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( renewablesnow.com) EDP Renovaveis SA (ELI:EDPR) announced on Thursday it has decided to exit 500 MW of wind projects in Colombia as they are no longer economically viable. The company cited several factors behind their decision, including delays stemming from the 2020 pandemic, shifts in government that prompted adjustments to the requirements for the environmental... Continue Reading →
SBM Offshore and ExxonMobil Guyana Ltd, an affiliate of Exxon Mobil Corporation, have completed the transaction related to the purchase of FPSO Liza Destiny, ahead of the maximum lease term, which would have expired in December 2029. The purchase allows ExxonMobil Guyana to assume ownership of the unit while SBM Offshore will continue to operate... Continue Reading →
(offshore-energy.biz) U.S.-headquartered offshore energy services provider Helix Energy Solutions has confirmed the arrival of its purpose-built DP3 semi-submersible vessel to Namibia’s Port of Walvis Bay to prepare for its decommissioning assignment off the coast of Brazil. The U.S. player won a 12-month deepwater well decommissioning contract with extension options for work in Brazil’s Campos Basin in October... Continue Reading →
(PN) OceanPact announced a new R$697 million contract with Petrobras, for a period of four years, for the charter of the Ilha do Mosqueiro vessel, an OTSV (Offshore Terminal Support Vessel). The vessel will be used for the maintenance of offloading hoses on platform ships (FPSO) and oil tankers (FSO), with high-capacity winches and cranes,... Continue Reading →
Petrobras recently started drilling two new wells in the region, in the North of Brava and Aram blocks, which are located in the Campos and Santos basins, respectively. In Aram, the adjacent pioneer exploratory well 4-BRSA-1395-SPS is in a water depth of 1,757 meters, with drilling being carried out by the Valaris DS-4 rig. The... Continue Reading →
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 →
Jesper Skjong, Contributor (OE) After what we would argue has been an incredibly eventful 2024 with massive deals, tremendous dayrate developments, further charterer backlog build, and the first series of newbuild orders in years, now comes the time when we turn our gaze towards 2025. What are some of the main trends we expect for next... Continue Reading →
(Reuters) - Norwegian energy company Equinor has received an offer from the South Korean government for a fixed-price power purchase agreement for a 750-megawatt (MW) floating offshore wind project, the company said on Thursday. "We have received an offer for an offtake contract for our Bandibuli project," an Equinor spokesperson told Reuters. The company will now... Continue Reading →
BRAVA ENERGIA S.A. (“BRAVA” or “Company”) (B3: BRAV3), pursuant to CVM Resolution No. 44, hereby informs its investors and the market in general that it has signed, on this date, an agreement with PETRORECONCAVO S.A. (“PetroReconcavo”) (“Agreement”), with the objective of defining the contractual principles for a partnership involving the sale of 50% of the... Continue Reading →
(offshore-energy.biz) Ventura Offshore Midco, a subsidiary of the Brazilian deepwater offshore drilling contractor Ventura Offshore, has secured a long-term drillship contract with Petrobras, a compatriot state-owned energy giant, for operations at two oil field developments off the coast of Brazil. Just like Seadrill, which won a drilling deal for 1,095 days plus extension options after a competitive tender,... Continue Reading →
