Brought to you by Quest Offshore & Southern Cone Consultants
(OEM) MJR Power and Automation, a UK company which will soon install charging points for electric crew transfer vessels (CTVs) on the Lynn and Inner Dowsing offshore wind farms, has been awarded a second round of government funding for development of its technology to connect and charge Service Operation Vessels (SOVs), Platform Supply Vessels (PSVs),... Continue Reading →
(OEM) Malaysian FPSO provider Yinson has entered into a $720 million syndicated loan facility for the FPSO Maria Quitéria, which is being built to operate for Petrobras in waters offshore Brazil. Yinson said on Thursday that the loan is with ING Bank N.V., Singapore Branch, Maybank Group, Natixis Corporate & Investment Banking, Standard Chartered Bank... Continue Reading →
French offshore cable-making and installation company Nexans has signed a firm contract to supply offshore wind export cables for phase one of the Empire Wind offshore wind project in the U.S., being developed by a 50-50 partnership between Equinor and BP. "This contract signature follows the Preferred Supplier Agreement signed in March 2021, which prompted several... Continue Reading →
U.S offshore wind developer Atlantic Shores Offshore Wind has selected wind turbine maker Vestas as the preferred supplier for its 1.5 GW offshore wind project in New Jersey, USA. Atlantic Shores is a 50:50 partnership between Shell New Energies and EDF Renewables. Vestas will provide its V236-15.0 MW offshore wind turbines, with installation expected in 2027. Once... Continue Reading →
(Reuters) - U.S. Treasury Secretary Janet Yellen on Thursday will announce a $950 million loan to the Clean Technology Fund (CTF), a multilateral trust fund that helps developing countries accelerate their transition from coal power to clean energy. The contribution, the first of its kind from the U.S. Treasury, makes good on a U.S. pledge... Continue Reading →
(OED) German renewable energy firm RWE has submitted a bid for the up to 1.5-gigawatts (GW) offshore wind site in the Polish section of the Baltic Sea, located around 75 kilometers off the coast of Ustka, as part of a competitive process for an offshore wind seabed permit within 53.E1 area. "Based on RWE’s expertise in offshore wind development, efficient project... Continue Reading →
Radix Engineering and Software has closed a R$49 million (~$9.5 million) contract with Petrobras in Brazil to develop and maintain scientific software focused on Well Engineering and Subsea Engineering. The contract will create 50 new jobs. Radix will develop software for two lots of subsea and one lot of wells, marking its return to large... Continue Reading →
(Reuters) - Brazil's leftist presidential candidate Luiz Inacio Lula da Silva maintains a clear lead over right-wing President Jair Bolsonaro, a poll showed on Wednesday, as the candidates scrambled to win over voters ahead of an Oct. 30 runoff. The survey by IPEC taken over the three days since the first-round vote found Lula with 51% voter... Continue Reading →
Petro Rio S.A. (“PRIO”), following best practices in corporate governance and transparency, informs its preliminary and non-audited Operational Data for the month of September. Obs:(1) The MUP3A well, in the Frade Field, had its production temporarily interrupted due to a failure in the completion equipment, and will be repaired during the fourth quarter. (2) Manati... Continue Reading →
Enauta's production in September totaled 10,400 barrels of oil equivalent per day, the same level as the previous month, according to a new report released by the company. The Atlanta field, the company's main asset, saw its production grow from 3,000 barrels a day in August to 5,500 barrels in September. This is due to... Continue Reading →
Brazil Energy Insight 