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(offshoreWIND.biz) The 96 MW Jeonnam 1 offshore wind farm in South Korea, jointly developed by Copenhagen Infrastructure Partners (CIP), SK Innovation E&S, and Copenhagen Offshore Partners (COP), has delivered its first power. Construction on the Jeonnam 1 offshore wind project started in early 2023, with turbine installation commencing in September 2024. Located off the coast... Continue Reading →
(offshoreWIND.biz) The French government has pre-qualified twelve candidates for the AO9 tender, which offers four new sites for offshore wind development, one off South Brittany, two in the Mediterranean and one in the French South Atlantic region. France opened the tendering procedure in July 2024 and has now completed the first of its three phases. Competitive dialogue... Continue Reading →
(offshoreWIND.biz) The Massachusetts State Legislature has passed a clean energy bill aimed at strengthening future offshore wind contracts. Among other provisions, the bill would allow the state to negotiate contracts of up to 30 years, extending the current 20-year limit. According to Massachusetts State Senator Karen E. Spilka, the legislation allows future offshore wind contracts to... Continue Reading →
(OE) DNV has signed a memorandum of understanding (MoU) with Seatrium to cooperate on strategic activities and projects in the areas of engineering, technology and new product design, with key focus on floating offshore energy solutions. Under the MoU, DNV will provide Seatrium with expert advice on market and regulatory trends, emerging technologies, and best... Continue Reading →
Petróleo Brasileiro S.A. - Petrobras, following up on the release disclosed on July 9, 2024, informs that it has signed two agreements with Yara and Araucária Nitrogenados S.A. (ANSA), a wholly-owned subsidiary of the company, in a next step towards structuring a potential partnership within fertilizers and industrial products. The first agreement includes the commercialization... Continue Reading →
(offshoreWIND.biz) The US Bureau of Ocean Energy Management (BOEM) has opened a public consultation on a regional environmental analysis of potential mitigation measures on future development activities for five offshore wind lease areas off California’s central and north coasts. The Notice of Availability (NOA) for the California Draft Programmatic Environmental Impact Statement (PEIS) will be... Continue Reading →
Highlights FPSO Prosperity sold to ExxonMobil Guyana Ltd; FPSO Liza Destiny on track for sale before year-end TotalEnergies contract award for an FPSO as part of the GranMorgu field development project in Suriname 2024 Directional1 EBITDA guidance increased from around US$1.3 billion to around US$1.9 billion (+46%) 2024 Directional revenue guidance increased from above US$3.8... Continue Reading →
(cleantechnica.com) The offshore wind industry has planted tens of thousands of turbines in coastal waters around the world since the early 2000s. That’s a good start, but it’s just a start. New offshore floating wind technology is beginning to hit the market, extending the reach of wind turbines into new territory and providing new opportunities... Continue Reading →
(oilnow.gy) A total of 56 FPSO projects, between 2022 and 2027, are expected to commence their operations worldwide. Brazil leads the list with 22 followed by Guyana, with three already in production and three more under construction. Norway-based energy research and business intelligence company Rystad Energy says the FPSO market witnessed a 50% increase in... Continue Reading →
Brava Energia ("Brava" or "Company") (B3: BRAV3) presents the results for the third quarter of 2024 ("3Q24"). The financial and operational performance described in financial statements and explanatory notes includes the consolidated results of 3R and Enauta since August 1, 2024, and therefore reflects three months of 3R results and two months of Enauta results.... Continue Reading →
Brazil Energy Insight 