Brought to you by Quest Offshore & Southern Cone Consultants
(Reuters) - Portugal's government said on Friday it was keen to create a cluster of wind farms off its Atlantic Ocean coast that could eventually reach a total capacity of around 10 gigawatts (GW). Lisbon last week approved four areas in the ocean where offshore wind farms can be installed, moving a step closer to... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras announces that its gasoline and S-10 (low sulfur) diesel production surpassed historical records from previous years in 2024. The total volume of gasoline produced reached 24.4 billion liters, exceeding the previous record of 2014 (24.2 billion liters). Meanwhile, S-10 diesel production last year broke the previous record from 2023, reaching... Continue Reading →
(TN) Port of Açu and Yamna, an English company specialized in the production of green hydrogen and its derivatives, have signed an agreement to reserve an area in the low-carbon hub of Port of Açu, located in the North of Rio de Janeiro, for the implementation of a green ammonia plant. The port complex is... Continue Reading →
(OE) SBM Offshore has made initial equity investment in Ocean-Power, a Norwegian company developing an offshore power hub which generates electricity using gas turbines in association with carbon capture and storage (CCS). The investment follows the memorandum of understanding (MoU) the companies signed in June 2024. As a result of this investment, SBM Offshore holds... Continue Reading →
(offshore-energy.biz) With a backlog of $33 billion and sustainability at the heart of its strategy to future-proof its floating production units, the Netherlands-headquartered SBM Offshore is expecting to see a new batch of 40 floating production, storage, and offloading (FPSO) opportunities in the next three years, out of which around 16 are anticipated to be... Continue Reading →
(Reuters) - The British North Sea is one of the world's oldest offshore oil and gas basins where production has been in steady decline since the early 2000s. At the same time, the region has become one of the world's largest and fastest growing offshore wind basins. U.S. President-elect Donald Trump called to "open up" the British... Continue Reading →
(Oilprice.com) Colombia is a major producer of oil and gas and is steadily developing its renewable energy industry. In 2016, the South American state launched its Energy Plan 2050, aimed at diversifying the country’s energy mix to include wind power plants, solar PV, and geothermal energy generation, and ensure a reliable energy supply in the... Continue Reading →
(Reuters) - The U.S. Export-Import Bank approved a $526 million loan to Guyana for an energy project designed to double the South American country's installed electric capacity and reduce oil imports, the Guyanese government and Ex-Im said on Thursday. The project, which falls under Ex-Im's mandate to help exporters facing competition from China, will use... Continue Reading →
(PN) The Ministry of Mines and Energy (MME) announced the selection of 12 low-carbon hydrogen hub projects for the decarbonization of Brazilian industry. The projects chosen in the public call notice were presented by the following companies: CSN Group, EDP Renováveis Brasil, Neoenergia, Atlas Agro, Petrobrás, Prumo Logística, Copel GET, Solatio Holding Gestão de Projetos... Continue Reading →
Petrobras informs that today it signed a Protocol of Intent with Companhia Siderúrgica Nacional S.A. (CSN) and CSN Inova Soluções S.A., a group company dedicated to innovation projects. This agreement represents a first step towards structuring a business partnership aimed at setting up a low-carbon hydrogen plant on a commercial scale in Paraná. Low-carbon hydrogen... Continue Reading →
Brazil Energy Insight 