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Petróleo Brasileiro S.A. – Petrobras reports that it has acquired 29 blocks in the Pelotas basin in the 4th Permanent Concession Offer Cycle of the National Agency of Petroleum, Natural Gas and Biofuels (ANP). Petrobras acquired blocks P-M-1739, P-M-1737 and P-M-1797 in partnership with CNOOC Petroleum Brasil Ltda (CNOOC) and Shell Brasil Petróleo Ltda (Shell).... Continue Reading →
The US Department of the Interior (DOI) and the Bureau of Ocean Energy Management (BOEM) today published a proposed sale notice (PSN) for an offshore wind lease sale in the Central Atlantic for one area offshore Delaware and Maryland, and one area offshore Virginia. BOEM says that the two lease areas have the potential to... Continue Reading →
(OW) The European Commission has given France the green light to support the construction and operation of two floating offshore wind farms in the Gulf of Lion with EUR 4.12 billion, which will be awarded through a tender the French government is expected to launch next year. Developers of the two floating wind farms, each... Continue Reading →
(Reuters) - Brazil's largest-ever power transmission auction by expected investment volume may see little competition, experts and executives said, as the need for billions of dollars in investments and tech expertise may dissuade potential bidders. In the last five years, Brazil's transmission lines auctions have had on average at least six bidders for each allotment,... Continue Reading →
(PN) The board of directors of the National Petroleum Agency (ANP) approved the geological and economic studies that resulted in the delimitation of two more pre-salt exploratory blocks: Rubi and Granada, both located in the Santos Basin. The agency will forward the studies to the Ministry of Mines and Energy (MME) to analyze the feasibility... Continue Reading →
The Crown Estate has revealed details of a new leasing round, known as Round 5, for three commercial-scale floating wind projects in the Celtic Sea. Located off the coast of South Wales and South West England, the sites will have a combined capacity of up to 4.5 GW, enough to supply four million homes with... Continue Reading →
(Reuters) The U.S Federal Permitting Improvement Steering Council on Thursday approved the construction of a $1.5 billion offshore wind farm off the coast of Rhode Island. The project, Revolution Wind, is run by Danish company Orsted and U.S.-based Eversource, and would bring a total of 704 megawatts (MW) clean energy to Connecticut and Rhode Island.... Continue Reading →
(Reuters) - The U.S. will release guidance for how hydrogen producers can secure billions of dollars of subsidies embedded in last year’s Inflation Reduction Act sometime this year after the COP28 climate conference in Dubai, U.S. energy advisor John Podesta told Reuters on Wednesday. Industry has been waiting anxiously for the guidance from the U.S. Treasury Department for months,... Continue Reading →
The ODN-II drillship, which will be used to drill the Pitu Oeste well, in the Potiguar Basin, is already heading towards the location, on the coast of Rio Grande do Norte. Drilling, scheduled to begin in December, will take place in block BM-POT-17. This will mark Petrobras' return to the Equatorial Margin, which stretches from... Continue Reading →
(MME) Brazil, represented by the Ministry of Mines and Energy, officially joined the Global Offshore Wind Alliance (GOWA). The commitment was formalized at the GOWA Ministerial Meeting, which took place during COP 28, in Dubai. The European Union, Panama and the United States state of California also joined the Alliance at the same time. Representing... Continue Reading →
Brazil Energy Insight 