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SSE Renewables has informed that 75% of the jacket foundation substructures have been installed at the Seagreen offshore wind farm site. SSE Renewables is developing the wind farm in partnership with the French firm TotalEnergies. "We’re celebrating a new milestone at Seagreen, our joint venture wind farm project with TotalEnergies. 75% of the jacket foundation... Continue Reading →
Malaysian FPSO leasing company Yinson has agreed to start preliminary activities for the provision of an FPSO for Eni, BP JV in Angola, called Azule Energy. Under the agreement with Azule Energy, Yinson will kick off preliminary activities for the provision, operation, and maintenance of a floating, production, storage, and offloading asset for the Agogo... Continue Reading →
(OE) MunmuBaram, a joint venture between Shell and Swedish floating wind technology developer Hexicon Hexicon, has named the wind turbine maker Vestas as the preferred turbine supplier for the 1.3 GW MunmuBaram floating offshore wind project in South Korea. If the project materializes, Vestas will supply and install 84 units of the V236-15.0 MW turbine... Continue Reading →
(OE) Renewable energy firm Ocean Winds has partnered up with the Irish company Bord na Móna to jointly identify, co-own, and develop offshore wind energy opportunities around the coast of Ireland. The joint venture initially incorporates two potential projects, Réalt na Mara, off the coast of Dublin and Wicklow, and Celtic Horizon, off the coast... Continue Reading →
(OM) IberBlue Wind plans to develop its first offshore wind project off the Iberian Peninsula offshore Andalusia, southern Spain. The Nao Victoria floating wind farm was named after the ship of the Magellan-Elcano expedition that completed the first circumnavigation of the Earth in the 16th century. The wind farm will stretch across a 310-sq-km area in the Alboran... Continue Reading →
(TN) Australian renewable green energy developer Fortescue Future Industries (FFI) and Enel's global renewable energy arm, Enel Green Power S.p.A. (EGP), today announced that they will partner to explore the co-development of the green hydrogen value chain, with an initial focus on Latin America and Australia. FFI and EGP share a common view on the... Continue Reading →
(OE) Sonadrill, Seadrill's 50:50 joint venture with an affiliate of Sonangol, has secured a 12-well extension in Angola for the Libongos drillship at $402,500 per day. The total contract value for the firm part of the deal is around $327 million, inclusive of additional services, Seadrill said. The contract is expected to start in the... Continue Reading →
(OED) Mainstream Renewable Power and Ocean Winds said Wendesdayhave signed the seabed lease agreement with Crown Estate Scotland to the value of £36million for the development of a 1.8 GW floating offshore wind farm off Shetland. The companies were appointed preferred bidder by Crown Estate Scotland during the ScotWind clearing process in August 2022. With... Continue Reading →
Canada’s CGX Energy and Frontera Energy, partners in the Corentyne block offshore Guyana, have revised the spud window for their second exploration well on this block since the rig, which has been hired to carry out drilling operations, has run into delays on its current assignment. Following positive results from the first well, Kawa-1, Frontera Energy... Continue Reading →
(Reuters) - Venezuela is allowing partners in state oil company PDVSA's joint ventures to leave - by selling their shares to others or returning them - so long as they forgo payment for past debts and unpaid dividends, four people close to the matter said. Having to take a loss or relinquish unpaid debt has... Continue Reading →
Brazil Energy Insight 