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Green energy infrastructure developer Cerulean Winds has revealed it will bid for four seabed lease sites with a combined capacity of 6 GW of floating wind to decarbonise the UK’s oil and gas sector under Crown Estate Scotland’s Innovation and Targeted Oil and Gas (INTOG) leasing round. This scale will remove more emissions quickly, keep... Continue Reading →
(Reuters) - Democratic Republic of Congo will offer 27 oil blocks and three gas blocks, nearly double as many as previously planned, in a licensing round next week, the hydrocarbons ministry said on Monday. Congo, a leading miner of copper, cobalt, gold and diamonds, has long aimed to boost its oil sector and is believed... Continue Reading →
The European Commission has chosen Technip Energies, X1 Wind, and a consortium of ten international entities, to deliver the NextFloat project, a program aimed at accelerating industrial-scale floating wind. NextFloat project's main objectives are to demonstrate a competitive, sustainable, and integrated floating offshore wind solution optimized for deep waters and to accelerate the industrial-scale deployment... Continue Reading →
(OEM) The board of directors of Italy’s Saipem has approved the offshore drilling contractor’s first sustainability plan, which represents an integrated strategy that combines business and financial objectives with environmental, social and governance (ESG) criteria, enabling the firm to reach net-zero by 2050. Saipem revealed on Tuesday that its board of directors, chaired by Chairman Silvia... Continue Reading →
(Upstream) As the world begins the shift towards cleaner and more efficient sources of energy, Brazil's focus can sometimes seem to be fixed on fossil fuels. This is understandable, considering Brazil's pre-salt oil fields are capable of producing more competitively and, advocates say, with lower emissions than just about any other offshore province. In a... Continue Reading →
Rio de Janeiro is betting on the existence of a consolidated oil and gas industry as a competitive advantage for the state's energy transition towards offshore wind power generation and hydrogen production. The Rio de Janeiro government sees a potential to attract investment of around US$ 85 billion in offshore energy generation, but will wait... Continue Reading →
The U.S. offshore wind sector continues its journey to deploy 30 GW of offshore wind by 2030 and 110 GW by 2050, Intelatus Global Partners said in its July U.S. offshore wind report. Two major OCS projects with around 940 MW of capacity have reached FID and have started onshore construction, and seven projects are... Continue Reading →
Houston-headquartered offshore energy services provider Helix Energy Solutions has completed the acquisition of Louisiana-based, privately-held Alliance group of companies, enabling it to expand its decommissioning presence in the Gulf of Mexico. Back in May 2022, Helix revealed that it had entered into a definitive agreement to acquire 100 per cent of the equity interests of the Alliance... Continue Reading →
(Reuters) - The European Union is planning a deal with Namibia to support the country's nascent green hydrogen sector and boost its own imports of the fuel, EU and Namibian officials said, as the bloc works to reduce its dependence on Russian energy. Hydrogen has long been touted as a less emissions-heavy alternative to fossil... Continue Reading →
(epbr) It is Petrobras' culture to develop petroleum frontiers of high geological complexity, demanding development and application of the most daring technologies. From the pioneering onshore exploration activities to the pre-salt layer, the company has stood out for creating innovative solutions to enable the exploration of these areas, helping to strengthen the national industry, energy... Continue Reading →
Brazil Energy Insight 