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(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 →
Specialist offshore wind engineering consultancy Wood Thilsted has signed a memorandum of understanding (MoU) with multiple industry and research institutions to jointly advance nature inclusivity in offshore wind farm designs. The joint industry project (JIP) aims to redefine what it means to create offshore wind farms that positively impact natural ecosystems throughout their lifecycle. The... Continue Reading →
(offhore-energy.biz) Bermuda-headquartered offshore drilling contractor Seadrill has welcomed back to its rig fleet two drillships, which are getting the finishing touches out of the way to begin their new multimillion-dollar drilling assignments off the coast of Brazil, which are slated to last until the end of 2027. With the acquisition of Aquadrill in April 2023,... Continue Reading →
(OE) U.K.-based high voltage (HV) engineering specialist Ventus Energy has launched its U.S. entity with two East Coast locations to further support the rapidly growing offshore wind industry in the United States. Operating as Ventus Energy Incorporated, the primary office is located in Brooklyn, New York, within the Industry City complex, placing it close to... Continue Reading →
Petróleo Brasileiro S.A. - Petróleo Brasileiro S.A. – Petrobras (“Petrobras”) (NYSE: PBR) announces that its wholly-owned subsidiary Petrobras Global Finance B.V. (“PGF”) has delivered notices of redemption to the holders of the outstanding 5.299% Global Notes due 2025 (the “2025 Notes”) and 6.250% Global Notes due 2026 (the “2026 Notes” and, together with the 2025... Continue Reading →
Brazil Energy Insight 