Aug. 29 (offshoreWIND.biz) The renewable energy consultancy OWC has been awarded a contract to provide cable engineering support to the Green Volt floating offshore wind farm in Scotland, developed by Flotation Energy and Vårgrønn. OWC’s scope of work includes cable engineering for both offshore and onshore cables. The subsea scope focuses primarily on the export... Continue Reading →
Staatsolie to Open Offers for Suriname’s Offshore Oil Areas in November
Aug. 27 (Reuters) Suriname state oil firm Staatsolie will launch in November an 'open-door offering' for offshore areas to be explored and evaluated, the company said on Tuesday, as the small South American nation seeks partners and financing for what it hopes could be an oil and gas boom. Following a positive investment decision last... Continue Reading →
Japan proposes 10-year extension for offshore wind farm leases to ease cost pressures
Aug 26 (Reuters) - Japan's industry and land ministries on Tuesday proposed revising guidelines to extend offshore wind project leases by 10 years, from the current 30 years, to help developers manage soaring construction costs and complete projects. The proposal was submitted to a joint expert panel of the Ministry of Economy, Trade and Industry... Continue Reading →
Mitsubishi Corp, Others to Abandon Three Offshore Wind Projects in Japan
Aug. 26 (Reuters) A Mitsubishi Corp consortium is preparing to withdraw from three offshore wind power projects in Japan's Chiba and Akita prefectures due to concerns over profitability, the Nikkei business daily reported on Tuesday. Japan, heavily reliant on energy imports, has turned to renewable energy to bolster energy security and achieve carbon neutrality by... Continue Reading →
3rd Cycle of the Permanent Production Sharing Offer Will Auction Seven Blocks
Aug. 20 - The Special Bidding Committee (CEL) of the National Petroleum Agency (ANP) published the blocks that will be offered in the 3rd Cycle of the Permanent Production Sharing Offer (OPP). There will be seven areas in total: Jaspe, Citrino, Larimar, Ônix, Itaimbezinho, Ametista, and Esmeralda. The public session is scheduled for October 22.... Continue Reading →
Brazil’s ANP Extends Aram Block Deadline as Petrobras Confirms New Oil Finds
Aug.18 (oilprice.com) Brazil’s oil and gas regulator ANP has approved an 18-month extension of the exploration period for the Aram block in the Santos Basin pre-salt, pushing the deadline for Petrobras and China’s CNOOC to meet their commitments to June 30, 2029, according to BNamericas. The move gives the consortium more time to advance drilling in... Continue Reading →
Massachusetts Postpones Round 5 Offshore Wind Solicitation
(offshoreWIND.biz) Massachusetts Department of Energy Resources (DOER) does not expect the Round 5 Request for Proposals (RFP) for offshore wind to be issued until next year, at the earliest, due to uncertainty at the federal level. In a letter to the state’s Department of Public Utilities (DPU), dated 7 August, DOER noted that it is... Continue Reading →
220 blocks up for grabs in Nigeria’s bid round to speed up oil & gas development
(offshore-energy.biz) Given its interest in unlocking oil and gas growth, the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has revealed its plans to award 220 oil blocks, spanning the African country’s onshore and offshore basins, in its latest hydrocarbon licensing bid round. This entails 59 offshore blocks located in deep water. According to the African Energy... Continue Reading →
Colombia’s offshore energy hopes deflate amid poor discoveries, stricter regulations
Aug 8 (Reuters) - Hopes among foreign energy companies that Colombia's coast could serve as a key source of oil and gas for the future are being dashed as many exploration projects lag expectations, with unwelcomed regulation further deflating optimism. The disappointing finds and regulatory roadblocks are pushing some energy firms to abandon the Andean nation for... Continue Reading →
German Economic Minister Warns of Risks to Tenders as Recent Offshore Auctions Draw No Bids
Aug 6 (Reuters) Germany's Economy Minister Katharina Reiche warned on Wednesday that flawed site selection and shifting market dynamics were undermining offshore wind tenders, as the country's latest offshore auctions received no bids. Two August tenders for offshore wind energy plants, with volumes of 2,000 MW and 500 MW, and planned commissioning dates in 2031 and 2030, drew no bids for the first... Continue Reading →