SSE Renewables, Marubeni and Copenhagen Infrastructure Partners (CIP) have submitted the Environmental Impact Assessment (EIA) Scoping Report for the array area of their Ossian floating wind farm to Marine Scotland. According to the report, the wind farm could have up to 270 wind turbines and six offshore substations. The consortium won the development rights for the Scottish... Continue Reading →
3R Petroleum Production Data February 2023
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 February 2023. (1) Refers to the 35% Interest held by 3R in Pescada Cluster concessions. (2) In February, approximately 60% of the gas produced... Continue Reading →
Petrobras on the Divestment Processes
Petróleo Brasileiro S.A. – Petrobras, following up on the release disclosed on March 1, 2023, informs that its Executive Board has forwarded for the appreciation of the Board of Directors the following proposal for response to Letter 166/2023/GM-MME from the Ministry of Mines and Energy (MME): we carried out a preliminary study on the divestment... Continue Reading →
Report: Drilling contracting activity slows as operators take pause
(OM) Drilling contracting activity has slowed in March with only a few contracts announced so far this month, according to Evercore ISI’s latest Offshore Rig Market Snapshot. This follows a “busy” February where five drillships and four jackups secured new multi-year terms. This included a new three-year contract from Petrobras for the Valaris DS-8, which was... Continue Reading →
Ibama issues operating license for the FPSO Ana Nery
The Brazilian Institute of the Environment (Ibama) issued the operating license for the FPSO Anna Nery, which will be installed in the Marlim field, in the Campos Basin. The document is valid for eight years. The vessel has the capacity to produce up to 70,000 barrels of oil per day and process up to 4... Continue Reading →
Jan De Nul Starts Gode Wind 3 and Borkum Riffgrund 3 Contract
(OE) Offshore installation company Jan De Nul has officially started the transportation and installation contract for the construction of Ørsted’s 242 MW Gode Wind 3 and 900 MW Borkum Riffgrund 3 offshore wind farm in Germany. The first batch of three monopile foundations has left Steelwind’s yard in Nordenham (Germany) to Eemshaven (The Netherlands), which... Continue Reading →
Marubeni-funded green hydrogen injection demonstration project kicks off in Portugal
Japan’s Marubeni Corporation has launched the first green hydrogen injection demonstration project in the natural gas distribution network of Portugal through its investment in Floene Energias, a gas distribution system operator in Portugal with over 70% of the country’s market share. According to Marubeni, in this demonstration project, Floene is transporting green hydrogen through its... Continue Reading →
Dogger Bank A Sets Sail: Giant Offshore Wind Farm Takes Another Step Forward
Dogger Bank A, a substation for the first phase of the giant Dogger Bank offshore wind farm in the UK, sailed away from Aibel's Yard in Haugesund, Norway, on Thursday. Dogger Bank A is the first of three Offshore Wind Platforms Aibel is building on behalf of the Dogger Bank wind farm consortium comprising Equinor,... Continue Reading →
Eni Discovers 200 Million Barrels of Oil Offshore Mexico
Italian oil company Eni said Friday it had made a new discovery on the Yatzil exploration prospect in Block 7, located in the mid-deep water of the Cuenca Salina in the Sureste Basin, offshore Mexico. According to preliminary estimates, the new finding may contain around 200 million barrels of oil (MBoe) in place. Yatzil-1 EXP... Continue Reading →
After Delay, BW Energy Expects Closing of Petrobras’ Oil Field Acquisition in Q2 2023
Oslo-listed oil and gas company BW Energy said Thursday the process to acquire Petrobras' interests in working interest in Golfinho and Camarupim deepwater oil fields and the related FPSO from Saipem was about to resume. In June 2022, BW Energy signed an agreement to acquire 100% working interest (WI) in the Golfinho and Camarupim Clusters and 65%... Continue Reading →