(epbr) Global Energy Monitor (GEM) report shows that Latin America has the potential to increase its solar and wind energy capacity by more than 460% by 2030 if all 319 gigawatts (GW) of large-scale new projects announced, in pre- construction or under construction come into operation. This represents an increase of almost 70% in relation... Continue Reading →
Shell Invests in Gulf Wind Technology for Gulf of Mexico Wind Turbine Project
New Orleans-based wind turbine rotor specialist Gulf Wind Technology (GWT) said Monday it had partnered with Shell New Energies US LLC (Shell), through a $10 million investment by the energy company, to create the Shell Gulf Wind Technology Accelerator program. The collaboration includes deploying novel technologies to a demonstrator turbine as early as 2024, designed... Continue Reading →
SSE and partners award survey contracts for Ossian floating wind farm
SSE Renewables, Marubeni Corporation, and Copenhagen Infrastructure Partners (CIP), the consortium behind Ossian floating offshore wind farm in Scotland, have awarded the contract for geotechnical investigations to Fugro and Ocean Infinity. The Netherlands-based Fugro will focus on downhole geotechnical sampling and in-situ cone penetration testing, while Ocean Infinity will focus on the seabed scope which... Continue Reading →
U.S. President proposes more money for offshore wind activities and no tax subsidies for oil & gas in 2024 budget
On 9 March, the Biden-Harris administration released the President’s Budget for Fiscal Year (FY) 2024, with funds for federal agencies’ activities in offshore wind proposed to be increased. The budget also supports the agencies’ work on the next National OCS Oil and Gas Leasing Program, however, in terms of corporate support, it eliminates tax subsidies... Continue Reading →
DNV Names New Offshore Classification Director
Maritime classification society DNV has appointed Torgeir Sterri as the new Offshore Classification Director for DNV Maritime, with effect from 1 March 2023. Lucas Ribeiro, former Area Manager for Iberia, Italy, and Malta, will succeed Sterri as Regional Manager for West Europe. “Offshore classification has long been part of the bed rock of DNV,” says Knut... Continue Reading →
Wales Grants Consent for First Floating Wind Farm
Welsh Ministers have granted a Section 36 consent with deemed planning permission to Blue Gem Wind consortium to build and operate the Erebus floating wind project. The news follows the recent decision by Natural Resources Wales to provide the joint venture between TotalEnergies and Simply Blue Group with a marine licence. Erebus is Wales’ first planned... Continue Reading →
Fugro and Petrobras complete remote subsea inspection survey
Dutch geo-data specialist Fugro and Brazilian oil and gas giant Petrobras have completed what they said is the first-ever remote subsea inspection survey off the coast of Brazil. Fugro used a remotely operated vehicle (ROV) deployed from the Fugro Aquarius to conduct the survey. Office-based personnel piloted the ROV from an operations center in Aberdeen, Scotland, instead of from the... Continue Reading →
With Reserves of its Own, Colombia Does Not Need Venezuela’s Gas -Ecopetrol
(Reuters) Colombia can go without Venezuelan natural gas because of promising offshore developments of its own, Felipe Bayon, chief executive of state-controlled oil company Ecopetrol, told Reuters. Companies have proposed reactivating a dormant gas pipeline that connects Venezuela's Western region with Colombia using a concession granted by Venezuela's state-run PDVSA, which financed and built the 16-year-old line. ... Continue Reading →
Malaysia’s Petronas Posts Higher Q4 Profit, Sees Lower Oil Prices in 2023
(Reuters) Malaysia's state oil firm Petroliam Nasional Berhad on Monday posted a 55% jump in quarterly profit on higher energy prices and bigger sales volume, but warned of moderating prices for this year due to an expected slowdown in the global economy. Petronas, as the company is known, reported a profit of 24.4 billion ringgit... Continue Reading →
3R Petroleum prepared to operate the Potiguar Cluster
(Valor) The company's president, Matheus Dias, said, in a conference call with analysts this Thursday (3/9), that 3R has a mobilized team and has already hired third parties to start operations. The purchase of the pole has already been approved by the board of directors of Petrobras and by the ANP, but has not been... Continue Reading →