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(OE) Danish wind turbine maker Vestas has signed a conditional turbine order agreement with Inch Cape Offshore, an equal joint venture between ESB and Red Rock Renewables, for the 1.1 GW Inch Cape offshore wind project in Scotland. The agreement is for the supply, installation, and commissioning of 72 V236-15.0 MW wind turbines for the... Continue Reading →
(Reuters) - Brazilian miner Vale and Green Energy Park have agreed to team up to explore opportunities for green hydrogen production in the South American country, the mining giant said on Tuesday. WHY IT'S IMPORTANT Brazil has been looking to develop a green hydrogen industry as part of efforts to unlock new sectors to power its... Continue Reading →
9 September 2024 Vestas has secured an 810 MW offshore order from Equinor to power New York’s Empire Wind 1 offshore wind project. The order includes 54 V236-15.0 MW turbines and marks Vestas’ first order in the U.S. for an offshore platform and its industry-leading, type-certified V236-15.0 MW turbine. The order includes supply, delivery, and... Continue Reading →
(OE) The Bureau of Ocean Energy Management (BOEM) has decided to delay the offshore wind energy auction planned for potential lease areas offshore Oregon due to insufficient bidder interest at this time. On August 29, 2024, the Department of the Interior announced the Final Sale Notice (FSN) for offshore wind leasing on the Outer Continental... Continue Reading →
(Reuters) Brazilian oil giant Petrobras is set to reopen a closed oil well in its large offshore Roncador field in a bid to quickly obtain natural gas, the company's chief said on Thursday. The well, located off the Brazilian coast northeast of Rio de Janeiro, could start producing as early as next year and would... Continue Reading →
(Reuters) - The main focus of Brazil state-run oil firm Petrobras remains in its home country, its director of exploration and production said on Thursday, adding that Brazil was a priority even as it intends to expand into Africa. Petrobras has been publicly showing interest in expanding its oil fields in Africa as it seeks to... Continue Reading →
Petróleo Brasileiro S.A. - Petrobras informs that it has signed today with Staatsolie Maatschappij Suriname N.V. a non-binding memorandum of understanding (“MoU”) aimed at assessing cooperation opportunities in the areas of hydrocarbon exploration and production, carbon capture, new energy sources, contingency response planning, among others. Cooperation with Staatsolie could also result in better sustainable oil... Continue Reading →
Petróleo Brasileiro S.A. - Petrobras informs that today it signed a memorandum of understanding (MoU) with YPF of Argentina to analyze the joint development of business in the E&P segment. The agreement is non-binding and will be in force for three years. The document also provides for technological cooperation between the companies in the Exploration... Continue Reading →
(OE) Ocean Power Technologies Signs (OPT) has signed a memorandum of understanding (MoU) with Brazil’s SENAI to advance autonomous ocean developments. OPT and SENAI, short for Serviço Nacional de Aprendizagem Industrial (SENAI Innovation Institute for Virtual Production Systems from Firjan) in Brazil, will jointly explore blue economy opportunities including deployment of WAM-V autonomous and unmanned... Continue Reading →
Philip Lewis, Contributor - Director Research at Intelatus Global Partners.. (OE) We are fast approaching a potential inflection point for the U.S. offshore wind industry, the November 2024 elections. On the positive side of the scale, federal and state leases supporting approximately 63 gigawatts (GW) of offshore wind capacity have been awarded to developers on the... Continue Reading →
Brazil Energy Insight 