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The Chamber of Deputies approved, by 403 votes to 16, the bill (PL 11,247 of 2018) that regulates the use of offshore energy potential (at sea). The proposal to create the Offshore Wind Power Regulatory Framework now goes to the Senate for analysis. The approved text was the substitute presented by the rapporteur, deputy Zé... Continue Reading →
Crown Estate Scotland has confirmed that seven offshore wind projects have signed Exclusivity Agreements as part of the Innovation and Targeted Oil & Gas (INTOG) leasing round. The seven projects join the five Innovation projects that secured Exclusivity Agreements earlier this year, bringing the number of INTOG projects to 12 out of the 13 agreements... Continue Reading →
(epbr) The Chamber of Deputies approved the Hydrogen bill (PL 2308/2023), which regulates the production of low-carbon hydrogen, establishes voluntary certification and provides federal tax incentives. The proposal goes to the Senate. – The bill considers low-carbon hydrogen to be hydrogen that, during production, emits up to 4 kg of CO2 for every 1 kg... Continue Reading →
(Reuters) - Brazilian fuel distributor Vibra (VBBR3.SA) on Tuesday rejected the merger proposal it received from energy firm Eneva (ENEV3.SA), saying the exchange ratio of the offer was "unjustifiable," while leaving the door open for new offers. On Sunday, Eneva had sent an unsolicited offer to Vibra proposing a stock-for-stock merger of equals. Vibra said its board of directors... Continue Reading →
(OET) Italy’s engineering, drilling, and construction services provider Saipem has tucked under its belt two new offshore contracts worth approximately $1.9 billion for work with ExxonMobil’s subsidiary ExxonMobil Guyana Limited and Equinor. As a result, the Italian player will carry out operations for the U.S. oil major in Guyana while the assignment with the Norwegian state-owned... Continue Reading →
(Reuters) - Brazilian state-run firm Petrobras (PETR4.SA) has filed requests to Brazil's competition regulator Cade to renegotiate terms that stipulated the company must sell some of its oil refining and natural gas assets, the company said on Tuesday. The terms, signed by the company in mid-2019, were part of a broad initiative by the government of then-president... Continue Reading →
Germany's top utility RWE will raise investments in green energy technologies to 55 billion euros ($60.21 billion) over the next seven years, it said on Tuesday ahead of its capital markets day. "Thanks to our significant financial headroom, our attractive project pipeline and our extensive expertise, we are in an excellent position to continue to... Continue Reading →
Damen Shipyards Group has officially launched its latest vessel, a fully electric ServiceOperations Vessel (SOV), 70 metres x 17 metres. With its offshore charging capabilities, the vesselpaves the way for significantly reduced emissions in the maintenance of offshore wind farms.Creating a total solutionThree years ago, Damen set out to assess the feasibility of an electric... Continue Reading →
(OET) U.S. offshore engineering and construction player McDermott has been awarded a limited notice to proceed in regards to an engineering, procurement, construction, and installation (EPCI) contract from Shell Trinidad and Tobago Limited, a subsidiary of the UK-headquartered energy giant Shell, for a gas development project offshore Trinidad and Tobago. According to McDermott, this limited notice to... Continue Reading →
(OE) NOV has unveiled a new installation vessel concept design tailored specifically for the unique challenges of the emerging floating offshore wind sector. Floating wind farms are often farther offshore, in deeper waters and in harsher environments, therefore requiring new and robust installation strategies. According to NOV, its new floating wind installation vessel (FWIV) concept—part... Continue Reading →
Brazil Energy Insight 