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Oct. 7 (offshoreWIND.biz) As the US seeks to reduce reliance on Chinese supply chains by prioritising domestic oil and gas, its offshore wind sector has faced many challenges, from policy setbacks to rising inflationary costs. Meanwhile, Rystad Energy projects that China will account for 45 per cent of global offshore wind capacity by 2030. Despite... Continue Reading →
Sept. 30 - After departing the Benoi shipyard in Singapore on July 13th, the FPSO P-78 arrived today, September 30th, at the Búzios Field, in the pre-salt layer of the Santos Basin. The unit will now be connected to the wells to begin production shortly. The Búzios Field is located in ultra-deep waters of the Santos Basin at depths of up to 2,100... Continue Reading →
Sept 24 (Reuters) - China led several countries in announcing new climate plans on Wednesday and offered a veiled rebuke of the U.S. president's anti-climate rhetoric a day earlier at the U.N. General Assembly. Addressing a climate leaders’ summit hosted by U.N. Secretary-General Antonio Guterres, Chinese President Xi Jinping said in a live video message... Continue Reading →
Sept. 25 (OE) Dutch-based SBM offshore has cut the first steel for Chalchi floating storage and offloading (FSO) at COSCO Shipyard in China, marking the start of construction of the unit bound for deployment at Trion deepwater oil field, offshore Mexico. The FSO’s name, Chalchi, is inspired by Chalchiuhtlicue, the Aztec water deity, symbolizing the... Continue Reading →
Sept. 24 (PN) The Brazilian Development Bank (BNDES) announced this week the release of R$2.5 billion for Starnav Serviços Marítimos to acquire vessels to be built at the Detroit Brasil shipyard in Itajaí, Santa Catarina. The loan granted to Starnav is equivalent to over 88% of the R$2.9 billion earmarked for the purchase of eight... Continue Reading →
Sept. 12 (offshoreWIND.biz) US Interior Secretary Doug Burgum said at a press conference on 10 September that offshore wind has no future in the US under the Trump administration and that the government was reviewing five offshore wind projects that are now under construction. Speaking to the press at the Gastech event in Milan, Italy, Burgum said... Continue Reading →
Sept 11 (Reuters) - Britain’s largest electricity supplier Octopus Energy has signed a deal with Chinese wind turbine manufacturer Ming Yang Smart Energy, which could see the first Chinese made turbines installed in Britain. Britain is seeking to scale up renewable power to help meet its climate targets but is also grappling with rising project... Continue Reading →
Sept. 10 (offshore-energy.biz) China-based provider of clean energy services Wison New Energies (WNE) has joined forces with Siemens Energy to embark on a new chapter of cooperation in sustainable offshore energy development, primarily within floating liquefied natural gas (FLNG) and floating production, storage, and offloading (FPSO) projects. Thanks to a strategic memorandum of understanding (MoU),... Continue Reading →
Sept. 3 (oilprice.com) Strong demand for crude oil from Asian countries, especially China, has insulated Brazil’s Petrobras from the worst of the tariff war fallout, chief executive Magda Chambriard told Bloomberg in an interview. “There is a lot of demand in Asia for our products,” Chambriard told the publication at an industry event in Sao Paulo, adding... Continue Reading →
Sept. 2 (foreignaffairs.com) In April, when Donald Trump announced his “Liberation Day” tariffs on dozens of countries, Brazil emerged largely unscathed. Brazilian exports to the United States became subject to ten percent levies, the baseline rate, escaping the debilitating tariffs applied to the goods of some U.S. allies. In late July, however, Trump declared that... Continue Reading →
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