The U.S. Department of Energy (DOE) has warned New Fortress Energy if any portion of its Altamira floating liquefied natural gas (LNG) project is located onshore Mexico, the company will have to resubmit its application for an export permit. New Fortress's $1.3 billion Altamira LNG project was expected to start shipping the superchilled gas this... Continue Reading →
Petrobras announces new oil discovery at Sagitario prospect in the Santos Basin
(PN) Petrobras informed the National Petroleum Agency (ANP) that it found new signs of oil in well 3-BRSA-1388DA-SPS, located in block S-M-623, where the Sagitario prospect is located. The discovery took place in a water depth of 1,866 meters, in the pre-salt of the Santos Basin. The first discoveries of signs of oil in block... Continue Reading →
Portugal Launches Initial Phase of Offshore Wind Tendering Process
(OW) The Portuguese government launched the initial stage of the offshore wind competitive procedure on 31 October by issuing a call for expressions of interest (EoIs) that will stay open until 14 November. An expression of interest is not binding and does not constitute a precondition for proceeding with the remaining stages of the competitive... Continue Reading →
US Approves Dominion Energy’s 2.6 GW Coastal Virginia Offshore Wind Project
The US Department of Interior (DOI) has approved the construction and operations plan (COP) for Dominion Energy’s 2.6 GW Coastal Virginia Offshore Wind (CVOW) project. Dominion Energy submitted COP to the US Bureau of Ocean Energy Management (BOEM) for the offshore wind farm in December 2020. The Record of Decision (ROD) documents the decision to approve the... Continue Reading →
BOEM Identifies Four New Wind Areas Offshore Gulf of Mexico, Plans Another Lease Sale
(OW) The US Bureau of Ocean Energy Management (BOEM) has finalized four new wind energy areas (WEAS) in the Gulf of Mexico that could support offshore wind projects with the potential to produce enough renewable energy to power more than three million homes. The four WEAs include Option J, 495,567 acres located approximately 47.2 miles off... Continue Reading →
Equinor to Take Part in First Norway Offshore Wind Auction
(Reuters) Norwegian energy firm Equinor will submit a proposal to pre-qualify for Norway's first offshore wind auction, the company's CEO Anders Opedal told Reuters last Friday. Equinor has formed a consortium with Germany's RWE for Soerlige Nordsjoe II, an area in shallower waters close to the maritime border with Denmark, where Norway is offering 1.5 gigawatts (GW)... Continue Reading →
Colombia to Take Offshore Wind Farm Bids in August 2024
(Reuters) Colombia will receive offers for offshore wind blocks in August 2024, according to a timeline published by the government on Friday, following a presentation it gave to private companies and European government representatives. The government of President Gustavo Petro, Colombia's first leftist leader, has said he intends to wean the Andean country off its... Continue Reading →
Exxon, TotalEnergies Bid for Shallow-water Guyana Oil and Gas Blocks
(Reuters) Oil production consortia led by TotalEnergies and Exxon Mobil bid on separate shallow-water oil and gas blocks in Guyana's first competitive auction, a government official said in a briefing on Thursday. The official disclosed which companies had bid on which of the 11 shallow and three deep-water territories made available this year. No further... Continue Reading →
Statkraft Buys Swedish Company with 21 GW Offshore Wind Portfolio
(OW) Vindkraft Värmland and Njordr, the Nordic developer, have sold 100 per cent of the shares in the joint company, Njordr Offshore Wind (NOW), to Statkraft. NOW holds a pre-permit portfolio of nine offshore wind projects in the Swedish economic zone with a total potential for up to 21 GW of installed capacity. The portfolio... Continue Reading →
Petrobras on CARF judgment result
Petróleo Brasileiro S.A. – Petrobras informs that, in a session held today, the Second Panel of the Superior Chamber of Tax Appeals (CSRF), a body of the Administrative Council of Tax Appeals (CARF), heard and granted, by majority vote, the appeal filed by the National Treasury, limiting the deductibility of regular contributions, in a Private... Continue Reading →