Equinor, on behalf of its partners in the Raia project – Repsol Sinopec Brasil and Petrobras, awarded Valaris, represented by Ensco UK Drilling Limited and Ensco do Brasil Petróleo e Gás LTDA, a drilling contract for operations in Brazil. Drilling activities are scheduled to begin in 2026. The objective is to drill six wells, with... Continue Reading →
Portugal plans to raise share of renewables in electricity consumption to 93% by 2030
(Reuters) - Portugal plans to raise the contribution of renewables in electricity consumption to 93% by 2030, as part of its decarbonisation push, according to an updated draft of its energy and climate plan seen by Reuters on Monday. However, the draft proposal plans to lower the 2030 target for the installed capacity of electrolyzers... Continue Reading →
UK’s first offshore hydrogen production trials kick off in South Wales
(Offshore-energy.biz) After six years of development, sustainability consultancy ERM has launched offshore trials to test its Dolphyn Hydrogen process which combines electrolysis, desalination, and hydrogen production on a floating wind platform, marking the first time hydrogen has been produced from seawater in a marine environment in the UK. The trials conducted in Pembroke Port, South... Continue Reading →
Petrobras (PBR) Starts Drilling Uchuva-2 Well in Colombia
(Zack's) Petrobras PBR, a Brazilian oil and gas company, in partnership with Colombia-based integrated oil and gas company Ecopetrol S.A. EC, has commenced the drilling of the Uchuva-2 well in the Tayrona block, located offshore Colombia’s Caribbean coast. This move is part of a broader strategy to boost Colombia's natural gas reserves and enhance the country's energy security.... Continue Reading →
DNV: Oil & gas witnessing confidence resurgence while energy transition price tag hampers net-zero aspirations
(Offshore-energy.biz) As looming political uncertainty prepares the world for the incoming tsunami of elections, optimism still runs strong in the energy industry, especially within the oil and gas sector. While rising costs and supply chain disruptions are putting at risk the viability of many projects and dampening the short-term optimism for electrification and renewables, a new... Continue Reading →
Brazil’s Eletrobras partners with GEP on green hydrogen
(Reuters) - Brazil's Eletrobras, Latin America's largest utility, has signed a memorandum of understanding with Green Energy Park (GEP) to study opportunities for green hydrogen production, the companies said on Tuesday. WHY IT'S IMPORTANT Brazil has been looking to develop a green hydrogen industry as part of efforts to unlock new sectors to power its... Continue Reading →
Second HVDC Platform Installed at World’s Largest Offshore Wind Farm
(OE) Saipem has installed the second unmanned High Voltage Direct Current (HVDC) platform at Dogger Bank, being built in UK waters and set to become the world’s largest offshore wind farm once constructed. The substation is the second of three platforms, each supplied by Aibel, to be installed at Dogger Bank offshore wind farm, which... Continue Reading →
US Plans 12 Offshore Wind Auctions Over Five Years
(Reuters) President Joe Biden's administration unveiled plans on Wednesday to hold up to a dozen auctions of offshore wind development rights through 2028, including four before the end of this year. The schedule will help companies, states and others plan for projects that require massive amounts of investment and infrastructure, the Interior Department said in... Continue Reading →
Petrobras reports oil discovery in ultra-deep waters of the Potiguar Basin
Petróleo Brasileiro S.A. – Petrobras, informs that it has discovered an accumulation of oil in ultra-deep waters of the Potiguar Basin, in the Anhangá exploratory well, of Concession POT-M-762_R15. The 1-BRSA-1390-RNS (Anhangá) well is located on the coast between Ceará and Rio Grande do Norte, about 190 km from Fortaleza and 250 km from Natal, at... Continue Reading →
Drifters launched on the Equatorial Margin confirm Petrobras studies approved by Ibama
(Petrobras) The scientific community launched more than 428 drifters (equipment that measures the behavior of sea currents) on the Equatorial Margin, 84 of which are in the Foz do Amazonas basin. All confirm the studies and modeling carried out by Petrobras and approved by IBAMA in the environmental licensing of block FZA-M59. Studies have shown... Continue Reading →