Daily Archives: May 23, 2024

Irish 1,000 Guineas Offshore Odds, Preview, and Prediction (2024) – The Latest Sports Betting News – OffshoreSportsbooks.com

Posted: May 23, 2024 at 7:54 am

The Classic action in Ireland continues on Sunday, as the fillies will be in action in the G1 Irish 1,000 Guineas. This race will be run over a mile, with a number of runners that were involved in the British 1,000 Guineas set to be involved at the Curragh. Before Betting On Irish 1,000 Guineas []

The Classic action in Ireland continues on Sunday, as the fillies will be in action in the G1 Irish 1,000 Guineas. This race will be run over a mile, with a number of runners that were involved in the British 1,000 Guineas set to be involved at the Curragh.

The Classic action continues in Ireland this weekend, as Sunday will see the G1 1,000 Guineas staged. This race is for fillies aged three, and a total distance of a mile will be covered. Horses have traditionally done well in this race after contesting the 1,000 Guineas, with four previous winners tasting success in both. It is also a key trial for the Coronation Stakes at Royal Ascot.

Aidan OBrien has an excellent record in the race, and he will have a strong hand to continue that dominant sequence. Opera Singer appears to be his leading filly in the race after winning three from five starts as a juvenile. She is also unbeaten over a mile, most recently landing a French Group One at the start of October.

Porta Fortuna will be hard to ignore following her comeback effort when taking second in the G1 1,000 Guineas at Newmarket. She ran a stormer at the Breeders Cup last year to take second, and she has won four from eight career starts.

Fallen Angel is a fascinating raider for Karl Burke this weekend, with the three-year-old having disappointed over a mile in the 1,000 Guineas when eighth. Things didnt go to plan on that day, but she remains of huge interest having already won impressive over seven furlongs at the Curragh last season.

Opera Singer has strong claims on her return, but the fitness edge could mean that the ultra-consistent Porta Fortuna could take advantage. A Lila Rolla also isnt discounted after beating Opera Singer last season, before returning with a narrow success over Kitty Rose on unfavorable ground.

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Adele To Release New Album 2024 Offshore Odds, and Prediction – The Latest Sports Betting News – OffshoreSportsbooks.com

Posted: at 7:54 am

Adele is one of the most celebrated musical artists of her generation. The 36-year-old Brit has won no shortage of accolades throughout her career, including 16 Grammy Awards and 12 Brit Awards. However, could the superstar release a new album in 2024? Before Betting On Adele To Release A New Album In 2024 Adele is []

Adele is one of the most celebrated musical artists of her generation. The 36-year-old Brit has won no shortage of accolades throughout her career, including 16 Grammy Awards and 12 Brit Awards. However, could the superstar release a new album in 2024?

Adele is one of the most successful music artists of all-time, having gained major success with her four studio albums. Such has been her success, that she has also won an Academy Award for her soundtrack for the James Bond film, Skyball. Adeles success has continued throughout recent years, as she enjoyed a record-breaking residency in Las Vegas.

Her first album, titled 19 was released in January 2018, and it would catapult her to superstardom after topping the charts in the United Kingdom. It sold over 2.5 million copies in the UK, and featured top-five singles such as Make You Feel My Love and Chasing Pavements.

Adeles star would rise only further following the success of 21, which would become one of the best-selling albums of the 21st century. The album was sold over 31 million times, and it was the best-performing album in US chart history after spending 24 weeks at the top of the charts.

A third album was achieve more success for the Brit, with 25 breaking records for the most first-week sales in the UK and US, becoming the first, and only, record to have sold three million copies in the first week. The success of her third album would continue with her fourth album 30, which was a best-seller once again in the United States and UK.

This year will mark four years since Adeles last album release, but fans may be left disappointed when it comes to a potential drop this year. The Brit revealed during a recent interview that she isnt going to write a new album for some time.

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Adele To Release New Album 2024 Offshore Odds, and Prediction - The Latest Sports Betting News - OffshoreSportsbooks.com

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DNREC and US Wind hold offshore wind meeting June 5 in Lewes – wrde.com

Posted: at 7:54 am

LEWES, Del.- Offshore wind developer US Wind, Inc. has submitted multiple permit applications to DNRECfor its wind energy project offshore of Maryland.

DNREC will be holding a public information session on June 5 to explain US Wind's permit applications for the proposed connector cables and substation. US Wind requires the following authorizations from two of DNRECs division including:

The offshore/onshore export cables are proposed to land at Delaware Seashore State Parks 3Rs Beach parking lot near the DNREC building line and potential dune environments. It would interconnect into a proposed substation to be constructed on a tax parcel adjacent to the Indian River power plant in Sussex County.

Portions of the proposed wind power export cables would be located under state-regulated wetlands and subaqueous lands in the Atlantic Ocean within Delaware state waters and the Indian River Bay.The proposed cabling would span over 15.2 miles.

At the meeting, locals and visitors can review display boards, engage with staff, federal partners and US Wind and ask questions. The display boards, an online survey and other materials will be available after the session.. Feedback from the public information session will inform the formal presentation for the Joint Virtual Public Hearing on July 9, according to DNREC.

DNREC is accepting comments for the record from now until Sept. 9, via email toDNRECHearingComments@delaware.govorby using the online form. The session is scheduled for 4 to 7 p.m. at Beacon Middle School in Lewes. For more details about the project, along with related documents, visit DNRECs website.

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Biden administration hit with one more lawsuit over LNG permitting freeze – Offshore Energy

Posted: at 7:54 am

There seems to be no end in sight for the saga over the Biden administrations pause on pending approvals of liquefied natural gas (LNG) exports to non-free trade agreement (FTA) countries, as hammered home by another lawsuit filed by the Pelican Institute for Public Policy and Liberty Justice Center to challenge the ban in the United States District Court for the Western District of Louisiana in New Orleans.

Come January 26, 2024, the Biden administrations complete halt to all new approvals of LNG exports to countries not covered by free trade agreements, took the world by surprise as it signified an unexpected shift in American energy policy, given the energy security concerns that permeated the world in the wake of the Ukraine crisis.

Dubbed the LNG export ban, the decision marked what some have deemed to be a dramatic reversal from the U.S. Department of Energys (DOE) stance just six months earlier when it reaffirmed the continuation of LNG export approvals.

When the Ukraine crisis gripped the world in its clutches in 2022, the U.S. not only supplied its domestic markets but also sent over 800 LNG cargoes to Europe, a141% increasefrom 2021, to help blunt the impact of what was considered to be Russias weaponization of energy supplies.

Considering the different impacts the LNG freeze could have, the American Petroleum Institute (API), a U.S. trade association representing the oil and gas industry, filed an application for rehearing to overturn the decision. Offshore Energys recent interview with a representative from Bureau Veritas spotlightedthat renewables and hydrogen were positioned to reap the benefits from the U.S. LNG permitting pause.

However, many are unwilling to leave the LNG permitting freeze in place, thus, they are leaving no stone unturned in their quest to remove this ban, which is expected to be temporary until a review of the environmental and economic impacts of LNG export facilities to non-FTA countries is carried out.

To this end, Pelican Institute and Liberty Justice Center, representing the Oil & Gas Workers Association, a nonprofit trade association for oil and gas workers, filed a complaint on May 16, 2024, in the United States District Court for the Western District of Louisiana.

According to the Pelican Institute, the Oil & Gas Workers Association has taken a bold stand by filing a lawsuit against the Biden administrations ban, as it is interpreted that the bans impact extends beyond mere regulatory compliance issues, striking at the heart of the economic livelihood of thousands of Americans and the operational stability of an entire industry.

The lawsuit argues that the sudden policy change destabilizes a critical component of the U.S. economy and raises significant legal concerns, contravening the 1938 Natural Gas Act, which mandates that the DOE should approve LNG export applications unless such applications are inconsistent with the public interest.

James Baehr, Special Counsel at the Pelican Institute for Public Policy, commented: This export ban is unconstitutional and indefensible. In addition to the harm it will do to the economy and to tens of thousands of working Americans across the country, it also disregards federal law, flouts the standard rule-making procedure, and threatens our constitutional structure.

Moreover, the conservative think tank and its legal arm claim that this determination is not being made if all applications are rejected. In addition, the imposition of the ban without the requisite notice and opportunity for public comment is said to violate the procedures mandated by the Administrative Procedure Act (APA), exhibiting federal administrative overreach and a disregard for the constitutional separation of powers.

This legal challenge seeks to reverse the ban and restore lawful, reasoned policy making that considers projects on a case-by-case basis and preserves the interests and the security of American energy workers and consumers. As we move forward with this lawsuit, it is a fight not just for the future of the LNG industry, but for the integrity of our constitutional framework, highlighted the Pelican Institute.

While the Pelican Institute and Liberty Justice Center lawsuit is the latest legal step taken to oppose the LNG permitting freeze, it is not the only legal challenge to the ban, as sixteen states have also jointly filed suit through their attorneys general.

Matt Coday, Plaintiff and President of the Oil & Gas Workers Association, underscored: Tens of thousands of hardworking oil and gas workers across the country depend on the LNG export industry to put food on the table for their families. This ban will have devastating consequences on their lives and livelihoods unless the court steps in to put an end to the administrations overreach.

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RWE Investigates Impact of Artificial Reefs at Baltic Sea Offshore Wind Farms – Greentech Lead

Posted: at 7:54 am

RWE, a leading player in offshore wind energy, is exploring how artificial reefs at offshore wind farms in the Baltic Sea can influence the marine ecosystem and create attractive habitats for species such as blue mussels, algae, and various fish.

In collaboration with Linnaeus University and cable service provider Baltic Offshore Kalmar AB, RWE has launched a pilot study in the Swedish Baltic Sea. Following extensive preparations, water sampling, and seabed assessments, the project has progressed to its practical phase with the installation of artificial reefs at RWEs Karehamn wind farm. The wind farm, located 7 km off the Swedish coast, consists of 16 turbines with a total capacity of 48 MW.

A total of 180 carbon-neutral, plastic-free reef cubes, designed and manufactured by ARC Marine, have been deployed on the seabed. This deployment aims to evaluate how marine life colonizes these structures. The study, which commenced in 2023, is expected to continue until 2026. ARC Marine, a supplier of nature-inclusive solutions, received RWEs Innovation Ecology Award in 2022.

The primary goal of the Krehamn biodiversity pilot study is to assess how artificial structures at offshore wind farms can promote biodiversity and support ecosystem services such as habitat provision, nutrient cycling, and water quality, thereby contributing to the restoration and preservation of the Baltic Sea.

The initial phase of the study involved establishing a baseline scenario through underwater surveys and sampling, including eDNA sampling to assess the local ecosystem and identify species in the region. This data helps predict the potential impacts of the project phases and aids in effective planning.

The installation phase involved submerging 180 reef cube structures of various sizes, ranging from 1515 cm to 7575 cm, on the seabed at the Karehamn wind farm. This location was chosen due to the observed development of species on the wind turbine foundations, aiming to create artificial reefs that provide habitats and hiding places for macroalgae, blue mussels, and fish species.

From 2024 to 2026, the colonization phase will involve closely monitoring the submerged cubes and the surrounding ecosystem. This phase will yield valuable data and insights for the sustainable design of future offshore wind projects.

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Offshore Wind Public Information Session in Lewes Scheduled for June – WBOC TV 16

Posted: at 7:54 am

LEWES, DE - The Delaware Department of Natural Resources and Environmental Control (DNREC) says offshore wind developer U.S. Wind, Inc. has submitted permit applications to DNREC for its proposed project offshore of Maryland.

US Winds proposed project includes offshore/onshore cables landing at Delaware Seashore State Parks 3Rs Beach near the DNREC building line. The cables would interconnect into a substation near the Indian River power plant in Sussex County, DNREC says, and portions of the cables would be located in state-regulated wetlands and ocean waters within Delaware and the Indian River Bay. DNREC says the cabling covers 15.2 miles.

DNREC plans to hold a public information session to inform the public and engage them in the regulatory process surrounding the proposed project. DNREC says the meeting is scheduled for Wednesday, June 5th, from 4 to 7 p.m. at Beacon Middle School in Lewes.

The information session will give Delawareans the opportunity to review U.S. Winds permit applications for the cables and substation. Residents can also review display boards, engage with staff, federal partners, and U.S. WInd representatives, according to DNREC. The displays and an online survey will be available after the session, with public feedback being used for a formal presentation in the Joint Virtual Public Hearing on July 9th.

DNREC is also accepting written comments from now to September 9th via email to DNRECHearingComments@delaware.gov; by using the online form at de.gov/dnreccomments; or by U.S. mail to Lisa A. Vest, Hearing Officer, Office of the Secretary, Delaware Department of Natural Resources and Environmental Control, 89 Kings Highway, Dover, DE 19901.

More information on the project, along with related documents, can be found at DNRECs website at de.gov/uswind.

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Offshore Wind Turbine Installation Vessel Market will reach US$ 5.46 Billion by 2030, at a CAGR of 14.9% – openPR

Posted: at 7:54 am

Offshore Wind Turbine Installation Vessel Market

Download Sample Report PDF (Including Full TOC, Table & Figures) @ https://www.htfmarketintelligence.com/sample-report/global-offshore-wind-turbine-installation-vessel-market?utm_source=Ganesh_OpenPR&utm_id=Ganesh

Self-propelled jack-up vessel is a vessel specifically designed for the installation of offshore wind turbines. Similar to a jack-up rig it is self-elevating. To enable quick relocation in the wind farm it is self-propelled. It also has a slender ship shaped hull to achieve a quick turnaround time with the vessel carrying several foundations or wind turbines each time. Azimuth thrusters are used to position the vessel during jack-up operations. Besides self-propelled jack-up vessel, heavy lift vessel and other jack-up vessel which is used in wind turbine installation is also discussed as offshore wind turbine installation vessels. And in this report, we focus on the service market which is the most important part of the global offshore wind turbine installation vessel market.

According to HTF Market Intelligence, the global Offshore Wind Turbine Installation Vessel market was valued at 2063.5 million in 2023 and is projected to reach US$ 5.46 Billion by 2030, at a CAGR of 14.9% during the forecast period. The market is segmented by Global Offshore Wind Turbine Installation Vessel Market Breakdown by Application (Wind Turbine Installation, Wind Turbine Maintenance) by Type (Jack-up Vessels, Self-Propelled Jack-up Vessels, Heavy Lift Vessels, Others) by Capacity (Light Lift Vessels (up to 500 tons), Medium Lift Vessels (501 to 1000 tons), Heavy Lift Vessels (More than 1000 tons)) and by Geography (North America, South America, Europe, Asia Pacific, MEA). By end users/application, the market is sub-segmented as: Wind Turbine Installation, Wind Turbine Maintenance

Breakdown by type, the market is categorized as: Jack-up Vessels, Self-Propelled Jack-up Vessels, Heavy Lift Vessels, Others

Players profiled in the report: A2SEA (Denmark), China Communications Construction Company (CCCC) (China), DEME Offshore (Belgium), Fred. Olsen Windcarrier (Norway), Jan De Nul Group (Belgium), Royal Boskalis Westminster (Netherlands), Seajacks International (UK), Shanghai Zhenhua Heavy Industries (ZPMC) (China), Subsea 7 (UK), Swire Blue Ocean (Denmark), Van Oord (Netherlands), Wrtsil (Finland)

Regional Analysis for Offshore Wind Turbine Installation Vessel Market includes: North America, Europe, Asia-Pacific, etc

The Global Offshore Wind Turbine Installation Vessel Market study covers ongoing status, % share, upcoming growth patterns, development cycle, SWOT analysis, sales channels & distributions to anticipate trending scenarios for years to come. It aims to recommend an analysis of the market by trend analysis, segment breakdown, and players' contribution in Offshore Wind Turbine Installation Vessel market upliftment. The market is sized by 5 major regions i.e., North America, Europe, Asia Pacific (includes Asia & Oceania separately), Middle East and Africa (MEA), and Latin America, and further broken down by 18+ jurisdictions or countries like China, the UK, Germany, United States, France, Japan, India, group of Southeast Asian & Nordic countries, etc.

Have different Market Scope & Business Objectives; Enquire for customized study @ https://www.htfmarketintelligence.com/enquiry-before-buy/global-offshore-wind-turbine-installation-vessel-market?utm_source=Ganesh_OpenPR&utm_id=Ganesh

For Consumer-Centric data, demand-side or survey analysis can be added in the final deliverable as part of customization that would include analysis and consumer behavior of Offshore Wind Turbine Installation Vessel Market by demographic factors such as Age, Gender, Occupation, Income Level or Education. {*subject to data availability and feasibility}

Consumer Traits Includes Following Patterns** Consumer Buying patterns (e.g., comfort & convenience, economical, pride) Customer Lifestyle (e.g., health conscious, family orientated, community active) Expectations (e.g., service, quality, risk, influence)

Major Highlights from the Global Offshore Wind Turbine Installation Vessel Market factored in the Analysis:

Offshore Wind Turbine Installation Vessel Market Measures & Parameters Addressed in Study: The report highlights Offshore Wind Turbine Installation Vessel market features such as segment revenue, weighted average selling price by region, capacity utilization rate, production & production value, % gross margin by company, consumption, import & export, demand & supply, cost bench-marking of the finished product in Offshore Wind Turbine Installation Vessel Industry, market share and annualized growth rate (Y-o-Y) and % CAGR.

Major Strategic Offshore Wind Turbine Installation Vessel Market Developments: Activities such as Research & Development (R&D) by phase, ongoing and completed Merger & Acquisition (M&A) [deal value, purpose, effective year], Joint ventures (JVs), Technological tie-ups, Suppliers partnerships & collaborations, agreements, new launches, etc taken by Offshore Wind Turbine Installation Vessel Industry players during the projected timeframe of the study.

What unique qualitative insights are included in Offshore Wind Turbine Installation Vessel Market research study? The Global Offshore Wind Turbine Installation Vessel Market report provides rigorously studied and evaluated data of the top industry players and their scope in the market by means of various analytical tools. To gain a deep dive analysis; qualitative commentary on changing market dynamics {drivers, restraints & opportunities}, PESTLE, 5-Forces, Feasibility study, BCG matrix (% Share vs % Growth), SWOT by players, Heat Map analysis, etc have been provided to better correlate key players product offering in the market.

Buy Latest Edition of Study @ https://www.htfmarketintelligence.com/buy-now?format=3&report=8966?utm_source=Ganesh_OpenPR&utm_id=Ganesh

Extracts from Table of Contents: 1. Offshore Wind Turbine Installation Vessel Market Overview - Market Snapshot - Definition - Product Classification 2. Offshore Wind Turbine Installation Vessel Market Dynamics - Drivers, Trends, Restraints...... - Market Factors Analysis 3. New Entrants and Entry-barriers 4. Standardization, Regulatory and collaborative initiatives - Manufacturing Process Analysis - Industrial/Supply Chain Analysis, Sourcing Strategy and Downstream Buyers 5. Global Offshore Wind Turbine Installation Vessel Market Competition by Manufacturers (2023-2024) 6. Offshore Wind Turbine Installation Vessel Market Value [USD], Capacity, Supply (Production), Consumption, Price, Export-Import (EXIM), by Region (2019-2030) ....... 7. Offshore Wind Turbine Installation Vessel Revenue (Value), Production, Sales Volume, by Region (2024-2030) 8. Offshore Wind Turbine Installation Vessel Market Trend by Type {Jack-up Vessels, Self-Propelled Jack-up Vessels, Heavy Lift Vessels, Others} 9. Offshore Wind Turbine Installation Vessel Market Analysis by Application {Wind Turbine Installation, Wind Turbine Maintenance} 10. Offshore Wind Turbine Installation Vessel Market Manufacturers Profiles/Analysis - Market Share Analysis by Manufacturers (2021-2024E) - Manufacturers Profiles (Overview, Financials, SWOT, etc) - Connected Distributors/Traders - Marketing Strategy by Key Manufacturers/Players

............

To review full table of contents, click here @ https://www.htfmarketintelligence.com/report/global-offshore-wind-turbine-installation-vessel-market

Thanks for reading Global Offshore Wind Turbine Installation Vessel Industry research publication; you can also get individual chapter-wise sections or region-wise report versions like America, LATAM, Europe, Nordic nations, Oceania, Southeast Asia, or Just Eastern Asia.

Contact Us: Ganesh Zirpe (Senior Web Analyst) HTF Market Intelligence Consulting Private Limited Phone: +15075562445 sales@htfmarketintelligence.com

About Author: HTF Market Intelligence Consulting is uniquely positioned to empower and inspire with research and consulting services to enable businesses with growth strategies, by offering services with extraordinary depth and breadth of thought leadership, research, tools, events, and experience that assist in decision-making.

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CIP Inaugurates the Changfang-Xidao Offshore Wind Farms in Taiwan – Renewable Energy Magazine

Posted: at 7:54 am

Wednesday, 22 May 2024 At a ceremony in Taipei, Taiwan, CIP officially celebrated the completion of the Changfang-Xidao offshore wind project. With a total capacity of nearly 600 MW, the two offshore wind farms increase Taiwans combined offshore capacity by approximately 25% and contribute significantly to its energy transition and ambitious net-zero goals.

Co0urtesy of CIP

The wind farms are located 11 km off the west coast of Taiwan and consist of 62 Vestas V174 turbines and jacket foundations supplied by Taiwan's Century Wind Power. When fully operational, Changfang-Xidao will generate enough renewable energy to power around 650,000 local households and will deliver an annual expected CO2 reduction of 1.1 million tons.

Changfang-Xidao are CIP's first offshore wind farms in Asia Pacific, which has developed into a key offshore market. CIP has a portfolio of 21 GW offshore wind in the Asia Pacific and is among the frontrunners in the build-out of offshore wind in Korea and Australia, as well as Taiwan.

Christina Grumstrup Srensen, Senior Partner at CIP, says, "The inauguration of Changfang-Xidao is a landmark for CIP as well as for the offshore wind industry in Taiwan."

Mads Skovgaard Andersen, Partner at CIP, added, "I would like to thank and congratulate the construction team and our supply chain partners on reaching this important milestone. Your stamina, dedication, and problem-solving skills have been instrumental for the success of Changfang-Xidao and have enabled the construction of a project that stands out as a testimony to the professionalism of the offshore supply chain here in Taiwan."

Changfang-Xidao is majority owned by CIP's Flagship funds CI II and CI III. Thailand-based Global Power Synergy Public Company and two Taiwanese life insurance companies, Taiwan Life and Transglobe Life, each own minority stakes. The project was constructed by a team led by Copenhagen Offshore Partners, CIP's exclusive offshore wind development partner, and the local Copenhagen Infrastructure Service Company, the global service provider to CIP.

With a target size of 12 billion, CIP's fifth flagship fund, CI V, is set to become the largest of its kind globally. The fund aims to invest in a range of technologies from wind and solar PV to energy storage across Europe, North America, and Asia Pacific. A third of the projected projects in CI V are expected to be developed in Asia Pacific.

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Perenco Unit Makes First Discovery Offshore DRC in 30 Years – Rigzone News

Posted: at 7:54 am

Perencos offshore Democratic Republic of Congo (DRC) subsidiary Muanda International Oil Company (MIOC) has made the first exploration discovery offshore DRC in almost 30 years.

The company has drilled two exploration wells to date this year, MIOC said in a news release.

The Moke-East well, located between the Lukami and Motoba fields in the DRC coastal basin, encountered a 24-foot net oil-bearing column. The Dixstone owned Nuada Self-Elevated Class 82 SD-C jack-up drilling rig was used for the discovery. The new discovery will be tested and the well will be completed in the coming weeks, according to the news release.

The Nuada rig has spud the first of twelve wells on the GCO field which is part of MIOCs continuing development drilling campaign offshore DRC. MIOC aims to unlock further additional resources in the country. It is expected to be completed in parallel with the CS02 Workover unit at the same location, MIOC noted.

Further, the second exploration well LUKS-A has now been plugged and abandoned following insufficient hydrocarbon potential to complete the well, MIOC noted. It had targeted a southern extension of the Pinda formation.

Perencos offshore DRC subsidiary, MIOC, has had an active start to the year, which has included drilling the countrys first offshore exploration wells for almost thirty years, Perenco DRC General Manager Frederic Kiepferle said. While testing continues, we are encouraged by the initial results of the Moke-East well. Following many months of preparatory work to ensure safe and successful operations, the Nuada has now moved onto the GCO field where it will be active for the next twelve months.

As the DRCs only international oil and gas producer, we are very pleased to further demonstrate our commitment, through this investment, to the discovery of new resources. We firmly believe that the DRCs oil & gas industry has a very positive future and that new projects could lead to the valorisation of LPG extracted from the gas for the local market, or to provide more gas to power in Muanda, Kiepferle added.

Present in the Democratic Republic of Congo since 2000, Perenco is the countrys only producing operator, working through Perenco Rep, its onshore subsidiary. MIOC is Perencos offshore subsidiary. The subsidiaries combined average production is 19,500 barrels of oil per day.

Campos Basin Acquisitions

In April, Perenco Brazil announced the acquisition of the Cherne and Bagre concessions from Petroleo Brasileiro S.A. (Petrobras). The deal includes the Cherne and Bagre fields and two fixed platforms, located 30 kilometers from the Pargo Cluster.

The PCH-1 and PCH-2 platforms were hibernated by Petrobras in early 2020 and later scheduled for decommissioning.

After the closing of the transaction, which is expected in 2025, Perenco Brazil will implement an ambitious redevelopment plan to revitalize the assets and restart production at a target rate of 10,000-15,000 barrels of oil per day, unlocking in excess of 50 mmstb of reserves, according to a separate news release.

A new export pipeline will be connected directly to Pargo to improve efficiency and continue Perencos strategy of giving a second life to the basin.

"This acquisition is a new milestone for the Perenco Group in Brazil. Since takeover of the Pargo assets in 2019 at a rate of 2,800 bopd [barrels of oil per day], we have increased production to over 20,000 bopd and successfully installed a new FSO. Perenco is proud to deploy its know-how to extend the life of these mature fields and grow our footprint in Brazil, Perenco CEO Armel Simondin said.

To contact the author, email rocky.teodoro@rigzone.com

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Rovco wins survey work on 1.5GW Outer Dowsing offshore wind farm – Splash247 – Splash 247

Posted: at 7:54 am

Subsea technology and services firm Rovco has been selected for site characterisation work on the Outer Dowsing offshore wind project in the UKs Southern North Sea.

The project is a joint venture between TotalEnergies, Corio Generation, and Gulf Energy Development. Outer Dowsing will have a planned installed capacity of 1.5GW and be one of the UKs largest offshore wind farms upon completion.

The project is scheduled to begin shortly and Rovco will be responsible for carrying out a full geophysical investigation of several key sites at the offshore wind farm. This will involve mapping both the seabed and sub-seabed conditions to identify hazards that may affect the future installation of wind turbines and subsea cables.

The work will be carried out by one of the companys survey vessels, Glomar Supporter. With an unmanned surface vessel onboard, it is equipped to deliver simultaneous data collection with instant upload to the vessel. The vessel also has a work class ROV for concurrent inspection activities.

Survey work has a critical role to play in accelerating the deployment of offshore wind. Were pleased to be supporting our partners in realising their ambitions for both environmental stewardship and for the future development of Outer Dowsing, said Graham Bell, head of geoscience at Rovco.

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