Subsea Infrastructure in Focus as Energy Security Discussions Highlight Need for Rapid Response Capability

14 April 2026 – As offshore energy and security discussions intensify, including a planned engagement between UK leadership and European industry representatives on 14 April, recent reports of submarine activity around subsea cables and pipelines have brought renewed attention to the resilience of critical offshore infrastructure. Subsea cables carry the vast majority of international data,... Continue Reading →

Westwood Insight – How Mainland China is reshaping the offshore wind foundation market

April 14 (westwoodenergy.com) Chinese manufacturers have been quietly but rapidly gaining ground in the global offshore wind turbine foundation market. In 2025, 26% of all turbine foundations installed globally (excluding Mainland China) were supplied by Chinese manufacturers, up from virtually zero in 2020. This shift marks a major reconfiguration in the global supply chain, creating much-needed supply... Continue Reading →

Transocean drillship scores 1,156-day encore with Petrobras

April 14 (offhore-energy.biz) Switzerland-based offshore drilling contractor Transocean has obtained a multimillion-dollar contract extension for one of its ultra-deepwater drillships with Brazil’s state-owned energy giant Petrobras. Transocean has revealed that the Deepwater Corcovado drillship was awarded a 1,156-day contract extension with Petrobras in direct continuation of its current activity. The extension is expected to contribute approximately $445... Continue Reading →

Petrobras announces update on the UFN-III Project

April 13, 2026 – Petróleo Brasileiro S.A. - Petrobras, following up on the announcement of October 25, 2024, informs that its Board of Directors has approved the resumption of construction of the Nitrogen Fertilizer Unit (UFN-III), located in Três Lagoas (MS). The decision is based on a thorough reassessment of the project, aligned with the... Continue Reading →

Petrobras in initial talks to buy back Brazil refinery from Mubadala, sources say

April 13 (Reuters) - Brazilian state-run oil firm Petrobras ​is in initial direct negotiations with Abu Dhabi's ‌Mubadala sovereign wealth fund to repurchase the Mataripe refinery in Brazil, two sources with knowledge of the matter told Reuters on ​Monday. President Luiz Inacio Lula da Silva said last ​month that Petrobras would repurchase the refinery, which had ⁠been sold... Continue Reading →

Argentina’s FLNG installation and hook-up in CoreMarine & Jumbo Offshore’s hands

April 13 (offshore-energy.biz) Jumbo Offshore, part of the Jumbo Group, and CoreMarine have been tasked with the transport and installation of the soft-yoke (SSY) mooring systems and hook-up of two floating liquefied natural gas (FLNG) vessels in Argentina’s Golfo San Matías. CoreMarine and Jumbo Offshore’s assignment in Argentina is for both the FLNG Hilli Episeyo and the FLNG... Continue Reading →

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