Brought to you by Quest Offshore & Southern Cone Consultants
(Reuters) - Colombia's renewable energy sector could get investment of up to $2.2 billion in 2024 across 66 projects that are soon to enter production or waiting to complete paperwork, renewable energy association SER Colombia said on Thursday. Colombia has set its sights on developing renewable energy sources, such as solar, wind and geothermal, as... Continue Reading →
(OE) UK engineering company Wood has secured a contract from HD Hyundai Heavy Industries for detailed engineering of the topsides facilities on Woodside Energy's Trion floating production unit (FPU) in the Gulf of Mexico. When complete, Trion will have a production capacity of 100,000 barrels per day and connect to a 950,000 barrel capacity floating... Continue Reading →
Offshore staff (OM) Last year was a record for offshore wind investments worldwide, according to a report by TGS - 4C Offshore, with projects totaling 12.3 GW in capacity reaching closure. Up to 13 GW of further projects could go forward in 2024. The 2023 intake included FID on eight European projects total, concluding with Hornsea... Continue Reading →
(OM) AFRY will support the Colombian government to develop offtake mechanisms for commercialization of offshore wind energy, according to a late December announcement. In 2022 the government established the regulatory framework for the country’s first seabed leasing process. Definition of mechanisms for trading offshore wind energy will help provide financial stability and certainty for the... Continue Reading →
(OET) Norwegian owner and operator of LNG carriers and FSRUs Höegh LNG has extended and expanded its services to LNG import terminal Sociedad Portuaria el Cayao (SPEC LNG) in Cartagena, Colombia. Höegh LNG said the agreement with SPEC enables continuity and increase of energy supply through at least 2031, with both companies remaining committed to... Continue Reading →
(WO) – NG Energy International Corp., along with its partners Olympo and Duemav in the Maria Conchita Block and with Clean Energy and Oleum in the SN9 Block, increased reserves at both Maria Conchita and Sinu-9 as part of an updated independent analysis by Sproule International Limited. The updated reserves and resources incorporate the recently... Continue Reading →
Industry continues chasing big oil, key gas targets also on the radar (OE) Global exploration drilling is set for a boost in 2024 – we have line of sight on over 200 wells targeting over 30 bnboe of resource (unrisked). Several gas hotspots are on the industry agenda, whilst the strong appetite for oil exploration... Continue Reading →
(OE) Offshore drilling contractor Noble Corporation has secured a contract with Petrobras for the semi-submersible rig Noble Discoverer to provide drilling services offshore Colombia. The contract has a firm duration of 400 days, with expected start in Q2 2024. According to Noble, the contract further contains an option to extend the duration by 390 days.“We... Continue Reading →
(OE) Despite short-term obstacles driven by high inflation and interest rates coupled with supply chain issues, we maintain that the foundations supporting long-term offshore wind activity remain solid. As we prepare for the new year, let us look at 10 factors that will shape the offshore wind sector in 2024. 1. A Continuously Dynamic Energy... Continue Reading →
(OW) Swedish supplier of engineering, design, and advisory services, AFRY, has revealed that it will support the Colombian Government in the identification of offtake mechanism for commercialisation of offshore wind energy in the country. According to AFRY, the company’s support will allow the Colombian Government to formulate the mechanism that supports offshore wind energy commercialisation... Continue Reading →
Brazil Energy Insight 