(Reuters) - Portugal will launch a pioneering auction in the second half of this year for rights to sell hydrogen for injection into the national gas grid, which some see as a key step in kickstarting Europe’s fledgling hydrogen market. Under the terms of the auction, energy group Galp Energia will contract to buy hydrogen... Continue Reading →
Japan’s TEPCO to develop 1.9 GW floating wind power in Scotland
(Reuters) - Tokyo Electric Power Company Holdings (TEPCO) (9501.T) said on Monday that it had won the rights to develop up to 1.9 gigawatts (GW) of floating offshore wind capacity across two projects in Scotland together with Norway-based company Vargronn. Many once-conventional energy and power companies around the globe are switching their attention to renewable energy, such... Continue Reading →
French Gov’t Selects Corio, Qair JV for Two Offshore Wind Tenders
The French government has selected Energies du Méridien, a new offshore wind consortium comprising Corio Generation and Qair, to take part in upcoming offshore wind project tenders totaling about 2.5 GW. French Directorate General for Energy and Climate has shortlisted the consortium for two fixed-bottom offshore wind tenders that were launched in parallel in December... Continue Reading →
Canada Starts Offshore Wind Development Assessments
The government of Canada has, together with the government of Nova Scotia and the government of Newfoundland and Labrador, launched the start of the regional assessments of offshore wind development in the two provinces. The recently released Agreement and Terms of Reference outline how the assessments will be conducted, and sets out their goals, objectives,... Continue Reading →
Turning Brazil into world’s fourth largest oil producer with new hydrocarbon exploration program
Brazilian Ministry of Mines and Energy (MME) is setting the wheels into motion to launch a program, which would step up investments in oil and natural gas exploration to promote regional development and foster national production while making Brazil the fourth largest oil producer in the world. To this end, Brazil’s Minister of Mines and... Continue Reading →
Brazilian Authorities Launch Probe Against Sembcorp Marine Unit
(OE) Brazilian authorities have reportedly launched a preliminary investigation into the Brazilian subsidiary of the Singapore-based marine and offshore engineering group Sembcorp Marine. "Sembcorp Marine Ltd wishes to inform that it has come to its knowledge that the Office of the Comptroller General of Brazil (“CGU”) has published a notice in the Official Gazette (the... Continue Reading →
Brazil: Investments in exploration to reach U$1.5 billion in 2023, drilling up to 33 wells
(PN) Exploration of new oil wells in Brazil will receive around US$ 1.5 billion in investments in 2023. The forecast was revealed this week by the National Petroleum Agency (ANP), which published the data in a new panel dynamic on contracts in the exploration phase. The largest share of funds (US$ 1.1 billion) will be... Continue Reading →
Crown Estate Scotland Selects 13 Offshore Wind Projects to Decarbonize Oil Platforms
(OE) Crown Estate Scotland has announced the results of the world’s first leasing round designed to enable offshore wind energy to supply offshore oil and gas platforms directly. Thirteen projects have been offered exclusivity agreements. INTOG (Innovation and Targeted Oil & Gas) leasing aims to attract investment in innovative offshore wind projects in Scottish waters,... Continue Reading →
Mexico’s Pemex and Talos-led consortium hand over Zama development plan to regulator
(Reuters) - Mexican state oil company Pemex and a consortium led by U.S. firm Talos Energy (TALO.N) delivered a development plan for the Zama oil field to Mexico's oil regulator on Thursday, Pemex said. The plan includes two offshore platforms and the drilling of 46 wells, as well as the transportation of oil and gas to the... Continue Reading →
RWE’s Kaskasi Offshore Wind Farm Starts Regular Operation
German offshore wind developer RWE said Thursday that its offshore wind farm Kaskasi, located around 35 kilometers north of the island of Heligoland, Germany, had officially started regular operation. With an installed capacity of 342 megawatts (MW), Kaskasi can supply the equivalent of over 400,000 households with electricity. The 38 wind turbines of Kaskasi were... Continue Reading →