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(offshoreWIND.biz) During his presidential campaign in 2024, Donald Trump said he would sign an executive order to stop offshore wind farms from being built in the US “on day one”. On 7 January, the US president-elect reiterated the plan which now seems to apply to wind energy on land too, saying he would look into... Continue Reading →
(offshore-energy.biz) Malaysia’s Yinson Production, a subsidiary of Kuala Lumpur-based energy infrastructure and technology company Yinson Holdings, has highlighted that its third floating production, storage, and offloading (FPSO) unit in Brazilian waters, which recently achieved first oil, will feature a carbon management process plant to decarbonize the FPSO operations in line with the firm’s sustainability goals. The... Continue Reading →
(offshoreWIND.biz) Macquarie Asset Management, through Macquarie European Infrastructure Fund 7, has completed the acquisition of Ziton, a provider of operations and maintenance (O&M) services to the offshore wind industry. “This is a significant milestone for ZITON, as Macquarie’s investment validates the strong company we have built. With our solid market position, excellent customer relationships, and... Continue Reading →
(oilnow.gy) Since 2015, Guyana has emerged as the global leader in oil discoveries, with unmatched volumes boosting its position in the energy sector, according to Rystad Energy. The Norway-based intelligence company ranked Guyana against 19 other countries. They estimate that Guyana’s recoverable resource is over 13 billion barrels of oil equivalent (boe) since the initial... Continue Reading →
Offshore accommodation rig provider Prosafe has signed a contract extension with Petrobras for the provision of the Safe Zephyrus semi-submersible vessel for safety and maintenance support offshore Brazil. The original 650-day firm period was due to complete in February 2025, but has been extended by 954 days, bringing in $109.7 million to Prosafe. The extension... Continue Reading →
Exail is proud to announce the first sale of its DriX O-16, a transoceanic Uncrewed Surface Vessel (USV). Designed for long-range maritime operations, it has been acquired by an Indo-Pacific customer operating in the civil sector. Equipped with advanced sensors, including a full-depth Multibeam Echosounder, the DriX O-16 enables operators to collect precise data for... Continue Reading →
(TN) Port of Açu and Yamna, an English company specialized in the production of green hydrogen and its derivatives, have signed an agreement to reserve an area in the low-carbon hub of Port of Açu, located in the North of Rio de Janeiro, for the implementation of a green ammonia plant. The port complex is... Continue Reading →
(Bloomberg) -- Shell Plc said its natural gas divisions saw lower sales volumes and trading earnings, the latest sign that 2024 ended on a weak note for major energy companies. The warning on Shell’s crucial natural gas division, in a fourth-quarter trading update published on Wednesday, was accompanied by figures showing a slight rise in... Continue Reading →
(offshore-energy.biz) Allseas has completed its offshore pipelay commitments for a 700-kilometer-long natural gas pipeline in Mexico ahead of schedule, for its client TC Energy. The Southeast Gateway 36-inch natural gas pipeline runs south along the coast from Tuxpan through the Gulf of Mexico to Coatzacoalcos and Dos Bocas. Allseas delivered the pipeline in 11 months, which... Continue Reading →
(Reuters) - Guyana's oil exports rose 54% last year to some 582,000 barrels per day (bpd), fueled by European refiners' demand for easy-to-process sweet crudes to replace some Middle Eastern grades, according to traders and shipping data from financial firm LSEG. Since it started exporting oil in early 2020, the burgeoning oil nation has emerged as the... Continue Reading →
Brazil Energy Insight 