Oct 21 (Reuters) - Portugal's Galp is in advanced talks with several oil majors to sell a 40% stake in its promising offshore Mopane field in Namibia and expects to choose a partner by the end of the year, Executive Board Member Nuno Bastos said on Tuesday. The Mopane field has estimated reserves of at least 10 billion... Continue Reading →
Iberdrola Looking to Sell 49 Pct Stake in UK Offshore Wind Farm – Report
Oct. 17 (offshoreWIND.biz) Iberdrola has begun exploring the sale of 49 per cent of its East Anglia Two offshore wind farm project in the UK, according to a report by the Spanish media outlet Cinco Días citing unnamed sources. The renewable energy developer has already engaged Bank of America and BBVA as financial advisors to assist with... Continue Reading →
Canada Opens Pre-Qualification for First Offshore Wind Auction
Oct. 17 (offshoreWIND.biz) The Canada-Nova Scotia Offshore Energy Regulator (CNSOER) has issued a Call for Information and opened a pre-qualification window for the first offshore wind auction to be launched in the country. Announced on 16 October, the invitations to the industry follow the CNSOER receiving a joint strategic direction from the governments of Canada... Continue Reading →
Colombia gets offshore wind bid from Denmark’s CIP
Oct 16 (Reuters) - Colombia received a bid from a subsidiary of Denmark's Copenhagen Infrastructure Partners (CIP), to develop a project in the South American country's first offshore wind energy round, the head of its hydrocarbons agency said on Thursday. Orlando Velandia, who heads Colombia's National Hydrocarbons Agency (ANH), said CIP subsidiary CI GMF Cooperatief... Continue Reading →
Guyana not taking any gas development off the table, vice president says
Oct 16 (Reuters) - Guyana's Vice President said on Thursday the country will not take any possible gas development off the negotiation table, including Exxon Mobil's future offshore projects. Exxon's eighth project, Longtail, is expected to be the first to develop non-associated gas in Guyana, and two more discoveries, Haimara and Pluma, could follow. An Exxon... Continue Reading →
Colombia’s Sirius gas project advances consultations, nears contracting phase
Oct 16 (Reuters) - Colombia's Sirius project, developed off its Caribbean coast by state oil firm Ecopetrol and Brazil's Petrobras, has completed nearly half of consultations with local communities that could affected by the development, Petrobras' Colombia chief Alcindo Moritz said on Thursday. The companies said last December they had confirmed Colombia's largest ever gas discovery... Continue Reading →
Equinor Starts Production at Bacalhau Field Offshore Brazil
Oct. 16 (OE) Equinor and its partners has started production from the large Bacalhau field in Brazil, whose recoverable reserves exceed 1 billion barrels of oil equivalent (boe). Bacalhau is located in the pre-salt region of Brazil's Santos Basin in ultra-deep water of over 2,000 meters. The field features one of the most modern floating... Continue Reading →
Gazelle Partners with Chinese Manufacturer on Industrialization of Floating Wind Tech
Oct. 15 (offshoreWIND.biz) Floating wind foundation developer, Gazelle Wind Power, has signed a memorandum of understanding (MoU) with Titan Wind Energy, a Chinese manufacturer of onshore and offshore wind turbine components, which also has offices in Denmark and Germany. The two companies signed the MoU while a delegation from Gazelle was recently visiting Titan Wind’s... Continue Reading →
Seaturns Full-Scale Wave Energy Device on First Trials in France
Oct. 15 (OE) Seaturns, a French wave energy start-up, has completed manufacturing of its first full-scale floating wave energy converter and launched the initial phase of operational testing at the port of Nantes Saint-Nazaire. Built in just six months, the Seaturns demonstrator is a cylindrical floating buoy made of 42 tonnes of steel, measuring 15... Continue Reading →
Petrobras Restarts Tupi Output, Strengthening Brazil’s Offshore Surge
Oct. 14 (oilprice.com) Brazil’s Petrobras has restarted production at its flagship Tupi offshore oilfield, restoring one of the country’s most productive pre-salt assets and adding momentum to Brazil’s rise as a top-five global oil producer. The Cidade de Angra dos Reis floating production vessel resumed operations this week after completing maintenance and compliance work ordered by Brazil’s oil... Continue Reading →