Inyanga Marine Energy Group has announced that it has set up a new office in Canada to help drive the development of offshore renewable energy in the country. The new company is called Inyanga Maritime Services Nova Scotia Limited, based in Halifax Nova Scotia. Kiley Sampson has been appointed as Vice President of the Canadian... Continue Reading →
Ecopetrol to allocate half of 2025 budget to exploration and production
(offshore technology) Ecopetrol’s board of directors has approved the 2025 investment budget ranging from 24trn to 28trn pesos, with more than half allocated to crude and gas exploration and production. Approximately 20.3trn pesos, 76% of the 2025 budget, are expected to be allotted for profitable production levels between 740,000 and 745,000 barrels of oil equivalent... Continue Reading →
BOEM ID’s Environmental Measures for NY Bight Wind
(OE) In support of the Biden-Harris administration’s goal of deploying 30 gigawatts (GW) of offshore wind energy capacity by 2030, the Bureau of Ocean Energy Management (BOEM) today issued a Record of Decision identifying environmental measures expected to be applied to future wind energy development of the six lease areas offshore New York and New... Continue Reading →
Argentina government OKs key Vaca Muerta gas pipeline project
(Reuters) - Argentina's government has green lit a key $500 million private sector gas pipeline expansion project, the energy secretariat said on Monday, a key signal of state support to boost transport capacity as it ramps up domestic energy production. The project, proposed by major private local operator Transportadora de Gas del Sur (TGS), would... Continue Reading →
Colombia’s Ecopetrol to build green hydrogen plant at Cartagena refinery
(Reuters) - Colombia's majority state-owned energy company Ecopetrol plans to build a new green hydrogen plant at its refinery in the Caribbean city of Cartagena for some $28.5 million, it said in a statement on Monday. The plant will produce 800 tonnes of green hydrogen a year, making it Latin America's biggest, Ecopetrol said in the... Continue Reading →
ELIRE Infra announces world’s first intelligent floating infrastructure to accelerate net zero goals across multiple industries
ELIRE Infra, a revolutionary innovation company, operating at the intersection of infrastructure, mobility and clean energy, has announced today, its pioneering ‘Smart Hubs’ - modular, multi-purpose and scalable infrastructure solutions, designed to accelerate decarbonisation across ports, harbours, waterways, and the industries they support. ELIRE Infra’s Smart Hubs address critical infrastructure challenges by offering a sustainable,... Continue Reading →
New pipeline milestone for natural gas project in Brazilian waters
Norwegian energy giant Equinor has tucked a new steel pipe production milestone under its belt for its upcoming natural gas project off the coast of Brazil. Equinor marked the occasion by hosting a celebration at Confab, Tenaris’ welded mill in Brazil’s Pindamonhangaba to commemorate the completion of steel pipe production for the Raia project. With over 99%... Continue Reading →
Local player joins FLNG project seeking to make Argentina an LNG exporter
(offshore-energt.biz) Argentina’s oil and gas firm YPF has joined a floating liquefied natural gas (FLNG) project being co-developed by Bermuda-headquartered owner and operator of liquefied natural gas (LNG) midstream infrastructure Golar LNG and Latin American integrated energy company Pan American Energy (PAE) in Argentinean waters. The $3 billion project will see the FLNG Hilli, set to... Continue Reading →
Galp’s Appraisal Well Delivers Light Oil and Gas-Condensate Off Namibia
Portuguese oil and gas company Galp has found light oil and gas-condensate in an appraisal well drilled in Orange Basin block, offshore Namibia. The appraisal well, Mopane-1A, was spud on October 23 with Saipem’s Santorini drillship, at PEL83 offshore block. In an update from November 29, Galp has confirmed that the Mopane-1A well encountered light oil and... Continue Reading →
Supporters, Pragmatists & Skeptics: Governors Shaping US Offshore Wind’s Future
State leadership is going to be pivotal to the future of US offshore wind. Posted by Toussaint Williams - Plugged Into US Offshore Wind The U.S. offshore wind industry stands at a pivotal moment, with over 4,000 MW of capacity under construction (U.S. Offshore Wind Quarterly Market Report 2024 Q3, Oceantic Network) and ambitious growth... Continue Reading →