(Reuters) - Argentina's government has green lit a key $500 million private sector gas pipeline expansion project, the energy secretariat said on Monday, a key signal of state support to boost transport capacity as it ramps up domestic energy production. The project, proposed by major private local operator Transportadora de Gas del Sur (TGS), would... Continue Reading →
Colombia’s Ecopetrol to build green hydrogen plant at Cartagena refinery
(Reuters) - Colombia's majority state-owned energy company Ecopetrol plans to build a new green hydrogen plant at its refinery in the Caribbean city of Cartagena for some $28.5 million, it said in a statement on Monday. The plant will produce 800 tonnes of green hydrogen a year, making it Latin America's biggest, Ecopetrol said in the... Continue Reading →
ELIRE Infra announces world’s first intelligent floating infrastructure to accelerate net zero goals across multiple industries
ELIRE Infra, a revolutionary innovation company, operating at the intersection of infrastructure, mobility and clean energy, has announced today, its pioneering ‘Smart Hubs’ - modular, multi-purpose and scalable infrastructure solutions, designed to accelerate decarbonisation across ports, harbours, waterways, and the industries they support. ELIRE Infra’s Smart Hubs address critical infrastructure challenges by offering a sustainable,... Continue Reading →
New pipeline milestone for natural gas project in Brazilian waters
Norwegian energy giant Equinor has tucked a new steel pipe production milestone under its belt for its upcoming natural gas project off the coast of Brazil. Equinor marked the occasion by hosting a celebration at Confab, Tenaris’ welded mill in Brazil’s Pindamonhangaba to commemorate the completion of steel pipe production for the Raia project. With over 99%... Continue Reading →
Local player joins FLNG project seeking to make Argentina an LNG exporter
(offshore-energt.biz) Argentina’s oil and gas firm YPF has joined a floating liquefied natural gas (FLNG) project being co-developed by Bermuda-headquartered owner and operator of liquefied natural gas (LNG) midstream infrastructure Golar LNG and Latin American integrated energy company Pan American Energy (PAE) in Argentinean waters. The $3 billion project will see the FLNG Hilli, set to... Continue Reading →
Galp’s Appraisal Well Delivers Light Oil and Gas-Condensate Off Namibia
Portuguese oil and gas company Galp has found light oil and gas-condensate in an appraisal well drilled in Orange Basin block, offshore Namibia. The appraisal well, Mopane-1A, was spud on October 23 with Saipem’s Santorini drillship, at PEL83 offshore block. In an update from November 29, Galp has confirmed that the Mopane-1A well encountered light oil and... Continue Reading →
Porto do Açu and Belgian company Sarens sign MOU on logistics solutions for offshore wind
(Eixos) The Porto do Açu, in Rio de Janeiro — controlled by Prumo Logística in partnership with the Port of Antwerp-Bruges International — signed a memorandum of understanding (MoU) with the Belgian company Sarens, to study partnerships in logistics solutions for the transportation of components for the offshore wind power chain The agreement was formalized... Continue Reading →
Hexicon Closer to Finalizing Floating Offshore Wind Deal in South Korea
(offshoreWIND.biz) Sweden’s Hexicon has obtained the necessary regulatory clearance to acquire a controlling stake in the 1,125 MW MunmuBaram floating offshore wind farm in South Korea. The South Korean Electricity Regulatory Commission (KOREC) has approved the transfer of two out of three Electricity Business Licenses (EBLs) for the MunmuBaram floating offshore wind project. With this... Continue Reading →
DEME to Build Offshore Wind Terminal in German Port
(OE) DEME has been awarded a contract, worth up to $52 million, for the construction of an offshore wind terminal in the Port of Cuxhaven in Germany. The terminal will boost Cuxhaven’s position as a key offshore industrial hub to support the handling of heavy-duty loads, particularly components for offshore wind farms. Operated by Niedersachsen... Continue Reading →
Argentina’s Vaca Muerta region hits record oil production in Q3, Rystad says
(Reuters) - Argentina's massive Vaca Muerta shale formation produced a record 400,000 barrels per day (bpd) of oil in the third quarter, consultancy Rystad said on Friday. The figure is a 35% year-on-year surge in production thanks to improved productivity and evacuation capacity, putting the formation on track to hit its target of 1 million... Continue Reading →