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(OW) The US offshore wind sector has gotten its new official guidance that can be used in the regulatory approval process. The document contains best practices and is said to help accelerate development of the offshore wind industry, shorten regulatory timelines, and increase worker safety. The American National Standards Institute (ANSI) Board of Standards Review... Continue Reading →
The P-68 platform vessel, which operates in the Berbigão and Sururu fields, in the Santos Basin pre-salt, broke a daily production record on the 8th. According to a Petrobras statement, the platform produced a volume of 161,756 barrels of oil per day (bpd). This milestone was reached with the entry into production of the ninth... Continue Reading →
3R PETROLEUM ÓLEO E GÁS S.A. (“3R” or “Company”), following best practices in corporate governance and transparency, informs its investors and the market in general the preliminary unaudited production data for September 2022 in the assets that the Company holds participation. The Company is the operator of Macau, Areia Branca, Fazenda Belém, Rio Ventura, Recôncavo... Continue Reading →
The National Petroleum Agency (ANP) released preliminary production data for the month of August. Brazil hit the mark of oil production of 3.967 million barrels of oil equivalent per day (MMboe/d), with 3.087 million barrels per day (MMbbl/d) of oil and 139.96 million cubic meters per day ( MMm3/d) of natural gas. In the pre-salt,... Continue Reading →
The heightened focus on energy security and the rising cost of energy is reinforcing the difference in decarbonization speed between Europe and the rest of the world, according to the sixth edition of DNV’s Energy Transition Outlook. Europe, which can be regarded as the leader of the energy transition, will double down on renewables and energy... Continue Reading →
(Reuters) Ecuador is planning to offer, most likely in 2024, blocks for offshore exploration and production of natural gas at the Gulf of Guayaquil, following auctions for onshore areas to be completed next year, Energy Minister Xavier Vera said on Monday. Vera expects to greenlight a proposal in the coming months once blocks are defined... Continue Reading →
Petrobras sent a document to the Securities and Exchange Commission (CVM) denying any internal movement to change the composition of its current board. The company's statement comes after rumors circulated in the press over the last week, indicating that the government would be interested in changing the company's board. According to the news, the federal... Continue Reading →
(OE) The Crown Estate for England, Wales, and Northern Ireland has updated developers on the design of the tender process for seabed leasing for floating wind energy in the Celtic Sea. The Celtic Sea program is intended to provide 4GW of renewable energy capacity by 2035, with the region assessed to have the economic potential... Continue Reading →
(OW) The US Bureau of Ocean Energy Management (BOEM) has issued a finding of no significant impacts (FONSI) to environmental resources from potential offshore wind energy leasing activities in the Morro Bay Wind Energy Area (WEA), located off the coast of San Luis Obispo County in central California. On 5 October, the Bureau announced it... Continue Reading →
(PN) The National Petroleum Agency (ANP) approved the revision of the Development Plan for the Baúna field, presented by Australian Karoon – operator of the area. With the actions proposed in the plan, the oil company intends to invest around US$ 378 million in the field, increasing the oil reserves and the recovery factor in... Continue Reading →
Brazil Energy Insight 