Sept. 8 (oilnow.gy) Blue Water Shipping Suriname has secured a three-year contract to provide logistics and supply chain services for Noble Corporation’s offshore operations in Suriname. The company announced the award on September 4. It said the agreement expands its role in supporting the country’s offshore energy sector. Noble’s July 2026 fleet report listed the Noble Developer... Continue Reading →
Argentina Takes Legal Action Against Navitas Over Falklands Drilling
Sept. 8 (Reuters) - Argentina's government said on Monday it will file criminal charges against energy company Navitas Petroleum and its executives for operating in the Falkland Islands. The move follows remarks on Friday by Argentine President Javier Milei, who vowed to sanction oil companies drilling in the British overseas territory as he stepped up... Continue Reading →
Standardization and Industrialization Could Cut Offshore Wind Costs in North Sea by 28% – Study
Sept. 8 (offshoreWIND.biz) Standardizing turbine designs and securing predictable project pipelines could reduce the average lifetime cost of electricity from North Sea offshore wind by up to 28 per cent by 2050 in a high-volume scenario, a study led by DNV has shown. DNV led the joint industry project (JIP) with eight companies across the... Continue Reading →
T12 Engineering Gets OWGP Funding for Floating Wind Mooring Tech
Sept. 8 (OE) T12 Engineering has secured funding from the Offshore Wind Growth Partnership (OWGP) to advance its Floating Mooring System (FMS), a technology designed to reduce the cost and complexity of maintaining floating offshore wind turbines. The latest project follows a Front-End Engineering Design (FEED) study supported by Scottish Enterprise in 2025, which confirmed... Continue Reading →
Ventura Expands Drillship Fleet, Lands $58M Petronas Deal
Sept. 8 (OE) Brazilian drilling contractor Ventura Offshore has entered into an agreement with Eldorado Drilling to provide marketing and operations management services for the seventh-generation ultra-deepwater drillship Deep Value Driller, while also securing a drilling contract with Petronas E&P Bobara in Indonesia. The Petronas contract has an estimated value of approximately $58 million, including... Continue Reading →
Tech explores Argentina’s Patagonia for mega data centers
Sept 7 (Reuters) - Argentina's rugged Patagonia is drawing increasing interest from investors searching for sites for mega data centers who are enticed by the region's cool temperatures, renewable energy, shale gas and empty stretches of land. As tech giants known as hyperscalers race worldwide to build server farms and run into roadblocks amid anti-data-center... Continue Reading →
Oil States secures three year agreement with Petrobras for subsea services
Sept. 7 - Oil States Brasil has secured a new contract with Petrobras to provide specialized maintenance and technical assistance services for subsea equipment. The three-year agreement covers support for Petrobras's subsea operations as well as for the exploration and production (E&P) consortia in which the oil company participates. The scope encompasses activities such as... Continue Reading →
OceanPact Completes Acquisition of Dock Brasil Shipyard
Sept. 7 - On August 31, 2026, OceanPact—through its wholly-owned subsidiary Estaleiro Farol de São Tomé Ltda.—completed the acquisition of all outstanding shares of Dock Brasil Engenharia e Serviços S.A., a shipyard located in São Gonçalo, Rio de Janeiro. Following the fulfillment of all requisite corporate and regulatory steps, Dock Brasil has become part of... Continue Reading →
Ibama grants Petrobras license, with conditions, to drill 3 new wells in the Foz do Amazonas Basin
Sept. 7 - Petrobras has successfully met Ibama’s requirements and has been granted the license to drill three additional wells in block FZA-M-059, located in the Foz do Amazonas Basin. The new wells—named Manga, Crotalus, and PAD Morpho—will be crucial for the oil company to determine the reservoir's size and assess the area's commercial potential.... Continue Reading →
Brazil’s 2027 Pre-Salt Oil Auction Could Bring in $4.4B
Sept. 7 (Reuters} Brazil's government expects to raise 22.4 billion reais ($4.4 billion) from an extraordinary pre-salt oil auction in 2027, according to an annex to the budget bill submitted to Congress, a revenue source that will be crucial to achieving its goal of posting its first effective primary surplus in years. The government of... Continue Reading →