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(Reuters) Guyana's fourth oil floating production storage and offloading (FPSO) facility is expected to depart for the South American country in the first quarter next year, the CEO of U.S. producer Hess, John Hess, said on Wednesday. The firm, which alongside Exxon Mobil and CNOOC are responsible for all oil and gas production in the... Continue Reading →
This annual access tool allows the user to investigate numerous market facets of the Bottom-Fixed and Floating Offshore Wind market. The Q Vision Project Details & Economics module offers 15 distinct lenses covering the value of supply chain segments Substructure (Floater), Turbine, (Mooring), Cabling and Installation. The different lenses focus on developer, designer and regional differences for the future... Continue Reading →
(Reuters) Suriname's state-run oil company Staatsolie said on Wednesday that ExxonMobil has withdrawn from its offshore block 52, and block operator Petronas Suriname E&P will take over its 50% stake. "The withdrawal is part of the ongoing evaluation of assets in ExxonMobil's global portfolio," Staatsolie said in a statement.
(Reuters) Trinidad and Tobago on Tuesday signed a production sharing agreement (PSA) with a unit of British oil and gas producer BP for exploring and producing natural gas at a shallow water block, the energy ministry said. The agreement follows an offshore bidding round launched by the Caribbean country last year, expected to encourage an... Continue Reading →
(Reuters) - Major oil and gas companies have ramped up investments in the biofuels sector, betting on sustainable aviation fuel (SAF), with 43 projects expected to be up and running by 2030, consultancy Rystad said in a report. The energy research firm indicates that investments by industry giants such as ExxonMobil , Chevron , BP, Shell, TotalEnergies,... Continue Reading →
(offshore-mag.com) Ocean Winds (OW), the joint venture between EDP Renewables and ENGIE, has signed a memorandum of understanding (MoU) with Universidade Federal do Rio Grande do Norte to support development of an offshore wind energy industry in Brazil. Since 2020, OW has registered five offshore wind energy project proposals with environmental agency IBAMA for a total capacity... Continue Reading →
(offshoreWIND.biz) The first of three Siemens Gamesa 8 MW turbines at the Provence Grand Large floating offshore wind project in France has started delivering megawatt-hours of power to the national electricity grid. Located 17 kilometres off the coast in the Mediterranean Sea, the Provence Grand Large floating wind pilot project features three Siemens Gamesa 8... Continue Reading →
(offshore-energt.biz) U.S.-based TDI-Brooks International, contracted by GeoPartners, has finalized a seabed survey project for Staatsolie Maatschappij Suriname, the country’s national oil company. According to TDI-Brooks, the Suriname Seabed Piston Coring project involved the acquisition, processing, and interpretation of seep data, encompassing multibeam and coring operations over a 45,000 square kilometer area on the Suriname continental... Continue Reading →
BRAVA ENERGIA (“BRAVA”) (B3: BRAV3) (“Company”), hereby informs its investors and the market in general of the preliminary and unaudited production data for October 2024. (1) Papa-Terra: On April 16, 2024, 3R Offshore exercised, in accordance with the provisions of the Joint Operating Agreement (JOA), the right of compulsory assignment (forfeiture) of the 37.5% undivided... Continue Reading →
(offshore-energy.biz) A steel-cutting ceremony has been held for one of the two floating storage, production, and offloading (FPSO) units Singapore-headquartered Seatrium is building for Brazil’s state-owned giant Petrobras. The start of construction on FPSO P-84, described as the “largest FPSO in Petrobras’ history,” was marked with a ceremony held on November 15 at the CIMC Raffles Offshore’s Yantai shipyard in China.... Continue Reading →
Brazil Energy Insight 