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(TN) The ANP held yesterday (13/12) the public auctions of the 4th Cycle of the Permanent Concession Offer (OPC) and the 2nd Cycle of the Permanent Sharing Offer (OPP). In the 4th Cycle of the OPC, 192 exploratory blocks were awarded, in all nine basins that had areas on offer, a record number in the... Continue Reading →
(OW) The three consortia that Japan’s Ministry of Economy, Trade, and Industry (METI) selected in the country’s second round of offshore wind auctions will use some of the biggest and most powerful wind turbines on/coming to the market – Vestas V236-15 MW and GE’s 18 MW Haliade-X. RWE, which secured a site together with partners... Continue Reading →
(OW) Building on a previous collaboration focused on tower foundations and lifting guidelines, Siemens Gamesa and Vestas, facilitated by Energy Cluster Denmark, have signed a new partnership agreement to increase standardization within the wind industry. Initially, the partners will standardize equipment for the transportation of wind turbine towers. “Currently, whenever a wind turbine tower is... Continue Reading →
(OW) Steelhead Americas, Vestas’ North American development arm, and Mitsubishi-owned Diamond Offshore Wind (DOW Wind) have signed operating agreements to build the first offshore wind farms in Louisiana waters. The State Mineral and Energy Board has approved a 6,162-acre property agreement for DOW Wind off the coast of Terrebonne and Lafourche parishes and a 59,653-acre... Continue Reading →
(OET) Uruguay’s state-owned energy company ANCAP has tucked a new milestone under its belt with the signing of contracts for four offshore blocks with three oil and gas players in line with the framework of the Open Uruguay Round that has been in force since 2019. As a result, the UK-headquartered Shell, the U.S.-based APA Corporation, and... Continue Reading →
Yinson Production officially named its latest addition to the fleet, FPSO Atlanta, during a naming ceremony held at Dubai Drydocks World on December 13, 2023. FPSO Atlanta has a production capacity of 50,000 BOPD and a maximum storage capacity of 1,251,000 bbls. It will feature a carbon management process plant, which uses fuel gas for cargo... Continue Reading →
3R PETROLEUM ÓLEO E GÁS S.A. (“3R” or “Company”) (B3: RRRP3), in accordance with CVM Resolution No. 44, informs its investors and the market in general that the resumption of the Clara Camarão Refinery activities is underway, with full return scheduled for December 2023, after a programmed maintenance stoppage. The Company highlights that maintenance activities... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras reports that it has acquired 29 blocks in the Pelotas basin in the 4th Permanent Concession Offer Cycle of the National Agency of Petroleum, Natural Gas and Biofuels (ANP). Petrobras acquired blocks P-M-1739, P-M-1737 and P-M-1797 in partnership with CNOOC Petroleum Brasil Ltda (CNOOC) and Shell Brasil Petróleo Ltda (Shell).... Continue Reading →
(Reuters) - Representatives from nearly 200 countries agreed at the COP28 climate summit on Wednesday to begin reducing global consumption of fossil fuels to avert the worst of climate change, a first of its kind deal signaling the eventual end of the oil age. The deal struck in Dubai after two weeks of hard-fought negotiations... Continue Reading →
(Z) Petrobras, the Brazilian state-owned energy company, has announced the extension of its existing contracts for two offshore drilling rigs owned by Constellation Oil Services. This news coincides with the launch of two separate tenders for hiring additional well-intervention rigs, demonstrating Petrobras' continued commitment to investments in its offshore operations. Rig Contract Extensions Petrobras has... Continue Reading →
Brazil Energy Insight 