$54 billion in engineering, procurement and construction contracting opportunities on offshore oil & gas agenda for 2025

(offshore-energy.biz) Despite the challenges hitting the fossil fuel industry, demand for hydrocarbons remains steady, as confirmed by the global engineering, procurement, and construction (EPC) contracting activity across the offshore oil and gas landscape. The batch of new projects, which are expected to reach the EPC stage this year, will lead to awards worth billions of... Continue Reading →

January 15, 2025 0

New Offshore Wind Project Enters Federal Permitting in US

(offshoreWIND.biz) The US Bureau of Ocean Energy Management (BOEM) will initiate an environmental review of the Vineyard Mid-Atlantic offshore wind lease area, located offshore New York and New Jersey and owned by Vineyard Offshore (Copenhagen Infrastructure Partners), which plans to build its Excelsior Wind project there. The Vineyard Mid-Atlantic area is in one of the... Continue Reading →

January 14, 2025 0

Peru’s niche Bretaña crude oil gains popularity in US

(Reuters) - Peru's niche Bretaña crude oil is gaining popularity in the United States, with the first cargo discharging in the U.S. Gulf Coast this month as U.S. refiners seek alternatives for declining Mexican heavy crude. Bretaña, a rare heavy sweet crude with minimal metals, is produced in the Peruvian side of the Amazon rainforest.... Continue Reading →

January 14, 2025 0

Will Trump Venture to Impose ‘No New (Offshore) Wind Turbines’ Policy and Bring US Industry Supporting 120,000 Jobs to Halt?

(offshoreWIND.biz) During his presidential campaign in 2024, Donald Trump said he would sign an executive order to stop offshore wind farms from being built in the US “on day one”. On 7 January, the US president-elect reiterated the plan which now seems to apply to wind energy on land too, saying he would look into... Continue Reading →

January 9, 2025 0

DOE: US Can Recycle 90% of Wind Turbine Mass

(OE) A new report from the U.S. Department of Energy (DOE) outlines recommendations that could increase the recycling and reuse of decommissioned wind energy equipment and materials to create a more circular economy and sustainable supply chain. The research reveals that existing U.S. infrastructure could process 90% of the mass of decommissioned wind turbines. However,... Continue Reading →

January 7, 2025 0

BOEM Advances Offshore Wind Leasing in Guam

In support of the current administration’s goals to deploy 30 gigawatts (GW) of offshore wind energy capacity by 2030 and 15 GW of floating offshore wind energy capacity by 2035, the Bureau of Ocean Energy Management (BOEM) today announced the publication of a Call for Information and Nominations (Call) for possible wind energy leasing off... Continue Reading →

January 3, 2025 0

US Ex-Im bank approves $526 mln gas-to-energy loan to Guyana

(Reuters) - The U.S. Export-Import Bank approved a $526 million loan to Guyana for an energy project designed to double the South American country's installed electric capacity and reduce oil imports, the Guyanese government and Ex-Im said on Thursday. The project, which falls under Ex-Im's mandate to help exporters facing competition from China, will use... Continue Reading →

December 27, 2024 0

California Ports Forge Partnership to Advance Floating Offshore Wind

The California State Lands Commission and the ports of Long Beach and Humboldt have joined forces to advance floating offshore wind development off the California coast. Through this collaboration, they aim to develop critical port infrastructure for wind turbine assembly, with installations planned 20-30 miles offshore Humboldt County and Morro Bay. “This important agreement parlays... Continue Reading →

December 19, 2024 0

Expro Teams Up with Petrobras for New Well Flowmeter Tech

U.S.-based oilfield services provider Expro has signed a technology agreement with Petrobras for the development of a new non-intrusive flowmeter for the optimization of production from oil and gas wells. The technology will provide flow rates and identify flow patterns, generating online and real-time data availability for control and monitoring of slug instabilities to increase... Continue Reading →

December 17, 2024 0

Petrobras to use Nasa technology to monitor the Equatorial Margin

Petrobras has been accepted into the Early Adopters program of the NISAR (Nasa-ISRO Synthetic Aperture Radar) mission, a joint project between the American space agency and the Indian Space Research Organization to develop and launch, in 2025, an unprecedented SAR (Synthetic Aperture Radar) satellite image collection system for Earth observation. The images will be used... Continue Reading →

December 16, 2024 0

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