Category: Regulatory

Swedish Energy Agency Outlines Where 30 GW of Offshore Wind Could Be Installed, Calls for Prioritising Energy Production in Marine Planning

(OW) The Swedish Energy Agency has issued a report that provides a basis for the country’s marine planning to enable 120 TWh of offshore wind energy production (or 30 GW in generation capacity). However, while the report points to areas that could accommodate further offshore wind capacity, the authorities are yet to designate new marine... Continue Reading →

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Petrobras on Bahia Terra production

Petróleo Brasileiro S.A. – Petrobras, following up on the releases disclosed on 03/31/2023 and 03/14/2023, informs that it obtained, yesterday, on 04/12/2023, authorization from the Agência Nacional do Petróleo, Gás Natural e Biocombustíveis (ANP) to resume production from the facilities of the Fazenda Bálsamo field, continuing the clearance works at the Bahia Terra Cluster (Cluster).... Continue Reading →

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Shell and Hexicon Appoint K2 Management as Lender’s Technical Advisor for South Korean Floating Wind Farm

Shell and Hexicon, through their joint venture in South Korea, have appointed K2 Management (K2M) as Lender’s Technical Advisor for the MunmuBaram project, a 1.3 GW floating wind farm planned to be built between 65 and 80 kilometres offshore the city of Ulsan.  The Denmark-headquartered K2 Management will first review the general project status and... Continue Reading →

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