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(OE) Offshore engineering and design company Sevan, best known for designing cylindrical offshore facilities such as FPSOs and offshore rigs, and which in 2021 announced entry in the floating wind game with its SWACH floating wind foundation design, on Tuesday unveiled a concrete construction option for SWACH Wind. "In addition to its traditional steel construction... Continue Reading →
(Bloomberg) -- Buoyed by the response to its first bond issue in two years, Petroleo Brasileiro SA is considering issuing more debt this year and is poised to buy assets after spending most of the past decade selling refineries and oil-exploration blocks. Strong cash generation combined with low production costs puts Brazil’s state-run oil giant... Continue Reading →
(Reuters) - Ocean Winds, a joint venture between Portugal's main utility EDP (EDP.LS) and French company Engie (ENGIE.PA), said on Tuesday it has lodged applications with the Australian government to develop offshore windfarms off the coast of Victoria. The JV, which participated in the Victoria tender through its bidding company High Sea Wind, has presented applications for three... Continue Reading →
EDF Renewables and Deep Wind Offshore are cooperating with Moreld Ocean Wind for the floating solution at the offshore wind development on Utsira Nord in the Norwegian North Sea. EDF Renewables has been working with Deep Wind Offshore on the first offshore wind projects in Norway since 2021. This work includes producing a competitive bid... Continue Reading →
Subsea7 and EnBW have signed a Memorandum of Understanding to jointly study several offshore wind-powered hydrogen production concepts. Within the framework of a study, the two partners will explore the technical and commercial elements of green offshore hydrogen production, from both pilot and commercial scale facilities, considering bottom-fixed and floating options. EnBW will undertake studies... Continue Reading →
Fraunhofer Institute for Wind Energy Systems (Fraunhofer IWES) has launched a new test rig that enables testing wind turbine blades longer than 115 metres. Vestas, whose latest wind turbine model features 115.5-metre blades, will use the rig to perform the trials needed before starting serial production. “The development of our new wind turbines is an important... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras informs that it concluded today, through its wholly owned subsidiary Petrobras Global Finance B.V. (PGF), the offering of notes in the international capital market (Global Notes), in the amount of US$ 1.25 billion maturing in 2033. The operation was priced on June 26, 2023, as disclosed to the market. Below... Continue Reading →
(OE) Adopting a new approach to marshaling and load-out of wind farm jackets could cut logistics costs for project developers by as much as 60%, according to Heavy Lift Projects (HLP). HLP is an offshore wind farm logistics firm set up in 2021 to "to bring a fresh approach to offshore wind farm logistics at a... Continue Reading →
(epbr) “The route cannot be fully established in the regulated market. We have to develop other sales lines for this energy”, says Equinor's director Andre Leite at the Offshore Week 23 Conference. The executive explained that offshore power generation will enable the development of new electro-intensive markets and attract industries to consume this new renewable... Continue Reading →
(OET) Challenger Energy Group (CEG), the Isle of Man-headquartered oil and gas company focused on the Caribbean and Americas, has been awarded the last remaining available shallow water exploration block located off Uruguay. Other offshore exploration licenses are held by energy majors, including Shell, Apache and YPF, the Argentinian national oil company. After Challenger Energy submitted a bid... Continue Reading →
