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(offshore technology) Ecopetrol’s board of directors has approved the 2025 investment budget ranging from 24trn to 28trn pesos, with more than half allocated to crude and gas exploration and production. Approximately 20.3trn pesos, 76% of the 2025 budget, are expected to be allotted for profitable production levels between 740,000 and 745,000 barrels of oil equivalent... Continue Reading →
(OE) In support of the Biden-Harris administration’s goal of deploying 30 gigawatts (GW) of offshore wind energy capacity by 2030, the Bureau of Ocean Energy Management (BOEM) today issued a Record of Decision identifying environmental measures expected to be applied to future wind energy development of the six lease areas offshore New York and New... Continue Reading →
Norwegian energy giant Equinor has tucked a new steel pipe production milestone under its belt for its upcoming natural gas project off the coast of Brazil. Equinor marked the occasion by hosting a celebration at Confab, Tenaris’ welded mill in Brazil’s Pindamonhangaba to commemorate the completion of steel pipe production for the Raia project. With over 99%... Continue Reading →
State leadership is going to be pivotal to the future of US offshore wind. Posted by Toussaint Williams - Plugged Into US Offshore Wind The U.S. offshore wind industry stands at a pivotal moment, with over 4,000 MW of capacity under construction (U.S. Offshore Wind Quarterly Market Report 2024 Q3, Oceantic Network) and ambitious growth... Continue Reading →
(Reuters) - Brazil will put 91 oil blocks into sale permanently, which could bring 2.4 billion reais ($394.11 million) in signing bonuses in the next round of auctions, said the country's Ministry of Mines and Energy in a Friday statement. The government will make available 39 blocks in Minas Gerais state's Sao Francisco Basin, 41... Continue Reading →
(offshoreWIND.biz) Sweden’s Hexicon has obtained the necessary regulatory clearance to acquire a controlling stake in the 1,125 MW MunmuBaram floating offshore wind farm in South Korea. The South Korean Electricity Regulatory Commission (KOREC) has approved the transfer of two out of three Electricity Business Licenses (EBLs) for the MunmuBaram floating offshore wind project. With this... Continue Reading →
This is an eyeopener.... Article by Toussaint Williams - Plugged Into US Offshore Wind November 26, 2024 Donald Trump’s views on wind energy are well known — and not exactly favorable. He has criticized offshore wind as “horrible” and “the most expensive energy there is,” claiming it “destroys everything” and blaming turbines for killing birds and whales.... Continue Reading →
Petróleo Brasileiro S.A. - Petrobras informs that it has started the teaser stage for the transfer of its 25% minority stake in the Tartaruga Field, located in the town of Pirambu-SE, in shallow waters of the Sergipe-Alagoas Basin, operated by SPE Tiêta (Petrorecôncavo). The teaser, which contains the main information about the opportunity and the... Continue Reading →
(Reuters) TotalEnergies is seeking environmental authorization to drill up to seven exploration wells in the southern part of its Deep Water Orange Basin (DWOB) block off the west coast of South Africa, documents from environmental consultants SLR showed on Tuesday. Oil companies including Shell are looking towards South Africa's west coast, close to the border... Continue Reading →
(RB) The Senate's SERVICES AND INFRASTRUCTURE COMMITTEE postponed the discussion on the legal framework for offshore wind farms this Tuesday (26), which will define rules for the operation of wind turbines in Brazilian waters. The bill has already been approved by the Chamber of Deputies, and articles have been included that require the country to... Continue Reading →
