French offshore vessel operator Bourbon has won a contract to support the construction of the Eolmed project, a recently sanctioned pilot floating wind farm in the Mediterranean Sea, offshore France. The wind farm, owned by Qair, TotalEnergies, and BW Ideol, will consist of three floaters, each fitted with 10 MW turbines. This 30 MW project is located... Continue Reading →
BW Ideol, Tohoku Electric Power form Japanese floating wind venture
BW Ideol and Tohoku Electric Power have initiated feasibility studies for a joint development of a commercial-scale floating offshore wind farm offshore Kuji City in Japan’s Iwate prefecture. The development will feature BW Ideol’s Damping Pool technology. The two companies will pursue early commercialization of cost-competitive floating offshore wind power in Japan through this venture,... Continue Reading →
Analysis: Big Oil gets investor reprieve as energy worries trump climate concerns
(Reuters) - Big Oil has enjoyed an easier ride at shareholder meetings so far this year compared with last year's punishing run of hostile investor votes tied to climate concerns, as those issues have been eclipsed by tight oil supplies. Major oil companies have handily defeated several high-profile climate resolutions brought by shareholder activists in... Continue Reading →
TotalEnergies Launches Global Drone-based Methane Inspection Campaign on All Upstream Assets
French oil major TotalEnergies said Monday it had launched a worldwide drone-based emissions detection and quantification campaign across all its upstream oil & gas operated sites, to identify, quantify, and reduce methane emissions linked to its operations. The campaign uses AUSEA technology developed by TotalEnergies, the French National Research Center for Scientific Research (CNRS) and University of... Continue Reading →
Petrobras on divestment in the Sergipe-Alagoas Basin
Petróleo Brasileiro S.A. – Petrobras, following up on the release disclosed on 07/20/2018, informs that it has decided to conclude the current competitive process, which was in the binding phase, for the partial sale of four concessions located in deep waters in the Sergipe-Alagoas Basin (BM- SEAL-4, 4-A, 10 and 11), without transferring the operation.... Continue Reading →
Ørsted, TotalEnergies Team Up for Dutch Offshore Wind Tenders
Ørsted and TotalEnergies said Friday they would jointly submit bids for the two Dutch offshore wind tenders “Holland Coast West” also known as Hollandse Kust (west). The Holland Coast West wind farms will be located approximately 53 km off the Dutch coast and have a combined capacity of nearly 1.5 gigawatts (GW). Rasmus Errboe, Head... Continue Reading →
BP bids for two Dutch offshore wind power leases
(Reuters) - Oil major BP (BP.L) has submitted bids to develop two offshore wind power leases in the Netherlands, it said on Thursday, as the company increases its focus on renewable energy. BP has bid in the tender process for two wind farm sites at the Hollandse Kust (West) zone, located 53 kilometres off the Netherlands' west... Continue Reading →
Total, Duke are winners of latest U.S. offshore wind auction
(Reuters) - France-based TotalEnergies and U.S. power company Duke Energy Corp (DUK.N) each won offshore wind leases in federal waters off the coast of North and South Carolina on Wednesday, the Interior Department said in a statement. The auction generated $315 million in winning bids, split between Duke at $155 million and TotalEnergies at $160 million. It... Continue Reading →
Colombia to prioritize cutting carbon emissions in oil and gas contracts
(Reuters) - Colombia will prioritize signing contracts for oil and gas blocks with companies making greater strides to cut carbon emissions, a government official said on Wednesday, adding the country needs to assign an average of 10 blocks a year to maintain fuel self-sufficiency. Colombia's oil and gas industry is a major source of income... Continue Reading →
U.S. to Hold Offshore Wind Auction for Carolina Coast
(Reuters) - Bidding for federal wind energy leases for two areas off the coast of North Carolina and South Carolina kicked off on Wednesday, with each attracting over $2.7 million. The sale - the second such offering this year - is part of the Biden administration's broad push to put wind turbines in federal waters... Continue Reading →