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Sept. 13 (agenciainfra.com) Lourenço Fróes, coordinator of Petrobras’ New FPSO Program (Profort), indicated on Friday (11) that the state-owned company is considering renewing the operating contracts for the FPSOs (Floating Production, Storage, and Offloading units) in the Seap (Sergipe Deepwater) project with the builder and operator SBM Offshore. Currently, the contracts run for six and... Continue Reading →
Sept. 11 (splash247.com) Sumitomo Heavy Industries and Albatross Technology have formed a capital and business alliance to speed up the development of floating axis wind turbines (FAWTs), with the partners preparing to move from small-scale testing to a 2MW-class offshore demonstrator. The cooperation will cover turbine design, production, installation, and maintenance, and the partners will... Continue Reading →
Sept. 10 (oilnow.gy) ExxonMobil is working with the Guyana environmental regulator to advance the Longtail development, with the project expected to introduce non-associated gas and condensate production to the country’s offshore portfolio around 2030. Country President Alistair Routledge disclosed the progress during the Energy Perspectives podcast episode released on September 7. He said the company... Continue Reading →
Sept. 10 (oilprice.com) The oil and gas supply shock amid the Middle East conflict has accelerated cumulative global investments in clean hydrogen to above $130 billion across more than 570 projects, as energy security has become a key driver of uptake alongside industrial growth and decarbonization targets, the Hydrogen Council said in a new report... Continue Reading →
Sept. 10 (offshoreWIND.biz) Scotland's Highlands and Islands Enterprise (HIE) has approved more than GBP 778,000 in Scottish Government funding for plans to produce floating offshore wind foundations at Port of Ardersier. The funding will support an 18-month front-end engineering design (FEED) study led by the France based company BW Ideol, a subsidiary of BW Ideol... Continue Reading →
Sept. 9 (oilnow.gy) ExxonMobil Guyana’s Hammerhead development is progressing on several fronts, with drilling, subsea equipment manufacturing and construction of the project’s floating production, storage and offloading (FPSO) facility underway. During a recent episode of the Energy Perspectives podcast released September 7, ExxonMobil Guyana President Alistair Routledge provided the update, noting that the US$6.8 billion... Continue Reading →
Sept. 8 (Reuters) - Argentina's government said on Monday it will file criminal charges against energy company Navitas Petroleum and its executives for operating in the Falkland Islands. The move follows remarks on Friday by Argentine President Javier Milei, who vowed to sanction oil companies drilling in the British overseas territory as he stepped up... Continue Reading →
Sept. 8 (offshoreWIND.biz) Standardizing turbine designs and securing predictable project pipelines could reduce the average lifetime cost of electricity from North Sea offshore wind by up to 28 per cent by 2050 in a high-volume scenario, a study led by DNV has shown. DNV led the joint industry project (JIP) with eight companies across the... Continue Reading →
Sept. 8 (OE) T12 Engineering has secured funding from the Offshore Wind Growth Partnership (OWGP) to advance its Floating Mooring System (FMS), a technology designed to reduce the cost and complexity of maintaining floating offshore wind turbines. The latest project follows a Front-End Engineering Design (FEED) study supported by Scottish Enterprise in 2025, which confirmed... Continue Reading →
Sept 7 (Reuters) - Argentina's rugged Patagonia is drawing increasing interest from investors searching for sites for mega data centers who are enticed by the region's cool temperatures, renewable energy, shale gas and empty stretches of land. As tech giants known as hyperscalers race worldwide to build server farms and run into roadblocks amid anti-data-center... Continue Reading →
Brazil Energy Insight 