Sustainable Marine sells Swift Anchors business to German partner

Blue economy solutions provider Sustainable Marine has sold its anchoring and mooring business Swift Anchors to Aquos, a subsidiary of its largest shareholder and long-standing partner Schottel. The announcement comes shortly after the launch of Swift Anchors next-generation, remotely operated rock anchor installation system, dubbed AROV2 – which will be used to install anchors for Sustainable Marine’s Pempa’q... Continue Reading →

October 18, 2022 0

Equinor Names New Head of US Offshore Wind Business

Norwegian energy giant Equinor said Monday that Molly Morris would take over as the new President of Equinor Wind US, effective January 1, 2023, succeeding Siri Espedal Kindem, "who will take on a new exciting opportunity within Equinor." Morris joined Equinor in 2008 and has since taken on a variety of important roles in the... Continue Reading →

October 18, 2022 0

Brazil’s economy seen in soft landing as private spending cools

(Reuters) - Brazil's economy is undergoing a soft landing as consumers tighten their purse strings to cope with high indebtedness on post-pandemic purchases and increasing financial costs, a Reuters poll of economists showed. Economic activity got a boost this year from President Jair Bolsonaro's extra public spending measures aimed at improving his reelection chances before... Continue Reading →

October 17, 2022 0

Guyana Launches Tender for Its First Oil Refinery

(Reuters) Guyana has called for proposals to design, finance and build a 30,000-barrel-per-day (bpd) oil refinery, the first for the South American country as it becomes a force in crude oil production. Construction work on the facility, to be located on public land near the Berbice river, is expected to begin by the first half... Continue Reading →

October 17, 2022 0

FPSO P-71 heads towards the Itapu field in the Santos Basin

The FPSO P-71 left the Jurong Aracruz shipyard, in Espírito Santo, and headed for the Itapu field, in the Santos Basin. The vessel will be able to produce up to 150,000 barrels of oil and 6 million cubic meters of gas daily. In addition, the P-71 will be able to store 1.6 million barrels of... Continue Reading →

October 17, 2022 0

World’s First Subsidy-free Commercial Floating Wind Farm Could Be Built in Portugal

BayWa r.e. said Monday it had submitted a permit application for what it said would be the world’s first subsidy-free commercial floating offshore wind project off the Portuguese Coast. "BayWa r.e. is now entering the decisive phase of the official authorisation process for the first commercial scale floating offshore project in Portugal, which will be... Continue Reading →

October 17, 2022 0

Sumitomo completes long-term test for 525 kV cross-linked polyethylene subsea cable

Japan-headquartered Sumitomo Electric Industries has completed a long-term test for its 525 kV cross-linked polyethylene (XLPE)-insulated high-voltage direct current (HVDC) submarine cable system. The cable system was tested in accordance with the international standard CIGRE-TB496 and a third-party certification body has approved the completion of the test. According to Sumitomo, this system is capable of... Continue Reading →

October 17, 2022 0

Enova Grants Funds for Unique Multi-turbine Floating Wind Platform Windcatcher

(OE) Norway-based Wind Catching Systems, a company behind the design of a multi-turbine floating wind platform, said Monday it had received a technology development grant of NOK 22 million (USD 2.1 million) from the Norwegian government agency Enova. Wind Catching Systems is developing the Windcatcher, a floating wind power plant based on a multi-turbine design.... Continue Reading →

October 17, 2022 0

Prosafe Says Places Best Bid for Offshore Accommodation Contract with Petrobras

Prosafe, a company offering offshore accommodation services for oil and gas clients, said Saturday it had submitted the most competitive offer in a bidding process for a 650-day contract with the Brazilian oil and gas company Petrobras. The contract value is approximately USD 73 million, which is equivalent to $112,500 per day. "Contract award and... Continue Reading →

October 17, 2022 0

New US Offshore Wind Guidance Document Approved, Said to Speed Up Development

(OW) The US offshore wind sector has gotten its new official guidance that can be used in the regulatory approval process. The document contains best practices and is said to help accelerate development of the offshore wind industry, shorten regulatory timelines, and increase worker safety. The American National Standards Institute (ANSI) Board of Standards Review... Continue Reading →

October 15, 2022 0

Brazil Energy Insight

Sustainable Marine sells Swift Anchors business to German partner

Equinor Names New Head of US Offshore Wind Business

Brazil’s economy seen in soft landing as private spending cools

Guyana Launches Tender for Its First Oil Refinery

FPSO P-71 heads towards the Itapu field in the Santos Basin

World’s First Subsidy-free Commercial Floating Wind Farm Could Be Built in Portugal

Sumitomo completes long-term test for 525 kV cross-linked polyethylene subsea cable

Enova Grants Funds for Unique Multi-turbine Floating Wind Platform Windcatcher

Prosafe Says Places Best Bid for Offshore Accommodation Contract with Petrobras

New US Offshore Wind Guidance Document Approved, Said to Speed Up Development

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