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As the Colombian Government launched the country’s Offshore Wind Roadmap on 3 May, BlueFloat Energy revealed it has seven offshore wind projects under development in the country. This is just half of what the company plans in South America since there are also seven projects the Spanish developer is planning offshore Brazil. In Colombia, BlueFloat... Continue Reading →
Colombia’s President Iván Duque and Minister of Mining and Energy, Diego Mesa, launched the country’s Offshore Wind Energy Roadmap on 3 May at an event in the city of Barranquilla, whose waters will become the home of the first offshore wind farm in Colombia. The objective of the roadmap is to build a transparent and... Continue Reading →
Offshore drilling contractor Transocean has been awarded a new contract and extensions for its rigs, adding $87.2 million to its backlog. A new contract award for one of the rigs means it is coming back from idle to work mode. As of 25 April, the company’s total backlog is approximately $6.1 billion, Transocean said late... Continue Reading →
(Reuters) - A judge in the Colombian city of Barrancabermeja on Thursday suspended an environmental license granted to a hydraulic fracturing - or fracking - pilot project, on the grounds that local communities were not properly consulted. Colombia's majority state-owned oil company Ecopetrol (ECO.CN) and partner U.S. oil major Exxon Mobil Corp (XOM.N) were given the green light to... Continue Reading →
(PetroleoHoje) At the end of April, Petrobras will start a drilling campaign in Colombia. The activity will be carried out in the Tayrona area, located in the deep waters of the Guajira Basin. The activity will be carried out by Transocean's Development Driller III rig, which began to be towed to the location last week.... Continue Reading →
(WO/Bloomberg) — Argentina, home to some of the world’s vastest gas reserves, is bracing for the unthinkable: rationing one of its chief natural resources. Despite having shale-gas deposits to rival those in Appalachia, which made the U.S. a major exporter, Argentina's domestic gas production sector has suffered from years of underinvestment that has left it unable to meet... Continue Reading →
(Reuters) - Colombia's majority state-owned oil producer and energy company Ecopetrol (ECO.CN) on Friday launched its first green-hydrogen pilot project at its refinery in the Caribbean city of Cartagena, it said in a statement. Using a 50-kilowatt Proton Exchange Membrane electrolyzer, 270 solar panels, and water used by the refinery, Ecopetrol will produce 20 kg (44 lb)... Continue Reading →
(Reuters) Colombian Energy Minister Diego Mesa launched the country's plans for offshore wind energy at the CERAWeek by S&P Global conference in Houston on Tuesday, while an agreement to develop the first wind project has been signed, the government said in a statement. Developing the industry could bring in some $27 billion in investments by... Continue Reading →
Transocean to sign a new charter contract with Petrobras. The company took the lead in the oil company's new request for quotation aimed at the international bid to carry out a drilling campaign in the Tayrona area, located offshore Colombia. According to PetróleoHoje, the two companies have already settled most of the commercial terms. The... Continue Reading →
Partners Frontera Energy and CGX Energy plan to spend up to $130 million on their second exploration well on the Corentyne block offshore Guyana following positive results from the first well, Kawa-1. Frontera Energy is the majority shareholder of CGX and joint venture partner of CGX in the Petroleum Prospecting License for the Corentyne block.... Continue Reading →
Brazil Energy Insight 