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Nov. 20 (offshoreWIND.biz) Ørsted has completed the 2025 foundation installation campaign at the Sunrise Wind offshore project site in the US and is now commencing cable installation works on both its projects under construction in the Northeast US, Revolution Wind and Sunrise Wind. According to the latest Notice to Mariners from the developer, Bokalift 2 and Bokalift 1 have... Continue Reading →
Nov. 20 (Oilprice.com) Renewable energy has encountered a strange crossroads – it is more successful, and also more divisive, than ever before. Wind and solar have become so successful that they’re not really alternative anymore – they’ve fully entered the mainstream. Not only have renewables outgrown subsidies and become independently successful, they’ve become so cheap... Continue Reading →
Nov 19 (Reuters) Oil majors TotalEnergies and Chevron are front-runners in the auction for a 40% operating stake in Galp's Mopane field in Namibia, four sources told Reuters. Mopane has estimated resources of at least 10 billion barrels, and Galp has said it would announce a winner by year-end. International oil companies have flocked to Namibia, which has no hydrocarbon... Continue Reading →
Nov 19 (OE) BW Energy has completed drilling operations on the Kharas-1 appraisal well in the Kudu license area, offshore Namibia, confirming the presence of hydrocarbons. The well, drilled with Odfjell Drilling-managed Deepsea Mira rig, reached a total depth of 5,100 m and intersected multiple reservoir intervals. The well will now be plugged, and abandoned... Continue Reading →
Nov. 19,(offshoreWIND.biz) Ocean Winds has secured the third floating offshore wind site in the Celtic Sea, offered through the Crown Estate’s Round 5 auction earlier this year. The developer is joining Equinor and the Gwynt Glas joint venture, which were awarded rights for two of the three sites offered in Round 5 in June. On... Continue Reading →
Nov. 19 - Petrobras has extended the charter of the Transocean Deepwater Mykonos rig. The charter period, previously scheduled to end in October of this year, has been extended by 60 days, until December, with an option for another 120 days, until April 2026 Built at the Samsung Heavy Industries shipyard in South Korea, the... Continue Reading →
Nov. 18 (oilnow.gy) ExxonMobil’s Payara project continues to hold the record for the fastest production ramp-up among all oil developments in Guyana’s offshore Stabroek Block. Production from the Prosperity floating production, storage and offloading (FPSO) vessel began in November 2022 and hit 220,000 barrels per day (b/d) just two months later, three months ahead of schedule. That... Continue Reading →
Nov. 18 (oilnow.gy) ExxonMobil Guyana Limited (EMGL) has expanded its offshore data acquisition work, with new geotechnical, underwater, and seismic surveys underway across the Stabroek Block. According to a notice from the Maritime Administration Department, geotechnical surveying operations commenced on November 15 and are scheduled to conclude on December 31, 2025. The work, being carried... Continue Reading →
Nov. 17 (OE) Energy data and intelligence firm TGS has outlined plans for the start of Pelotas Norte Phase I multi-client 3D survey in the Pelotas Basin, offshore southern Brazil. Phase I will encompass approximately 14,800 square kilometers across 21 exploration blocks, the majority of which lie in un-held acreage expected to be included in... Continue Reading →
Nov. 17 (Reuters) As COP30 kicks off its second week in Brazil, much has changed since the landmark Paris climate agreement was penned 10 years ago.The spirit of cooperation that once reigned has been shattered by economic rivalries and a stark divergence in climate policies among the world’s biggest polluters.The landmark UN COP21 climate agreement... Continue Reading →
Brazil Energy Insight 