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(Reuters) Colombia is proposing to force bidders for offshore wind projects to give a state company a stake in the developments, as part of a wider set of draft modifications to the rules governing the process published this week. The government of President Gustavo Petro, Colombia's first leftist leader, has set its sights on weaning the Andean... Continue Reading →
RWE, Wales’ largest renewable energy generator, has funded a study to investigate the quayside offload and launch of two types of floating offshore wind platforms – one steel and one concrete – alongside the integration of next generation wind turbine generators onto these platforms. Their aim is to maximise local supply chain opportunities by utilising... Continue Reading →
(Reuters) U.S. oil producers ExxonMobil and Hess Corp have withdrawn from exploring the Kaieteur block in Guyana’s deepwaters, Exxon said on Thursday, after disappointing exploration results. The exit comes as the producers focus on their larger and highly productive Stabroek block, where more than 11 billion barrels of oil and gas have been discovered so far. Kaieteur, at 3.3... Continue Reading →
(Reuters) A perfect storm of supply chain delays, design flaws, and higher costs in the offshore wind industry has put dozens of projects at risk of not being delivered in time for countries to meet climate goals, industry executives, investors, and analysts said. The race to reduce reliance on fossil fuels is putting pressure on... Continue Reading →
The US has almost 53 GW of offshore wind projects in operation, development and planning stages. This could power more than 18 million US households if all the projects currently in development and planning are built. The US offshore wind pipeline reached 52,687 MW at the end of May 2023, with two offshore wind farms... Continue Reading →
(Reuters) The bosses of Portuguese utility EDP and oil company Galp on Tuesday warned the government the guaranteed price of the power generated will be key to preventing the first auction of floating offshore wind farms from failing like a recent one in Britain. Portugal's first auction for floating offshore wind farms, set to be... Continue Reading →
(Reuters) - The Biden administration will complete its ambitious offshore wind leasing schedule on time next year, the Interior Department told Reuters, despite delays to preparatory work for the auctions and sagging demand from the industry. President Joe Biden’s White House is depending on rapid adoption of offshore wind to help decarbonize the U.S. power... Continue Reading →
(TN) Petrobrás published the tender for the sale of the platform ship (FPSO) P-33, which is currently located in the Campos Basin, in the Marlim field. The bidding will follow the same model as the decommissioning of P-32, within the company's new guidelines for recycling and sustainable disposal of vessels. The sale notice maintains the... Continue Reading →
(Reuters) Uruguay state-run energy firm Ancap is set to agree to final terms for a record number of seven offshore exploration licenses next month, a senior executive told Reuters, as the frontier market lures bets from global players like Shell. To date no oil or gas has been found in Uruguayan waters, but the licenses... Continue Reading →
(OM) Azule Energy, the joint venture between BP and Eni, and Equinor have signed a production sharing agreement for block 31/21 offshore Angola with the country’s National Agency of Petroleum, Gas and Biofuels. The award, related to Angola’s 2021/2022 Limited Offshore Licensing Round, covers a 4,500-sq km deepwater area in the Lower Congo basin, 170... Continue Reading →
Brazil Energy Insight 