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Sept 18 (Reuters) - Colombian state-run energy company Ecopetrol is set to exceed its 2025 goal of drilling 10 oil wells by between 20% and 40%, the company's vice president for hydrocarbons, Rafael Guzman, said on Thursday. The company drilled six wells in the first half of the year, two of which were successful, it has said. "I think... Continue Reading →
Sept. 19 (OE) Exmar has signed contracts with Regasificadora Del Pacífico (RDP) for the deployment of a floating storage unit (FSU) on the west coast of Colombia. RDP is developing a fast-track LNG import solution in the inner bay of Buenaventura, under a term contract signed with Ecopetrol in February of 2025 to provide regasification... Continue Reading →
Brazil's oil production growth is primarily driven by massive investments from Petrobras in prolific pre-salt offshore oilfields, aiming for 5 million barrels per day by 2030. Argentina has become a leading South American oil producer, with significant growth stemming from the successful exploitation of the vast Vaca Muerta shale formation. Guyana's oil production is surging... Continue Reading →
Sept. 18 (Reuters) An auction of deepwater oil and gas exploration and production blocks in Trinidad and Tobago has failed to attract significant interest from foreign investors, with bids submitted for just four of the 26 areas on offer. The bidding round closed on Wednesday with bids from China's CNOOC for three areas and a... Continue Reading →
Sept. 17 (offshoreWIND.biz) Japan’s Floating Offshore Wind Power Technology Research Association (FLOWRA) and the European Marine Energy Centre (EMEC) signed a memorandum of understanding (MoU) to explore technology development cooperation in the field of floating offshore wind. Under the agreement, FLOWRA and EMEC will explore the possibilities of establishing and managing an offshore test and... Continue Reading →
Sept. 17 (offshoreWIND.biz) The Dutch government will announce the return of subsidies for offshore wind this afternoon (16 September), during Budget Day, national media reports. According to news from the Netherlands, the government will earmark around EUR 1 billion to support offshore wind next year. The revived subsidy scheme – which was not employed over... Continue Reading →
Sept. 15 (OE) Norway’s Ministry of Energy has received two applications to develop floating wind projects in the Utsira Nord area, marking the next step in the country’s effort to expand renewable energy capacity. The first application is from the consortium between Equinor Utsira Nord and Vårgrønn Utsira Nord, while the second is from Harald... Continue Reading →
Sept. 15 (OE) Intermoor, Acteon’s Moorings and Anchors business line, and Jumbo Offshore, an offshore transportation and installation specialist, have entered into strategic alliance aimed at jointly delivering fully integrated project management, engineering, transport and installation services to the offshore oil and gas as well as floating wind sectors. This partnership brings together Intermoor’s expertise... Continue Reading →
Sept. 12 (offshoreWIND.biz) The Irish government has published the National Designated Maritime Area Plan (DMAP) for Offshore Renewable Energy (ORE) proposal and accompanying Public Participation Statement (PPS), outlining plans to develop and manage offshore renewable resources along Ireland’s coast. According to the government, the proposed National DMAP and PPS accelerate the country’s offshore renewable energy... Continue Reading →
Sept. 12 (offshoreWIND.biz) US Interior Secretary Doug Burgum said at a press conference on 10 September that offshore wind has no future in the US under the Trump administration and that the government was reviewing five offshore wind projects that are now under construction. Speaking to the press at the Gastech event in Milan, Italy, Burgum said... Continue Reading →
Brazil Energy Insight 