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(OGJ) Equinor in April will begin drilling the Argerich-1 exploration well in the CAN 100 block in the North Argentinian basin, offshore Argentina. The well will be drilled 315 km from the port of Mar del Plata by the Valaris DS-17 drillship in 1,527 m water depth. It will be the first to be drilled... Continue Reading →
(OE) Germany's top utility RWE has signed six new power purchase agreements (PPAs) with major industrial customers for the supply of around 1,000 GW/h of green power per year from its Kaskasi offshore wind farm, starting from 2026. The PPAs have been signed between RWE Supply & Trading and DHL Group, Ensinger, Evonik, Infraserv Höchst,... Continue Reading →
(OE) Dutch heavy lift shipping and offshore transport and installation contractor Jumbo Offshore has signed a memorandum of understanding (MoU) with Sea Horizon Offshore Marine Services, which will act as its representative in the Middle East region. Sea Horizon Offshore, with its broad network of local partners, will represent Jumbo Offshore to potential clients in... Continue Reading →
(TN) Brazil is the sixth country in the world that invested the most in energy transition and the leader in Latin America, according to BloombergNEF's Energy Transition Investment Trends 2024 report. The document highlighted that the country invested, in 2023 alone, around US$34 .8 billion. Renewable energy, electric vehicles, hydrogen and carbon capture drove year-on-year... Continue Reading →
(PN) While still awaiting approval to drill in the Foz do Amazonas Basin, Petrobras is advancing its exploratory program at another point in the so-called Equatorial Margin. This month, the company began drilling a new well in block POT-M-762, in the Potiguar Basin, 79 km off the coast of the state of Rio Grande do... Continue Reading →
(OET) Offshore drilling contractor Valaris has landed a batch of new contracts and extensions across multiple geographies with Petrobras, Equinor, Harbour Energy, TotalEnergies, Shell, Ithaca Energy, Eni, undisclosed operators, and Anadarko Petroleum Corporation, a wholly-owned subsidiary of Occidental (Oxy). These deals will enable three floaters and six jack-ups in the rig owner’s fleet to undertake... Continue Reading →
(Reuters) - Italian cablemaker Prysmian (PRY.MI), opens new tab has shifted around management in Brazil and Latin America as it gears up local plants to boost supply to the electricity sector and future offshore wind farms in the region, the company told Reuters. Raul Gil Boronat, who led Prysmian in Brazil, took over as CEO for Latin... Continue Reading →
(OE) NOV reports its Lifting & Handling group has sold what is said to be the industry’s first-ever electric subsea crane. The order was booked at the end of 2023 with an undisclosed client in Europe, NOV said. The first-of-its-kind crane offers enhanced efficiency compared to electro-hydraulic cranes, helping lead to reduced vessel emissions, the... Continue Reading →
(OE) After a thorough review, the Norwegian government has approved five applicants for the upcoming offshore wind auction round for Sørlige Nordsjø II (Southern North Sea II). The consortia that qualified for the auction includes Aker Offshore Wind, BP and Statkraft; Equinor adn RWE; Norseman Wind, an Energie Baden-Württemberg (EnBw) subsidiary; Shell, Lyse and Eviny;... Continue Reading →
(OE) The U.S. Department of Energy (DOE) and the National Oceanic and Atmospheric Administration (NOAA) have launched an 18-month initiative to gather extensive weather, ocean, and wildlife data near the sites of active offshore wind farms and lease areas off the coast of the Northeast United States. This effort, which is part of the third phase of... Continue Reading →
Brazil Energy Insight 