Sept 7 (Reuters) - Argentina's rugged Patagonia is drawing increasing interest from investors searching for sites for mega data centers who are enticed by the region's cool temperatures, renewable energy, shale gas and empty stretches of land. As tech giants known as hyperscalers race worldwide to build server farms and run into roadblocks amid anti-data-center... Continue Reading →
BW Ideol’s Eight-Year-Old Floatgen Turbine Produces 40 GWh
Aug. 28 (offshoreWIND.biz) BW Ideol’s 2 MW Floatgen floating wind turbine has been in operation for eight years at the SEM-REV offshore test site off Le Croisic, France, with cumulative electricity production now exceeding 40 GWh. The turbine, installed on BW Ideol’s concrete Damping Pool floating foundation, entered operation in 2018 and has recorded average... Continue Reading →
Seatrium Nears Dual FPSO Sailaway for Petrobras’ Búzios Field
Aug. 27 (OE) Singapore's Seatrium is preparing for the sailaway of two floating production, storage and offloading (FPSO) units for Brazil's Petrobras, with the P-80 and P-82 vessels scheduled to depart within weeks of each other. The two vessels were marked at a christening ceremony at Seatrium's Tuas Boulevard Yard in Singapore and will head... Continue Reading →
SLB, Formentera working to activate drilling rigs in Venezuela, executives say
Aug 19 (Reuters) - Oil service provider SLB and private equity firm Formentera Partners are working to either reactivate oil rigs in Venezuela or import additional rigs into the country in the coming months, executives from both firms said on Wednesday during a conference in Houston. Energy-focused Formentera is in discussions with international service providers to... Continue Reading →
Brazil Advances Low-Carbon Hydrogen and Carbon Capture Regulation
Aug. 13 - The government also signed significant decrees for the energy industry. The first regulates the implementation of the National Low-Carbon Hydrogen Policy. The decree puts into practice mechanisms for governance, certification, tax incentives, and investment promotion, laying the groundwork for the National Hydrogen Program (PNH2) and the Low-Carbon Hydrogen Development Program (PHBC). It... Continue Reading →
Dutch Project Produces First Green Hydrogen On North Sea Gas Platform
Aug. 11 (Forbes) An innovative pilot project in the Netherlands - focused on energy transition solutions - has reached a milestone moment of producing its first batch of green hydrogen on an active natural gas platform in the North Sea. The project - PosHYdon - led by a consortium of partners with support of the Dutch Ministry... Continue Reading →
Beyond light and sweet: The carbon advantage of Guyana’s oil production
July 27 (oilnow.gy) Guyana’s crude has earned a reputation for being light and sweet, making it attractive to refiners because it is easier and less expensive to process into products such as gasoline, diesel and jet fuel. Increasingly, however, another quality is helping distinguish the country’s barrels in global markets: their relatively low carbon intensity. As... Continue Reading →
Suriname’s GranMorgu FPSO Project to Evaluate Wind-Assisted Towing
July 16 (OE) STS joint venture, formed by SBM Offshore and Technip Energies, and TotalEnergies EP Suriname have signed an agreement with French company Beyond the Sea to evaluate wind-assisted kite traction towing for the GranMorgu floating production, storage and offloading (FPSO) vessel offshore Suriname. The partners will develop, install, test and operate a Wind... Continue Reading →
Floating Wind Farm Offshore France Reaches Full Power
July 10 (offshoreWIND.biz) The 30 MW Éoliennes Flottantes du Golfe du Lion (EFGL) floating offshore wind farm, located off France’s Mediterranean coast, has reached full power, Ocean Winds (OW), the owner and developer of the project, said. With three 10 MW turbines located 16 kilometers off the Occitanie coast and installed on semi-submersible floaters, this... Continue Reading →
Petrobras signs $58 million deal with Brazil regulator to bring wells into compliance
July 7 (Reuters) - Brazilian state-run oil firm Petrobras (PETR3.SA), opens new tab signed an agreement with regulator ANP committing to bring 335 temporarily abandoned offshore wells into compliance with safety and environmental rules, both parties said in separate statements on Tuesday. Under the signed agreement, Petrobras will pay 300 million reais ($58.3 million) to ANP, and... Continue Reading →