New Consortium Pursues Floating Offshore Wind Development in Australia

Offshore installation firm Subsea 7, Australian company Spark Renewables, and international floating wind farm developer Simply Blue Group have created a consortium to pursue floating offshore wind development offshore New South Wales (NSW), Australia, in the Hunter and Illawarra regions. According to the consortium, the recently declared Hunter-Central Coast and Illawarra Renewable Energy Zones offer good opportunities to... Continue Reading →

March 22, 2023 0

What are key areas the U.S. needs to jump-start on the road to net-zero by 2050? Wood Mac

(OEM) While energy and climate crises take their toll on countries worldwide, occasionally pulling them in different directions, the energy transition takes root, steadily gaining ground in pursuit of the low-carbon and green shift. As it is estimated that investments amounting to a whopping $10 trillion are needed for the U.S. to reach its net-zero by... Continue Reading →

March 21, 2023 0

Brazil environment agency frustrates Petrobras plan to drill at the Foz do Amazonas

(Reuters) - Brazil's environmental regulator Ibama has asked oil company Petrobras (PETR4.SA) for additional information on its plan to drill at the mouth of the Amazon river before authorizing Petrobras to test its emergency oil spill response, the agency's president Rodrigo Agostinho told Reuters. The request frustrated the hopes of Petrobras to start the drilling test as... Continue Reading →

March 20, 2023 0

The Netherlands chooses site for world’s largest offshore wind-to-hydrogen project

(OEM) The Dutch government has designated an area for what will become the world’s largest offshore hydrogen production project. That area is Ten noorden van de Waddeneilanden (the North of the Wadden Islands), identified earlier for offshore wind development and deemed most suitable for providing 500 MW of electrolysis capacity and for the transport of hydrogen to land.... Continue Reading →

March 20, 2023 0

Petrobras on the Divestment Processes

Petróleo Brasileiro S.A. – Petrobras, following up on the release disclosed on March 1, 2023, informs that its Executive Board has forwarded for the appreciation of the Board of Directors the following proposal for response to Letter 166/2023/GM-MME from the Ministry of Mines and Energy (MME): we carried out a preliminary study on the divestment... Continue Reading →

March 17, 2023 0

Ibama issues operating license for the FPSO Ana Nery

The Brazilian Institute of the Environment (Ibama) issued the operating license for the FPSO Anna Nery, which will be installed in the Marlim field, in the Campos Basin. The document is valid for eight years. The vessel has the capacity to produce up to 70,000 barrels of oil per day and process up to 4... Continue Reading →

March 17, 2023 0

After Delay, BW Energy Expects Closing of Petrobras’ Oil Field Acquisition in Q2 2023

Oslo-listed oil and gas company BW Energy said Thursday the process to acquire Petrobras' interests in working interest in Golfinho and Camarupim deepwater oil fields and the related FPSO from Saipem was about to resume. In June 2022, BW Energy signed an agreement to acquire 100% working interest (WI) in the Golfinho and Camarupim Clusters and 65%... Continue Reading →

March 17, 2023 0

Louisiana’s Request to Oversee Carbon Storage Projects Moving Ahead, EPA says

(Reuters) The U.S. Environmental Protection Agency (EPA) by May should complete a review of Louisiana's request to take on oversight of carbon capture projects, according to a letter to the state, which wants to speed up approvals. Louisiana is seeking to permit and monitor so-called Class VI wells, which bury carbon dioxide and other climate-warming... Continue Reading →

March 16, 2023 0

Would permitting reform get rid of the red tape for U.S. energy infrastructure projects?

While proposals to expedite infrastructure projects are making the rounds in Congress, Wood Mackenzie, an energy intelligence group, believes permitting reform could be part of the solution to the strains created by rapid growth in renewables, as this could help ease U.S. grid bottlenecks. In these turbulent times, marked by a global energy crisis, which... Continue Reading →

March 15, 2023 0

Exxon poised to invest $15 billion in Angolan oil exploration and discoveries

(Bloomberg) – Exxon Mobil Corp. could invest $15 billion through 2030 if it makes commercial oil discoveries in the Namibe Basin, Paulino Jeronimo, chairman for the Angola National Agency for Petroleum, Gas and Biofuels, said in Luanda. ANPG, Exxon and state-owned Sonangol signed an addendum to blocks 30, 44, and 45 in the Namibe Basin... Continue Reading →

March 15, 2023 0

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Category: Regulatory

New Consortium Pursues Floating Offshore Wind Development in Australia

What are key areas the U.S. needs to jump-start on the road to net-zero by 2050? Wood Mac

Brazil environment agency frustrates Petrobras plan to drill at the Foz do Amazonas

The Netherlands chooses site for world’s largest offshore wind-to-hydrogen project

Petrobras on the Divestment Processes

Ibama issues operating license for the FPSO Ana Nery

After Delay, BW Energy Expects Closing of Petrobras’ Oil Field Acquisition in Q2 2023

Louisiana’s Request to Oversee Carbon Storage Projects Moving Ahead, EPA says

Would permitting reform get rid of the red tape for U.S. energy infrastructure projects?

Exxon poised to invest $15 billion in Angolan oil exploration and discoveries

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