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April 14 - The Mero field will be the site of the world's most extensive seismic monitoring project, with an investment of US$450 million. This unprecedented project in deep waters will reveal data that will allow for a deeper understanding of the reservoir's behavior and its dynamics over time. The investment will be led by... Continue Reading →
April 6 (TN) A study analyzing data from thousands of Brazilian municipalities identified regions with the greatest potential for the production and use of green hydrogen – a fuel considered strategic for the decarbonization of emission-intensive industrial sectors. The research shows that the country has favorable conditions for developing this new energy chain, but also... Continue Reading →
March 27 (offshoreWIND.biz) The Crown Estate has unveiled plans for the UK’s Offshore Wind Leasing Round 6 to be held in the first half of 2027, targeting the development of at least 6 GW of new capacity. The upcoming leasing process will focus on areas primarily located in the northeast of England. The sites are... Continue Reading →
March 26 (Reuters) - The world will not be able to reach carbon neutrality by 2050 as outlined in the Paris Agreement, French oil major TotalEnergies said on Thursday, and the company will have to adapt its own climate ambitions as a result. Total had previously said it had an ambition to be carbon neutral... Continue Reading →
The Brazilian Federal Court of Accounts (TCU) conducted an audit to analyze how Petrobras contracts and operates FPSOs. These vessels are used to process oil and gas at sea, store it, and then transfer it to other ships. They are important for Petrobras because they are more flexible and faster to install than stationary exploration... Continue Reading →
March 16, (oilnow.gy) Automation, digital technologies, and emissions reduction are expected to shape the next generation of floating production, storage and offloading (FPSO) vessels, according to discussions at the Deepwater Development Conference in Lisbon, Portugal. The conference, hosted by World Oil and Gulf Energy Information, continued on March 11 with contractor panels, technical sessions, and... Continue Reading →
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. 18 (oilprice.com) A slew of high-quality oil discoveries in offshore Block 58 by TotalEnergies and its 50% partner, APA Corporation, has seen the tiny South American country of Suriname touted as the next Guyana. While Suriname’s offshore waters hold considerable petroleum potential, the country’s oil boom has been fraught with delays. Conflicting geological data, high gas-to-oil ratios,... 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 →
Brazil Energy Insight 