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(PN) Petrobras is in direct negotiations with Seatrium (a company formed by the merger between Sembcorp Marine and Keppel Offshore) for the construction of platform ships (FPSOs) P-84 and P-85. The vessels will be installed by Petrobras in the Atapu and Sépia fields, respectively, both located in the pre-salt of the Santos Basin. In Brazil,... Continue Reading →
(OET) The Department of the Interior’s Bureau of Ocean Energy Management (BOEM) has made modifications to monetary penalties for oil and gas companies, implementing the 2024 inflation adjustments for the maximum daily civil monetary penalties contained in BOEM regulations per Federal law. The Bureau of Ocean Energy Management made the final rule announcement on Thursday, January 25, 2024,... Continue Reading →
(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 →
(OET) Within its 2024 Business Strategy and Development Plan, China’s oil and gas giant CNOOC Limited has outlined a set of objectives for the year ahead. With energy demand on the rise, the Chinese giant has unveiled intentions to step up oil and gas production, bolster its hydrocarbon reserves, and scale up natural gas exploration... Continue Reading →
(Reuters) - New Jersey's utility regulator on Wednesday approved two offshore wind power projects proposed by units of Attentive Energy and Invenergy. The approvals were part of the state's third solicitation for offshore wind seeking 1,200-4,000 megawatts (MW) of power capacity. In total New Jersey is looking to achieve about 11,000 MW of offshore wind... Continue Reading →
(Reuters) - Brazil's state-run oil firm Petrobras (PETR4.SA), opens new tab will this year start buying stakes in domestic onshore wind and solar projects to create a roughly 2 gigawatts (GW) renewable energy portfolio, the firm's chief executive told Reuters. Petroleo Brasileiro is looking to buy stakes in assets that are already operational, Jean Paul Prates said... Continue Reading →
(OE) Eni-controlled company Plenitude has reached an agreement with BlueFloat Energy and Sener Renewable Investments to join their strategic partnership to advance the development of offshore wind projects in Spain. The agreement with Plenitude bolsters the joint venture formed by BlueFloat and Sener Renewable Investments three years ago, creating a leading consortium in the offshore... Continue Reading →
(OE) Copenhagen Infrastructure Partners (CIP) has launched Copenhagen Energy Islands (CEI), a new development company dedicated to developing energy islands globally with backing from Nordic, European, and North American investors Copenhagen Energy Islands will build on CIP’s long-standing experience and expertise within offshore wind to develop energy island projects globally, and is currently developing a... Continue Reading →
(OE) Endiprev has strengthen its international profile after becoming the lead engineering services provider for the 806 MW Vineyard Wind 1 project - USA’s first utility-scale offshore wind energy project. The Texas-headquartered company delivers a range of specialized technical and engineering services for onshore, offshore and high voltage energy generation. Endiprev is currently performing mechanical... Continue Reading →
(Reuters) Massachusetts, Connecticut and Rhode Island extended on Thursday the date bids are due in the states' next offshore wind solicitations from Jan. 31 to March 27. Offshore wind is expected to play a critical role in U.S. President Joe Biden's and several states' plans to decarbonize the power grid and combat climate change. But... Continue Reading →
Brazil Energy Insight 