’s deepest fixed-bottom offshore wind farm. (OW) The wind turbines are being transported from Vestas’ turbine marshalling base at Able Seaton Port in Hartlepool and installed at the site by Cadeler’s... Continue Reading →
(Bloomberg) -- Next week’s elections in Brazil pose a challenge to Petrobras investors. Former President Luiz Inacio Lula da Silva, the front-runner, has vowed to use the company as a vehicle for national development. Incumbent Jair Bolsonaro, who’s fighting for a come-from-behind upset, is proposing the complete opposite, with plans to privatize the state-run giant.... Continue Reading →
- Petróleo Brasileiro S.A. – Petrobras, following up on the release disclosed on 07/11/22, informs that it has terminated the contract with SPE Kerui-Método, responsible for the works of the Natural Gas Processing Units (UPGN) of the Itaboraí Gaslub Cluster. As a result of this fact, and in order to minimize impacts on the entry... Continue Reading →
France-based clean hydrogen producer Lhyfe has launched the world’s first offshore renewable green hydrogen production demonstrator. The pilot was launched yesterday (Septmeber 22) in Saint-Nazaire, France, which will now begin an 18-month wind-powered pilot, as part its drive towards large-scale carbon reduction. It involves Lhyfe's new Sealhyfe 400 kg/day (1MW equivalent) green hydrogen producing electrolyser... Continue Reading →
Zenith Energy has made an offer to the Republic of Benin operate Block 1 containing the "largest and most prospective oilfield in the country". The shallow water block in the Gulf of Guinea contains the Sèmè oilfield, which was discovered in 1968 and produced for 14 years, but was shut-in in 1998. Now, Zenith is... Continue Reading →
Corio Generation has completed a geophysical survey at the site of its 450 MW offshore wind project in Ireland, after applying for Maritime Area Consent (MAC) in June this year with an aim to compete in Ireland’s first Offshore Renewable Electricity Support Scheme which opens in early 2023. The project is the Sceirde Rocks offshore... Continue Reading →
Floating wind developer Hexicon has appointed China's Mingyang as the preferred wind turbine generator (WTG) supplier for its TwinHub project in the Celtic Sea. Hexicon has also awarded the firm the WTG front end engineering and design (FEED) contract for the project. The 32MW project is expected to be commissioned and exporting clean power between... Continue Reading →
(Reuters) - Brazil's state-run oil company Petrobras (PETR4.SA) has spent much of 2022 in turmoil, cycling through four chief executives as President Jair Bolsonaro hammered the company to bring down fuel prices. Faced with that and the likely return of a left-wing government in next month's election, some investors have moved to the sidelines. But of seven... Continue Reading →
Brazil Energy Insight 