Oct 16 (Reuters) - Guyana's Vice President said on Thursday the country will not take any possible gas development off the negotiation table, including Exxon Mobil's future offshore projects. Exxon's eighth project, Longtail, is expected to be the first to develop non-associated gas in Guyana, and two more discoveries, Haimara and Pluma, could follow. An Exxon... Continue Reading →
Colombia’s Sirius gas project advances consultations, nears contracting phase
Oct 16 (Reuters) - Colombia's Sirius project, developed off its Caribbean coast by state oil firm Ecopetrol and Brazil's Petrobras, has completed nearly half of consultations with local communities that could affected by the development, Petrobras' Colombia chief Alcindo Moritz said on Thursday. The companies said last December they had confirmed Colombia's largest ever gas discovery... Continue Reading →
Equinor Starts Production at Bacalhau Field Offshore Brazil
Oct. 16 (OE) Equinor and its partners has started production from the large Bacalhau field in Brazil, whose recoverable reserves exceed 1 billion barrels of oil equivalent (boe). Bacalhau is located in the pre-salt region of Brazil's Santos Basin in ultra-deep water of over 2,000 meters. The field features one of the most modern floating... Continue Reading →
Gazelle Partners with Chinese Manufacturer on Industrialization of Floating Wind Tech
Oct. 15 (offshoreWIND.biz) Floating wind foundation developer, Gazelle Wind Power, has signed a memorandum of understanding (MoU) with Titan Wind Energy, a Chinese manufacturer of onshore and offshore wind turbine components, which also has offices in Denmark and Germany. The two companies signed the MoU while a delegation from Gazelle was recently visiting Titan Wind’s... Continue Reading →
Seaturns Full-Scale Wave Energy Device on First Trials in France
Oct. 15 (OE) Seaturns, a French wave energy start-up, has completed manufacturing of its first full-scale floating wave energy converter and launched the initial phase of operational testing at the port of Nantes Saint-Nazaire. Built in just six months, the Seaturns demonstrator is a cylindrical floating buoy made of 42 tonnes of steel, measuring 15... Continue Reading →
Petrobras Restarts Tupi Output, Strengthening Brazil’s Offshore Surge
Oct. 14 (oilprice.com) Brazil’s Petrobras has restarted production at its flagship Tupi offshore oilfield, restoring one of the country’s most productive pre-salt assets and adding momentum to Brazil’s rise as a top-five global oil producer. The Cidade de Angra dos Reis floating production vessel resumed operations this week after completing maintenance and compliance work ordered by Brazil’s oil... Continue Reading →
ExxonMobil Consortium’s Oil Output Marks Rise in Guyana
Oct. 14 (Reuters) Oil production by a consortium led by Exxon Mobil in Guyana rose to 770,000 barrels per day (bpd) following the start-up of the group's fourth floating output facility, the company's chief for the South American country said on Monday. Average production by The Exxon group, which controls all crude and gas production... Continue Reading →
Nexans Appoints New CEO
Oct. 13 (OE) French subsea power cable maker and services provider Nexans has appointed Julien Hueber as its new Chief Executive Officer (CEO). Hueber is succeeding Christopher Guérin who has been the CEO of the company for the past seven years, effective immediately. The Appointments & Corporate Governance Committee has conducted a comprehensive process to... Continue Reading →
Brazil to begin construction on TikTok data center in six months, minister says
Oct 10 (Reuters) - Construction on a TikTok data center in Brazil will begin in six months, an official said on Friday, with the project expected to bring in some 50 billion reais ($9.11 billion) in investment. "Six months from now, we will begin construction to host TikTok's data center," Mines and Energy Minister Alexandre... Continue Reading →
Chinese wind turbine maker to invest up to $2 billion in Scottish factory
Oct 10 (Reuters) - Chinese wind turbine manufacturer Ming Yang Smart Energy will invest up to 1.5 billion pounds ($2 billion) to build a wind turbine manufacturing facility in Scotland which could create up to 1,500 jobs, it said on Friday. Britain is seeking to scale up renewable power to help meet its climate targets... Continue Reading →