Oct 15 (Reuters) - South Africa's environment minister has dismissed a challenge lodged by conservationists against an environmental authorisation to allow exploration in TotalEnergies-operated Block 3B/4B off the country's West Coast. The decision by Environmental Affairs Minister David Maynier, dated October 13 and seen by Reuters, is the latest in a series of appeals and... Continue Reading →
Angola aims for faster oil and gas concessions as part of new regulatory revamp
Oct 15 (Reuters) - Angola intends to implement faster exploration concessions from next year as part of a new long-term hydrocarbon strategy that aims to attract investment and stimulate oil and gas production, a senior government official said on the sidelines of an energy conference in Cape Town. Here are some details: The 25-year plan... Continue Reading →
Constellation secures certification for pioneering technology and expands cooperation on decarbonization technologies
Oct. 7 (TN) Constellation, Brazil's largest offshore drilling company, has received Approval in Principle (AiP) certification from the American Bureau of Shipping (ABS) for its "Fuel Processor" project—an innovative technology designed to boost energy efficiency and reduce emissions in diesel engines used on offshore units. AiP validates the safety and technical soundness of disruptive solutions... Continue Reading →
EMEC Secures Multi-Million Funding for DeepWind Floating Wind Test Site
Oct. 6 (offshoreWIND.biz) The European Marine Energy Centre (EMEC) has secured GBP 3 million (approximately EUR 3.5 million) from UK Research and Innovation (UKRI) to advance the development of DeepWind, a planned floating and deepwater offshore wind test site in Scotland. The two-year funding, awarded through the UK government’s Infrastructure Fund, will support engineering, environmental,... Continue Reading →
US senators hit deal on energy project permitting bill, vote after midterm elections
Sept 30 (Reuters) - US senators from both parties said on Wednesday they have reached a deal to reform laws on the permitting of large energy and infrastructure projects, though a vote will not occur before the midterm elections. The agreement marks a significant milestone in the years-long effort by Congress to overhaul federal permitting,... Continue Reading →
Brava Energia: Papa-Terra Field start of production at well PPT-52
Sept.29 - BRAVA ENERGIA S.A. ("Brava" or the "Company") (B3: BRAV3), pursuant to CVM Resolution No. 44, hereby informs its investors and the market in general that it commenced production at well PPT-52 on this date, following authorization from the Brazilian Institute of the Environment and Renewable Natural Resources (“Ibama”). The well is part of... Continue Reading →
Petrobras Envisages Platform for Mãe de Ouro Field in Potiguar Basin
Sept. 24 - Petrobras plans to install a production platform at the Mãe de Ouro field—which has not yet been drilled—in the Potiguar Basin, should the discovery's potential be confirmed, stated Petrobras CEO Magda Chambriard. Ibama authorized offshore drilling for this block and three others in March of this year. "If this discovery plays out... Continue Reading →
Brazil’s Petrobras may include Colombia gas project in 2027-2031 plan, exec says
Sept 23 (Reuters) - Brazil's state-run oil firm Petrobras may include the Sirius offshore gas project in Colombia as part of the production curve to be unveiled in its 2027-2031 business plan later this year, a company executive said on Wednesday. "I think it should appear (in the business plan) if we get the environmental... Continue Reading →
Porto do Açu and Perenco Brasil sign agreement for first offshore electrification project in the Campos Basin
Sept. 23 (TN) Porto do Açu and operator Perenco Brasil signed a Letter of Intent (LOI) for the development of the first offshore platform electrification project in the Campos Basin. The agreement entails supplying power from shore to Perenco’s units at the Pargo and Cherne Hubs—located in shallow waters—via an 80-kilometer subsea cable connected to... Continue Reading →
Lessons for Guyana’s next oil auction: Faster awards, seismic data
Sept. 21 (oilnow.gy) Guyana’s first competitive offshore licensing round attracted global energy companies and tested stronger fiscal terms. However, the government will need to improve the speed, certainty, and data supporting the process before offering more blocks. The government has indicated an interest in another licensing round as it seeks to widen exploration beyond the... Continue Reading →