Acteon's Data and Robotic division's geo-services brands TerraSond and Benthic have secured a combined geophysical and geotechnical survey work scope with the BlueFloat Energy and Renantis Partnership for the Bellrock and Broadshore offshore wind farms northeast of Aberdeen, Scotland. BlueFloat Energy and Renantis joined forces to develop floating offshore wind projects in response to last... Continue Reading →
496 MW French Offshore Wind Farm Enters Construction Stage
The Eoliennes en Mer des îles d’Yeu et de Noirmoutier (EMYN) consortium, comprising Ocean Winds, Sumitomo Corporation, Banque des Territoires and Vendée Energie, has reached the final investment decision for the Îles d’Yeu and Noirmoutier offshore wind farm in France and thus moved the project into the construction stage. The first offshore operations will take... Continue Reading →
DNV Approves Entrion Wind’s Monopile Concept for 100-Metre Depths
(OW) DNV has awarded Entrion Wind with a Statement of Feasibility for its fully restrained platform (FRP) offshore wind foundation technology said to extend the operating depth of the monopile technology to up to 100 metres. DNV issued a Statement of Feasibility, affirming that the FRP monopile is considered conceptually feasible and a promising candidate... Continue Reading →
Energy trader Gunvor posts record $2.36 bln net profit in 2022
(Reuters) - Gunvor Group posted a record net profit of $2.36 billion in 2022 with a strong performance across all trading desks, the energy trader said in a statement on Wednesday. Gunvor's rivals also had a bumper year amid high price volatility and as Russia's war in Ukraine reshaped global commodity flows, with Vitol and Mercuria previously... Continue Reading →
Petrobras’ delayed pricing changes shakes Lula-Prates relationship, sources say
(Reuters) - Brazil's desire for a faster change in Petrobras' fuel pricing policy (PETR4.SA) has caused friction between President Luiz Inacio Lula da Silva and the oil company's CEO, sources with knowledge of the matter told Reuters. Petrobras Chief Executive Jean Paul Prates, who took office in January after being appointed by Lula, has said several times... Continue Reading →
3R Petroleum 2023 Reserves Certification Report
3R PETROLEUM ÓLEO E GÁS S.A. (“3R” or “Company”) (B3: RRRP3) informs its investors and the market in general regarding the release of the Reserves Certification Report, base date of December 31, 2022, (“Certification 2023”), prepared by independent expert consultancy DeGolyer and MacNaughton, referring to the assets that form its portfolio. The Company highlights that... Continue Reading →
Seabed surveys start for 2 GW ScotWind offshore wind projects – floating and fixed
Thistle Wind Partners (TWP) has launched seabed surveys for its 1 GW Ayre floating offshore wind farm and the 1 GW Bowdun offshore wind farm in Scotland. G-tec is leading the first phase of the work, which is the geophysical surveying of the seabed at both sites, in leasing zones NE2 and E3, from March... Continue Reading →
PRIO on start of production of N5P2 well
Petro Rio S.A. (“Company” or “PRIO”) (B3: PRIO3), informs its shareholders and the market in general of the start of production of the 7-FR-61HP-RJS (“N5P2”) well, in the Frade Field (“Field” or “Frade”), with stabilized initial production of approximately 11,000 barrels of oil per day, above original projections. Thus, the Field has reached 50,000 barrels... Continue Reading →
Petrobras on Pricing Policy
Petróleo Brasileiro S.A. – Petrobras reaffirms its commitment to the practice of competitive prices and in balance with the national market, while avoiding the immediate pass-through of external volatility and exchange rate caused by circumstantial events and confirms that it has received no proposal from the Ministry of Mines and Energy regarding the change in the... Continue Reading →
Siemens Gamesa Delivers Turbines For French Floating Offshore Wind Farm
(OW) The wind turbine components to be installed on the Provence Grand Large floating wind farm offshore France have arrived in Port-Saint-Louis-du-Rhône. The 24 MW Provence Grand Large is located 40 kilometres west of Marseille and 17 kilometres off the coast of Port-Saint-Louis-du-Rhône, in water depths of around 100 metres. The floating wind farm will... Continue Reading →