(Reuters) A consortium including Germany's BayWa r.e. and Belgium firm Elicio won a tender to develop and operate France's first floating offshore wind farm, the 250-megawatt (MW) Bretagne Sud farm, French industry minister Roland Lescure said on Wednesday. The results were announced at a ceremony to mark the start of production at a 500-MW wind... Continue Reading →
US Department of Energy (DOE) selects Principle Power and Aker Solutions to advance plans for serial manufacturing of WindFloat® foundations
Principle Power and Aker Solutions (“FloatHOME” consortium) have been chosen as a winner for the second phase of the U.S. Floating Offshore Wind Readiness (FLOWIN) Prize by the DOE. The award consists of a $450,000 cash prize and $100,000 in technical assistance from the DOE National Labs. Prize money is being used to advance WindFloat®... Continue Reading →
ExxonMobil Strikes Oil Offshore Angola
(OE) ExxonMobil and its partners have made an oil discovery at Block 15 offshore Angola, while drilling the exploration well located in the Kizomba B development area. The discovery was made while drilling the Likembe-01 well in Block 15, operated by ExxonMobil, in partnership with Azule Energy, Equinor and Sonangol. Drilled between the months of... Continue Reading →
Brazil pushes out Petrobras CEO, names ex-regulator to top job
(Reuters) - The chief executive of Brazil's Petrobras offered to step down, the state-run oil company said on Tuesday, as the government lined up a former regulator for the role, sending shares sliding as investors braced for political interference. Brazilian President Luiz Inacio Lula da Silva will replace the outgoing CEO Jean Paul Prates with Magda... Continue Reading →
Colombia oil output closing in on 800,000 bpd, regulator head says
(Reuters) - Colombia's average daily oil output is closing in on 800,000 barrels per day (bpd) even as the Andean country increasingly looks to boost renewable energies, the president of the National Hydrocarbons Association (ANH) regulator said. The government of leftist President Gustavo Petro has said it wants to wean Colombia off of its dependence... Continue Reading →
Maryland Sets Course for Offshore Wind Energy Expansion
(Reuters) Maryland Governor Wes Moore signed a bill aimed at reevaluating and potentially revising existing offshore wind project plans, setting the stage for the state's goal of achieving 8,500 megawatts of offshore wind energy capacity by 2031. The bill signed on May 9 will empower the Maryland Public Service Commission (PSC) to open proceedings to... Continue Reading →
Black & Veatch Completes Feasibility Study for Colombia’s New LNG Terminal
(OE) Black & Veatch has completed a feasibility study for the planned Andes Energy Terminal, a liquefied natural gas (LNG) regasification terminal and power plant. The study assessed site suitability, project design requirements, capital and operating costs, financial viability, financing options, climate resilience, and implementation and construction plans. Beginning with a site assessment that focused... Continue Reading →
US faces ‘learning curve’ with offshore wind, says Atlantic Shores exec
(OffshoreMagazine)Rain Byars, technical and delivery director with Atlantic Shores Offshore Wind, provided a developer's perspective on US offshore wind during her keynote session on May 7 at the Offshore Technology Conference (OTC). The dedicated offshore wind thread was a first at OTC this year. Byars has 14 years of experience in offshore wind, and prior to... Continue Reading →
Petrobras Required to Assess Indigenous Impact of Amazon Offshore Drilling
(Reuters) Brazil's state-run oil firm Petrobras must do a series of studies on the impact on Indigenous groups in the Amazon area of planned offshore drilling nearby in order to analyze the project's viability, according to a federal agency and documents from government agencies. The wide-ranging studies demanded by Brazil's environmental agency Ibama are meant... Continue Reading →
Guyana’s cabinet clears oil block bid by QatarEnergy, TotalEnergies, Petronas, minister says
(Reuters) - Guyana's cabinet has approved a bid for an offshore oil block by a consortium including QatarEnergy (QATPE.UL), TotalEnergies and Malaysian state-owned Petronas (PETRA.UL), a minister from the South American country said on Wednesday. Guyana, home of the largest oil discoveries in nearly a decade, offered 14 offshore blocks in September in its first competitive auction that... Continue Reading →