Portugal’s EDPR to auction 90 new wind turbines after pulling out of Colombia project: auctioneer

(Reuters) - Portugal's EDP Renovaveis will offer 90 new wind turbines at auction after pulling out of major Colombia wind energy projects, the website of industrial equipment auctioneer Escrapalia showed on Tuesday. The Vestas V162-5.6 MW turbines will be sold in an online auction, Escrapalia said. EDPR, the world's fourth-largest wind power producer, posted an unexpected net... Continue Reading →

April 2, 2025 0

Colombia’s Ecopetrol to invest up to $700 million in SAF production plant

(Reuters) - Colombia's state-run energy company Ecopetrol plans to invest between $500 million and $700 million to build a plant to produce Sustainable Aviation Fuel (SAF) jet fuel, company's president Ricardo Roa said on Wednesday. The new plant, to be built at the Barrancabermeja refinery, will start its development phase between this and next year, Roa... Continue Reading →

April 2, 2025 0

ANP estimates investments of up to U$2.3 billion in oil exploration in Brazil by 2028

(PN) According to new consolidated data, the National Petroleum Agency (ANP) is forecasting investments of around US$1.5 billion in exploratory activities this year. For the period between 2025 and 2028, the estimated amount is US$2.3 billion. Drilling is the activity that will have the greatest impact on the investments planned for 2025, with US$1.1 billion... Continue Reading →

April 2, 2025 0

Geopark announces the sale of its 10% stake in Manati Field

(PN) GeoPark announced a reorganization of its portfolio, with repercussions on its operations in Brazil. The company revealed that it will sell certain “non-core” assets, as well as implement cost reduction initiatives to strengthen its position aiming at profitable, reliable and sustainable growth in the long term. One of the points of the reorganization involves... Continue Reading →

April 1, 2025 0

Sempra to sell Mexico energy assets, stake in infrastructure unit

(Reuters) - Utility firm Sempra will sell some energy infrastructure assets in Mexico and a minority stake in Sempra Infrastructure to fund its five-year capex plan of $56 billion, it said on Monday. In February, the company had forecast a five-year capital plan of about $56 billion, a 16% increase from its prior plan, with over... Continue Reading →

March 31, 2025 0

Constellation-Operated Jack-Up Rig Up for Petrobras Job

(OE) Constellation, an offshore oil and gas drilling services provider in Brazil, has secured a new contract with Petrobras for the deployment of Admarine 511, a jack-up drilling rig owned by its commercial partner ADES Holding. The rig, operated by Constellation, will be used for a campaign of Plug and Abandonment (P&A) of wells at... Continue Reading →

March 31, 2025 0

ADNOC’s XRG Acquires Galp’s Share in Mozambique Offshore Block

(OE) XRG, a subsidiary of Abu Dhabi National Oil Company (ADNOC), has completed the acquisition of Galp’s 10% interest in the Area 4 concession in Mozambique's Rovuma Basin. The Rovuma Basin, one of the largest gas discoveries in the past 15 years, has enabled ADNOC’s XRG access to LNG projects with a combined potential production... Continue Reading →

March 28, 2025 0

Woodside to Shed some Trinidad and Tobago Assets for $206M

(Reuters) Australia's Woodside Energy said on Friday it would sell some assets in its offshore oil and gas project in Trinidad and Tobago to London-based Perenco for $206 million. The sale includes the Greater Angostura project's offshore production facilities and interests in the shallow water Angostura and Ruby fields, but excludes assets in the deepwater... Continue Reading →

March 28, 2025 0

Deadline of Petrobras deal with vessel adds pressure to Foz do Amazonas request

(Reuters) - Brazilian oil firm Petrobras needs to be granted an environmental license to drill in the sensitive Foz do Amazonas region by the end of April or it will run out of time before the contract with a drilling vessel ends in October, according to a document presented by the government. The document, which... Continue Reading →

March 27, 2025 0

Japanese Industry Partners Team Up for Floating Wind Commercialization

(OE) Kanadevia Corporation, Taisei Corporation, and Mitsui O.S.K. Lines (MOL) have signed a memorandum of understanding (MoU) to collaborate on the commercialization of floating offshore wind power generation. Kanadevia and Taisei, which specialize in construction and fabrication of floating foundations, and MOL, which has expertise in towing and mooring them, decided to share their knowledge... Continue Reading →

March 27, 2025 0

Blog at WordPress.com.

Up ↑

Category: Financial

Portugal’s EDPR to auction 90 new wind turbines after pulling out of Colombia project: auctioneer

Colombia’s Ecopetrol to invest up to $700 million in SAF production plant

ANP estimates investments of up to U$2.3 billion in oil exploration in Brazil by 2028

Geopark announces the sale of its 10% stake in Manati Field

Sempra to sell Mexico energy assets, stake in infrastructure unit

Constellation-Operated Jack-Up Rig Up for Petrobras Job

ADNOC’s XRG Acquires Galp’s Share in Mozambique Offshore Block

Woodside to Shed some Trinidad and Tobago Assets for $206M

Deadline of Petrobras deal with vessel adds pressure to Foz do Amazonas request

Japanese Industry Partners Team Up for Floating Wind Commercialization

Archives

Contact Us