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(OE) Malaysian FPSO leasing firm Yinson Production has closed of the previously announced $1 billion investment from a consortium of global investor to further drive its business growth. The funding was secured through a wholly owned subsidiary of the Abu Dhabi Investment Authority (ADIA), and funds managed by British Columbia Investment Management Corporation (BCI), and... Continue Reading →
(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 →
(offshore-energy.biz) TotalEnergies and its partners have signed an extension of the production sharing contract (PSC) for a block offshore Angola. The extension refers to Block 17, described as one of the country’s most prolific offshore oil exploration blocks and one of the first deep-offshore blocks to be licensed in Angola. The license is operated by TotalEnergies with Equinor, ExxonMobil, Azule... Continue Reading →
(eixos) The Senate is advancing in discussions on bill 3.178/2019, which proposes the end of the pre-salt polygon and Petrobras' right of preference in the sharing auctions. The Infrastructure Committee approved on Tuesday the opinion of the committee's president, Senator Marcos Rogério (PL/RO). The bill was included in the committee's agenda at the end of... Continue Reading →
(PN) The Energy Research Company (EPE) has completed the technical analysis of the documentation submitted by Equinor to request authorization to begin early construction and installation activities for the gas pipeline to transport specified gas from the Raia Project. EPE considered the project compatible with the sectoral planning and recommended its authorization, highlighting its importance... Continue Reading →
(PN) Petrobras notified the National Petroleum Agency (ANP) about the discovery of oil signs in well 3-BRSA-1398-RJS, located in the Alto de Cabo Frio Central block, in the pre-salt area of the Campos Basin. The well is located in a water depth of 2,276 meters. The drilling of the well began at the end of... Continue Reading →
(eixos.com.br) On Friday, the federal government dismissed the National Secretary for Energy Transition and Planning of the Ministry of Mines and Energy (MME), Thiago Barral The decision was published in an extra edition of the Official Gazette of the Union (DOU), signed by the Chief of Staff of the Civil House, Rui Costa, while the... Continue Reading →
By STEVEN GRATTAN Associated Press (AP) — Colombia’s ambitious plans for wind energy development, especially in the resource-rich La Guajira region, are facing serious setbacks as major companies pull out and projects stall, industry experts say. Margarita Nieves, director of the Colombian Offshore Wind Research Network, told The Associated Press that despite large targets — including... Continue Reading →
(offshoreWIND.biz) Legislation that will pave the way for the development of offshore renewable energy in Canada’s province of Newfoundland and Labrador has been put into force. This follows the passage of the federal Bill C-49 in October 2024 and Newfoundland and Labrador’s mirror legislation, Bill 90, in March 2025. The Bill C-49 includes amendments to... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras informs it has submitted a declaration of interest for exploratory blocks on the offshore areas of the Ivory Coast, a country located on the west coast of Africa. The Ivory Coast government, through its Council of Ministers, approved Petrobras' declaration of interest for nine blocks. This is the first phase... Continue Reading →
Brazil Energy Insight 