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Oct. 8 (Agencia Eixos by Gabriel Chiappini and Gustavo Gaudarde) The Working Group, announced last week, to discuss the regulation of offshore wind power, by the National Energy Policy Council (CNPE), has dashed the hopes of industry representatives that the third Lula administration would hold the first auction for the transfer of land for offshore... Continue Reading →
Oct. 8 (offshore-energy.biz) London-headquartered energy services provider Hunting has begun the delivery of oil country tubular goods (OCTG) accessories to support deepwater drilling operations offshore Guyana, described by the company as a strategically important energy region. Hunting secured the $20 million contract early this year through a “global oilfield service company”, supporting what it says is... Continue Reading →
Oct. 8 (OE) Bureau Veritas Marine & Offshore (BV) has issued a certification for the recently inaugurated 25 MW Provence Grand Large floating offshore wind project, developed and owned by EDF Power Solutions, Enbridge and CPP Investments. BV has been involved in Provence Grand Large project journey since 2017, applying international certification methodologies. The certification... Continue Reading →
Oct. 8 - Brazil's government has set a minimum total payment of 10.2 billion reais for an upcoming auction offering stakes in three pre-salt oil fields already in production but not yet contracted, state-run firm Pre-Sal Petroleo (PPSA) said. The auction, scheduled for December 4 at the Sao Paulo-based B3 stock exchange, will offer stakes... Continue Reading →
Oct 7 (Reuters) - Drilling and fracking activity in Argentina's Vaca Muerta, the world's fourth-largest unconventional oil reserve, is plateauing due to lower oil prices and rising costs, a slowdown that could complicate the political agenda of libertarian President Javier Milei. The huge Vaca Muerta formation in western Argentina accounts for 64% of the country's... Continue Reading →
Oct. 7 - Petrobras announced promising results in its drilling program in the Campos Basin. The company notified the National Petroleum Agency (ANP) about the discovery of oil traces in the Agua Marinha block, in well 1-BRSA-1401DA-RJS, in a water depth of 2,601 meters, drilled by the Deepwater Aquila drillship in July. The Agua Marinha... Continue Reading →
Oct. 7 (Reuters) Danish offshore wind developer Orsted maintains a plan to complete its offshore Sunrise Wind project in the United States in the second half of 2027, the company's CEO Rasmus Errboe told reporters on Tuesday. Orsted has meanwhile fully resumed work on the 80% complete U.S. Revolution Wind project, after a federal judge... Continue Reading →
Oct. 7 (offshoreWIND.biz) As the US seeks to reduce reliance on Chinese supply chains by prioritising domestic oil and gas, its offshore wind sector has faced many challenges, from policy setbacks to rising inflationary costs. Meanwhile, Rystad Energy projects that China will account for 45 per cent of global offshore wind capacity by 2030. Despite... Continue Reading →
Oct. 6 - PRIO S.A. (“Company” or “PRIO”) (B3: PRIO3), following best practices incorporate governance and transparency, informs its preliminary and non-audited Operational Data for the month of September. Key: (1) At the Polvo and Tubarão Martelo cluster, the workover of TBMT-6H well was completed on September 15, and the well returned to production. (2) At... Continue Reading →
Oct. 7 (OE) Norway-based subsea well intervention and installation services company AKOFS Offshore has signed a firm contract with Petrobras, for its subsea equipment support vessel AKOFS Santos, which will continue to operate offshore Brazil. Following a competitive tender process, the vessel will continue to perform services as a multi-purpose supply vessel (MPSV) for Petrobras... Continue Reading →
Brazil Energy Insight 