(OE) Danish engineering group Ramboll has joined the Global Offshore Wind Alliance, a public-private forum working to accelerate global offshore wind capacity. Founded by the Government of Denmark, the International Renewable Energy Agency (IRENA), and the Global Wind Energy Council (GWEC), GOWA brings together 14 countries and key actors in the wind industry around the shared... Continue Reading →
U.S. BOEM Completes Environmental Review of Coastal Virginia Offshore Wind Project
(OE) The U.S. Bureau of Ocean Energy Management (BOEM) said Monday it had completed its environmental review of the proposed 3GW Coastal Virginia Offshore Wind (CVOW) commercial project, which BOEM estimates could power about 1 million households, if approved. “The completion of our environmental review marks another step towards a clean energy future—one that... Continue Reading →
Mexico’s First Offshore LNG Plant to Receive Final Piece Soon
(Reuters) The last major piece of infrastructure needed to start production at Mexico's first floating liquefied natural gas (LNG) plant is set to depart from a Texas shipyard next week, the U.S. Coast Guard said in a notice to shippers. LNG developer New Fortress Energy is planning to begin production at the 1.4-million-tons-per-year floating plant... Continue Reading →
Chevron readies new oil drilling push in Venezuela to boost output
(Reuters) - Chevron Corp (CVX.N) plans to add 65,000 barrels per day (bpd) of Venezuelan oil output by the end of 2024 through its first major drilling campaign in the nation since Washington allowed it to restore production clipped by U.S. sanctions, three people familiar with the matter said. The effort could help Venezuela keep lifting crude... Continue Reading →
IBAMA grants installation license for FPSO Almirante Tamandare
(PN) The Brazilian Environmental Institute (IBAMA) granted Petrobras the installation license for the platform ship (FPSO) Almirante Tamandare, which will be installed in the Buzios field, in the pre-salt of the Santos Basin. The platform's first oil is scheduled for the second half of 2024. The vessel will be the sixth definitive production unit in... Continue Reading →
1 GW Hai Long Offshore Wind Project Nears Financial Close
(OW) Hai Long Offshore Wind Project, a joint venture between Northland Power and Mitsui & Co., has signed a credit agreement to secure TWD 118 billion (approximately USD 3.7 billion) long-term over 20-year non-recourse financing (equivalent of CAD 5 billion) for the 1 GW offshore wind farm in Taiwan. The non-recourse project financing will be... Continue Reading →
US Government Backs Offshore Wind Supply Chain Development, Funds Innovation
(OW) Nine US East Coast states and four federal agencies have signed a memorandum of understanding (MoU) to strengthen regional collaboration on offshore wind supply chain development. In addition, the US Department of Energy (DOE) revealed that multiple projects received funding totalling USD 72 million to address wind energy deployment challenges. According to a press... Continue Reading →
SBM Offshore and Mitsubishi Heavy Industries to launch CO2 Capture in FPSOs
SBM Offshore and Mitsubishi Heavy Industries (MHI) announced the signing of a partnership agreement that will offer a CO2 capture solution for platform ships (FPSOs). The agreement is the result of a successful engineering and design study between the companies, demonstrating the technical feasibility and commercial readiness of offshore CO2 capture technology. According to SBM,... Continue Reading →
Petrobras launches tender for sustainable decommissioning of FPSO P-33
(TN) Petrobrás published the tender for the sale of the platform ship (FPSO) P-33, which is currently located in the Campos Basin, in the Marlim field. The bidding will follow the same model as the decommissioning of P-32, within the company's new guidelines for recycling and sustainable disposal of vessels. The sale notice maintains the... Continue Reading →
BP, Shell reach agreement with Trinidad to explore deepwater blocks
(Reuters) - A BP Plc (BP.L) and Shell Plc (SHEL.L) consortium have reached an agreement with Trinidad and Tobago to explore three deepwater blocks for hydrocarbon production in the Caribbean country, Minister of Energy Stuart Young said on Thursday. The deal would help Trinidad speed up offshore exploration and production to secure more natural gas to support its liquefied... Continue Reading →