Italian oilfield services firm Saipem, and Norwegian oil and gas company Equinor are teaming up to develop a floating solar panel park solution for near coastal applications and rough weather conditions. According to a statement by Saipem, the technology will be based on the in-house developed concept by offshore rig designer Moss Maritime, part of... Continue Reading →
Total Buys 80% Stake in Floating Wind Project
French energy major Total said on Thursday that it had reached an agreement with renewables energy developer Simply Blue Energy to acquire 80% of the Erebus floating wind project in the Celtic Sea. Total, which did not disclose the value of the deal, has said it plans to invest up to $2 billion annually to... Continue Reading →
Petrobras releases teaser for sale of wind farms
March 13, 2020 Petróleo Brasileiro S.A. - Petrobras announces that it has started the disclosure stage for this opportunity (teaser) in relation to the joint sale of all its shares in the wind farms Mangue Seco 3 and Mangue Seco 4, owners of the wind power generation plants with the same names. Petrobras holds a... Continue Reading →
Petrobras Suspends Offshore Wind Project
Mar 4, 2020 Petrobras decided to suspend the pilot project for offshore wind generation in the Ubarana field, in the Potiguar Basin, on the coast of Rio Grande do Norte. The decision was communicated to Ibama, responsible for the environmental licensing of the project, at the end of January. In a letter sent to the... Continue Reading →
Equinor plans high impact wells in Brazil
February 7, 2020 Brazil will receive 10% of the Norwegian oil company's investments in the next two years Equinor plans to drill five high-impact exploratory wells in Brazil over the next two years, the company's vice president and chief financial officer, Lars Christian Bacher, said on Thursday during a conference call with analysts. High-impact wells... Continue Reading →
Offshore to Constitute 25% of Wind Demand
Offshore wind will constitute 25% of total wind demand in 2028, up from 10% in 2019 and will narrow the gap with offshore upstream oil and gas in terms of capital expenditure deployment, said the analyst firm Wood Mackenzie. The possibility of offshore wind becoming cheaper than coal, gas and nuclear in most major countries... Continue Reading →
Equinor plans to halve carbon intensity by 2050
Norwegian oil major Equinor has launched a new climate roadmap for the upcoming period of energy transition, in line with the Paris Agreement. Equinor said on Thursday that it would reduce the net carbon intensity, from initial production to final consumption, of energy produced by at least 50 percent by 2050. Also, it would grow... Continue Reading →
Natural gas and the energy transition
February 5, 2020 If regulatory and economic conditions are not created quickly, Brazil will renounce a fundamental energy source Today the world is going through an energy transition phase, where the trend is the growth of renewable energy sources (water, wind, solar, waves, currents), with the progressive replacement of fossil energy sources (coal, oil and... Continue Reading →
Petrobras releases teasers for sale of wind power plants
January 31, 2020 Petróleo Brasileiro S.A. - Petrobras reports that it has started the opportunity disclosure stage (teaser), regarding the sales of all of its equity stakes in the companies Eólica Mangue Seco 1 and Eólica Mangue Seco 2, owners of wind power generation plants. The teasers, which contain key information about the assets, as... Continue Reading →
Petrobras/Ubarana has pilot project for offshore wind – Shallow Water divestments
Jan 30, 2020 In 2016, the National Petroleum Agency (ANP) extended the concession contract for the Ubarana field until 2034. It is also there that Petrobras intends to install its first offshore wind project in the country, with a wind turbine tower, an anemometric tower and an electric-optical umbilical submarine cable approximately 1 km long,... Continue Reading →