Brought to you by Quest Offshore & Southern Cone Consultants
(Reuters) - Swiss asset manager Energy Infrastructure Partners (EIP) will raise its stake in Eni's Plenitude unit to 10%, in a deal that values the group's retail and renewable business at more than 10 billion euros ($11 billion) including debt. The Italian energy group said in a statement on Monday that EIP had agreed to subscribe... Continue Reading →
– Petróleo Brasileiro S.A. following up on Communication of September 11, 2024, informs that the Natural Gas Processing Unit (UPGN), located at the Boaventura Energy Complex (Itaboraí, RJ), began commercial operation. The UPGN is currently operating with its first module, which has the capacity to process 10.5 million m³/day of gas. The second module is... Continue Reading →
(offshoreWIND.biz) The World Bank Group, in collaboration with the Republic of Türkiye’s Ministry of Energy and Natural Resources, has launched an offshore wind roadmap for the country that outlines the potential for up to 7 GW of capacity to be installed by 2040. The Government of Türkiye has set a target of 5 GW installed capacity... Continue Reading →
“In this third quarter of 2024, we achieved consistent financial results amid a context of declining Brent prices, which we were able to offset with higher sales volumes of oil products. We maintained strong cash generation of US$ 11.3 billion, up 24% from the previous quarter, sustained by the quality and performance of our assets.... Continue Reading →
(Reuters) - Industry insiders are worried Chile is falling behind the global green hydrogen race despite having a head-start due to its strong renewable energy matrix and geographic advantage to export to Asian markets. In a panel about energy transition in Santiago, companies betting billions on green hydrogen in the Andean nation said lengthy permitting... Continue Reading →
(Reuters) - Portugal's largest utility EDP posted on Thursday a stronger-than-expected 14% rise in nine-month net consolidated profit, benefiting from strong rainfall in Iberia and additional earnings from its Brazilian unit after a full takeover. EDP pocketed a net 1.08 billion euros ($1.17 billion), beating the average analysts' forecast of 993 million euros in an... Continue Reading →
(OE) The Offshore Renewable Energy (ORE) Catapult has published a report that lays out a new approach to environmental monitoring and consenting within the UK offshore wind sector. With the UK Government looking to radically increasing offshore wind deployment, there is a clear need for changes to the environmental consenting process, says ORE as it... Continue Reading →
(offshoreWIND.biz) A Floating Light Detection and Ranging (FLiDAR) buoy has been deployed at the Parque Nordés offshore wind project site in Spain, which is being developed jointly by BlueFloat Energy, Plenitude, and Sener. A FLiDAR detection buoy was installed in the area where the Parque Nordés floating wind project is expected to be located off... Continue Reading →
(Reuters) - Donald Trump's return to the White House will refocus the nation's energy policy onto maximizing oil and gas production and away from fighting climate change, but the Republican win in Tuesday's presidential elections is unlikely to dramatically slow the U.S. renewable energy boom. That is because a Biden-era law providing a decade of lucrative subsidies for new... Continue Reading →
- PRIO S.A. (“Company” or “PRIO”) (B3: PRIO3), following best practices incorporate governance and transparency, informs its preliminary and non-audited Operational Data for the month of October. Key: (1) In the Polvo and Tubarão Martelo cluster, production was affected by the shutdown of wells TBMT-10H and TBMT-4H due to the failure of the Submerged Centrifugal Pump,... Continue Reading →
Brazil Energy Insight 