April 9 (Reuters) A Brazilian federal court has issued an injunction exempting TotalEnergies, Repsol Sinopec, Galp's Petrogal, Shell and Equinor from a tax on crude oil exports, a court document seen by Reuters shows. The Tuesday decision says a 12% tax enacted about a month ago as oil prices spiked due to the U.S.-Israeli war... Continue Reading →
Democrats question legality of Trump, TotalEnergies offshore wind deal
April 7 (Reuters) - House Democrats questioned the legality of the Trump administration's deal to return nearly $1 billion to TotalEnergies to stop the development of two U.S. offshore wind farms, according to letters sent to administration officials and the French energy company. U.S. Representatives Jared Huffman and Jamie Raskin, both Democrats, sent a letter on... Continue Reading →
Grenada targets Q4 2026 launch for oil exploration license bids
April 6 (oilnow.gy) Grenada is preparing to invite bids for offshore exploration licenses by the fourth quarter of 2026, as it positions itself for entry into the upstream hydrocarbons sector. “Grenada is open for business and working toward awarding licenses in fourth quarter of 2026, inviting interested parties to submit bids for exploration licenses,” said... Continue Reading →
Brazil’s Braskem boosted by petrochemical prices, but debt problem looms
April 2 (Reuters) - Rising petrochemical prices have buoyed the long-term prospects for Brazil's Braskem, even as the company is racing against the clock to deal with looming interest payments on its debt. The petrochemical producer, with operations in Brazil, the U.S., and Mexico, is considering whether to seek an injunction to avoid a painful... Continue Reading →
Exclusive: Shell in advanced talks with Venezuela for more gas areas, sources say
April 1 (Reuters) - Shell is in advanced talks with Venezuela's government to develop four large areas near Trinidad and Tobago, in two of the South American country's largest offshore natural gas fields, two people familiar with the discussions said. The London-based energy major has been trying for years to advance the 4.2-trillion-cubic-feet Dragon gas field... Continue Reading →
Brazil National Energy Policy Council (CNPE) Establishes Guidelines for Regulating the Use of Offshore Energy Potential
April 1 (MME) The National Energy Policy Council (CNPE) approved, this Wednesday (April 1st), the resolution establishing the Guidelines for regulating Law No. 15,097/2025, on Offshore Wind Energy. The approval complies with the legal framework sanctioned in January 2025 and the deadlines established for the activities of the Offshore Wind Energy Working Group (GT-EO), instituted... Continue Reading →
Brazilian Demand for Supply Vessels for the Oil and Gas Industry Peaks in 2025
April 1 (PN) Brazilian demand for platform supply vessels (PSVs) peaked at 140 vessel-years in 2025, driven by new offshore developments and high daily rates. This data comes from a survey by Rystad Energy, authored by Supply Chain specialists Victor Claro and Einar Michel. According to the consultancy, this scenario led shipowners to mobilize foreign-flagged... Continue Reading →
Virginia Passes Bill to Advance Offshore Wind Workforce Development
March 31 (offshoreWIND.biz) Virginia lawmakers have passed a bill to advance workforce development in the offshore wind industry. The bill (HB67), which passed both the Virginia House of Delegates and the State Senate in March and is now awaiting the Governor’s signature, introduces a measure focused on assessing workforce and training needs for the offshore... Continue Reading →
ANP Approves New Version of the Permanent Production Sharing Offer Tender
March 27 - The board of the National Petroleum Agency (ANP) approved a new version of the tender for the Permanent Production Sharing Offer (OPP). The update includes 15 new exploration blocks, which are added to the eight already foreseen, totaling 23 areas available for the next OPP cycles. The technical-economic parameters were also revised.... Continue Reading →
UK Continues Offshore Wind Expansion with 6 GW Leasing Round Planned for Early 2027
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 →