(offshore-energy.biz) France’s energy giant TotalEnergies is getting ready to embark on drilling activities off the coast of Suriname with a drillship owned by Stena Drilling, an offshore drilling contractor. TotalEnergies has set its cap on drilling the Macaw-1 exploration well in Block 64 by mid-May 2025, according to Suriname’s national oil company (NOC), Staatsolie Maatschappij Suriname (Staatsolie). This... Continue Reading →
Vestas Records First Quarter Profit Despite Predictions
(Reuters) Wind turbine maker Vestas on Tuesday reported an unexpected operating profit for the first quarter, contrary to analysts' predictions of a loss, and kept its outlook for the year unchanged despite geopolitical uncertainty. The Danish company reported an operating profit before special items of 14 million euros ($15.8 million) against a year-earlier loss of... Continue Reading →
Bermuda Seeks Developers for First Offshore Wind Project
(offshoreWIND.biz) The Regulatory Authority (RA) of Bermuda has commenced the procurement process for the island’s first offshore wind project. The RA is inviting developers to express their interest in building and operating the offshore wind project, which is expected to be rolled out in phases, beginning with an initial installed capacity of 60 MW, expanding... Continue Reading →
Challenger selling Trinidad assets to focus on blocks off Uruguay
(offshore-energt.biz) Isle of Man-headquartered oil and gas company Challenger Energy Group (CEG) has provided updates on the reprocessing work being carried out offshore Uruguay and the sale of its assets onshore Trinidad and Tobago. Expressing satisfaction with how Challenger Energy is currently positioned, the oil and gas company’s CEO, Eytan Uliel, said in a recent update that his... Continue Reading →
TotalEnergies seeks permit for $16 billion green hydrogen project in Chile
(Reuters) - Subsidiaries of energy major TotalEnergies have applied for an environmental permit for a $16 billion green hydrogen and ammonia project in southern Chile, a regulatory filing showed on Monday. The project, run by the Chilean subsidiary TEC H2 MAG, is expected to begin operations in 2030 and includes a wind farm, seven electrolysis centers... Continue Reading →
Democratic-led states sue to block Trump’s halting of wind projects
(Reuters) - A coalition of Democratic state attorneys general sued on Monday in a bid to block President Donald Trump's move to suspend leasing and permitting of new wind projects, saying it threatens to cripple the wind industry and a key source of clean energy. Seventeen states and the District of Columbia in a lawsuit filed in federal... Continue Reading →
BW Energy Takes FID for Maromba Field Offshore Brazil
(OE) BW Energy has made a final investment decision (FID) for the Maromba development offshore Brazil, which will feature an integrated drilling and wellhead platform (WHP) and a refurbished floating production, storage and offloading (FPSO) unit. The Maromba development targets 500 million barrels of oil in place in the highly delineated and tested Maastrichtian sands.... Continue Reading →
Southern Energy Partners Reach FID for FLNG Export Project in Argentina
(OE) Pan American Energy and its partners Pampa Energia, Harbour Energy, YPF, and Golar LNG have taken the final investment decision (FID) for the Southern Energy floating liquefied natural gas (FLNG) export project in Argentina. The Southern Energy FLNG project which envisages deploying two of Golar LNG's FLNG vessels - the Hilli Episeyo and MK... Continue Reading →
PRIO Acquisition of Interest in the Peregrino Field
PRIO S.A. (“Company” or “PRIO”) (B3: PRIO3), informs its shareholders and the market in general that it has signed contracts with Equinor Brasil Energia Ltda ("Equinor") for the acquisition of 60% interest and operation of the Peregrino and Pitangola Fields ("Field" or "Peregrino"). The deal, which will add 202 million barrels of oil in 1P+1C reserves... Continue Reading →
Petrobras requests authorization to take drill ship to Foz do Amazonas Basin
(PN) Petrobras has requested authorization from Ibama to begin moving the ODN II drillship towards the Foz do Amazonas Basin, on the Equatorial Margin. The vessel's presence in the region is essential for carrying out the so-called Pre-Operational Assessment (APO), which is an oil spill simulation required as part of the environmental licensing process for... Continue Reading →