(offshoreWIND.biz) The Crown Estate has invited proposals from the pre-qualified bidders in the Round 5 seabed leasing process which will award up to 4.5 GW of floating wind capacity in the Celtic Sea. On 13 August, The Crown Estate said the second phase of the leasing process got underway on 8 August, following the conclusion... Continue Reading →
Petrobras Rumored to be Considering Additional FPSO for Its Buzios Field
(Reuters) State-run oil firm Petrobras has begun studies for the implementation of a new oil platform in Brazil's Buzios field, three sources with knowledge of the matter told Reuters. Each Buzios platform has an average cost of $3.5 billion, said a source, adding that the one under study would be a FPSO (floating production storage... Continue Reading →
BOEM’s Environmental Analysis Sees No Significant Impacts of Wind Leases Off Oregon
(OE) The Bureau of Ocean Energy Management (BOEM) has concluded that leases for potential offshore wind energy development off the Oregon coast would have no significant impacts to people or environment. BOEM has made available its final Environmental Assessment (EA) of the possible impacts from issuing leases for potential offshore wind energy development off the... Continue Reading →
Brazil Environmental Workers Agree to Stop Strike Affecting Oil Permits
(Reuters) A union representing Brazil's federal environment workers said it had signed an agreement with the government to end a strike affecting oil and gas licenses in Latin America's largest economy, according to a press release on Monday. The union Ascema, which represents workers from federal environmental agencies Ibama and ICMBio, as well as from... Continue Reading →
McDermott calling the shots at Shell’s mega gas project offshore Trinidad and Tobago
(offshore-energy.biz) U.S. offshore engineering and construction player McDermott has been tasked with putting all the pieces in place for the development of a gas project off the coast of Trinidad and Tobago, thanks to an engineering, procurement, construction, installation (EPCI), hook-up, and commissioning contract with Shell Trinidad and Tobago Limited, a subsidiary of the UK-headquartered... Continue Reading →
Mingyang Enters Deal with Renexia, Italian Gov’t to Set Up Shop in Italy; 18.8 MW Offshore Wind Turbines Planned for Large-Scale Mediterranean Project
(offshoreWind.biz) Renexia, Mingyang Smart Energy and Minister Adolfo Urso from the Ministry of Enterprises and Made in Italy (MIMIT) have signed a memorandum of understanding (MOU) that will see the Chinese OEM producing wind turbines in Italy and supplying 18.8 MW wind turbines for Renexia’s Med Wind floating wind farm. The agreement includes a EUR... Continue Reading →
Mexico’s New Government Plots Reform to Boost Oil Reserves Amid Soaring Debt
(Reuters) Mexico's incoming government will encourage state oil producer Pemex to seek equity partnerships with private oil companies, a model out of favor with the current president, in a bid to boost reserves amid towering debt, according to four sources familiar with the matter. These partnerships would be similar to past Pemex joint ventures with... Continue Reading →
Northern Brazil cuts hydro power use with prolonged drought
(Reuters) - Severe drought in an Amazonian river that powers two of Brazil's largest hydroelectric plants has forced a policy shift toward using more thermal sources and energy imports in the northern region, a government agency said. The Electric Sector Monitoring Committee (CMSE), citing low water levels in the River Madeira, recommended on Wednesday minimizing... Continue Reading →
Petrobras obtains environmental licenses to increase Brazil oil production, sources say
(Reuters) - Brazil's state-run oil company Petrobras has obtained environmental licenses to expand production in two offshore fields, and could have one vessel start production earlier than expected in one field, three people with knowledge of the matter told Reuters. The licenses will allow Petrobras to increase production in the Mero and Buzios fields, with Buzios... Continue Reading →
Equinor Picks SHI as Preferred Supplier for Korean 750 MW Floating Wind Project
(OE) Samsung Heavy Industries (SHI) and Equinor have signed a preferred supplier agreement for floating structures for the 750 MW Bandibuli offshore wind project being developed in South Korea. The supplier agreement for the fabrication and marshalling of the floating substructures for Bandibuli’s wind turbines was signed by SHI and Equinor on August 7, 2024.... Continue Reading →