U.S. Offshore Wind Forecast: 45 Projects, $136B CapEx
the indications are that others are in the pipeline. In the CTV segment, three vessels, owned by Atlantic Wind Transfers and WindServe, are already operating on the Block Island wind farm and the Coastal Virginia Demonstration project. Five CTV awards have been announced recently awarded to two yards -- Blount Boats and Gladding Hearn shipbuilding. Despite the building activity, the domestic supply and SOVs and CTVs is significantly below our forecast for demand.Floating Wind AdvancesMany eyes are attracted to the potential of California’s offshore floating wind potential, with BOEM expected to auction
Atlantic Offshore Wind: Favorable Winds for Maritime
Island. The first CTV will be deployed to the Virginia CVOW project; the next will be used in the Ørsted/Eversource Revolution Wind project off southern New England. (See www.offshorewindus.org/2019/05/08/Ørsted-awards-windserve-marine-first-u-s-offs.) Forward-thinking yards like Blount Boats in Warren, Rhode Island, have already stepped up to the plate and built a UK-designed offshore support vessel, which was used in the Deepwater Wind project in Rhode Island, the first commercial offshore wind farm in the United States. (Deepwater Wind has subsequently been acquired by Ø
Lengthened Research Vessel Gets a New Life
; Glosten’s redesign added a 14-foot “plug” to the ship’s midsection, creating space for six additional accommodation spaces and doubling the size of both the wet lab and dry lab. The lengthening work was recently completed as part of the vessel’s midlife refit at Blount Boats’ shipyard in Warren, R.I. The newly lengthened R/V Connecticut is now underway with a full slate of missions through midyear. “The result is rewarding to see, since the lengthened vessel delivers both greatly increased capability and improved functionality to support operations
Brazil May Open Petrobras Subsalt Area to Other Companies
also said the government may allow Petroleo Brasileiro SA, as Petrobras is formally known, to pay with oil for adjustments in the price of the maximum 5 billion barrels of oil and equivalent natural gas it is allowed to produce in the areas. (Reporting by Marta Nogueira, writing by Jeb Blount; Editing by Daniel Flynn
Petrobras Bringing Two FPSO Platforms Online
Brazil's state-led oil company Petroleo Brasileiro SA is working hard to meet its production targets, the company's head of exploration and production, Solange Guedes, said on Monday in a telephone interview. Guedes said the company's floating, production, storage and offloading ship (FPSO) named Cidade de Saquarema could begin operations in the Lula Central field this month and that she expects that Cidade de Caraguatatuba FPSO in the Lapa field to start operations in August. (Reporting by Marta Nogueira; Writing by Jeb Blount)
Brazil Committee Votes to End Exclusive Petrobras Subsalt Rights
; Some of those projects require new subsalt areas to be leased in order for them to proceed. Critics of the bill say the end of the Petrobras subsalt requirements will lead to a foreign takeover of the country's oil industry and the loss of profits to foreign countries. (Reporting by Jeb Blount; Editing by David Gregorio
Brazil Plans Sub-salt Energy Auction in 2017
Rio de Janeiro, said Felix during an industry event in Rio de Janeiro. The areas, which will be sold under production-sharing agreements, will be adjacent Cacara, Sapinhoa, Gato do Mato and Tartaruga Mestica areas and will require unitization with their existing owners. (Reporting by Jeb Blount; Writing by Alonso Soto; Editing by David Gregorio
Brazil Offshore Subsalt Holds 176 bln bbls of Oil, Gas -study
are exploitable using current technology, but may not be viable depending on the price of oil, the cost of equipment and the financial health of the companies that own the rights to produce them. Resources can only become reserves if they economically exploitable. (Reporting by Jeb Blount; Editing by Marguerita Choy
Petrobras: Pipeline Leaked 600 Liters of Crude, Some in Ocean
An oil pipeline along Brazil's coast near Rio de Janeiro leaked 600 liters (3.77 barrels) of oil into nearby water courses with about 50 liters leaching into the Atlantic Ocean, state-run oil company Petrobras said on Friday. Teams with vacuum equipment, floating oil barriers, absorbent materials, boats and trucks are on the scene trying to clean up the spill and prevent it from spreading, Petroleo Brasileiro SA, as the company is formally known, said in a statement. (Reporting by Jeb Blount; Editing by Diane Craft)
August 2024
