(OE) GreenIT, a joint venture between Plenitude (Eni) and CDP Equity (CDP Group), and Copenhagen Infrastructure Partners (CIP) through its Flagship Funds have signed an agreement to develop three floating offshore wind projects in Latium and Sardinia, Italy. The floating wind farms will be located roughly 30 km off the coast and have an overall... Continue Reading →
Brazil environment agency frustrates Petrobras plan to drill at the Foz do Amazonas
(Reuters) - Brazil's environmental regulator Ibama has asked oil company Petrobras (PETR4.SA) for additional information on its plan to drill at the mouth of the Amazon river before authorizing Petrobras to test its emergency oil spill response, the agency's president Rodrigo Agostinho told Reuters. The request frustrated the hopes of Petrobras to start the drilling test as... Continue Reading →
TWP Reveals Names for Two 1GW Offshore Wind Farms in Scotland
Thistle Wind Partners (TWP), a consortium of DEME Concessions, Qair and Aspiravi, on Monday revealed the final names for its two offshore wind project secured in the ScotWind seabed lease round. The 1GW Bowdun offshore wind farm will be located off the coast of Stonehaven, lying 44km out from the landmark of Bowdun Head and covering an area... Continue Reading →
Norwegian Yard Completes Two Retrofit Projects for Brazilian Offshore Vessel Owner Oceanica
Norway's Green Yard Kleven has completed and delivered two retrofit projects for the Brazilian shipowner Oceanica. Oceanicasub Vlll and Oceanicasub lX have been rebuilt from offshore supply vessels to advanced offshore vessels for ROV- and crane operations. "Both rebuilding projects were largely based on reused equipment and focused on sustainability at the request of the... Continue Reading →
ING toughens oil and gas policy to include trade finance, midstream
(Reuters) - Dutch lender ING (INGA.AS) on Tuesday said it had again toughened its lending policy to the oil and gas sector, restricting finance to clients engaged in commodity or trade finance and "midstream" infrastructure. ING, a leading provider of commodity finance, said it was working on a methodology to reduce the volumes of traded oil and... Continue Reading →
RWE Selects Siemens Gamesa’s Recyclable Blades for Sofia Offshore Wind Farm
German renewable energy company RWE has selected Siemens Gamesa's offshore wind turbines with recyclable blades for its Sofia offshore wind farm in the UK. Siemens Gamesa said it would supply 44 SG 14-222 DD (14MW) wind turbines with 132 recyclable blades. The order comes after, in 2022, RWE became the first commercial, large-scale offshore developer to install... Continue Reading →
Woodside on Track for Decision on Deepwater Trion Field in Mexico in 2023
Australia's Woodside Energy is on track to make a final investment decision this year on the Trion offshore oil project, which would inaugurate production in the deep waters of the country's Gulf of Mexico. [BHP Petroleum, now part of Woodside] partnered in 2017 with state-oil company Pemex, which discovered Trion's reserves five years earlier. The deal... Continue Reading →
Petroperu returns to crude production at major discontinued oil block
(Reuters) - Peru's state-owned oil company Petroperu signed a license agreement on Tuesday to return to producing crude oil, starting at one of the country's largest oil blocks, with plans to invest $638 million in the site to develop new wells. Petroperu will take over Block 192, located in the Amazon near the border with... Continue Reading →
Exclusive: Mexico’s Pemex increased gas flaring at top field, despite pledge to stop
(Reuters) - State oil company Pemex promised late last year that it would stop burning natural gas from a major field in southeast Mexico by mid-January, amid mounting pressure to improve its poor environmental record. But satellite data analyzed by scientists exclusively for Reuters - as well as a visit by reporters to the site... Continue Reading →
Maine Issues Offshore Wind Roadmap
(OW) The Governor of Maine’s Energy Office has released the Maine Offshore Wind Roadmap, a stakeholder-driven comprehensive plan that is said to offer detailed strategies for Maine to realize economic, energy, and climate benefits from offshore wind, in conjunction with communities, fisheries, and wildlife of the Gulf of Maine. The Roadmap was developed over 18... Continue Reading →