TotalEnergies and the Government of Rio de Janeiro announced the signing of the Memorandum of Understanding (MoU) to collaborate with the development of offshore wind generation in the State. The agreement, which lasts for 2 years, includes the company's collaboration in studies related to fiscal and tax incentives and the expansion of the GRID system... Continue Reading →
ExxonMobil taps Texas-based firm for gas-to-energy project off Guyana
(OET) Texas-based oil and gas services company Trendsetter Engineering has secured a contract with ExxonMobil Guyana for its gas-to-energy project offshore Guyana. Under the contract awarded by Esso Exploration and Production Guyana, Trendsetter will deliver its TCS subsea connectors, hubs, and an assortment of pressure caps and tooling for the project. The contract also includes... Continue Reading →
TotalEnergies Granted 20-Year License Renewal on Nigerian Offshore Block
French oil major TotalEnergies, operator of OML130 offshore licens in Nigeria, confirmed Monday it had secured the renewal of the production license on this offshore block for 20 years. Located 150 kilometers off the Nigerian coast, the OML130 block contains the prolific Akpo and Egina fields which came into production in 2009 and 2018 respectively. ... Continue Reading →
Dwindling reserves prompt Colombia to study need for new oil, gas exploration contracts
(Bloomberg) – Colombia is studying the need for more exploration contracts after a report showed oil and gas reserves dropping, according to a senior minister. The government wants to lead a transition away from fossil fuels while limiting any negative impact on the economy, Trade Minister German Umaña said Thursday in a phone interview. “We’ll... Continue Reading →
Floating Offshore Wind: EDP Group Transfers Stake in Principle Power to Ocean Winds
EDP Group agreed with Ocean Winds (OW), the joint venture created by EDP Renewables and ENGIE dedicated to offshore wind, to transfer EDP’s position in floating wind design firm Principle Power to OW. Principle Power is specialized in the design of floating structures to support offshore wind turbines that can be used in deeper waters. ... Continue Reading →
NOV’s APL to Deliver Submerged Swivel and Yoke System for Wison’s FLNG Project in West Africa
China-based Wison Offshore & Marine has awarded NOV's APL a contract to supply a Submerged Swivel and Yoke (SSY) system for deployment in shallow waters offshore West Africa. APL said the SSY would be used as a mooring and gas export solution for an FLNG floater producing liquefied natural gas (LNG) for global export, while... Continue Reading →
New York Opens Solicitation for Offshore Wind-to-Hydrogen Projects
(OW) New York has launched a USD 10 million solicitation for clean hydrogen research, development and demonstration projects, including clean hydrogen production and integration with renewable energy such as offshore wind. The US state’s aim is to address the challenge of replacing fossil fuel usage in hard-to-electrify sectors, with the solicitation open to fund projects... Continue Reading →
Eversource Energy to Sell 50% Stake in US Offshore Wind Site to Ørsted for $625M
(Reuters) Eversource Energy on Thursday agreed to sell its 50% stake in a wind development site off the south coast of Massachusetts to joint venture partner Ørsted for $625 million in cash. The agreement to sell the lease area of about 175,000 developable acres is expected to close in the third quarter of 2023 and... Continue Reading →
Ocean Ventus Launches Low-Steel Wind Floater
Ocean Ventus has launched a low-cost, low-steel floating wind solution which has received Approval in Principle from DNV. It has a tubular design, and its main steel weight is approximately 3,000t for a 15MW turbine. Offshore wind targets imply an eight-fold increase in installed capacity to 2030, with 32 GW of floating wind expected to... Continue Reading →
First US-Built Offshore Wind Substation Sets Sail
Offshore wind developers Ørsted and Eversource marked the sailaway of the first U.S.-built offshore wind substation, which departed a Texas fabrication facility Wednesday. The substation is transiting across the Gulf of Mexico and then up the East Coast for installation at the South Fork Wind project site in a few weeks. Kiewit Offshore Services, Ltd.... Continue Reading →