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(OW) Offshore Wind Consultants, an ABL Group company headquartered in London, has entered into an agreement to acquire 100 per cent of the shares of Denmark-based offshore wind consultancy, Delta Wind Partners (DWP). The acquisition, expected to close in the third quarter, is said to expand OWC’s technical offering in wind turbines and in consultancy at... Continue Reading →
Petrobras made new advances in its exploratory program in the Santos Basin. This time, the company started drilling the second extension well in block SM-623, where the Sagitario prospect is located. The well received the technical name 3-BRSA-1388D-SPS and is located in a water depth of 1,867 meters. Drilling meets a requirement made by the... Continue Reading →
(Reuters) - Nascent oil producer Guyana is not interested in joining the Organization of the Petroleum Exporting Countries (OPEC), Guyanese Vice-President Bharrat Jagdeo said on Monday, as the South American country looks to rapidly boost production and attract new operators. Guyana - which has become one of fastest growing crude-oil producers in the world since... Continue Reading →
Spanish renewable energy company Iberdrola said Monday it would help deliver renewable offshore wind power from the Long Island grid to New York City and Westchester County. The company said it would add approximately 90 miles (about 150 km) of new high-voltage transmission lines that will run the distance underground and underwater. "The project will... Continue Reading →
Classification society ABS announced it has granted approval In principle (AIP) to Wison Offshore and Marine’s (WOM) Extended FEED on its standardized 3.5 MTPA floating liquefied natural gas (FLNG) design. WOM has said the standardized design reduces CO2 emissions and results in a shortened engineering schedule by about 40%. Jiang Hao, WOM General Manager, FLNG... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras announces that its wholly owned subsidiary Petrobras Global Finance B.V. - PGF plans to offer a new series of bonds in the international market in a new issue, subject to market conditions. The bonds will be issued with Petrobras' full and unconditional guarantee. PGF intends to use the net proceeds... Continue Reading →
(PN) Petrobras has again extended the deadline for submitting proposals in the bidding process for contracting the new FPSO in the Albacora field. Now, the companies involved in the process will be able to file their bids until the 15th of September, as stated on the Petronect website. This is the second calendar postponement. As... Continue Reading →
Offshore engineering services firm DORIS has secured a second Front-end Engineering Design (FEED) contract for the Gray Whale 3 floating offshore wind farm in South Korea. The scope of the FEED includes the project’s full electrical and communications system to the grid connection, array and export cabling, and all aspects of the fixed offshore substation... Continue Reading →
Ørsted and Repsol have signed a Memorandum of Understanding with the Port Authority of A Coruña to facilitate the development, construction, operation and maintenance of future floating offshore wind projects in Spain. Madrid-based multi-energy company Repsol and Ørsted signed an agreement in April last year to identify and jointly develop floating wind projects offshore Spain.... Continue Reading →
Renexia, the company behind Italy’s first offshore wind farm and the first to be built in the Mediterranean Sea, has contracted Seas Geosciences to study the most environmentally sustainable mooring and anchoring solutions for Med Wind, a 2.8 GW floating wind project proposed to be built in the Strait of Sicily. Seas Geosciences, part of Sealaska’s Woocheen... Continue Reading →
Brazil Energy Insight 