(YP) Petrobras is looking to strengthen its partnership with Norwegian companies on energy transition. The move comes as Brazil seeks to reduce its greenhouse gas emissions and achieve net-zero emissions by 2050. In a recent announcement during the event "The Role of Norway and Brazil in the Energy Transition" organized by the Brazil-Norway Chamber of... Continue Reading →
Bill Expediting California’s Offshore Wind Development Signed into Law, New Legislation Said to Cut Permitting Timeline by Five Years
(OW) California’s Governor Gavin Newsom signed two new offshore wind bills into law on 7 October. Coming into effect on 1 January 2024, the Offshore Wind Expediting Act (bill SB 286) is set to shave five years off of the offshore wind permitting timeline, while under the California Offshore Wind Advancement Act (bill AB 3),... Continue Reading →
Nauticus Robotics to Acquire 3D at Depth in $34M All-stock Deal
(OE) Nauticus Robotics, a developer of autonomous vehicles and robots for data collection and intervention services for offshore industries, has agreed to acquire 3D at Depth, a specialist in commercial subsea laser LiDAR (Light Detection and Range) inspection and data services. Nauticus Robotics will acquire 3D at Depth for approximately $34 million in stock, before... Continue Reading →
Petrobras to Invest Some $300M to Drill Two Potiguar Basin Wells – Exec
(Reuters) Brazilian state-run oil group Petrobras plans to invest around $300 million to drill two exploratory wells in the deep waters of the Potiguar Basin after environmental licenses were issued last week, a top executive said in an interview. The license granted by environment agency Ibama on Friday was the first since 2013 for Petrobras... Continue Reading →
Petrobras obtains environmental license to drill in Potiguar Basin on Brazil’s Equatorial Margin
Petróleo Brasileiro S.A. – Petrobras informs that it received, on Monday (10/02/2023), confirmation of the environmental license from Ibama to drill two exploratory wells in the maritime block BM-POT-17, in deep waters of the Potiguar Basin, on the Brazilian Equatorial Margin. The first well will be drilled 52 km off the coast. Drilling is scheduled... Continue Reading →
Petrobras on reserves of the Equatorial Margin
Petróleo Brasileiro S.A. – Petrobras, in relation to media reports on the existence of reserves of 5.6 billion barrels of oil in blocks of the equatorial margin in the Amazon region of Amapá, clarifies that the company does not inform or make public the volumetric potential in exploratory areas. As disclosed on 05/18/2023, Petrobras is... Continue Reading →
Petrobras Estimates 5.6 Bln Barrels of Oil in Equatorial Margin Block -minister
(Reuters) Studies by Brazilian state-run oil company Petrobras show that a single oil block of Amapa's equatorial margin could total more than 5.6 billion barrels of oil, the country's mines and energy minister said on Friday. Alexandre Silveira's remarks come as the oil giant bids to drill a well at the mouth of the Amazon... Continue Reading →
IBAMA grants Petrobras license to drill in the Potiguar Basin on the Equatorial Margin
(AB) The Ministry of Mines and Energy (MME) reported that the Brazilian Institute of the Environment and Renewable Natural Resources (Ibama) granted an environmental license for Petrobras to drill wells in the Potiguar Basin segment, off the coast of Rio Grande do Norte, on the Equatorial Margin. The license would refer to the research activity... Continue Reading →
Dutch King Inaugurates Massive Offshore Wind Farm
(OEE) Dutch King Willem-Alexander has officially inaugurated the offshore wind farm Hollandse Kust Zuid in the Dutch sector of the North Sea. To mark the occasion the king celebrated the completion of Vattenfall’s largest offshore wind farm to date together with executives of Vattenfall, BASF and Allianz on the beach of IJmuiden in front of... Continue Reading →
US says to complete offshore wind auctions on schedule next year
(Reuters) - The Biden administration will complete its ambitious offshore wind leasing schedule on time next year, the Interior Department told Reuters, despite delays to preparatory work for the auctions and sagging demand from the industry. President Joe Biden’s White House is depending on rapid adoption of offshore wind to help decarbonize the U.S. power... Continue Reading →