Brought to you by Quest Offshore & Southern Cone Consultants
(Reuters) - A group of U.S. congressmen have formally complained about what they call unfair ethanol trade practices by Brazil that includes a blockade of U.S. companies seeking to take part in the Brazilian low-carbon biofuel program RenovaBio. The bipartisan group of 21 members of the U.S. Congress are asking Trade Representative (USTR) Katherine Tai... Continue Reading →
(OW) Public Service Enterprise Group Inc. (PSEG) has completed the sale of its 25 per cent equity interest in 1.1 GW Ocean Wind 1 offshore wind project to Ørsted North America. With this executed agreement, Ørsted North America has reimbursed PSEG for all of its cumulative outlays in the Ocean Wind 1 project and Ørsted... Continue Reading →
(OW) ESB and Ørsted have signed an agreement to jointly develop a portfolio of up to 5 GW of offshore wind and complementary green hydrogen projects in Ireland, with the first of these offshore wind projects expected to compete in the next Irish auction, ORESS 2.1. The agreement also marks Ørsted’s entry into the Irish... Continue Reading →
(REuters) Brazil's Petrobras may look abroad for future growth, two sources with knowledge of the state-run firm's plans told Reuters, after environmental regulators dashed its hopes of exploring near the Amazon River where it had aimed to make its first major domestic oil discovery in over a decade. Petroleo Brasileiro, as the company is formally known,... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras, regarding the news published in the media, informs that the information that it expects to obtain the environmental license to drill a well in the FZA-M-059 block in up to six months is not true. On May 25, the company filed a request with the Brazilian Institute for the Environment... Continue Reading →
The United States' Bureau of Ocean Energy Management (BOEM) on Tuesday issued a final environmental assessment (EA) on potential impacts from offshore wind leasing on the U.S. Outer Continental Shelf in the Gulf of Mexico, marking another step toward the potential first-ever offshore wind lease sale in the Gulf. The assessment, completed with the help... Continue Reading →
(Reuters) - The Danish state will take a 20% stake in four planned offshore wind farms with a total capacity of at least 6 gigawatts (GW), the country's ministry of climate, energy and utilities said on Tuesday. Under the terms in the upcoming tenders, developers will compete to offer the state the highest fixed annual... Continue Reading →
(epbr) The government of Rio Grande do Norte (RN), EDF Renewables and Internacional Energias Renováveis (IER) signed a memorandum of understanding (MoU) for cooperation in offshore wind power generation projects and green hydrogen production in the state. EDF Renewables has ambitions to develop, build and operate a wind farm complex on the high seas, on... Continue Reading →
(Reuters) - Portugal's first auction of licenses to build offshore wind farms, set to be launched by the end of the year, is aimed for projects with a total installed capacity of more than 1 gigawatt (GW), Energy Secretary Ana Fontoura said on Tuesday. In January, the Socialist government announced a public hearing to propose five areas... Continue Reading →
French oil major TotalEnergies, operator of OML130 offshore licens in Nigeria, confirmed Monday it had secured the renewal of the production license on this offshore block for 20 years. Located 150 kilometers off the Nigerian coast, the OML130 block contains the prolific Akpo and Egina fields which came into production in 2009 and 2018 respectively. ... Continue Reading →
Brazil Energy Insight 