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(OED) Community Offshore Wind, a U.S. joint venture between RWE Renewables and National Grid, has awarded Fugro an offshore survey contract to support site appraisal and concept design activities in the New York Bight. The joint venture was last year succesful in a joint bid in the New York Bight offshore lease auction which it secured area OCS-A... Continue Reading →
(OE) Shell's Brazilian subsidiary Shell Brasil Petróleo will not be making final investment decision (FID) on its Gato do Mato oil and gas field development offshore Brazil within the next 12 to 24 months. This is according to FPSO leasing firm BW Offshore which said Monday that Shell had informed it of its decision. BW... Continue Reading →
The National Petroleum Agency (ANP) announced a new record for the oil and gas sector in Brazil. The country produced 4.18 million barrels of oil equivalent per day on average (boe/d) during the month of October, the highest volume recorded in the Brazilian oil industry. The number represents a growth of 2% in comparison with... Continue Reading →
A geophysical survey has commenced at the Oriel Wind Park project off County Louth in the Irish Sea. The ultra-high-resolution geophysical survey started in November and is expected to be completed by mid-December, subject to weather and operational constraints. The goal of the survey, which will be carried out by the shallow draft vessel Fastnet Pelican,... Continue Reading →
(OET) Crown Estate Scotland has closed the window for applications under its Innovation and Targeted Oil and Gas (INTOG) leasing round, dedicated to offshore wind projects that will directly reduce emissions from oil and gas production and to small scale innovation projects, including alternative outputs such as hydrogen. A two-week registration window for INTOG opened... Continue Reading →
(OE) Oslo-listed offshore drilling company Shelf Drilling has secured a contract extension for its Shelf Drilling Tenacious jack-up rig. The contract is in direct continuation of its current contract for drilling operations offshore Angola until November 2023. The contract includes an additional one-year option. According to Shelf Drilling's fleet status report, the BMC Pacific 375... Continue Reading →
(Reuters) - Germany is examining introducing state guarantees for investments in renewable energies, Economy Minister Robert Habeck said on Monday, as Berlin attempts to become more independent in scaling up renewables capacity. The state support could include purchase and credit guarantees for renewable energies production, Habeck said, adding that these guarantees could somewhat overcome uncertainties... Continue Reading →
(Reuters) - Brazilian President-elect Luiz Inacio Lula da Silva begins interviews this week with candidates to run oil firm Petrobras, people familiar with the talks said, kicking off what may be a rocky few months for the state-controlled company. Lula, who takes office on Jan. 1, has already signaled plans for a dramatic overhaul of... Continue Reading →
– Petróleo Brasileiro S.A – Petrobras, following up on the releases disclosed on November 03, 2022, informs that the distribution of the second installment of the remuneration to shareholders, approved by the Board of Directors on that date, to be paid on January 19, 2022, in the amount of R$ 1.67445, will be paid as... Continue Reading →
(Reuters) Shell has completed a scheduled maintenance at its 200,000 barrels-per-day Bonga deep water storage and offloading vessel in Nigeria, a spokesperson said. The Shell Nigeria Exploration and Production Company said in a statement late on Thursday that the maintenance was completed in 22 days, less than the scheduled 30 days. Bonga is typically one... Continue Reading →
Brazil Energy Insight 