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(OE) Salamander Offshore Wind Farm, a project being developed by a joint venture between Ørsted, Simply Blue Group and Subsea7, has submitted its consent applications for the onshore aspects of its proposed 100 MW floating wind development. The applications outline Salamander’s plans for the onshore components of its proposed development, according to the joint venture... Continue Reading →
– Petróleo Brasileiro S.A. – Petrobras informs that its Board of Directors has approved the company's operations in South Africa, enabling the acquisition of a stake in the Deep Western Orange Basin (DWOB) block, through a competitive process conducted by TotalEnergies. The DWOB block is located in deep waters in the Orange Basin, where there... Continue Reading →
9 September 2024 Vestas has secured an 810 MW offshore order from Equinor to power New York’s Empire Wind 1 offshore wind project. The order includes 54 V236-15.0 MW turbines and marks Vestas’ first order in the U.S. for an offshore platform and its industry-leading, type-certified V236-15.0 MW turbine. The order includes supply, delivery, and... Continue Reading →
(Reuters) - The U.S. Federal Trade Commission allowed Chevron's $53 billion purchase of Hess Corp on Monday, in an order that barred Hess CEO John Hess from Chevron's board. The FTC's order leaves Exxon Mobil's challenge to the deal, which is expected to stretch deep into next year, as its final hurdle. The proposed merger included a Chevron... Continue Reading →
(OE) The Bureau of Ocean Energy Management (BOEM) has decided to delay the offshore wind energy auction planned for potential lease areas offshore Oregon due to insufficient bidder interest at this time. On August 29, 2024, the Department of the Interior announced the Final Sale Notice (FSN) for offshore wind leasing on the Outer Continental... Continue Reading →
(Reuters) Trinidad and Tobago selected oil and gas producer Shell as the preferred bidder for a shallow water block, beating out bids from BP and EOG Resources, three people close to the process said. Trinidad and Tobago has in recent years struggled to feed its liquefied natural gas and petrochemical plants as its natural gas... Continue Reading →
September 27, 2024 - PRIO S.A. hereby informs its shareholders and the market in general that it has signed today a Sale and Purchase Agreement with SPEP Energy Hong Kong Limited and Sinochem International Oil (Hong Kong) Company Limited (“Sinochem”) for the acquisition of Sinochem Petroleum Netherlands Coöperatief U.A., which indirectly holds a 40% interest in... Continue Reading →
BRAVA ENERGIA S.A. (“BRAVA”) pursuant to CVM Resolution No. 44, hereby, and following the material fact issued on March 21st, 2024 hereby informs its investors and the market in general that after fulfillment of all the precedent conditions, and authorization from the National Agency of Petroleum, Natural Gas and Biofuels (“ANP”), the closing of the... Continue Reading →
(Reuters) - The main focus of Brazil state-run oil firm Petrobras remains in its home country, its director of exploration and production said on Thursday, adding that Brazil was a priority even as it intends to expand into Africa. Petrobras has been publicly showing interest in expanding its oil fields in Africa as it seeks to... Continue Reading →
Philip Lewis, Contributor - Director Research at Intelatus Global Partners.. (OE) We are fast approaching a potential inflection point for the U.S. offshore wind industry, the November 2024 elections. On the positive side of the scale, federal and state leases supporting approximately 63 gigawatts (GW) of offshore wind capacity have been awarded to developers on the... Continue Reading →
Brazil Energy Insight 