(OW) The US offshore wind sector has gotten its new official guidance that can be used in the regulatory approval process. The document contains best practices and is said to help accelerate development of the offshore wind industry, shorten regulatory timelines, and increase worker safety. The American National Standards Institute (ANSI) Board of Standards Review... Continue Reading →
BP to Form Global Floating Wind Team
(OW) BP is advertising a new opening in its offshore wind business, this time looking for the Head of Floating Offshore Wind, who will develop and lead its global floating offshore wind team from BP’s base in the UK. The company participated in public discussions on California’s (floating) offshore windBP is also exploring floating wind as... Continue Reading →
P-68 breaks record oil production reaching more than 161 thousand barrels daily in the Berbigao and Sururu fields
The P-68 platform vessel, which operates in the Berbigão and Sururu fields, in the Santos Basin pre-salt, broke a daily production record on the 8th. According to a Petrobras statement, the platform produced a volume of 161,756 barrels of oil per day (bpd). This milestone was reached with the entry into production of the ninth... Continue Reading →
Ecuador expects to choose contractor for Amistad gas field output expansion
(Reuters) - Petroecuador expects to soon award a contract to expand production from the country's vast Amistad offshore gas field, Ecuadorean state oil firm company said late on Thursday. Following failed previous attempts to find an investor, Petroecuador in June launched a new competitive process to select a contractor for Amistad, in the Gulf of... Continue Reading →
Depth Record Broken as Seagreen Wind Farm Turbine Installation Hits Halfway Mark
Half of the 114 offshore wind turbines which will make up Scotland’s largest offshore wind farm, Seagreen, have now been installed in the North Sea off the east coast of Scotland, SSE Renewables said this week, adding that a record has been broken for the world's deepest fixed-bottom turbine installation, too. The construction campaign at... Continue Reading →
3R Petroleum September 22 production data
3R PETROLEUM ÓLEO E GÁS S.A. (“3R” or “Company”), following best practices in corporate governance and transparency, informs its investors and the market in general the preliminary unaudited production data for September 2022 in the assets that the Company holds participation. The Company is the operator of Macau, Areia Branca, Fazenda Belém, Rio Ventura, Recôncavo... Continue Reading →
BlackRock’s Fink defends energy investments amid criticism from ‘left and right’
(Reuters) - Larry Fink, chief executive of the world's biggest asset manager BlackRock Inc (BLK.N), on Wednesday defended his firm's energy investments after facing a backlash from lawmakers critical of its stance on environmental, social and governance (ESG) issues. "Facts are not important with some sub-groups in this country," Fink told attendees at the Institute of... Continue Reading →
AvenHexicon Gets Priority Rights to Develop Two Floating Wind Farms in Italy
The Swedish floating wind technology specialist Hexicon has obtained maritime priority rights for two offshore wind concessions in Italy, where it is operating through its joint venture, AvenHexicon Srl, with local partner Avapa Energy Srl. Earlier this year, applications for both grid connections and Maritime Concessions were sent in. AvenHexicon has now obtained priority rights for... Continue Reading →
Oceaneering secures $300 million in subsea robotics contracts
Oceaneering’s Subsea Robotics segment has won multiple contracts in the third quarter of 2022 with anticipated aggregate revenue of $300 million. The contracts are primarily for remotely operated vehicle (ROV) services delivered from floating drilling rigs and vessels for subsea equipment support, subsea intervention and construction. Included work scopes are also ROV tooling, survey, positioning... Continue Reading →
DNV: Offshore wind could grow 56-fold by 2050 and significantly contribute to green hydrogen production
Offshore wind capacity could grow 56-fold until 2050, driven by a growing need for decarbonisation and energy security, and decreasing costs. Regarding the latter, bottom-fixed and floating offshore wind levelised costs of energy (LCoE) are forecast to drop by 39 per cent and 84 per cent, respectively, according to the new Energy Transition Outlook from... Continue Reading →