Aug.13 (PN) Petrobras appears closer than ever to obtaining the long-awaited environmental license to drill in the promising Foz do Amazonas basin, off the coast of Amapá, within the so-called Equatorial Margin. Technicians from the company and the Brazilian Institute of the Environment and Renewable Natural Resources (IBAMA) this week finalized the details for the... Continue Reading →
US firm to test environmental and social impact for oil & gas projects in Suriname
(offshore-energy.biz) Florida-headquartered marine environmental consulting firm CSA Ocean Sciences (CSA) and its Suriname subsidiary, CSA Suriname, have secured several projects for oil & gas operators in Suriname. Under the multi-year contracts for operators described as “major”, CSA will manage multiple environmental and social impact assessment (ESIA) programs offshore Suriname, mobilizing vessels of opportunity to perform field... Continue Reading →
BP’s big Brazil oil and gas find boosts prospects for Equinor, auction
Aug 5 (Reuters) - BP's announcement on Monday of its largest global oil and gas discovery in 25 years in Brazil's offshore Santos basin bodes well for Equinor's nearby interests and strong appetite for an October auction of oil blocks in the region. Discoveries nearly two decades ago in the region, defined by vast deepwater fields under... Continue Reading →
Top UN court says treaties compel wealthy nations to curb global warming
July 23 (Reuters) - The United Nations' highest court on Wednesday told wealthy countries they must comply with their international commitments to curb pollution or risk having to pay compensation to nations hard hit by climate change. In an opinion hailed by small island states and environmental groups as a legal stepping stone to make... Continue Reading →
Seatrium secures $400 million sustainability-linked credit facility
(offshore-energy.biz) Singapore-headquartered offshore, maritime, and energy solutions provider Seatrium has secured a $400 million sustainability-linked revolving credit facility with United Overseas Bank (UOB). Seatrium stated that the credit facility, secured through its wholly owned subsidiary Seatrium Financial Services (SFS), aligns with the sustainable finance framework and includes revolving credit features that will enhance the company’s... Continue Reading →
MODEC, Eld Energy Advance FPSO Offshore Fuel Cell Pilot
(OE) MODEC has entered into a contract with Eld Energy, a Norwegian fuel cell system company, to design and manufacture a solid oxide fuel cell (SOFC) system pilot unit intended for installation on one of the MODEC-operated floating production, storage and offloading (FPSO) units. In February 2025, MODEC awarded a feasibility study contract to Eld... Continue Reading →
Brazil Government Opens Discussion on Selecting Areas for Offshore Wind Power
(Eixos.com.br) Amid market pressure to hold the first auction for offshore wind power generation in Brazil, the Ministry of Mines and Energy (MME) opened a public consultation on July 14th to improve the methodology for selecting areas for the activity. The objective of the consultation is to refine the definition of technical, environmental, economic, and... Continue Reading →
Uruguay oil & gas quest: Prospects appear in one block, as another preps for seismic acquisition
(offshore-energy.biz) As the offshore oil and gas exploration mission continues in Uruguay, the Isle of Man-headquartered oil and gas company Challenger Energy Group (CEG) is moving forward with its plans to make its assets drill-ready. To this end, the firm has confirmed the identification of prospects in one block and the ongoing preparation to embark... Continue Reading →
Triton Anchor Gets Patents for Floating Renewables Anchoring Tech
(OE) Triton Anchor has secured two patents in the United States for its proprietary offshore anchor and subsea deployment tool, with a notice of allowance for the anchor patent also received in Japan. These newly patented technologies mark an advancement in enabling low-cost, low-impact deployment of floating wind, solar, and wave platforms. According to Triton... Continue Reading →
Work Starts on Brazil’s First Offshore Wind Project, Pilot Expected to Come Online in 3 Years
(offshoreWIND.biz) Brazil’s SENAI Institute of Innovation in Renewable Energy (ISI-ER) and SENAI’s Rio Grande do Norte branch, SENAI-RN, expect to receive the installation permit for their pilot project, the country’s first offshore wind project to be granted a preliminary licence, within 12 to 18 months and to have it operational within 36 months. Following the... Continue Reading →