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(Reuters) - Brazil's state-run oil firm Petrobras (PETR4.SA), opens new tab may soon move a drilling rig out of the Potiguar Basin due to lack of permits for more wells, Chief Exploration and Production Officer Joelson Mendes said on Wednesday. Petrobras has drilled one well at Potiguar, and is in the process of drilling a second one,... Continue Reading →
(OE) The Bureau of Ocean Energy Management (BOEM) will initiate the environmental review of a proposed wind energy project offshore New Jersey. At its closest point, the approximately 81,129-acre lease area, OCS-A 0549, known as Atlantic Shores North, is located 8.4 miles from the New Jersey coast and approximately 60 miles from New York. The... Continue Reading →
(OE) Renantis and BlueFloat Energy have submitted the Environmental Impact Assessment (EIA) for Kailia Energia floating wind farm, the second offshore wind project being developed in Italy by the partners. Kailia Offshore Wind Project will be located off the coastline between Brindisi and San Cataldo, off the coast of Puglia. The project proposes the installation... Continue Reading →
Dear shareholders and investors, I am very proud to address you today, not only in light of the excellent economic and financial results we are disclosing, but especially because I am convinced that we are building a Petrobras which is more solid, more resilient and able to generate long-term value to its partners and to... Continue Reading →
(OE) The U.S. Bureau of Ocean Energy Management (BOEM) has completed the environmental review of the proposed 2.6 GW New England Wind project offshore Massachusetts, being proposed by Avangrid’s unit Park City Wind. BOEM estimates the proposed project would generate up to 2,600 MW of electricity, enough to power more than 900,000 homes with clean,... Continue Reading →
(OE) The United States’ Bureau of Ocean Energy Management (BOEM) approved the Construction and Operations Plan (COP) for Equinor’s Empire Wind project, marking another milestone in advancing the New York offshore wind project. With this permitting action by BOEM secured, Empire Wind is on track to begin construction in its federal lease area off the... Continue Reading →
(OE) The government of Maine has selected a section of state-owned area on Sears Island as its preferred site for a port facility development that will support the floating offshore wind industry. The selection of the site, announced by the Governor of Maine Janet Mills, follows an extensive public stakeholder process led by the Maine... Continue Reading →
(Reuters) - Guyana may revise terms of its latest oil-production sharing contract and its regulatory framework before a second offshore bidding round, Vice President Bharrat Jagdeo said on Tuesday. Guyana last August updated the production sharing agreement (PSA) and Petroleum Act that set regulatory terms for producers ahead of a first oil round that drew... Continue Reading →
(PN) The director of Energy Transition and Sustainability at Petrobras, Mauricio Tolmasquim, said today that the company is still awaiting the approval of a legal framework for offshore wind power to definitively enter this new sector. “We will not enter offshore wind until we have the regulatory framework. But just having the law is not... Continue Reading →
(Reuters) - Italian cablemaker Prysmian (PRY.MI), opens new tab has shifted around management in Brazil and Latin America as it gears up local plants to boost supply to the electricity sector and future offshore wind farms in the region, the company told Reuters. Raul Gil Boronat, who led Prysmian in Brazil, took over as CEO for Latin... Continue Reading →
Brazil Energy Insight 