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(DJC) After signing a memorandum of understanding with the state government in April to build a concrete wind tower factory in Rio Grande do Sul, the European company Nordex expects to confirm the location of the unit next year. The company's sales manager, Robertison Brito, says that the schedule is open, but reinforces that the... Continue Reading →
On Thursday (12), the Senate approved the draft legal framework for the use of offshore wind power (in the open sea). The bill was approved with “riders” that benefit coal and natural gas thermoelectric plants. The text must now be submitted for presidential approval. The majority of senators rejected, by 40 votes to 28, a... Continue Reading →
(OE) Galp and its partners have spudded another well in the Orange Basin, off Namibia, following the discovery of light oil and gas condensate in an appraisal well announced earlier in December. After the discovery at the Mopane-1A well, Galp and its PEL83 offshore block partners, NAMCOR and Custos, have decided to retain Saipem’s Santorini... Continue Reading →
(OE) Following a competitive tender process, energy technology company SLB has secured a new contract with Petrobras for providing integrated services across all of its offshore fields in Brazil. SLB will oversee the construction of more than 100 deepwater wells, utilizing advanced drilling, cementing and drilling fluids technologies on up to nine ultra-deepwater rigs. The... Continue Reading →
(offshore-energy.biz) UK-headquartered energy technology provider TechnipFMC has put the first equipment part of a subsea production system in place for an oil development at the Stabroek block, which ExxonMobil Guyana Limited, a subsidiary of the U.S.-headquartered energy giant ExxonMobil, operates off the coast of Guyana. ExxonMobil hired TechnipFMC in May 2023 to provide a subsea production... Continue Reading →
(Reuters) U.S. oil major Exxon Mobil and partners are continuing to negotiate with Guyana's government on the terms for developing a shallow-water oil block, an Exxon spokesperson said on Monday. Exxon, Hess and CNOOC won offshore block S8 in a bidding round launched in late 2022 by President Irfaan Ali's administration. The group remains interested... Continue Reading →
(offshore-energy.biz) Chile’s state-owned company Empresa Nacional del Petróleo (Enap) and harbor towage services provider SAAM have launched Latin America’s first electric tug at Sanmar shipyard in Tuzla Bay, Turkey. The vessel with electric propulsion that does not emit greenhouse gases (GHG) and reduces environmental and underwater noise will operate in Puerto Chacabuco, Aysén region, in... Continue Reading →
(OE) Swedish company Seabased has signed a three-party memorandum of understanding (MoU) with the Government of Grenada and SIDS DOCK to establish Grenada’s first utility-scale wave energy park. The agreement outlines a phased project that will begin with a 2 MW pilot to showcase the potential of wave energy in driving economic and environmental resilience... Continue Reading →
SBM Offshore announces it has completed the project financing of FPSO Jaguar for a total of US$1.5 billion. The project financing was fully secured by a consortium of 16 international financial institutions. The Company expects to draw the loan phased over the construction period of the FPSO. The project loan is in line with the... Continue Reading →
(Reuters) - Peru's indebted state-run oil firm PetroPeru could consider offering a minority stake to private investors in the second half of 2025, when the company hopes to emerge from a crisis and post profits, Chairman Alejandro Narvaez told Reuters on Wednesday. At an interview in his office in Lima, Narvaez said the offering would only start... Continue Reading →
Brazil Energy Insight 