Brought to you by Quest Offshore & Southern Cone Consultants
By Tina Casey (CT) Just a few months ago the US offshore wind industry seemed to be headed for the rocks, accompanied by much cheering on the part of groups opposed to renewable energy. Well, that was then. The industry is on track to replace all the contracts that faltered last year, and then some,... Continue Reading →
Today Hexicon AB (publ.) signed a Sales and Purchase Agreement (SPA) to take full ownershipof MunmuBaram Co., Ltd. from its joint venture partner Shell Overseas Investments B.V. Underthe agreement, Hexicon AB will increase its stake in the project from 20 % to 100 %, increasingthe project portfolio by 900 MW. Completion of the transaction is... Continue Reading →
(PN) A new giant of the Brazilian seas is taking shape. Equinor announced that it has completed the installation of the topside of the FPSO Bacalhau, which will be installed in the field of the same name, in the pre-salt of the Santos Basin. The topside is the structure at the top of the ship's... Continue Reading →
(Reuters) - Siemens Energy (ENR1n.DE), opens new tab is confident it can solve quality issues at its onshore wind division but that process could take several years, its CEO said in written remarks published ahead of the group's annual general meeting (AGM). "The losses we incurred in our wind business and the underlying problems are unacceptable. We... Continue Reading →
(Reuters) - An Exxon Mobil-led consortium is considering its first offshore natural gas production in Guyana, close to the country's maritime border with Suriname, an executive at the U.S. oil and gas group said on Wednesday. Exxon (XOM.N), opens new tab, Hess Corp (HES.N), opens new tab and CNOOC (0883.HK), opens new tab are under pressure from Guyana to develop... Continue Reading →
(OE) The government of Maine has selected a section of state-owned area on Sears Island as its preferred site for a port facility development that will support the floating offshore wind industry. The selection of the site, announced by the Governor of Maine Janet Mills, follows an extensive public stakeholder process led by the Maine... Continue Reading →
(RZ) The European Commission (EC) is allotting up to $7.43 billion (EUR 6.9 billion) in public funding for hydrogen infrastructure projects. The EC approved the third Important Project of Common European Interest (IPCEI), which aims to boost the supply of renewable energy in the European Union (EU), reduce dependence on natural gas, and help achieve... Continue Reading →
Corporate Venture Capital's investment thesis will cover businesses related to renewable and low-carbon energies Petrobras and the BNDES have begun studies to structure a Corporate Venture Capital (CVC) fund to support micro, small and medium-sized technology-based companies. In this first phase, the idea is to identify the most promising sectors for this type of investment,... Continue Reading →
(TN)Petrobras announced the start of the contract for the development and implementation of HISEP®, an unprecedented technology patented by the company that will be used to increase production efficiency, reduce costs and the intensity of emissions in pre-salt oil and gas production systems. At the Petrobras Research, Development and Innovation Center (Cenpes), in Rio de... Continue Reading →
(OET) Thermoplastic composite pipes (TCP) have shown exceptionally low hydrogen permeation values, demonstrating technical suitability for high-pressure hydrogen service, Dutch TCP producer Strohm reported following a TCP hydrogen testing program. Strohm recently completed an extensive six-month hydrogen testing program on its TCP at Tüv-Süd in Germany, which saw the comprehensive permeation assessment cover a range of... Continue Reading →
Brazil Energy Insight 