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(Reuters) - Flotation Energy and Vaargroenn, a joint venture between Eni unit Plenitude and private equity firm HitecVision, said on Tuesday their floating offshore wind project Green Volt won a contract at Britain's latest renewable power auction. The 2.5 billion pound ($3.28 billion) initiative, which is expected to have a capacity of up to 560 megawatts, is... Continue Reading →
(PN) Brazil is expected to receive around R$10 billion in investments this year in oil and gas blocks that are in the exploration phase. The data was presented by the National Petroleum Agency (ANP), in the Annual Exploration Report (available on the ANP website). Of this amount, the offshore environment will receive R$9.50 billion, of... Continue Reading →
(offshore-energy.biz) UK-headquartered energy technology provider TechnipFMC has put the finishing touches on its assignment at a gas-to-energy (GtE) project off Guyana’s Atlantic coast, which is envisioned to enable infrastructure buildout required to allow for natural gas to be transported from an oilfield in the waters of the prolific Stabroek Block to an integrated natural gas... Continue Reading →
(Reuters) - Brazilians will pay more for electricity in September as local power regulator Aneel decided to impose an additional charge on bills due to a drop in reservoir levels at hydroelectric plants amid the country's dry season. Despite the growth of wind and solar power in Latin America's largest economy in recent years, more... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras, following up on Communication of December 13, 2023, informs that it signed 26 Concession Contracts of the 4th Permanent Concession Offer Cycle, acquired in partnership with Shell in the public session held by the National Agency of Petroleum, Natural Gas and Biofuels (ANP) in December 2023. The consortium will have... Continue Reading →
(offshore.mag.com) Harbour Energy expects to complete its acquisition of Wintershall Dea’s global E&P portfolio in early September. The process of satisfying the conditions to completion has been advancing, including the recent receipt of Mexico regulatory consents. Earlier this month, the Danish Energy Agency also approved the indirect transfer of interests in four licenses that had been granted to... Continue Reading →
(OE) The US Department of the Interior will hold an offshore wind energy lease sale off southern Oregon on October 15, 2024. The auction will be conducted by the Bureau of Ocean Energy Management and could generate more than 3.1 gigawatts of renewable energy if fully developed, enough to power approximately one million homes. Lease... Continue Reading →
(OE) Mainstream Renewable Power, the pureplay global wind and solar company majority-owned by Aker Horizons, has announced that KF Wind, a 1,125MW floating offshore wind project being developed off the coast of Ulsan, South Korea, has secured the Environmental Impact Assessment (EIA) approval from the Ministry of Environment for the totality of the two-phase project.... Continue Reading →
(PN) British oil company BP has notified the National Petroleum Agency (ANP) about the discovery of oil signs in the pioneer well of the Pau Brasil block, in the pre-salt layer of the Santos Basin. As we reported, the well (which received the technical name 1-BP-12D-RJS) is located in a water depth of 2,283 meters... Continue Reading →
(offshoreWIND.biz)The California Public Utilities Commission (CPUC) has finalised its plan to facilitate the state’s procurement of more than 10 GW of large-scale renewable energy and storage, including 7.6 GW of (floating) offshore wind. CPUC has voted to adopt a proposed decision from July, directing the Department of Water Resources (DWR) to procure electrical resources with... Continue Reading →
