Petrobras has announced tender results awarding Fugro four significant multi-year contracts for the inspection and monitoring of critical subsea infrastructure in Brazil. The contracts, once signed, will commence in the fourth quarter of 2025 and span four years with potential one-year extensions. Each of the four day-rate contracts is assigned to a dedicated vessel—two operated... Continue Reading →
Project to Demonstrate 15+ MW Turbine on Ocergy’s Floating Platform Kicks Off
(offshoreWIND.biz) The Reduced Commercial Risks with Demo of 15+ MW (RECORD15) joint industry project, which aims to install a latest generation turbine with a rated power over 15 MW on Ocergy’s floating platform in 2028, has been launched. The Front-End Engineering Design (FEED) contract for this pilot project was recently signed between Ocergy and three... Continue Reading →
Wilson Sons, through the Offshore Support Base, signs agreement with TotalEnergies, a global leader in the energy industry
Wilson Sons, recognized for its extensive experience of more than 187 years, has signed a new agreement with TotalEnergies EP Brasil to provide logistics support to oil production activities in the Lapa Field, in the pre-salt layer of the Santos Basin, through one of its Offshore Support Bases — the Rio Base — located in... Continue Reading →
UK’s Crown Estate Plans $543M Investment in Offshore Wind Supply Chain
(Reuters) King Charles III's Crown Estate, which owns Britain's seabed, said on Tuesday it will invest up to 400 million pounds ($543 million) in the country's offshore wind supply chain. The investment is intended to support the construction of new infrastructure, including ports, supply chain manufacturing, and research and testing facilities, to enable the deployment... Continue Reading →
Delaware Senate Passes Bill that Could Override County’s Permit Denial to US Wind
(offshoreWIND.biz) The Delaware State Senate has passed a bill which would allow US Wind to continue planning its onshore substations for the Maryland offshore wind project in Delaware’s Sussex County, whose council denied US Wind the permit last year. Senate Bill 159, introduced in the Delaware Senate on 21 May and discussed by the Senate... Continue Reading →
Brava Energia signs sale agreement with Petroreconcavo for gas midstream asset in Rio Grande do Norte
BRAVA ENERGIA S.A. (“BRAVA” or the “Company”) (B3: BRAV3), pursuant to CVM Resolution No. 44, hereby informs its investors and the market in general that, on this date, it has entered into an Asset Purchase and Sale Agreement (the “Agreement”) with PETRORECONCAVO S.A. (“PetroReconcavo”), regarding the sale of 50% of (i) the Natural Gas Processing... Continue Reading →
Brazil wind power company gets OK for data center project with TikTok interest
(Reuters) - Wind farm developer Casa dos Ventos has regulatory approval to move ahead with a 300-megawatt project in northeast Brazil where the company has been discussing a major data center investment with the owner of TikTok. Brazil's national power grid operator gave the green light to connect the project at the Pecem port complex... Continue Reading →
Colombia seeks to join China-based development bank as Latin America drifts away from Washington
(AP) — Colombia's government has applied to join a China-based development bank, another sign of Latin America's drift away from the U.S. as the Trump administration's foreign aid cuts, trade barriers and crackdown on immigration spurs many leaders in the region to seek closer ties with Washington's geopolitical rival. Colombian President Gustavo Petro wrapped up a visit to China this... Continue Reading →
Brazil’s Renewable Energy Revolution
By Haley Zaremba for Oilprice.com Nearly 90% of Brazil's electricity comes from renewables, making it a prime location for energy-intensive AI infrastructure. Amazon, Microsoft, and other tech giants are investing billions in Brazilian data centers powered by clean energy. Brazil aims to prove that a renewable-focused energy grid can sustain large-scale AI growth, challenging the... Continue Reading →
US Could Miss Out on USD 75 Billion in Offshore Wind Investment – IntelStor Analysis
(offshoreWIND.biz) The current US administration’s aggression towards the offshore wind market could put at risk up to USD 75 billion in investment, according to an analysis by Houston-based IntelStor. Based on the analysis, the application of tariffs as well as the recent moves to halt or cancel offshore wind projects in the US have jeopardised... Continue Reading →