Brought to you by Quest Offshore & Southern Cone Consultants
Nov 5 (Reuters) - Danish offshore wind farm developer Orsted on Thursday reported a third-quarter core profit above forecasts, sending its shares up more than 4%. Orsted has expanded rapidly over the past decade, but more recently has faced higher costs from supply chain disruption and inflation, as well as regulatory challenges in the United... Continue Reading →
Aug. 10 (offshote-energy.biz) Two ocean-going tugs from the fleet operated by Boskalis, a Dutch offshore services provider, have undertaken a floating production, storage, and offloading (FPSO) tow mission across the Atlantic. Boskalis has shed light on the role its ocean-going tugs BOKA Alpine and BOKA Glacier recently played in completing a major FPSO towage operation. Each with a bollard... Continue Reading →
June 30 (OE) Cidade de Niterói MV18 floating production, storage and offloading vessel (FPSO) unit, owned and operated by MODEC, has arrived at a ship recycling facility in Denmark after completing charter and operations and maintenance services for Petrobras at the Marlim Leste field offshore Brazil. The FPSO departed Brazil following the completion of demobilization... Continue Reading →
May 28 - Petrobras announced investments of approximately R$60 billion in Sergipe as part of the Sergipe Deepwater Project (SEAP), an initiative that should increase the Northeast's share of the national natural gas supply from the current 16% to 31% by 2035. The information was announced by the state-owned company's president, Magda Chambriard. The SEAP... Continue Reading →
May 23 (Reuters) Copenhagen Infrastructure Partners, a Danish firm eager to invest in Italian offshore wind farms, is getting impatient. Two years after the country's 2024 law offered incentives to would-be developers to provide offshore wind capacity, the government has yet to announce a calendar for auctions it said it would hold by 2028. The inertia reflects a reluctance... Continue Reading →
May 6 (Reuters) - Danish wind turbine maker Vestas reported an unexpectedly large first-quarter profit rise on Wednesday as it ramped up production for the offshore sector, but warned of geopolitical and tariff-related risks. "Last year in Q1 we hadn't put a single one of our new offshore turbines up," Vestas Chief Financial Officer Jakob Wegge... Continue Reading →
May 6 (Reuters) Danish offshore wind developer Orsted on Wednesday reported a first-quarter core profit above forecasts, driven by an increase in power output and kept its full-year outlook for the year. Orsted in recent years struggled with soaring costs from supply chain disruption and inflation and last year said it would focus more on... Continue Reading →
April 9 (Reuters) - The Middle East war is giving fresh momentum to Europe's push for energy independence and bolstering the case for offshore wind farm developments, the CEO of Denmark's Orsted said on Thursday. Europe, a major importer of fossil fuels, has seen energy prices soar in recent weeks as the U.S.-Israeli war on Iran, and Teheran's blockage of shipments through... Continue Reading →
March 26, 2026 - Petróleo Brasileiro S.A. – Petrobras has identified the presence of excellent-quality oil in the pre-salt of the Campos Basin, through an exploration well drilled in the Marlim Sul Field. Well 3-BRSA-1397-RJS is located 113 km offshore, in the municipality of Campos dos Goytacazes (RJ), in 1,178 meters of water depth. The... Continue Reading →
Feb.20 - DOF Group ASA's (“DOF” or the “Group”) revenue for 4th quarter (management reporting) totals USD 577 million (USD 445 million) and EBITDA totals USD 220 million (USD 152 million). The operating profit (EBIT) is USD 174 million (USD 190 million) and includes reversal of impairment of USD 9 million (USD 98 million). Net financial... Continue Reading →
