Black & Veatch Completes Feasibility Study for Colombia’s New LNG Terminal

(OE) Black & Veatch has completed a feasibility study for the planned Andes Energy Terminal, a liquefied natural gas (LNG) regasification terminal and power plant. The study assessed site suitability, project design requirements, capital and operating costs, financial viability, financing options, climate resilience, and implementation and construction plans. Beginning with a site assessment that focused... Continue Reading →

May 13, 2024 0

US faces ‘learning curve’ with offshore wind, says Atlantic Shores exec

(OffshoreMagazine)Rain Byars, technical and delivery director with Atlantic Shores Offshore Wind, provided a developer's perspective on US offshore wind during her keynote session on May 7 at the Offshore Technology Conference (OTC). The dedicated offshore wind thread was a first at OTC this year. Byars has 14 years of experience in offshore wind, and prior to... Continue Reading →

May 10, 2024 0

Colombia’s Ecopetrol Talking to Very Large Offshore Wind Players

(Reuters) Colombia's majority state-owned energy company Ecopetrol has held talks with big players ahead of a potential bid in an offshore wind auction organized by the country's government, Chief Executive Ricardo Roa said on Wednesday. Roa was speaking during a call with analysts regarding the company's financial results for the first quarter of 2024, where... Continue Reading →

May 9, 2024 0

First Turbine Stands Tall at Iberdrola’s 476MW Offshore Wind Farm

(OE) The first of a total of 50 wind turbines has been installed at the 476 MW Baltic Eagle offshore wind farm, a joint venture between Iberdrola and Abu Dhabi Future Energy Company (Masdar), located off the German Baltic coast. Working in partnership with Vestas, the remaining wind turbines will now be transported to the... Continue Reading →

May 9, 2024 0

Brazil’s Eletrobras net income down 19% in Q1

(Reuters) - Brazilian power giant Eletrobras (ELET6.SA), opens new tab reported late on Wednesday a first-quarter net profit of 331 million reais ($65 million), down 19% from a year earlier as it resumed investments in the transmission segment. WHY IT'S IMPORTANT Eletrobras is Latin America's largest utility and has been implementing new strategies after it was privatized in June... Continue Reading →

May 9, 2024 0

Brazil’s Petrobras to begin drilling at Colombia’s Uchuva-2 well this month

(Reuters) - Brazil's state-run oil firm Petrobras will begin to drill off Colombia's coast at its Uchuva-2 well this month, Chief Exploration and Production Officer Joelson Mendes told journalists during a press-conference. The promising area off Colombia's coast could justify a large project to supply natural gas to the Andean country and for exports, Mendes said in... Continue Reading →

May 9, 2024 0

Into the Deep: Offshore Production Increasingly Finds Deeper Waters

Barry Parker, Contributor (OE) Offshore energy is on a growth trajectory. Rystad Energy wrote in February 2024 that upstream oil majors were diving in to deeper waters. “Despite tightened budgets, frontier drilling is fueling optimism for a productive year, particularly deepwater projects in the Atlantic Margin, Eastern Mediterranean and Asia,” Rystad wrote, noting that “the trend... Continue Reading →

May 8, 2024 0

Siemens Energy shakes up troubled wind unit after strong results

(Reuters) - Siemens Energy unveiled sweeping changes at its struggling wind division on Wednesday, including job cuts and a new CEO, tightening its grip on a loss-making business as the provider of power equipment emerges from its biggest crisis to date. The announcement, which was flanked by a raised full-year outlook and a fourfold increase... Continue Reading →

May 8, 2024 0

OTC 2024: Petrobras CEO stresses importance of partnerships during energy transition

(OM In a jam-packed, standing-room-only session at the Offshore Technology Conference (OTC), Petrobras President and CEO Jean Paul Prates emphasized that synergy is the lifeblood of the industry and that collaboration with suppliers and investors will leverage the sector and pave the way for an energy transition without leaving behind workers, service providers, contractors or... Continue Reading →

May 7, 2024 0

Exclusive: Paraguay pushes rival bid for $1.5 billion Argentina-Brazil gas connector

(Reuters) - Paraguay is advancing talks with energy firms and high-ranking government officials from Argentina and Brazil over a potential $1.5 billion gas pipeline to connect the three countries, senior government officials for Paraguay and Brazil told Reuters. The plan being drawn up by Paraguay, reported in detail for the first time, aims to compete... Continue Reading →

May 7, 2024 0

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Category: Energy

Black & Veatch Completes Feasibility Study for Colombia’s New LNG Terminal

US faces ‘learning curve’ with offshore wind, says Atlantic Shores exec

Colombia’s Ecopetrol Talking to Very Large Offshore Wind Players

First Turbine Stands Tall at Iberdrola’s 476MW Offshore Wind Farm

Brazil’s Eletrobras net income down 19% in Q1

Brazil’s Petrobras to begin drilling at Colombia’s Uchuva-2 well this month

Into the Deep: Offshore Production Increasingly Finds Deeper Waters

Siemens Energy shakes up troubled wind unit after strong results

OTC 2024: Petrobras CEO stresses importance of partnerships during energy transition

Exclusive: Paraguay pushes rival bid for $1.5 billion Argentina-Brazil gas connector

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