(Reuters) - Brazil's state-run oil company Petrobras (PETR4.SA) expects to do exploratory drilling next year near the mouth of the Amazon River, along the coast of the state of Amapa, Chief Executive Jean Paul Prates said. The region is part of Brazil's Equatorial Margin, an area that Petrobras considers its most promising new frontier for oil and... Continue Reading →
Petrobras and Norway Partner for Energy Transition
(YP) Petrobras is looking to strengthen its partnership with Norwegian companies on energy transition. The move comes as Brazil seeks to reduce its greenhouse gas emissions and achieve net-zero emissions by 2050. In a recent announcement during the event "The Role of Norway and Brazil in the Energy Transition" organized by the Brazil-Norway Chamber of... Continue Reading →
Scottish Floating Wind Farm Project Seeks to Reduce Number of Turbines while Keeping Capacity
(OE) The Copenhagen Infrastructure Partners-led Pentland Floating Offshore Wind Farm project in Scotland has submitted an application to vary its Section 36 consent and associated marine licenses as a result of further survey work and advancements in project design. The S36 Consent and associated marine licenses were granted by the Scottish Government Marine Directorate for... Continue Reading →
WoodMac: Swift action needed to ratchet up carbon capture and reach net-zero by 2050
(OET) As the energy transition spreads its wing, new low-carbon and green sources of supply are springing up, however, Wood Mackenzie, an energy intelligence group, believes that these emerging sectors will not be able to usher in a net-zero by 2050 era without carbon capture, utilization and storage (CCUS). As a result, the company emphasizes the... Continue Reading →
Biden selects 7 hydrogen hubs across 16 states for $7 billion in US grants
(Reuters) - President Joe Biden will announce in Philadelphia on Friday the recipients of $7 billion in federal grants for the development of regional hydrogen hubs, advancing a key part of his administration's broader plan to decarbonize the U.S. economy. Seven proposed hubs spanning 16 states from Pennsylvania to California were selected in the program,... Continue Reading →
SBM Offshore awarded FEED contracts for Whiptail project in Guyana
SBM Offshore is pleased to announce it has been awarded contracts to perform Front End Engineering and Design (FEED) for a Floating Production, Storage and Offloading vessel (FPSO) for the Whiptail development project in Guyana. Following FEED and subject to government approvals in Guyana of the development plan, project sanction including final investment decision by... Continue Reading →
Novel Design for Floating Offshore Wind Approved by ABS
(OE) ABS issued an approval in principle (AIP) to ECO TLP and MOCEAN-Offshore BV for a floating offshore wind turbine support structure. The unique design from ECO TLP utilizes slip-formed cylindrical concrete hulls and gravity anchors, which, when combined with a tension-leg mooring system, has a smaller footprint than traditional structures using steel column-stabilized hulls. “Offshore floating wind will play... Continue Reading →
NY Will Not Change Offshore Wind and Power Sales Contracts
(Reuters) New York regulators on Thursday denied requests by developers of offshore wind projects and dozens of land-based renewable projects seeking billions of dollars in additional funding for existing contracts to sell power. The state denial could force developers to cancel some money-losing contracts and cancel or delay projects to sell power in New York... Continue Reading →
Marubeni and Partners to Invest Billions of Euros in UK Offshore Wind, Green Hydrogen Projects
(OW) Japan’s Marubeni has signed a memorandum of understanding (MoU) with the Department for Business and Trade of the UK Government on comprehensive cooperation in clean energy projects, including offshore wind and green hydrogen businesses in the UK. According to Marubeni, the MoU affirms the partnership between the UK Government and the company, indicating the... Continue Reading →
French Floating Wind Pilot Project Stands Complete
(OW) The third and final wind turbine of the Provence Grand Large floating offshore wind project was installed 17 kilometres off the coast of Port-Saint-Louis-du-Rhône, France. Less than a month after the first departure from the Port of Marseille Fos, the other two wind turbines were in turn towed offshore and anchored at a depth of around... Continue Reading →