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Sept. 4 (OE) French seismic firm Viridien, in collaboration with joint venture partner TGS, has started the Megabar Extension Phase I survey in the Barreirinhas Basin offshore Northern Brazil. The 5,300 sq km multi-client 3D seismic survey will be acquired by TGS and imaged by Viridien and builds on Viridien’s existing Megabar survey coverage. The... Continue Reading →
Emeryville, CA, September 3, 2025 – Principle Power announces that floating offshore wind projects using the WindFloat® technology have produced more than 1 terawatt-hour (TWh) energy since WindFloat 1 was connected to the grid in 2011. This milestone demonstrates the maturity of the WindFloat® designs, and the readiness of the company’s 4th generation designs for... Continue Reading →
Sept. 3 (Reuters) Mexican state oil company Pemex signed its first mixed contracts with private sector partners in a bid to reverse declining hydrocarbon production, according to President Claudia Sheinbaum's government report delivered to Congress. The 11 deals, signed under a new contractual framework stemming from the latest energy sector reform, mark the initial phase... Continue Reading →
Sept. 3 (OE) Engineers in the U.K. and Brazil have developed a tentacle-like underwater robot that could change how subsea pipelines and offshore structures are inspected, offering a safer and more precise alternative to conventional rigid systems. The one-meter-long flexible manipulator, created by the U.K.’s National Robotarium and Brazil’s Senai Cimatec, features a soft, bendy... Continue Reading →
Sept. 2 (OE) Global Energy Consultancy ABL Group has appointed Hege Marie Norheim as the new chief executive officer (CEO), succeeding Reuben Segal, who will take on the role as Chief Growth Officer (CGO). Norheim is a seasoned industry professional with 30 years’ experience from senior leadership roles. She has extensive experience in oil and... Continue Reading →
Sept. 2 (OE) Altera Infrastructure has entered into an agreement to sell its entire floating production, storage and offloading (FPSO) business to global investment firm Carlyle. The acquired business includes Altera’s full FPSO portfolio, the floating storage and offloading (FSO) unit Yamoussoukro and the 50% ownership in the joint venture Altera&Ocyan. The portfolio includes the... Continue Reading →
Sept. 2 (OE) TechnipFMC has secured two subsea contracts from Brazil’s state-controlled oil company Petrobras to supply flexible pipe systems for projects in the Santos and Campos basins. The first award, classed by TechnipFMC as ‘substantial’ and valued between $250 million and $500 million, covers the design, engineering and manufacture of flexible gas injection risers.... Continue Reading →
Sept. 2 (OE) Fugro has signed two three-year contracts with offshore energy services company Constellation to support deepwater exploration activities in Campos Basin and the emerging Equatorial Margin, two of Brazil’s most strategically important regions. Fugro’s work will involve deploying advanced remotely operated vehicles (ROVs) aboard Constellation-managed vessels to carry out subsea equipment inspections, interventions... Continue Reading →
Aug. 29 (Reuters) -Brazil plans to announce a tax incentive plan in early September aimed at attracting foreign tech companies to build data centers in the country, two economic policy officials told Reuters. The sources, who requested anonymity to discuss the confidential plans, said the "Redata" program is designed to build goodwill with big tech... Continue Reading →
Sept. 1 (OE) U.S.-based subsea services and technology firm Oceaneering International has through its Brazilian subsidiary Marine Production Systems do Brasil (MPS) secured multiple subsea robotics contracts from Petrobras. The contracts were awarded during the second quarter of 2025, following a competitive tender. The anticipated aggregate revenue of the contracts is approximately $180 million. Oceaneering... Continue Reading →
Brazil Energy Insight 