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Petróleo Brasileiro S.A. - Petrobras, following up on the release disclosed on 04/06/2023, informs that its Board of Directors elected Mr. Maurício Tolmasquim to the Board of Energy Transition and Sustainability of the Company, which will coordinate the activities of decarbonization, climate change, new technologies and sustainability and will incorporate the commercial activities of natural... Continue Reading →
U.S. offshore wind developer Dominion Energy is this week kicking off unexploded ordinance identification within the export cable corridor and the Coastal Virginia Offshore Wind (CVOW) lease area located offshore of Virginia Beach, Virginia. The U.S. Coast Guard said in a notice to mariners that the UXO works would start on or about April 25,... Continue Reading →
Challenger Energy said Wednesday that it had identified three sizeable prospects in its AREA Off-1 offshore block in Uruguay of between 1 to 2 billion barrels and that the company said it would launch a farm-out process "following unsolicited interest from a number of industry counterparties." The company said that an initial prospect inventory of... Continue Reading →
(OW) 3Global offshore wind developer Corio Generation and Norwegian renewable energy business Å Energi have established Nordvegen Vind, a joint venture aiming to bid for the Utsira Nord floating offshore wind site in Norway. Nordvegen is the name for the old shipping route which for more than 3,000 years has been a gateway for maritime... Continue Reading →
ExxonMobil has made yet another oil discovery in Guyana's prolific Stabroek offshore block. The news of the new offshore oil discovery in Guyana was shared by Hess Corp., ExxonMobil's partner in the block, where around 11 billion barrels of oil have been discovered in recent years. According to Hess, a partner alongside China's CNOOC in... Continue Reading →
(OE) Hitachi Energy and industry group WindEurope have published a new report which concludes that Europe needs more meshed grids to ensure its offshore wind development. Meshed grids are clusters of offshore wind farms with fewer cables connected to the shore that can route power to two or more national grids. In total, governments across... Continue Reading →
(OE) Norwegian oil and gas company Vår Energi will collaborate with floating wind technology firm Odfjell Oceanwind and Source Galileo to pursue a pilot project for floating offshore wind at its Goliat oil field in the Barents Sea, offshore Norway. The Goliat platform is currently electrified and is supplied with power from shore through a... Continue Reading →
(OE) Export Finance Norway (Eksfin) has financed Nexans Norway’s new UK export cable contract with NOK 2bn (£155m) in loan guarantees. "The transaction covers the export and installation of advanced high-voltage subsea cables for the Moray West wind farm off the coast of Scotland. Export Finance Norway (Eksfin)’s global portfolio of loans and guarantees covering... Continue Reading →
The U.S. Bureau of Ocean Energy Management (BOEM) on Tuesday invites public comment on, and assesses interest in, possible commercial wind energy development in areas offshore Massachusetts, New Hampshire, and Maine. BOEM said the call represented an early step in the commercial planning and leasing process in the Gulf fo Maine, and the first required by... Continue Reading →
(OE) Norwegian energy regulator NVE on Tuesday recommended 20 areas suitable for deploying offshore wind farms that will help meet a 2040 target for 30 gigawatts (GW) of capacity. The areas, dotted along Norway's vast coastline, were the ones believed to offer the least potential for conflict and could fit more than 30 GW, NVE... Continue Reading →
