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(Reuters) President Joe Biden's administration unveiled plans on Wednesday to hold up to a dozen auctions of offshore wind development rights through 2028, including four before the end of this year. The schedule will help companies, states and others plan for projects that require massive amounts of investment and infrastructure, the Interior Department said in... Continue Reading →
(offshoreWIND.biz) Milad Sheikhi, Head of Sales and Business Development – Offshore Wind at Jumbo Offshore discusses the way forward for standardisation in offshore wind. Is regulatory restriction the way forward for offshore wind – or will a free market approach yield more rapid returns? With increasingly ambitious targets in the coming years, the pressure is... Continue Reading →
Petrobras received the environmental license from Ibama for drilling two exploratory wells in the BM-POT-17 maritime block, in deep waters of the Potiguar Basin, on the Brazilian Equatorial Margin. The first well will be drilled 52 km off the coast. Drilling is expected to begin in the coming weeks, after the rig arrives at the... Continue Reading →
(offshoreWIND.biz) Dominion Energy’s 2.6 GW Coastal Virginia Offshore Wind (CVOW) project has received an air quality permit from the US Environmental Protection Agency (EPA) – the final federal permit required to begin offshore construction. The installation of monopiles at the project site off the coast of Virginia Beach is scheduled to begin in May. Belgian... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras, informs that it has discovered an accumulation of oil in ultra-deep waters of the Potiguar Basin, in the Anhangá exploratory well, of Concession POT-M-762_R15. The 1-BRSA-1390-RNS (Anhangá) well is located on the coast between Ceará and Rio Grande do Norte, about 190 km from Fortaleza and 250 km from Natal, at... Continue Reading →
(Bloomberg) A battle in the National Congress to extend contracts for coal-fired thermal plants is blocking the arrival of the long-awaited offshore wind industry in Latin America's largest economy. A bill to regulate the sector is currently stalled in the Federal Senate, after a group of deputies presented a series of amendments, including one to... Continue Reading →
(OE) Offshore wind developers Flotation Energy and Vårgrønn, a joint venture between Eni’s Plenitude and HitecVision, have announced that their 560 MW floating offshore wind project Green Volt has been granted full onshore planning approval. The Green Volt floating wind farm, located offshore Scotland, will deliver electricity to oil and gas platforms, replacing power currently... Continue Reading →
(OilNow) Even with six floating production, storage and offloading (FPSOs) vessels operating at peak production, Guyana’s oil operations would only utilize 7% of the 150 million tonnes of emissions sequestered by its forests annually. So said Guyana’s Vice President, Bharrat Jagdeo, during a recent press conference. The chief policymaker for the oil sector made this... Continue Reading →
(Reuters) Top oil executives took to the stage of a major energy conference on Monday to vocally oppose calls for a quick move away from fossil fuels, saying society would pay a steep cost to replace oil and gas. Big oil companies including BP and Equinor have written down renewable energy projects and others have... Continue Reading →
Dear shareholders and investors, I am very proud to address you today, not only in light of the excellent economic and financial results we are disclosing, but especially because I am convinced that we are building a Petrobras which is more solid, more resilient and able to generate long-term value to its partners and to... Continue Reading →
Brazil Energy Insight 