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(PN) As of today, the domestic Oil & Gas market will have a new company operating ultra-deep water drilling assets. Created from the restructuring of the Ocyan Drilling Unit, Foresea is born with a totally independent operation and with great potential for new investments. Its main shareholders are international funds. Under the presidency of the... Continue Reading →
The Offshore Renewable Energy (ORE) Catapult has joined forces with leading offshore wind developers and seabed mobility experts to provide clear guidance on seabed change and how it affects offshore wind and marine energy projects. ORE Catapult is leading a consortium of offshore renewables giants – SSE, ESB, Scottish Power Renewables, and RWE – with... Continue Reading →
3R PETROLEUM ÓLEO E GÁS S.A. (“3R” or “Company”) (B3: RRRP3), following best practices in corporate governance, informs its investors and the market in general the preliminary unaudited production data for May 2023. (1) It does not consider gas production at the Areia Branca, Fazenda Belém and Papa Terra Clusters, as it is consumed in... Continue Reading →
German renewable energy company RWE said Wednesday that 40 of the 72 offshore wind turbines at what will be Denmark's largest offshore wind farm Thor will be equipped with recyclable rotor blades. The 40 SG 14-236 DD wind turbines will be equipped with recyclable rotor blades manufactured by Siemens Gamesa. Installation at sea is expected... Continue Reading →
(OET) UK-headquartered energy giant Shell has decided to step up its decarbonization efforts by boosting its low-carbon energy solutions business with investments of $10-15 billion over the next two years. This is part of the oil major’s transformation strategy to help usher in a balanced energy transition. Shell is actively working on curbing emissions not... Continue Reading →
(Reuters) Equinor plans to expand its oil production in Brazil more than fivefold over the next decade, while also eyeing green energy projects, especially in offshore wind power, an executive for the Norwegian energy giant said on Tuesday. The company aims to boost output to more than 500,000 barrels of oil equivalent per day (boed)... Continue Reading →
Norwegian energy firm Equinor has selected the engineering firm DORIS to provide Owner’s Engineering services under a Master Services Framework Agreement for offshore wind and low-carbon projects. Across the five-year agreement, DORIS will provide its expertise in these energy industries to Equinor across its project portfolio. DORIS will deliver services to Equinor across three central... Continue Reading →
The UK’s pipeline of offshore wind projects has reached 97,944 MW, up from 91,287MW a year ago, while the global pipeline topped 1.23TW, an increase of nearly 400GW in the last year. This is according to RenewableUK’s latest EnergyPulse market intelligence data report. The pipeline includes projects at every stage of development: operational, under construction,... Continue Reading →
(OE) Frontera Energy Corporation, in partnership with CGX Energy, said Tuesday it had reached total depth (TD) of 20,450' on the Wei-1 bypass exploration and appraisal well (Wei-1BP1), offshore Guyana. The original Wei-1 wellbore reached a depth of 19,142'. A bypass well (Wei-1BP1) was drilled from 18,757' to total depth (TD) and penetrated the primary... Continue Reading →
(PH) Angelica Ruiz took charge of bp in Brazil just three months ago, but she already has a lot of work ahead of her. The executive, who accumulates the position of VP of Latin America, has the challenge of leading the operation of a company that, present in the country since 1957, operates in the... Continue Reading →
Brazil Energy Insight 