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Spanish renewable energy company Iberdrola has chosen Brazil as a place where it plans to install its first ever floating solar plant. The project will be built on the water surface of the Xaréu dam on the island of Fernando de Noronha, recognized by UNESCO as a World Natural Heritage Site. This initiative is carried... Continue Reading →
The total production of Oil and Natural Gas for the month of November 2022 was 3.978 million barrels of oil equivalent per day (boe/d), of which 3.095 million barrels of oil per day (bbl/d) and 140.380 million cubic meters of natural gas per day (m³/d). In oil, there was a reduction of 4.6% in comparison... Continue Reading →
(OED) Offshore installation services company DEME Offshore has won a "substantial" contract for the transportation and installation of the inter-array cables for the Empire Wind 1 and 2 offshore wind farms being developed in the U.S. by Empire Offshore Wind, a joint venture between Equinor and BP. For DEME, a substantial contract represents a value of... Continue Reading →
(OWB) This year is set to be one of the busiest for offshore wind developers and governments around the world as a multitude of new sites are scheduled to be awarded for offshore wind farm construction. From the much longer list of auctions coming up in 2023, each bearing national and/or global significance, offshoreWIND.biz is... Continue Reading →
(Reuters) - U.S. oil producer Chevron Corp (CVX.N) plans to export this month its first cargo of Venezuelan crude to its Pascagoula, Mississippi refinery following a U.S. license granted last year, according to shipping documents seen by Reuters on Tuesday. The 500,000-barrel cargo of Hamaca heavy crude, to be loaded at state-run PDVSA's Jose port, comes from... Continue Reading →
Simon Hogg, Durham University In 2023, some 100 miles off the coast of northeast England, the world’s largest wind turbines will start generating electricity. This first phase of the Dogger Bank offshore wind farm development uses General Electric’s Haliade X, a turbine that stands more than a quarter of a kilometer high from the surface of... Continue Reading →
Greencoat Renewables has agreed to buy 22.5% of the Butendiek offshore wind farm in Germany from Marguerite Pantheon. The wind farm is located in Germany's exclusive economic zone in the North Sea and consists of 80 Siemens Gamesa 3.6 MW turbines that have been operational since 2015. Butendiek benefits from a fixed-price FiT until December... Continue Reading →
(Reuters) - Brazil's new mines and energy minister Alexandre Silveira said on Monday that state-run oil company Petrobras (PETR4.SA) would play a leading role in expanding the refining sector, and stressed the importance of developing renewable resources. Petrobras would encourage other groups to join the process, Silveira said during an official event to start his term in... Continue Reading →
(OET) With the lessening of restrictions imposed due to the COVID-19 pandemic, expectations of the oil and gas market’s recovery dominated at the start of 2022 prior to the Ukraine crisis. In the wake of Russia’s war in Ukraine, many industries, including the offshore energy industry, were thrown for a loop, which caused a lot... Continue Reading →
(OE) Offshore wind farm developer Eolus has received research permits for two offshore wind farms in the Bothnian Sea. The company said these were important steps towards offshore wind production in Finland. The Finnish Government gave consent regarding research permits to Eolus for the two offshore wind projects, Wellamo and Tuulia, in the Finnish Bothnian... Continue Reading →
