September 15, 2025 – PRIO S.A. (“Company” or “PRIO”) (B3: PRIO3), following best corporate governance practices, informs its shareholders and the market in general that, on this date, the Brazilian Institute of the Environment and Natural Renewable Resources (“Ibama”) has granted the Installation License (“LI”) of the Wahoo Field Production Development System and interconnection of... Continue Reading →
BP’s Giant Brazil Oil Discovery Eses Transition-Stranded Asset Concerns
Sept. 15 (Reuters) BP's recent discovery of a giant oilfield offshore Brazil has reignited investor enthusiasm, echoing the aggressive exploration era two decades ago when companies were thirsty for resources amid fears the world was running out of oil. The announcement of the Bumerangue discovery, described by CEO Murray Auchincloss as BP's most significant in... Continue Reading →
Norway’s Utsira Nord Attracts Two Floating Wind Applications
Sept. 15 (OE) Norway’s Ministry of Energy has received two applications to develop floating wind projects in the Utsira Nord area, marking the next step in the country’s effort to expand renewable energy capacity. The first application is from the consortium between Equinor Utsira Nord and Vårgrønn Utsira Nord, while the second is from Harald... Continue Reading →
BP returns the Pau Brasil Plock and area in the Barreirinhas Basin to ANP
Sept. 12 (PN) British oil company BP restructured its portfolio of exploration assets in Brazil shortly after announcing its largest discovery in 25 years, in the Bumerangue block in the Santos Basin pre-salt layer. The company returned the Pau Brasil block, also in the Santos Basin, to the federal government after the exploration campaign indicated... Continue Reading →
Petrobras makes new discovery in the Aram Block
Sept. 12 (PN) Petrobras notified the National Petroleum Agency (ANP) about the discovery of oil signs in well 3-BRSA-1399-SPS, in a water depth of 1,866 meters in the Aram block. Drilling on the well began at the end of May by the Valaris DS-4 drillship. The oil company has already found oil signs in two... Continue Reading →
Ireland Unveils National Plan for Offshore Wind Development
Sept. 12 (offshoreWIND.biz) The Irish government has published the National Designated Maritime Area Plan (DMAP) for Offshore Renewable Energy (ORE) proposal and accompanying Public Participation Statement (PPS), outlining plans to develop and manage offshore renewable resources along Ireland’s coast. According to the government, the proposed National DMAP and PPS accelerate the country’s offshore renewable energy... Continue Reading →
US Interior Secretary: ‘No Future for Offshore Wind Under This Administration’
Sept. 12 (offshoreWIND.biz) US Interior Secretary Doug Burgum said at a press conference on 10 September that offshore wind has no future in the US under the Trump administration and that the government was reviewing five offshore wind projects that are now under construction. Speaking to the press at the Gastech event in Milan, Italy, Burgum said... Continue Reading →
Ocergy’s Floating Platform Selected for Japan’s Offshore Wind Observation Project
Sept. 10 (offshoreWIND.biz) US-based Ocergy has been selected by Kyuden Mirai Energy Corporation as the floater provider for an offshore wind observation project being implemented under Japan’s New Energy and Industrial Technology Development Organization (NEDO) programme. The floating wind project is being developed by Kyuden Mirai Energy, Kobe University, Rera Tech, and Cosmo Eco Power. Ocergy’s... Continue Reading →
Floating Offshore Wind Test Center Planned for Japan
Sept. 10 (Reuters) Japan aims to start planning a national floating wind test centre next year, a senior industry official said, vowing to pursue a path of wind power growth despite a recent setback when Mitsubishi quit three projects. Mitsubishi-led consortia dropped plans last month to build 1.8 gigawatt (GW) in three offshore windmills won... Continue Reading →
Petronas Plans Fourth Well Drilling Op off Suriname for Early 2026
Sept. 10 (Reuters) Malaysia's oil and gas producer Petronas plans to drill a fourth well by the first quarter next year at offshore Block 52 in Suriname, the government and state company Staatsolie said. Petronas, which has discovered gas reserves in the block, its most promising area in the South American country, had said in... Continue Reading →