The term of reference (TR) for offshore wind farms is now available to interested companies, according to Ibama's environmental licensing coordinator, Roberta Cox. The official release of the document is scheduled for November. The TR presents reference information and guidelines for the preparation of the Environmental Impact Study and the Environmental Impact Report (EIA /... Continue Reading →
Aker Offshore Wind Gets Funding for Study on Floating Wind Farms
Norwegian company Aker Offshore Wind has received funding from Enova for a pre-project that aims to reduce costs and increase maturity in important technical segments of offshore floating wind. Enova is Norway’s innovation fund for environmentally friendly technologies. The objective of the project is to better understand how technology solutions can enable the use and development of a Norwegian... Continue Reading →
Rystad sees oil demand peaking in 2028 accelerated by Covid-19 and energy transition
The Covid-19 pandemic and energy transition are expected to expedite peak oil demand to 2028 and cut demand levels to 102 million bpd, according to Norwegian energy intelligence firm Rystad Energy. The Covid-19 pandemic and the acceleration of the energy transition have led Rystad Energy to significantly revise its long-term oil demand forecast. The virus... Continue Reading →
Energy group Equinor aims for net zero emissions by 2050
(Reuters) - Norwegian energy company Equinor EQNR.OL aims to become a net zero emitter of greenhouse gases by 2050, including emissions from the production and final consumption of oil and gas, its new chief executive said as he took office on Monday. Anders Opedal, the first engineer to lead state-controlled Equinor, plans to expand the acquisition... Continue Reading →
MODEC Sets Out to Reduce Cost of Floating Wind Turbines
Japanese FPSO specialist MODEC says it is working with partners to reduce the overall cost of floating offshore wind turbines. For some time, floating offshore wind has been something of a niche, but now full-scale demonstrators are in the works, and bigger players – including companies such as MODEC that have traditionally focused on oil... Continue Reading →
Unique Floating Offshore Wind Design Gets DNV GL Nod
A unique double rotor floating wind turbine concept has earned a statement of feasibility from classification and certification body DNV GL. This statement, based on DNV GL’s technology qualification services, confirms that the nezzy² floater is designed to state-of-the-art safety, quality and performance standards, and allows its developer, aerodyn engineering, to secure investments and enter... Continue Reading →
MAN to Supply Compressor Tech for Bacalhau FPSO
MAN Energy Solutions will supply five radial compressor and two screw compressor trains for the Bacalhau FPSO, under the contract with the Japanese FPSO specialist MODEC. The compressor trains will be installed aboard the FPSO that will be used to produce oil for Equinor at the Bacalhau field, about 185 kilometers off the Brazilian coast... Continue Reading →
SPECIAL REPORT: ANALYSIS OF BRAZIL’S O&G SECTOR: All-in for the Brazilian oil and gas industry
In November 2007 Brazil’s national oil company, Petrobras, shocked the E&P world by announcing a 5-to-8-Bbbl discovery in a completely unknown geological play: carbonate reservoirs below a 2-km layer of salt, offshore Brazil, in a 2,000-m water depth. This announcement marked the beginning of a complete turnaround in the history of Brazil’s oil and gas... Continue Reading →
Rystad: Offshore Wind to Become UK’s Largest Renewable Energy Source in 2026
Installed offshore wind capacity will surpass onshore wind in the UK by 2026, and the UK will meet its goal to double its renewable energy capacity by 2030 four years early. This is according to the Norwegian energy intelligence company Rystad Energy, which says the targets will be met by a wave of mostly wind... Continue Reading →
Green energy to draw $11 trillion in investments by 2050
(Bloomberg) - Green power is set to draw around $11 trillion of investment in the coming decades as the cost of renewables plummets and more of the world’s energy comes from electricity. That’s the latest analysis from BloombergNEF in its annual New Energy Outlook report. It’s further evidence of how cheap renewable power sources will... Continue Reading →
