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Petróleo Brasileiro S.A. - Petrobras informs that it has identified the presence of hydrocarbons in the Campos Basin pre-salt, in an exploratory well of Norte de Brava block. Well 1-BRSA-1394-RJS is located 105 km from the state of Rio de Janeiro, at a water depth of 575 meters. The drilling of the well has been... Continue Reading →
(OE) Copenhagen Infrastructure Partners (CIP), through its fund Copenhagen Infrastructure V (CI V), has reached financial close on the 495 MW Fengmiao I offshore wind project off the coast of Taichung in Taiwan. Fengmiao I project has secured an approximately $3.1 billion project financing from 27 international and Taiwanese banks. A portion of the project... Continue Reading →
(offshoreWIND.biz) The Nova Scotia Department of Energy and Natural Resources Canada has proposed five areas for the development of offshore wind farms. A regional assessment initially identified eight potential areas for offshore wind development. However, after further review, the governments shortlisted five to proceed as wind energy areas (WEAs). The five proposed WEAs are French... Continue Reading →
(rivieramm.com) Japan’s cabinet has approved a bill amendment that will allow offshore wind projects to be built in the country’s Exclusive Economic Zone (EEZ). The Global Wind Energy Council (GWEC) said the legislative procedure for the bill is "progressing smoothly" and now moves to the Diet for further deliberation. If approved during the ordinary Diet... Continue Reading →
Petróleo Brasileiro S.A. - Petrobras informs that it has identified the presence of hydrocarbons in the Santos Basin pre-salt, in an exploratory well of Aram block. Well 4-BRSA-1395-SPS is located 245 km from the city of Santos-SP, at a water depth of 1,759 meters. The well is currently being drilled, and the hydrocarbon-bearing interval has... Continue Reading →
(Reuters) Brazilian state-run oil company Petrobras and its Colombian counterpart Ecopetrol could have the licenses needed for moving forward a joint offshore gas project in Colombia by mid-2026, said Orlando Velandia, head of Colombia's hydrocarbons regulator. Some 6 trillion cubic feet (TCF) of natural gas reserves have been confirmed, making the project commercial. The partners... Continue Reading →
(oilprice.com) Guyana’s government has officially yanked the plug on the Frontera-CGX joint venture, canceling its oil prospecting license for the Corentyne block. The writing had been on the wall since February, when officials gave the JV a 30-day warning. Now, it’s official. The Corentyne block was supposed to be a much-needed diversification play in Guyana’s... Continue Reading →
(Reuters) Petrobras obtained approval from the country's environmental agency to clear corals from the underside of the drilling vessel it plans to use in the Foz do Amazonas region, Reuters reports. Its February 10 request was granted on Monday for the vessel the state-run firm will send to drill off the coast of the northern Amapa state if... Continue Reading →
(OE) Lloyd's Register (LR) and Fugro have signed a block fee agreement to streamline the in-service certification and maintenance of Fugro’s growing fleet of autonomous uncrewed surface vessels (USVs). The strategic move is expected to simplify the certification process, enabling faster deployment and ensuring continued compliance with LR’s Code for Unmanned Marine Systems (UMS). LR... Continue Reading →
(Reuters) - The eighth energy project in Guyana of a consortium led by U.S. major Exxon Mobil will produce up to 1.5 billion cubic feet per day (bcfd) of natural gas and 290,000 barrels per day on condensate through a floating production facility that will have capacity to export the fuel, the group told the government.... Continue Reading →
Brazil Energy Insight 