YPF CEO Says Vaca Muerta Profitable Even at $40 Oil

(oilprice.com) Despite the recent slump in international oil prices, YPF CEO Horacio Marín remains confident in the resilience of Argentina’s energy sector—particularly the viability of Vaca Muerta. Speaking to Infobae en Vivo, Marín stressed that YPF can sustain profitable operations even if crude prices drop to $40 or $45 per barrel. “We made ourselves resilient at... Continue Reading →

Aker Solutions Introduces Three Floating Wind Foundation Designs

(OE) Aker Solutions has unveiled three floating wind foundation designs – the YFloat, CONFloat-Omega, and CONFloat-7C – engineered to maximize energy production, simplify construction and reduce maintenance. All three have passive ballast systems and the capability of supporting turbines that are 15 MW and larger. The YFloat is an advanced steel floating substructure meticulously designed to provide... Continue Reading →

Corio Generation to Reorganise Amid Offshore Wind Market Headwinds

(offshoreWIND.biz) Corio Generation, a standalone portfolio company of Macquarie Asset Management, plans to restructure its offshore wind development business to focus on a smaller portfolio of projects. A spokesperson for Corio Generation said: “Given challenging market conditions in the offshore wind sector, Corio Generation is refocusing its global operations to prioritise the development of a smaller portfolio of... Continue Reading →

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