Brought to you by Quest Offshore & Southern Cone Consultants
It has been announced that Inyanga Marine Energy Group is taking over the D10 tidal turbine in France. The D10 tidal turbine was the first grid-connected tidal turbine in France, initially deployed in 2015. It is located in the Fromveur Passage, off the coast of Brittany, and provides clean sustainable energy to the remote island... Continue Reading →
(oilnow.gy) Suriname’s second final investment decision (FID) is expected from Petronas for a potential Block 52 development, Managing Director of Staatsolie, Annand Jagesar has said. Petronas Suriname E&P is the operator of Block 52 with a 50% participating interest. ExxonMobil Exploration and Production Suriname B.V. holds the other 50%. Three significant discoveries were made at... Continue Reading →
(PN) Petrobras officially launched (14) the invitation to tender for the FPSO P-86, which will be part of the revitalization project for the Marlim Sul and Marlim Leste fields. The opening of the envelopes with the bidders' proposals is expected to take place only on April 8 of next year. However, as has been seen... Continue Reading →
(oedigital.com) Certification body DNV has launched the second phase of its floating substation joint industry project (JIP), which aims to establish standards for offshore substations in the growing floating wind sector. The new phase will play a key role in refining guidelines and closing technology gaps, with participation now expanding to 19 leading industry players.... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras communicates that FPSO Maria Quitéria initiated today production operations in the Jubarte field, located in the pre-salt Campos Basin in the area known as Parque das Baleias, in the State of Espírito Santo. The unit has the capacity to produce up to 100 thousand barrels of oil per day and... Continue Reading →
(Reuters) - Brazil's Petrobras is discussing a partnership with Vale to help the mining company lower carbon emissions, the state-run oil firm's Chief Executive Magda Chambriard said on Monday. WHY IT'S IMPORTANT The two Brazilian companies are among the largest in Latin America by market value. Chambriard said the firms will "help each other" decarbonize, with a... Continue Reading →
(offshoreWIND.biz) A 26 MW offshore wind turbine has been rolled off the production line by China’s Dongfang Electric Corporation (DEC) in Fuzhou, Fujian Province. The company said the offshore wind turbine is tailored for areas with wind speeds of 8 m/s and above and has strong resistance to typhoons and corrosion. The wind turbine’s hub... Continue Reading →
(CPG) With new contracts, billion-dollar investments and overcoming a crisis that almost paralyzed the sector, Brazilian companies are ready for a new cycle of growth. The Brazilian maritime support segment has suffered a drastic decline in recent years. In 2014, more than 500 vessels were active in the country, but in 2019, that number fell... Continue Reading →
(Reuters) South Korean conglomerate Hanwha Group on Monday raised its offer for the remaining stake it does not already own in Singapore's Dyna-Mac, valuing the offshore oil and gas contractor at S$790.6 million ($605.41 million). The improved offer of S$0.67 per share represents a 35.4% premium to Dyna-Mac's last traded price on Sept. 10, before... Continue Reading →
(Reuters) - Brazil's Petrobras is set to reduce planned investments for next year, despite requests by the government for the state-run oil firm to increase CAPEX, three sources close to the matter told Reuters. The firm foresaw $21 billion of investments for next year, but spending could be down to around $17 billion, according to initial... Continue Reading →
Brazil Energy Insight 