Brought to you by Quest Offshore & Southern Cone Consultants
March 5 (Reuters) - China on Thursday released a new economic decarbonisation plan that seeks to put its carbon intensity reduction programme back on track, mainly by relying on its booming renewable sector to limit coal consumption and rein in emissions. China's new five-year plan, released on Thursday, called for it to reduce its carbon... Continue Reading →
February 27, 2026 — OceanPact and CBO announced today, in a Regulatory Filing, the combination of their businesses, to be implemented through the incorporation of CBO’s holding company into OceanPact. Closing of the transaction is subject to approval by the Brazilian Antitrust Regulatory Agency (CADE), as well as the fulfillment of other customary conditions precedent... Continue Reading →
Feb. 12 (OE) BW Offshore has unveiled a floating blue ammonia FPSO concept developed in collaboration with McDermott International, combining offshore production, carbon capture and direct export to convert surplus natural gas into lower-carbon fuel. The floating production, storage and offloading (FPSO) concept is designed to process up to 3 million cubic meters of gas... Continue Reading →
Feb 5 (Reuters) - HIF Global expects significantly lower costs for its green-hydrogen plant in Brazil and hopes to secure financing for the first of four planned modules in the middle of next year, the company's Latin America chief executive said on Thursday. The e-fuels maker had put a $4 billion price tag on the... Continue Reading →
Feb. 5 (OE) Stena Drilling’s Stena Evolution drillship has received the Abate (P+) notation from classification society DNV. The Abate (P+) qualifier confirms defined design and control of the vessel’s power generation systems, together with an emission and energy management system aligned with ISO 50001 principles. It also verifies the installation of technical and operational... Continue Reading →
Feb. 2 (oilnow.gy) Guyana has allocated GY$10.7 billion in its 2026 budget to advance three clean energy initiatives: the Gas-to-Energy project, further gas-based power development, and the resuscitation of the Amaila Falls Hydropower Project. The allocation was outlined by Minister of Finance, Dr. Ashni Singh, during the presentation of Budget 2026 this week. Dr. Singh said the... Continue Reading →
Jan. 30 (OE) MODEC has signed a statement of strategic intent with Eld Energy and Delta Electronics to collaborate on the development of a solid oxide fuel cell power generation system for offshore and maritime applications, including floating production, storage and offloading (FPSO) units. The agreement, signed on January 29, 2026, sets out plans to... Continue Reading →
Jan 12 - Rio de Janeiro has taken a decisive step towards energy transition by approving a public policy specifically aimed at developing offshore wind energy. The new legislation establishes guidelines for the orderly use of maritime space and creates a favorable environment for attracting investments, generating skilled jobs, and strengthening the maritime economy. Regulatory... Continue Reading →
Dec. 15 - Petrobras and Shell Brazil launched Carbon Countdown, the largest project ever undertaken to measure, in a standardized way and on a national scale, above- and below-ground carbon stocks in all terrestrial biomes of the country. The companies' mutual interest in the decarbonization process is complemented by the scientific expertise of Esalq/USP, the... Continue Reading →
Dec. 15 (OE) MISC and China Offshore Engineering & Technology Company have received the Approval in Principle (AiP) from the American Bureau of Shipping (ABS) for their design of an ammonia floating production storage and offloading (FPSO). This innovative floater solution adapts proven onshore production technology for offshore operations, transforming unutilized hydrocarbon gas from nearby... Continue Reading →
Brazil Energy Insight 