Sept. 4 (offshoreWIND.biz) A consortium between TotalEnergies and RWE has won the Centre Manche 2 tender to develop a 1.5 GW offshore wind farm off the coast of Normandy, making it the largest renewable energy initiative in France to date. As part of a strategic review of its investment, RWE has expressed the wish to... Continue Reading →
Petrobras and Its Partners Launch the Largest Onshore Wind Turbine
Sept. 24 (Zack's) Petrobras PBR, in collaboration with WEG SA and Norway’s Statkraft AS, has launched the most powerful onshore wind turbine ever installed in Brazil. Located in Bahia state, this 7-megawatt (“MW”) turbine marks a transformative moment for renewable energy in the region and sets a new benchmark for the country’s wind power sector. Strategic... Continue Reading →
ANP Expects R$17Billion in Investments from the Extension of Round Zero Onshore Contracts
The Brazilian oil and gas sector is expected to receive approximately R$17 billion in new onshore investments from the extension of contracts for 139 onshore oil and natural gas production fields originated in Round Zero. This figure was released by the National Petroleum Agency (ANP). The so-called Round Zero was held in 1998, following the... Continue Reading →
Oil firms ask Brazil antitrust watchdog to intervene in Subsea7–Saipem merger
Sept 23 (Reuters) - Exxon Mobil, Brazilian state-run Petrobras and oil services provider TechnipFMC petitioned the country's antitrust regulator Cade to intervene in a merger between energy contractors Subsea7 and Saipem, public documents seen by Reuters show. In filings submitted on Thursday, the firms said the merger between Norway's Subsea7 and Italy's Saipem would bring a level of concentration... Continue Reading →
Orsted Shares Rise After Court Win Against Trump Administration
Sept. 23 (Reuters) Orsted shares rose on Tuesday after a U.S. federal judge ruled it could resume work on an almost completed offshore wind project in the United States, delivering a win for an industry under sustained attack from President Donald Trump. But the victory may prove short-lived, as analysts warn the White House could appeal the decision or... Continue Reading →
ANP Approves Inclusion of 275 New Blocks in the Permanent Concession Offer
Sept. 23 (TN) The ANP Board of Directors approved the inclusion of 275 new blocks and five areas with marginal accumulations in the Permanent Concession Offer (OPC) notice, located in the Campos, Ceará, Espírito Santo, Parnaíba, Potiguar, Recôncavo, Santos, São Francisco, Tacutu, and Tucano Sul basins. The new version of the notice, including the approved... Continue Reading →
US Federal Judge Grants Go Ahead for Orsted Offshore Wind Project
Sept. 22 (Reuters) Danish offshore wind developer Orsted can restart work on the nearly finished Revolution Wind project off the coast of Rhode Island, a federal judge ruled on Monday, after President Donald Trump's administration halted the project last month. The ruling is a legal setback for Trump, who has sought to block expansion of offshore wind in U.S. waters. It is a palpable... Continue Reading →
Exxon greenlights $6.8 billion investment for Hammerhead project in Guyana
Sept 22 (Reuters) - Exxon Mobil said on Monday it greenlit funding its seventh development project in Guyana called Hammerhead, bringing its oil joint venture another step closer to its goal of producing 1.7 million barrels of oil equivalent per day by 2030 from the country. The prolific Stabroek Block off the coast of Guyana is... Continue Reading →
US court weighs Trump halt on Rhode Island offshore wind project
Sept 22 (Reuters) - A federal judge on Monday will consider a request by Danish offshore wind developer Orsted to restart work on the nearly finished Revolution Wind project, which President Donald Trump's administration halted last month. Orsted and its joint venture partner Skyborn Renewables are asking Judge Royce Lamberth of the U.S. District Court in... Continue Reading →
Canada Readies for Offshore Wind
Sept. 21 (OE) Sean Fraser, Canada’s Minister responsible for the Atlantic Canada Opportunities Agency, has announced that strategic direction has been given to the Canada–Nova Scotia Offshore Energy Regulator as a next step toward realizing Canada’s first-ever offshore wind project. Fraser made the announcement on behalf of Tim Hodgson, Canada’s Minister of Energy and Natural... Continue Reading →