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(OE) Mitsubishi Heavy Industries (MHI) and Single Buoy Moorings, the subsidiary of SBM Offshore, have agreed to conduct a study for the application of CO2 capture modules on future floating production storage and offloading vessels (FPSOs) for Petrobras. This study will be conducted toward typical implementation of CO2 capture solutions for FPSOs. The module design... Continue Reading →
In late March, efen and Wilson Sons carried out the first HVO (hydrotreated vegetable oil) fuelling operation in Brazil’s maritime sector. The operation was conducted at the Açu Liquid Bulk Terminal (TLA), owned by Vast Infraestrutura. Approved in February by Brazil’s National Agency of Petroleum, Natural Gas and Biofuels (ANP), this is the first HVO... Continue Reading →
(Reuters) Norway's Equinor on Thursday weakened its energy transition plan as it struggles to deliver on pledges to invest more in renewable energy and low-carbon technologies, citing practical difficulties and a shift in political priorities. The oil and gas producer in 2022 laid out short- and medium-term steps intended to achieve net zero emissions, including... Continue Reading →
(rivieramm.com) Japan’s cabinet has approved a bill amendment that will allow offshore wind projects to be built in the country’s Exclusive Economic Zone (EEZ). The Global Wind Energy Council (GWEC) said the legislative procedure for the bill is "progressing smoothly" and now moves to the Diet for further deliberation. If approved during the ordinary Diet... Continue Reading →
(OE) SBM Offshore has entered into a global collaboration agreement with Microsoft to develop standardized, AI-powered carbon-free floating power solutions to address the growing needs for reliable, affordable, carbon-free electricity. This collaboration is set to transform industrial electrification by combining SBM Offshore’s deep expertise in scalable ocean energy infrastructure and Microsoft’s leadership in AI, cloud... Continue Reading →
(oilprice.com) Germany’s biggest utility RWE will supply green hydrogen to France’s oil and gas supermajor TotalEnergies in a 15-year deal from 2030, in one of the largest such agreements globally. RWE to supply around 30,000 metric tons of green hydrogen annually to TotalEnergies from 2030 to 2044, the German utility giant said on Wednesday. The green hydrogen... Continue Reading →
(OE) Norway’s offshore wind association Norwegian Offshore Wind has signed a memorandum of understanding (MoU) with ANEV, the Italian National Wind Association to increase offshore wind cooperation. The signing of the MoU sets a framework for extensive cooperation between the two organizations and is a natural next step for the offshore wind cooperation between these... Continue Reading →
(offshoreWIND.biz) The European Union has unveiled the Clean Industrial Deal, a transformational business plan outlining concrete actions to turn decarbonisation into ‘a driver of growth‘ for European industries by supporting renewable energy sources. Specifically, the plan aims to lower energy prices, create ‘quality’ jobs and the ‘right’ conditions for companies to thrive, accelerating decarbonisation while at... Continue Reading →
(OE) The N05-A platform is the first offshore gas platform in the Dutch North Sea to be powered entirely by wind power – harnessing electricity via cable from the nearby 113.4 MW Riffgat offshore wind farm. The platform is part of the GEMS (‘Gateway to the Ems’) project, which focuses on developing field N05-A and other fields in the... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras informs that it has signed the following agreements with Banco do Brasil (BB): (i) The contracting of two Export Credit Notes (ECN) with sustainability commitments, one valued at R$ 3.5 billion and the other at R$ 3 billion, both maturing in 2032; (ii) Renewal of a Revolving Credit Facility (RCF)... Continue Reading →
Brazil Energy Insight 