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July 16 (Reuters) - Portugal and Brazil are seeking to attract Brazilian investors to build one or two advanced biofuel and sustainable aviation fuel plants in Portugal, the country's energy minister said on Thursday. Maria da Graca Carvalho said she would discuss the project — which targets both the domestic and European markets — when... Continue Reading →
July 16 (africa.businessinsider.com) An African island nation offered oil companies control of as much as 85% of three offshore blocks. Only two investors came forward. São Tomé and Príncipe has now reportedly rejected every bid submitted in its latest licensing round, delivering another setback to the Central African country’s decades-long search for a commercially viable... Continue Reading →
July 16 (oilprice.com) It’s not often that wind power and oil and gas are mentioned in the same breath. The rare occasion concerns a new type of offshore wind turbine launched in China that will power the extraction of fossil fuels by offshore oil platforms. Developed by the China National Offshore Oil Corporation (CNOOC), the... Continue Reading →
July 15 - The Raia project has reached another milestone in its development schedule with the completion of the installation of the 24 torpedo piles that make up the mooring system for the FPSO to be used at the field. Jhordann Barrera, the Raia project’s SURF (Subsea, Umbilicals, Risers, and Flowlines) offshore operations manager, stated... Continue Reading →
July 15 (offshoreWIND.biz) The Floating Axis Wind Turbine (FAWT) consortium of six Japanese companies has installed an experimental low-cost next-generation floating wind turbine in the bay of Iki City, Nagasaki Prefecture, Japan. The concept aims to make a fully domestic supply chain of offshore wind possible. The demonstration has started as of July 2026 and... Continue Reading →
July 15 (offshoreWIND.biz) Principle Power has been awarded the Operations and Maintenance (O&M) support contract for the 30 MW Éoliennes Flottantes du Golfe du Lion (EFGL) project in the French Mediterranean operated by Ocean Winds (OW) in partnership with la Banque des Territoires. The agreement with EFGL covers the three WindFloat® foundations, which host three... Continue Reading →
July 14 (Reuters) - Shell has begun tendering for drilling services for its Dragon offshore gas project in eastern Venezuela, part of a plan to drill four wells there beginning in the second quarter of 2027, according to two people familiar with the process. The contract is expected to be awarded by the end of September, the... Continue Reading →
July 14 (offshore-energy.biz) Norway-headquartered asset integrity management company Axess Group has picked up new assignments with Golar LNG, the Bermuda-headquartered owner and operator of liquefied natural gas (LNG) midstream infrastructure, for two floating LNG (FLNG) units destined to be deployed at Argentina’s LNG project on the South American country’s Atlantic coast. Axess Group has been... Continue Reading →
July 14 (offshoreWIND.biz) The offshore wind sector is now standardizing around 15 MW+ mega-turbines, requiring monopile foundations with diameters stretching up to 15 meters (approx. 49 feet) and steel plate thicknesses exceeding 150 mm to 170 mm (approx. 6″ to 6.7″). For fabricators, the core challenge is clear: how to roll plates of this scale... Continue Reading →
July 14 (Reuters) BP expects its oil trading result to be slightly higher in the second quarter after an exceptionally strong first quarter, as it continues to profit from a surge in oil prices caused by the Iran war. The British major flagged higher oil realizations, which it said would increase earnings in its oil... Continue Reading →
Brazil Energy Insight 