(Reuters) - Colombian state energy company Ecopetrol (ECO.CN), opens new tab and its Brazilian counterpart Petrobras (PETR4.SA), opens new tab should work together on developing green hydrogen, Colombian President Gustavo Petro said on Wednesday after meeting Brazilian President Luiz Inacio Lula da Silva. "There is a project that I think we could look at through our two big oil... Continue Reading →
Petrobras informs about mothballed fields sale in the Campos Basin
Petróleo Brasileiro S.A. – Petrobras informs that its Executive Board, at a meeting held today, approved the sale of its entire stake in the Cherne and Bagre fields, located in shallow waters in the Campos Basin, to Perenco Petróleo e Gás do Brasil Ltda (Perenco). Production from the two fields was interrupted in March 2020... Continue Reading →
Petrobras obtains environmental license for drilling in the Potiguar Basin, on the Brazilian Equatorial Margin
Petrobras received the environmental license from Ibama for drilling two exploratory wells in the BM-POT-17 maritime block, in deep waters of the Potiguar Basin, on the Brazilian Equatorial Margin. The first well will be drilled 52 km off the coast. Drilling is expected to begin in the coming weeks, after the rig arrives at the... Continue Reading →
Equinor Granted Permission for Two Offshore Wind Extensions in Britain
(Reuters) Norway's Equinor has been granted a development consent for two extensions on offshore wind projects in Britain, the energy producer said in a statement on Thursday. "With these extensions, Equinor’s wind farms in Norfolk will power nearly 1.5 million households," Equinor said in a statement, adding more assessments would still need to be done... Continue Reading →
SBM Offshore signs a US$250 million short-term corporate facility
SBM Offshore is pleased to announce that it has secured a US$250 million term loan facility. The facility will be fully drawn in the coming days to finance Floating Production, Storage and Offloading vessel (FPSO) construction activities. The tenor of the bridge loan is twelve months with an extension option for another six months. Repayment... Continue Reading →
Californian Floating Wind Tech Company Unveils Aikido One Project, Awards Platform Fabrication Contract
(offshoreWIND.biz) Californian floating wind technology developer, Aikido Technologies, will test a scaled prototype of its technology, said to be the world’s first upending semi-submersible platform, through a project named Aikido One. Aikido Technologies has awarded a contract for the fabrication of a 1:4 scale, 100 kW floating wind platform to Chet Morrison Contractors (Morrison), a... Continue Reading →
All Clear for Construction Start of Virginia’s 2.6GW Offshore Wind Farm
(OE) The U.S. Environmental Protection Agency (EPA) has issued the final air quality permit for Dominion Energy’s 2.6 GW Coastal Virginia Offshore Wind (CVOW) project located off the coast of Virginia Beach in the United States. Issued on April 9 following a 30-day public comment period, the permit authorizes the construction and operation of the... Continue Reading →
Brazil court reinstates Petrobras chairman
(Reuters) - A Brazilian court overturned a previous ruling from a lower tribunal that had suspended state-run oil firm Petrobras (PETR4.SA), opens new tab chairman Pietro Sampaio Mendes from his role, the company confirmed late on Tuesday. Reuters had reported the court decision earlier on Tuesday. Mendes had been suspended by a Sao Paulo judge last week... Continue Reading →
Exclusive: Spain’s Acciona downsizing renewable energy business in Brazil
(Reuters) - Spanish renewable energy firm Acciona Energia (ANE.MC), opens new tab has decided to restructure its businesses in Brazil, it said on Tuesday, after Reuters reported the subsidiary of infrastructure giant Acciona (ANA.MC), opens new tab had been downsizing in the country. The company said the decision to reorganize its unit in Latin America's largest economy was a... Continue Reading →
2.6 GW US Offshore Wind Farm Receives Final Federal Permit, Monopile Installation to Start in May
(offshoreWIND.biz) Dominion Energy’s 2.6 GW Coastal Virginia Offshore Wind (CVOW) project has received an air quality permit from the US Environmental Protection Agency (EPA) – the final federal permit required to begin offshore construction. The installation of monopiles at the project site off the coast of Virginia Beach is scheduled to begin in May. Belgian... Continue Reading →