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Aug. 26 (PN) -The Buzios field, located in the pre-salt layer of the Santos Basin, set a new record for natural gas exports in July. During that period, the asset reached an average of 10.8 million cubic meters per day, underscoring the expansion of production destined for the Brazilian market and the operational reliability of... Continue Reading →
Aug. 13 (Estadao) Seatrium, a marine engineering multinational expanding its global offshore wind operations, sees Brazil as a market ripe for development and hopes to leverage its local infrastructure to manufacture substations and vessels dedicated to the sector. However, the company is making any planning contingent on the maturation of the legal framework. It has... Continue Reading →
Aug. 11 (Forbes) An innovative pilot project in the Netherlands - focused on energy transition solutions - has reached a milestone moment of producing its first batch of green hydrogen on an active natural gas platform in the North Sea. The project - PosHYdon - led by a consortium of partners with support of the Dutch Ministry... Continue Reading →
Aug. 11 (Reuters) Nigerian President Bola Tinubu approved a new regulatory and fiscal framework for offshore oil and gas projects, his office said on Tuesday, a move the government says could attract up to $50 billion in investment and revive long-delayed developments. Nigeria has struggled in recent years to attract new upstream oil investment amid... Continue Reading →
Aug. 7 (offshoreWIND.biz) RWE and the US Department of the Interior (DOI) have reached a settlement agreement under which RWE will relinquish its offshore wind leases in the New York Bight and off the coasts of California and Louisiana in exchange for USD 1.22 billion (around EUR 1.06 billion) in settlement funds. The agreement resolves... Continue Reading →
Aug. 3 (OE)Dominion Energy has updated the construction schedule for its 2.6 GW Coastal Virginia Offshore Wind (CVOW) project, with installation of the 176th and final wind turbine now expected by the end of 2027, while reporting the project was approximately 81% complete as of July 31. Construction has continued to advance across the project's... Continue Reading →
July 28 (OE) Demand for high-capability offshore support vessels for floating offshore wind is expected to strengthen in the late 2020s, with availability constraints emerging in some segments as early as 2029, according to a new report from ABS. Produced by ABS in collaboration with Intelatus Global Partners, Floating Offshore Wind and the Vessels That Support... Continue Reading →
July 21 (OE) CorPower Ocean has been awarded the world’s first DNV Prototype Certificate for a wave energy converter (WEC), marking a major leap towards bankable, utility-scale wave energy. The CorPower C4 has been certified by DNV under DNV-SE-0120, Certification of Wave Energy Converters and Arrays, following independent verification. The certificate confirms the technology meets... Continue Reading →
