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March 31 (Reuters) - Renewable power made up almost 50% of the world’s electricity capacity last year after a record increase in solar installations, data from the International Renewable Energy Agency shared exclusively with Reuters showed on Tuesday. As the Middle Eastern conflict has led to record monthly gains on oil markets, some in industry have lobbied... Continue Reading →
March 31 (oilnow.gy) The GranMorgu offshore project has entered full subsea build-out mode, with multiple subsea Christmas Trees (XTs) completed, according to a March 30 update by TotalEnergies Suriname General Manager Artur Nunes da Silva. The project recorded its first XT completion in December 2025. Since then, progress has accelerated. Nunes da Silva said, “We... Continue Reading →
March 31 (CNN) The president of Shell Brazil, Cristiano Costa, reported that the company surpassed the production of 500,000 barrels of oil equivalent per day (boed) on March 24th, producing 502,200 barrels of oil equivalent per day (boed). The executive highlighted the production of assets such as Parque das Conchas (BC-10), in the Campos Basin,... Continue Reading →
March 31 (TN) SISTAC, a leader in the Brazilian market for inspection, maintenance, and repair of submerged structures for the oil and gas industry, announces that the company and Petrobras have signed a contract addendum extending the provision of services on platforms located in three basins—Santos, Campos, and Espírito Santo—for another year. Initiated in April... Continue Reading →
March 31 (Reuters) - Brazil's renewable energy sector is facing severe headwinds, with major power generators scaling back operations and cutting jobs due to generation restrictions that the national grid operator imposed on wind and solar plants in 2023, companies told Reuters. Atlas Renewable Energy, owned by Global Infrastructure Partners (GIP) under BlackRock, Newave Energia,... Continue Reading →
March 31 (offshoreWIND.biz) Maersk’s first next-generation wind turbine installation vessel (WTIV), Maersk Viridis, has sailed out of Singapore and is on its way to the US, where it will install turbines on Equinor’s Empire Wind 1 offshore wind farm, under construction in the US federal waters off New York. According to Maersk Offshore Wind, the WTIV sailed... Continue Reading →
March 31 (offshoreWIND.biz) Virginia lawmakers have passed a bill to advance workforce development in the offshore wind industry. The bill (HB67), which passed both the Virginia House of Delegates and the State Senate in March and is now awaiting the Governor’s signature, introduces a measure focused on assessing workforce and training needs for the offshore... Continue Reading →
March 31 (OE) Petrobras has selected Fugro to carry out a geotechnical site investigation for its Rio de Janeiro Offshore Wind Pilot Project, the first offshore wind development in South America to advance under a formal environmental licensing process. The 18 MW pilot project marks an early step in the region’s offshore wind development, as... Continue Reading →
March 29 (ANCAP) On March 25, new companies formally joined Areas OFF-2 and OFF-7, operated by Shell, within the framework of the existing hydrocarbon exploration and production contracts. QatarEnergy entered Areas OFF-2 and OFF-7, while Chevron also joined Area OFF-7, as non-operating partners in all cases. As a result, in Area OFF-2, Shell now holds... Continue Reading →
Maech 30 (Sinaval) Belov Engenharia has signed a total of eight contracts with Petrobras for chartering and providing shallow diving (up to 50 meters) and ROV services with DSV (Diving Support Vessels) type vessels, which will come into effect between the second half of 2026 and the second half of 2027. The signed contracts total... Continue Reading →
Brazil Energy Insight 