Brought to you by Quest Offshore & Southern Cone Consultants
(Bloomberg) President Luiz Inacio Lula da Silva, who has long tried to position himself as an independent arbiter in global conflicts, now faces the uncomfortable task of mediating a crisis between Brazil’s northern neighbors Venezuela and Guyana. Escalating tensions over Essequibo, an oil-rich region roughly the size of Florida that’s controlled by Guyana but claimed... Continue Reading →
(OET) U.S. oilfield services company Weatherford International has secured a multi-year contract to deliver drill pipe riser (DPR) intervention services to Brazilian state-owned oil and gas giant Petrobras. Weatherford announced it had been awarded a five-year contract with Petrobras in Brazil, after a competitive tender, to provide DPR ultra-deepwater offshore intervention systems and services. The new seven-system... Continue Reading →
(OW) The European Commission has given France the green light to support the construction and operation of two floating offshore wind farms in the Gulf of Lion with EUR 4.12 billion, which will be awarded through a tender the French government is expected to launch next year. Developers of the two floating wind farms, each... Continue Reading →
(OET) Yinson Production, an offshore production business arm of Malaysia’s Yinson Holdings, has made a move to slash its carbon footprint by making a strategic investment in Ionada, in recognition of the potential the firm’s carbon capture technology holds as a tool to decarbonize FPSO operations and lead to emissions reduction in the hard-to-abate industries.... Continue Reading →
(OET) Italian cabling giant Prysmian has secured a contract worth over €100 million with Brazil’s state-owned oil and gas giant Petrobras for the provision of umbilicals and steel tube. Under the contract, Prysmian will deliver 170 kilometers of deep-water electro-hydraulic umbilicals and the related specialized offshore and logistic services. The deep-water steel tube and thermoplastic umbilicals... Continue Reading →
(Reuters) - Brazil's largest-ever power transmission auction by expected investment volume may see little competition, experts and executives said, as the need for billions of dollars in investments and tech expertise may dissuade potential bidders. In the last five years, Brazil's transmission lines auctions have had on average at least six bidders for each allotment,... Continue Reading →
(PN) The board of directors of the National Petroleum Agency (ANP) approved the geological and economic studies that resulted in the delimitation of two more pre-salt exploratory blocks: Rubi and Granada, both located in the Santos Basin. The agency will forward the studies to the Ministry of Mines and Energy (MME) to analyze the feasibility... Continue Reading →
(Reuters) Chinese wind turbine maker Envision Energy believes "it's easy" to meet an international pledge made at the COP28 climate summit to triple renewables by 2030. "This is not visionary," Envision CEO Lei Zhang told Reuters on the sidelines of the summit in Dubai. "If you look at the wind and solar growth rate in... Continue Reading →
The Crown Estate has revealed details of a new leasing round, known as Round 5, for three commercial-scale floating wind projects in the Celtic Sea. Located off the coast of South Wales and South West England, the sites will have a combined capacity of up to 4.5 GW, enough to supply four million homes with... Continue Reading →
Japanese utility, the Kansai Electric Power Company (Kansai), has joined the Source Galileo, Odfjell Oceanwind, and Vår Energi partnership which is developing a floating offshore wind project at the Goliat platform outside Hammerfest in Norway. Located approximately 95 kilometres from Hammerfest at a depth of 3-400 metres, the GoliatVIND floating offshore wind project could add... Continue Reading →
Brazil Energy Insight 