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(Reuters) - Final investment decisions for hydrogen projects have doubled over the last 12 months, dominated by China, but installed capacity and demand are low as the industry faces uncertainty, the International Energy Agency (IEA) said in a report on Wednesday. The investment decisions represent a five-fold increase of current low-emission hydrogen production by 2030,... Continue Reading →
(Reuters) - Brazilian energy company Eneva (ENEV3.SA), opens new tab launched on Tuesday a share offer to raise around 4.2 billion reais ($774 million), as flagged in July, to help fund power generation projects, natural gas exploration and possible M&A activity. Eneva, one of the largest investors in Brazil's natural gas sector, will first offer some 228.6... Continue Reading →
(OE) Salamander Offshore Wind Farm, a project being developed by a joint venture between Ørsted, Simply Blue Group and Subsea7, has submitted its consent applications for the onshore aspects of its proposed 100 MW floating wind development. The applications outline Salamander’s plans for the onshore components of its proposed development, according to the joint venture... Continue Reading →
The 440km repeaterless trunk-and-branch system will link 12 oil and gas production platforms with two cable landing stations in Brazil’s Anchieta, Espirito Santo and Barra do Furado, Rio de Janeiro. Pioneer Consulting, the full-service submarine fiber optic telecommunications consulting and project management company, has been contracted by Blue Marine, leader of the Blue Marine Consortium,... Continue Reading →
– Petróleo Brasileiro S.A. – Petrobras informs that its Board of Directors has approved the company's operations in South Africa, enabling the acquisition of a stake in the Deep Western Orange Basin (DWOB) block, through a competitive process conducted by TotalEnergies. The DWOB block is located in deep waters in the Orange Basin, where there... Continue Reading →
(Reuters) Australia's Macquarie has engaged advisors for a potential sale of its subsidiary Corio Generation, one of the world's largest offshore-wind developers, two sources with knowledge of the matter said on Tuesday. Corio oversees a 30-gigawatt pipeline of offshore wind projects spanning Europe, Asia-Pacific, and the Americas. It includes 5 GW of projects across the... Continue Reading →
(OE) Danish wind turbine maker Vestas has signed a conditional turbine order agreement with Inch Cape Offshore, an equal joint venture between ESB and Red Rock Renewables, for the 1.1 GW Inch Cape offshore wind project in Scotland. The agreement is for the supply, installation, and commissioning of 72 V236-15.0 MW wind turbines for the... Continue Reading →
(Reuters) - Brazilian miner Vale and Green Energy Park have agreed to team up to explore opportunities for green hydrogen production in the South American country, the mining giant said on Tuesday. WHY IT'S IMPORTANT Brazil has been looking to develop a green hydrogen industry as part of efforts to unlock new sectors to power its... Continue Reading →
9 September 2024 Vestas has secured an 810 MW offshore order from Equinor to power New York’s Empire Wind 1 offshore wind project. The order includes 54 V236-15.0 MW turbines and marks Vestas’ first order in the U.S. for an offshore platform and its industry-leading, type-certified V236-15.0 MW turbine. The order includes supply, delivery, and... Continue Reading →
(Reuters) - The U.S. Federal Trade Commission allowed Chevron's $53 billion purchase of Hess Corp on Monday, in an order that barred Hess CEO John Hess from Chevron's board. The FTC's order leaves Exxon Mobil's challenge to the deal, which is expected to stretch deep into next year, as its final hurdle. The proposed merger included a Chevron... Continue Reading →
Brazil Energy Insight 