- PRIO S.A. (“Company” or “PRIO”) (B3: PRIO3), following best practices incorporate governance and transparency, informs its preliminary and non-audited Operational Data for the month of December. Key: (1) In the Polvo and Tubarão Martelo cluster, production was affected by the shutdown of wells TBMT-10H and TBMT-4H due to the failure of the Submerged Centrifugal... Continue Reading →
CEG farm-out process offshore Uruguay and decision on assets in Trinidad & Bahamas coming in mid-2025
(offshore-energy.biz) Isle of Man-headquartered oil and gas company Challenger Energy Group (CEG) is making progress in setting the stage to embark on a formal farm-out process later this year for a shallow water exploration block off the coast of Uruguay. As the firm is also expected to make up its mind about assets in Trinidad and... Continue Reading →
DOE: US Can Recycle 90% of Wind Turbine Mass
(OE) A new report from the U.S. Department of Energy (DOE) outlines recommendations that could increase the recycling and reuse of decommissioned wind energy equipment and materials to create a more circular economy and sustainable supply chain. The research reveals that existing U.S. infrastructure could process 90% of the mass of decommissioned wind turbines. However,... Continue Reading →
Australian Oil and Gas Firm Joins Sonangol’s Offshore Block in Angola
(OE) Australian oil and gas company Red Sky Energy has signed a risk service contract with the Angolan National Agency for Oil, Gas and Biofuels (ANPG), acquiring 35% interest in Sonangol-operated Block 6/24 in the Kwanza Basin, offshore Angola. Sonangol E&P is the operator of the Block with a 50% participating interest. Red Sky Energy... Continue Reading →
Suriname oil development could be most expensive to date in Guyana Basin
(oilnow.gy) Staatsolie said Suriname’s first oil development in the shared basin could cost US$13.2 billion. This would represent the highest development expense for such a project, costing more than any of the six projects already sanctioned for nearby Guyana in the same basin. TotalEnergies, the operator for the Gran Morgu project, had said the project’s estimated cost is... Continue Reading →
BOEM Advances Offshore Wind Leasing in Guam
In support of the current administration’s goals to deploy 30 gigawatts (GW) of offshore wind energy capacity by 2030 and 15 GW of floating offshore wind energy capacity by 2035, the Bureau of Ocean Energy Management (BOEM) today announced the publication of a Call for Information and Nominations (Call) for possible wind energy leasing off... Continue Reading →
Foreign Investment Fuels Colombia’s Green Energy Revolution
(Oilprice.com) Colombia is a major producer of oil and gas and is steadily developing its renewable energy industry. In 2016, the South American state launched its Energy Plan 2050, aimed at diversifying the country’s energy mix to include wind power plants, solar PV, and geothermal energy generation, and ensure a reliable energy supply in the... Continue Reading →
Brava Energia – Start of the FPSO Atlanta production
BRAVA ENERGIA S.A. (“BRAVA” or "Company") (B3: BRAV3), pursuant to CVM Resolution No. 44, in sequence of the Material Fact disclosed on December 30, 2024 regarding the authorization of the National Agency of Petroleum, Natural Gas and Biofuels (“ANP”) for the start of operations of the FPSO Atlanta (Definitive System), informs its investors and the... Continue Reading →
Brava Energia – closing of acquisition of participation in Parque das Baleias
BRAVA ENERGIA S.A. (“BRAVA” or "Company") (B3: BRAV3), pursuant to CVM Resolution No. 44, and following the material fact disclosed on December 25, 2023, hereby informs its investors and the market in general that, after meeting all precedent conditions and with the approval of the National Agency of Petroleum, Natural Gas and Biofuels (ANP), has... Continue Reading →
Consortia Led by EDF, Ocean Winds Win French Floating Wind Tender
(offshoreWIND.biz) French government today, 27 December, announced the winners of the AO6 tender which offered two 250 MW floating wind sites in the Mediterranean Sea. The winning proposals were placed by a consortium comprising Ocean Winds and Banque des Territoires and a consortium between EDF Renewables and Maple Power. The Ocean Winds-led partnership secured the... Continue Reading →