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(offshoreWIND.biz) Belgian company Bekaert will develop new floating wind mooring systems as part of the TAILWIND project that was launched in January this year by companies from the offshore wind industry, academia and research organisations to deliver advanced station-keeping technologies for floating wind. The TAILWIND project, funded by the EU’s Horizon programme, will develop innovative... Continue Reading →
(Reuters) - BP (BP.L), opens new tab said on Tuesday it expects first-quarter upstream production of both oil and gas as well as low-carbon energy to be higher than the previous three months. The London-listed oil major also expects strong results in oil and gas trading, along with a $100 million-$200 million boost from improved oil refining... Continue Reading →
(Reuters) BP is close to an agreement to sell some of its Trinidad and Tobago oil and gas assets to Anglo-French oil company Perenco, according to three people familiar with the talks. BP is Trinidad and Tobago's largest natural gas producer with an output of just over 1.3 billion cubic feet per day (bcfd), most... Continue Reading →
(offshoreWindbiz) Brazil’s SENAI Institute for Innovation in Renewable Energies (ISI-ER) installed a LiDAR in the Paracuru municipality in the state of Ceará on 3 April, the last piece of equipment of what is said to be the largest offshore wind resource monitoring network in Brazil. Through an agreement with the Ministry of Science, Technology and... Continue Reading →
(offshoreWind.biz) Brazil’s SENAI Institute for Innovation in Renewable Energies (ISI-ER) expects to receive a licence for a pilot offshore wind project in the state of Rio Grande do Norte in the second half of this year. ISI-ER filed an application with the country’s Institute for the Environment and Natural Resources (IBAMA) at the beginning of... Continue Reading →
KEY TAKEAWAYS Starting April 10, citizens of Australia, Canada, and the US will need visas to enter Brazil. Travelers can receive their eVisas upon arrival, valid for up to 90 days, with the option to extend for another 90 days, but not exceeding 180 days within a year. Brazil has reinstated visa requirements, overturning previous... Continue Reading →
(Reuters) - Guyana’s efforts to use its natural gas resources to fuel a power plant that would slash the South American nation's energy costs have snagged on construction delays and threaten to curtail the rising oil hotspot's revenue this year by about $1 billion. The $1.9 billion gas-to-power project, Guyana's biggest effort to capitalize on its... Continue Reading →
(OE) Marine seismic data company PGS has received a letter of award for a large 3D contract offshore South Atlantic margin from a multiclient company. A Ramform Titan-class vessel is scheduled for mobilization in June, with a forecast acquisition duration of up to 300 days. The value of the contract has not been disclosed, but... Continue Reading →
(PN) Enauta recorded total production of 745 thousand barrels of oil equivalent in March 2024 and more than 2.3 million barrels of oil equivalent in the first quarter of this year. The company's average production between January and March was 25,500 barrels of oil equivalent per day, an increase of approximately 70% compared to the... Continue Reading →
(Bloomberg) A battle in the National Congress to extend contracts for coal-fired thermal plants is blocking the arrival of the long-awaited offshore wind industry in Latin America's largest economy. A bill to regulate the sector is currently stalled in the Federal Senate, after a group of deputies presented a series of amendments, including one to... Continue Reading →
Brazil Energy Insight 