Petróleo Brasileiro S.A. - Petrobras, following up on the releases disclosed on 08/05/2024, 10/03/2024 and 12/05/2024, informs about the Drill Stem Test (DST) in the Sirius-2 well, located in deep waters in Colombia, 31 kilometers off the coats and at a water depth of 804 meters. The DST assessed to approximately 100 meters reservoir interval,... Continue Reading →
Freja Offshore Gets Natura 2000 Permit for 2.5 GW Swedish Floating Wind Farm
(offshoreWIND.biz) Freja Offshore, a joint venture between Hexicon and Mainstream Renewable Power, has been granted a Natura 2000 permit for the Mareld floating offshore wind farm in Sweden by the County Administrative Board of Västra Götaland. The project is planned to be built approximately 40 kilometres west of Lysekil, off the coast of Bohuslän, in... Continue Reading →
Guyana and ExxonMobil to Start Talks Over Tax Dispute
(Reuters) Guyana's Natural Resources ministry has ordered the country's tax agency to begin a dispute resolution with Exxon Mobil over the recovery of some $214 million in expenses registered by the U.S. oil major. Expenses reported by Exxon as part of its operations at the massive Stabroek offshore block are closely monitored because a consortium... Continue Reading →
With 3D reprocessing of asset off Uruguay nearly done, Isle of Man-based firm hoping for 2026 drilling decision
(offshore-energy.biz) Isle of Man-headquartered oil and gas company Challenger Energy Group (CEG) has shared an update on the reprocessing work being carried out for an exploration block off the coast of Uruguay. According to Challenger, the technical work program for the AREA OFF-3 block is progressing well, with the full-depth reprocessing of 1,250 square kilometers... Continue Reading →
Petrobras started drilling a well at the Alto de Cabo Frio block in the Campos Basin
(PN) This week, Petrobras began drilling a well (3-BRSA-1398-RJS) in the Alto de Cabo Frio Central block, in the pre-salt layer of the Campos Basin, in a water depth of 2,276 meters. The activity is being carried out by the West Polaris drillship, according to information available on the website of the National Petroleum Agency... Continue Reading →
Global Offshore Wind to Rebound in 2025, Adding 19 GW of Capacity – Rystad Energy
(offshoreWIND.biz) According to research from Norway-headquartered Rystad Energy, the global offshore wind industry is set for a rebound in 2025, with capacity additions expected to reach 19 GW and sector-wide expenditure projected to hit USD 80 billion (approximately EUR 76 billion). A record wave of lease auctions is driving the resurgence, said Rystad Energy, with... Continue Reading →
PRIO Financial Settlement of the Debentures
PRIO S.A. (“PRIO” or “Company”) (B3: PRIO3) and PRIO Forte S.A. (“Issuer”), in compliance with the terms of the Resolution No. 44, of August 23rd, 2021, as amended, issued by the Brazilian Securities and Exchange Comission (“CVM Resolution 44” and “CVM”, respectively), and Resolution No. 160, of July 13, 2022, as amended, issued by CVM... Continue Reading →
PRIO Drilling License for Wahoo
February 28, 2025 – PRIO S.A. (“Company” or “PRIO”) (B3: PRIO3), following best corporate governance practices, informs its shareholders and the market in general that, today, the Brazilian Institute of the Environment and Natural Renewable Resources (“Ibama”) has granted the drilling license for Wahoo Field. Thus, the Company will immediately begin mobilizing the Hunter Queen rig... Continue Reading →
Colombia obtains 69 areas for the first round of offshore wind energy
(evwind.es) Colombia announced that it managed to obtain 69 areas for the first round of wind energy in the Colombian sea, an initiative led by the Ministry of Mines and Energy, the General Maritime Directorate (DIMAR) and the National Hydrocarbons Agency (ANH). According to the Ministry of Mines and Energy, the deadline established for the... Continue Reading →
All Eyes on EU as It Presents Clean Industrial Deal to Future-Proof Energy Sector
(offshoreWIND.biz) The European Union has unveiled the Clean Industrial Deal, a transformational business plan outlining concrete actions to turn decarbonisation into ‘a driver of growth‘ for European industries by supporting renewable energy sources. Specifically, the plan aims to lower energy prices, create ‘quality’ jobs and the ‘right’ conditions for companies to thrive, accelerating decarbonisation while at... Continue Reading →