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(Reuters) - BP PLC (BP.L), opens new tab said on Thursday it was in talks with the Venezuela and Trinidad and Tobago governments to develop a gas field. BP has been seeking to increase its natural gas production in Trinidad to feed into Atlantic LNG's liquefied natural gas export facility. BP's gas output has fallen in the... Continue Reading →
(OE) Ørsted has installed and powered up all 12 turbines at the landmark South Fork project, and the first utility-scale U.S. offshore wind farm has started delivering power to Long Island and the Rockaways, offshore New York. The commissioning of the wind farm is in its final stage, and when at full capacity of 130... Continue Reading →
(OE) Equinor has received an approval from the Federal Energy Regulatory Commission (FERC) to connect the Empire Wind 1 offshore wind project directly into the New York City’s transmission system. Approved on March 1, the Large Generator Interconnection Agreement (LGIA) executed between Equinor's Empire Wind 1 project, New York ISO (NYISO) and Consolidated Edison Company... Continue Reading →
(OE) Renantis and BlueFloat Energy have submitted the Environmental Impact Assessment (EIA) for Kailia Energia floating wind farm, the second offshore wind project being developed in Italy by the partners. Kailia Offshore Wind Project will be located off the coastline between Brindisi and San Cataldo, off the coast of Puglia. The project proposes the installation... Continue Reading →
(OM) The Zama offshore oilfield development project operated by state company Pemex has been “delayed for the right reasons,” according to Talos Energy Chief Executive Tim Duncan. Duncan said that the delay will allow needed changes to the engineering design that will enable the project to move forward. Duncan was quoted by Reuters in a... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras, regarding the article "Presentation to analysts in NY would have signaled payment of dividends by Petrobras", published in Valor, clarifies that the company did not promise or signal any indication of extraordinary dividends at the event held with analysts and investors on 01/30/2024 and 01/31/2024. Petrobras seeks to be transparent... Continue Reading →
(OE) Oilfield services firm Archer has secured a $20 million contract from Trident Energy to provide its well interventions and platform drilling services in Brazil. Archer will provide comprehensive platform drilling services, including well interventions for regulatory requirements, workover and drilling operations, well maintenance and drilling facilities engineering, to enhance Trident Energy's offshore assets in... Continue Reading →
(Reuters) Japan's government on Tuesday approved a draft amendment to existing legislation to allow for the installation of offshore wind power in exclusive economic zones (EEZ), a milestone towards the country's goal of carbon neutrality by 2050. Japan aims to have 10 gigawatts (GW) of offshore wind power projects by 2030 and up to 45... Continue Reading →
(Offshore-energy.biz) Isle of Man-headquartered oil and gas player Challenger Energy Group (CEG) has formally signed a license for a shallow water exploration block off the coast of Uruguay. Aside from embarking on technical work, the firm intends to go on the lookout for partners to enable an early farm-out. After Challenger Energy submitted a bid for the AREA OFF-3 block... Continue Reading →
This free translation may be of interest Article by Paloma Amorin and Thiago Silva partners at Vieira Rezende Advogados (epbr) The development of the offshore wind sector in Brazil requires the consolidation of a robust legal and regulatory framework. Although there has been a framework approved since 2022 (Decree 10,946/2022), several pending regulatory actions remain... Continue Reading →
