(Reuters) Colombia's national environmental licensing agency (ANLA) on Friday said it has awarded an environmental license to Anadarko Colombia Company, a subsidiary of Occidental Petroleum, to carry out oil and gas exploration in the country's Caribbean waters. The exploration will take place in Block Col-1, the ANLA said in a statement, where Environment Minister Susana... Continue Reading →
Brazil Lifts Ban on Saipem’s Business Units
(OE) Saipem SA and Saipem do Brasil have become fully operational with state-owned companies in the Brazilian market following the annulment of the prohibitory sanctions issued by the Federal Court of Brasilia. On December 20, 2024, the Federal District Court of Brasilia, ruling on the petition of Saipem SA and Saipem do Brasil, established that... Continue Reading →
Japan selects two groups for third offshore wind power round
(Reuters) - Japan's industry and land ministries on Tuesday selected two consortiums, one including energy major BP, as operators for two offshore wind blocks in a third major round of public auctions. The results of this round held under a law promoting wind power development, were closely watched by domestic and international energy companies weighing... Continue Reading →
Equinor’s 10% Stake Acquisition in Ørsted Now Completed
(OE) Equinor has completed the acquisition of additional 0.2% in Ørsted, increasing its share to 10% and cementing its position as the second largest shareholder in the company. The transaction makes Equinor the second largest shareholder in Ørsted after the Danish State, which holds a controlling stake. Following approvals under applicable Foreign Direct Investment regulations,... Continue Reading →
California Ports Forge Partnership to Advance Floating Offshore Wind
The California State Lands Commission and the ports of Long Beach and Humboldt have joined forces to advance floating offshore wind development off the California coast. Through this collaboration, they aim to develop critical port infrastructure for wind turbine assembly, with installations planned 20-30 miles offshore Humboldt County and Morro Bay. “This important agreement parlays... Continue Reading →
South Korea offers Equinor floating wind power contract
(Reuters) - Norwegian energy company Equinor has received an offer from the South Korean government for a fixed-price power purchase agreement for a 750-megawatt (MW) floating offshore wind project, the company said on Thursday. "We have received an offer for an offtake contract for our Bandibuli project," an Equinor spokesperson told Reuters. The company will now... Continue Reading →
Shell to Seek Suriname’s Approval for Four-Well Offshore Drilling Plan
(Reuters) BG International, a unit of oil major Shell operating in Suriname, plans to submit a plan to the South American country's environmental agency for drilling up to four exploration wells at offshore Block 65, according to a company document seen on Tuesday. Suriname is progressing toward its first oil and gas production offshore. A... Continue Reading →
Construction Permit Granted for 240 MW Danish Offshore Wind Farm
(offshoreWIND.biz) The Danish Energy Agency (DEA) has issued a construction permit for the 240 MW Jammerland Bugt offshore wind farm, which is planned to be built near Kalundborg, Denmark. The project involves the installation of 16 wind turbines on monopiles and covers an area of 31.1 square kilometres south of Kalundborg, east of the Great Belt,... Continue Reading →
Portugal Ushers in Floating Wind Era
(OE) Portugal is beckoning a new era for offshore wind after officially signing ‘rules of procedure’ for a new Technological Free Zone located off the coast of Viana do Castelo. The news was announced during an international conference in Lisbon promoting offshore wind supply chain development between Portugal and Norway. Addressing the delegation, Portugal’s Secretary... Continue Reading →
Inyanga Marine Energy Group releases innovative design for 20MW tidal energy project in Wales
Inyanga Marine Energy Group has announced the design blueprint for their 20MW HydroWing technology to be deployed at Morlais in Wales. The tidal energy array will incorporate the revolutionary Tocardo T3 turbine for the first time, with each of the twenty HydroWing units to be powered by two T3 turbines. Inyanga Marine Energy Group have... Continue Reading →