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(epbr) The government of Rio Grande do Norte (RN), EDF Renewables and Internacional Energias Renováveis (IER) signed a memorandum of understanding (MoU) for cooperation in offshore wind power generation projects and green hydrogen production in the state. EDF Renewables has ambitions to develop, build and operate a wind farm complex on the high seas, on... Continue Reading →
(Reuters) - Portugal's first auction of licenses to build offshore wind farms, set to be launched by the end of the year, is aimed for projects with a total installed capacity of more than 1 gigawatt (GW), Energy Secretary Ana Fontoura said on Tuesday. In January, the Socialist government announced a public hearing to propose five areas... Continue Reading →
(OET) Dalian Shipbuilding (DSIC), part of China State Shipbuilding Corporation (CSSC), has delivered a floating production storage and offloading (FPSO) vessel bound for an Equinor-operated field off Brazil. Back in June 2021, Equinor made the final investment decision (FID) for the $8 billion worth Bacalhau project. A few days later, MODEC officially confirmed a contract award with Equinor to deliver the engineering, procurement,... Continue Reading →
(OE) Italian offshore services firm Saipem said Tuesday that its Integrated Acoustic Unit (I.A.U.) technology for monitoring of subsea pipelines during laying operations had obtained the statement of qualified technology for medium and large pipelines by DNV. Saipem describes its I.A.U. as an innovative digital instrument, developed by Saipem and based on acoustic technology, which... Continue Reading →
(Bloomberg) — Every morning, more than 600 workers clock in at the Louisiana shipyard where the Eco Edison, the first US-built vessel to service offshore wind farms, is under construction. At quitting time, a parade of pickups and dusty sedans forms a traffic jam on the road back into town, past buildings that serve the... Continue Reading →
(Reuters) - Colombian majority-state-owned oil company Ecopetrol and Spanish energy business Repsol have discovered hydrocarbons at the Tinamu-1 exploration well in Colombia's Meta province, the companies said on Monday. The well is located in the CPO-9 block, in which Ecopetrol (ECO.CN) holds a 55% stake and serves as the operator, while Repsol (REP.MC) holds the remaining 45%, the companies... Continue Reading →
(OET) As the green energy push gathers speed, propelling the shift to renewable energy sources forward, this raises concerns about oil and gas projects being in danger of turning into stranded assets while the world hurtles towards net-zero. However, the potential of converting the existing fossil fuels infrastructure for use in the offshore wind industry... Continue Reading →
Canada-based Shawcor has informed that its pipe coating division, Pipeline Performance Group (“PPG”), has received a formal contract award for a development project, located offshore in South America. Shawcor had previously announced its conditional award, pending project sanction, in late 2022. Shawcor will provide thermal insulation and anticorrosion coating services from an unnamed Western Hemisphere... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras informs that it has approved new natural gas sales products and is participating in the competitive public call processes for state distributors with the new commercial portfolio. With the opening of the natural gas market, which already has contracts with more than 14 suppliers, the company has developed a new... Continue Reading →
3R PETROLEUM ÓLEO E GÁS S.A. (“3R” or “Company”) (B3: RRRP3), in compliance with the provisions of CVM Resolution No. 44, and following the material fact disclosed on May 16, 2023, informs its investors and the market in general that repairs of the offloading system on platform 3R-3 (FPSO) were concluded on May 24 and on... Continue Reading →
Brazil Energy Insight 