Sept. 30 (PN) The Pelotas Basin, located in the Brazilian southern region, may hold approximately 1 trillion cubic meters of recoverable natural gas, according to a preliminary estimate by the Energy Research Office (EPE). The assessment also indicates a volume of approximately 3.4 billion barrels of recoverable oil. In total, the study estimates 17.9 billion... Continue Reading →
Standardization and Industrialization Could Cut Offshore Wind Costs in North Sea by 28% – Study
Sept. 8 (offshoreWIND.biz) Standardizing turbine designs and securing predictable project pipelines could reduce the average lifetime cost of electricity from North Sea offshore wind by up to 28 per cent by 2050 in a high-volume scenario, a study led by DNV has shown. DNV led the joint industry project (JIP) with eight companies across the... Continue Reading →
Singapore and Brazil to establish green and digital shipping corridor
Sept. 1 (marinereport) Singapore and Brazil have inked a deal that will establish their green and digital shipping corridor. In a statement, the Maritime and Port Authority of Singapore (MPA) said the two markets signed the memorandum of understanding to establish the Singapore-Brazil Green and Digital Shipping Corridor (GDSC). The partnership will strengthen cooperation between Singapore and... Continue Reading →
Dutch Project Produces First Green Hydrogen On North Sea Gas Platform
Aug. 11 (Forbes) An innovative pilot project in the Netherlands - focused on energy transition solutions - has reached a milestone moment of producing its first batch of green hydrogen on an active natural gas platform in the North Sea. The project - PosHYdon - led by a consortium of partners with support of the Dutch Ministry... Continue Reading →
How Engineers Are Reinventing the Wind Turbine
Aug. 9 (oilprice.com) To accelerate the global green transition, several energy companies are developing more durable and efficient renewable energy equipment, such as wind turbines and solar panels. This has been hugely successful in recent decades, with the creation of larger, stronger wind turbines and more efficient, resilient solar panels. As companies continue to improve... Continue Reading →
Experimental Floating Axis Wind Turbine Installed Offshore Japan
July 15 (offshoreWIND.biz) The Floating Axis Wind Turbine (FAWT) consortium of six Japanese companies has installed an experimental low-cost next-generation floating wind turbine in the bay of Iki City, Nagasaki Prefecture, Japan. The concept aims to make a fully domestic supply chain of offshore wind possible. The demonstration has started as of July 2026 and... Continue Reading →
Study identifies major oil-generating sweet spot near Suriname’s Block 52
July 13 (oilnow.gy) A new basin modelling study has identified an area near Suriname’s Block 52 as the strongest oil-generating sweet spot along the Guyana-Suriname margin. GeoExpro published the study results on July 9, 2026. The research was conducted by Kenneth Shipper and Paul Mann of the University of Houston’s CBTH Project, along with Andrew Pepper of... Continue Reading →
French firm, Vallourec, enters deal for bioenergy with CCS projects in Brazil
May 28 (offshore-energt.biz) French tubular solutions provider Vallourec and Syngular Solutions, a Brazilian engineering and consulting company specialized in bioenergy with carbon capture and storage (BECCS) and carbon capture, utilization and storage (CCUS) projects, have signed a memorandum of understanding (MoU) to collaborate on carbon capture and geological storage initiatives in Brazil. The MoU establishes a... Continue Reading →
Floating Solar Could Be a Lifeline for Land-Scarce Nations Facing Energy Crises
May 28 (oilprice.com) Floating solar farms could be significantly more efficient than solar farms on land thanks to the natural cooling effects of seawater, according to new findings from a comparative study conducted by researchers from the National Taipei University of Technology (NTUT) in Taiwan. The floating solar panels used in the study produced 12... Continue Reading →
Colombia clears exploratory phase of Ecopetrol-led geothermal project
May 20 (Reuters) - Colombia's environment ministry said on Wednesday it had approved the environmental viability of the exploratory phase of the Nereidas geothermal project, led by state oil company Ecopetrol , Baker Hughes and utility CHEC, in a step that could help open a new source of round-the-clock renewable power in the Andean country. The... Continue Reading →