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July 15 (offshoreWIND.biz) The Floating Axis Wind Turbine (FAWT) consortium of six Japanese companies has installed an experimental low-cost next-generation floating wind turbine in the bay of Iki City, Nagasaki Prefecture, Japan. The concept aims to make a fully domestic supply chain of offshore wind possible. The demonstration has started as of July 2026 and... Continue Reading →
July 15 - Petrobras has extended the bid submission deadline for the Búzios 12 project FPSO ( P-91) by 180 days. The original deadline was September 9 of this year. Interested suppliers now have more time to prepare their offers, a move Petrobras believes will likely increase competition for the contract. The oil company chose... Continue Reading →
July 15 (offshoreWIND.biz) Principle Power has been awarded the Operations and Maintenance (O&M) support contract for the 30 MW Éoliennes Flottantes du Golfe du Lion (EFGL) project in the French Mediterranean operated by Ocean Winds (OW) in partnership with la Banque des Territoires. The agreement with EFGL covers the three WindFloat® foundations, which host three... Continue Reading →
July 14 (Reuters) - Shell has begun tendering for drilling services for its Dragon offshore gas project in eastern Venezuela, part of a plan to drill four wells there beginning in the second quarter of 2027, according to two people familiar with the process. The contract is expected to be awarded by the end of September, the... Continue Reading →
July 14 (offshore-energy.biz) Norway-headquartered asset integrity management company Axess Group has picked up new assignments with Golar LNG, the Bermuda-headquartered owner and operator of liquefied natural gas (LNG) midstream infrastructure, for two floating LNG (FLNG) units destined to be deployed at Argentina’s LNG project on the South American country’s Atlantic coast. Axess Group has been... Continue Reading →
July 14 (offshoreWIND.biz) The offshore wind sector is now standardizing around 15 MW+ mega-turbines, requiring monopile foundations with diameters stretching up to 15 meters (approx. 49 feet) and steel plate thicknesses exceeding 150 mm to 170 mm (approx. 6″ to 6.7″). For fabricators, the core challenge is clear: how to roll plates of this scale... Continue Reading →
July 14 (Reuters) BP expects its oil trading result to be slightly higher in the second quarter after an exceptionally strong first quarter, as it continues to profit from a surge in oil prices caused by the Iran war. The British major flagged higher oil realizations, which it said would increase earnings in its oil... Continue Reading →
July 14 - Karoon Energy announced the resumption of production from the PRA-2 well at the Baúna field following an intervention that restored the umbilical connection and power supply to the electric submersible pump (ESP). Consequently, total field production has reached approximately 22,000 barrels per day, including a contribution of around 8,600 barrels per day... Continue Reading →
July 13 - Halliburton announced today (13) the signing of integrated contracts for well construction on the GranMorgu project—operated by TotalEnergies in the deep waters of Suriname. The agreement covers drilling and completion services for a long-term program and incorporates digital and automation solutions to enhance operational efficiency. "Securing these contracts demonstrates the value of... Continue Reading →
July 13 (splash247) The Brazilian state-controlled oil company Petrobras has emerged as one of the biggest gainers in the crude tanker market during the first half of 2026, as disruption in the Middle East shifted tanker demand towards Atlantic Basin crude flows. According to Poten & Partners’ Tanker Midterms report, Unipec retained its position as the... Continue Reading →
Brazil Energy Insight 