Petróleo Brasileiro S.A. – Petrobras, regarding the news published in the media, informs that the information that it expects to obtain the environmental license to drill a well in the FZA-M-059 block in up to six months is not true. On May 25, the company filed a request with the Brazilian Institute for the Environment... Continue Reading →
As farm-out process for block off Uruguay kicks off, multiple oil players show ‘strong’ interest
(OET) Challenger Energy Group, the Isle of Man-headquartered oil and gas company focused on the Caribbean and Americas, has started a farm-out process for a shallow water exploration block located offshore Uruguay, which has already attracted attention from several oil companies. Challenger Energy was awarded the AREA OFF-1 block in May 2020 by Uruguay’s state-owned oil and gas... Continue Reading →
BOEM Completes Environmental Review of Gulf of Mexico Wind Lease Areas
The United States' Bureau of Ocean Energy Management (BOEM) on Tuesday issued a final environmental assessment (EA) on potential impacts from offshore wind leasing on the U.S. Outer Continental Shelf in the Gulf of Mexico, marking another step toward the potential first-ever offshore wind lease sale in the Gulf. The assessment, completed with the help... Continue Reading →
Denmark to take 20% ownership of new offshore wind farms
(Reuters) - The Danish state will take a 20% stake in four planned offshore wind farms with a total capacity of at least 6 gigawatts (GW), the country's ministry of climate, energy and utilities said on Tuesday. Under the terms in the upcoming tenders, developers will compete to offer the state the highest fixed annual... Continue Reading →
Portugal’s first offshore wind auction targets capacity above 1 GW
(Reuters) - Portugal's first auction of licenses to build offshore wind farms, set to be launched by the end of the year, is aimed for projects with a total installed capacity of more than 1 gigawatt (GW), Energy Secretary Ana Fontoura said on Tuesday. In January, the Socialist government announced a public hearing to propose five areas... Continue Reading →
An American Oil Hub Is Pivoting to Offshore Wind
(Bloomberg) — Every morning, more than 600 workers clock in at the Louisiana shipyard where the Eco Edison, the first US-built vessel to service offshore wind farms, is under construction. At quitting time, a parade of pickups and dusty sedans forms a traffic jam on the road back into town, past buildings that serve the... Continue Reading →
Ecopetrol, Repsol make hydrocarbon discovery in Colombia
(Reuters) - Colombian majority-state-owned oil company Ecopetrol and Spanish energy business Repsol have discovered hydrocarbons at the Tinamu-1 exploration well in Colombia's Meta province, the companies said on Monday. The well is located in the CPO-9 block, in which Ecopetrol (ECO.CN) holds a 55% stake and serves as the operator, while Repsol (REP.MC) holds the remaining 45%, the companies... Continue Reading →
Petrobras on Natural Gas commercial portfolio
Petróleo Brasileiro S.A. – Petrobras informs that it has approved new natural gas sales products and is participating in the competitive public call processes for state distributors with the new commercial portfolio. With the opening of the natural gas market, which already has contracts with more than 14 suppliers, the company has developed a new... Continue Reading →
ExxonMobil taps Texas-based firm for gas-to-energy project off Guyana
(OET) Texas-based oil and gas services company Trendsetter Engineering has secured a contract with ExxonMobil Guyana for its gas-to-energy project offshore Guyana. Under the contract awarded by Esso Exploration and Production Guyana, Trendsetter will deliver its TCS subsea connectors, hubs, and an assortment of pressure caps and tooling for the project. The contract also includes... Continue Reading →
TotalEnergies Granted 20-Year License Renewal on Nigerian Offshore Block
French oil major TotalEnergies, operator of OML130 offshore licens in Nigeria, confirmed Monday it had secured the renewal of the production license on this offshore block for 20 years. Located 150 kilometers off the Nigerian coast, the OML130 block contains the prolific Akpo and Egina fields which came into production in 2009 and 2018 respectively. ... Continue Reading →