Fugro is set to deploy its Seawatch floating LiDAR, surface metocean equipment buoys and seabed landers at the offshore site in Scotland where ScottishPower Renewables plans to build its 2 GW MachairWind offshore wind farm, with seabed surveys scheduled to start this summer. Using the Forth Warrior vessel, this month, Fugro will install the equipment at two separate locations... Continue Reading →
Origem Energia to invest BRL 900 million in the Pilar field in the Alagoas Cluster
The National Petroleum Agency (ANP) approved the revision of the Development Plan for the Pilar field, in the Alagoas Cluster (Petrobras divestment). The asset is operated by Origem Energia, which should disburse R$ 916 million in investments in the area. In the revision of the plan, the operator states that it should drill 15 new... Continue Reading →
Wood Group to Engage with Apollo on $2.1B Proposal
(Reuters)John Wood Group said on Monday it has decided to engage with Apollo Management for a firm offer from the private equity firm for a final buyout price of 240 pence per share, which values the group at about 1.66 billion pounds ($2.06 billion). Apollo is now required to announce a firm intention to make... Continue Reading →
Chinese company SPIC signs agreement with Prumo for hydrogen and offshore wind in Porto Açu
(epbr) SPIC Brasil, a subsidiary of the Chinese generator, closed an agreement with Prumo Logística, a company controlled by the EIG that is responsible for the development of Porto do Açu, for joint renewable energy projects in the port complex located in the north of Rio de Janeiro. The Memorandum of Understanding (MoU), signed during... Continue Reading →
Petrobras on BioRefining Program
Petróleo Brasileiro S.A. – Petrobras, regarding the pieces of news published in the media, clarifies that as part of its BioRefining Program it is conducting new project studies to expand the production of Diesel R, Petrobras fuel produced by co-processing mineral diesel with vegetable oil, which contains a portion of green diesel (HVO), which may... Continue Reading →
Petrobras on Jubarte agreement with ANP
Petróleo Brasileiro S.A. – Petrobras informs that the National Petroleum Agency (ANP) approved, on April 14, 2023, a proposal for an agreement between the ANP and Petrobras for the termination of the lawsuit and all pending issues involving the updating of the physical-chemical characteristics of the Jubarte Current and its impact on the recalculation of... Continue Reading →
Swedish Energy Agency Outlines Where 30 GW of Offshore Wind Could Be Installed, Calls for Prioritising Energy Production in Marine Planning
(OW) The Swedish Energy Agency has issued a report that provides a basis for the country’s marine planning to enable 120 TWh of offshore wind energy production (or 30 GW in generation capacity). However, while the report points to areas that could accommodate further offshore wind capacity, the authorities are yet to designate new marine... Continue Reading →
Petrobras on natural gas prices for distributors
Petróleo Brasileiro S.A. – Petrobras, announces that as of 05/01/23, according to the contracts agreed upon by the Company with the distributors, the updated natural gas sales prices will have an average reduction of 8.1% in R$/m³, in relation to the February-March-April quarter, considering the variation in the price of the molecule and its transportation... Continue Reading →
Brazil’s Acelen to invest $2.44 billion in renewable diesel business
(Reuters) - Mubadala Capital backed-Acelen will invest 12 billion reais ($2.44 billion) over 10 years to make "green" diesel and jet fuel in Brazil, starting in 2026, in a move that will place the company among global leaders in this segment, executives told Reuters. The new biorefinery, which the energy company plans to begin building... Continue Reading →
Siemens Gamesa Taps Cadeler for Offshore Wind Installation Gig in Denmark
Danish offshore wind installation contractor Cadeler has signed a contract with Siemens Gamesa to transport and install 26 Siemens Gamesa 11MW wind turbines at the Aflandshage wind farm developed by HOFOR, Greater Copenhagen utility company. The contract has a day rate above 375,000 euros (currently around $412,185). When completed, the offshore wind farm will have... Continue Reading →