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 →
Oceaneering Inks $180M Subsea Robotics Contracts with Petrobras
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 →
OWC Wins Green Volt Cable Engineering Contract
Aug. 29 (offshoreWIND.biz) The renewable energy consultancy OWC has been awarded a contract to provide cable engineering support to the Green Volt floating offshore wind farm in Scotland, developed by Flotation Energy and Vårgrønn. OWC’s scope of work includes cable engineering for both offshore and onshore cables. The subsea scope focuses primarily on the export... Continue Reading →
MODEC Partners to Develop Groundbreaking Technology for Clean Energy Generation on FPSOs
AUG. 28 - MODEC, a global leader in the construction, chartering, and operation of floating oil and gas production platforms, has taken another step toward decarbonizing its operations. The company has signed a contract with Norwegian Eld Energy to test a pilot system of solid oxide fuel cells (SOFCs), which generate energy without combustion. One... Continue Reading →
OneSubsea Delivers First Wet Christmas Tree for Búzios 11
Aug.28 (TN) OneSubsea delivered the first wet Christmas tree (WCTN) for Petrobras' Búzios 11 project in a ceremony held at the multinational's factory in Taubaté, São Paulo, fulfilling the contractual deadline established between the parties. The contract with the Brazilian operator, signed in 2023, provides for the supply of 15 WCTNs and electro-hydraulic distribution units,... Continue Reading →
Eco Wave Power Concludes Operational Testing of US Pilot Wave Plant
AUG. 28 (OE) Eco Wave Power has completed operational testing at its U.S. pilot wave energy project at the Port of Los Angeles. The operational testing marked the lowering of its floaters into the water for the very first time. The milestone follows the finalization of all installation works at the project site, including full... Continue Reading →
Exail secures sale of DriX H-9 long-range Uncrewed Surface Vessel to leading Global Hydrographic Authority
28/08/2025 – Exail has secured the sale of its new long-range Uncrewed Surface Vehicle (USV), the DriX H-9, to a leading global hydrographic authority. This milestone marks the successful expansion of Exail’s portfolio of autonomous solutions for both commercial and defense markets, reinforcing its position as a key player in the rapidly growing USV sector.... Continue Reading →
Petrobras completes key test needed for exploration license in Amazon region
Aug 27 (Reuters) - Brazilian state-run oil firm Petrobras on Wednesday concluded an emergency drill in the country's Foz do Amazonas basin, the company and Brazil's environmental agency said, marking one of the final steps needed to secure a controversial exploration license at the mouth of the Amazon river. Petrobras considers the drill, a pre-operational... Continue Reading →
Seatrium Signs FLNG Vessel Upgrade Deal for Golar LNG Argentina Project
Aug. 27 (OE) Seatrium has secured a contract from Golar Hilli Corporation, a subsidiary of Golar LNG, to perform the upgrading of floating liquefied natural gas (FLNG) unit Hilli Episeyo. Scheduled to enter the yard in the third quarter of 2026, the project involves technical modifications for FLNG Hilli Episeyo’s redeployment. The scope of work... Continue Reading →
MOL’s Cargo Vessel to be Jointly Used by Shell and TotalEnergies in Brazil
Aug. 26 (OE) A cargo transfer vessel owned by Mitsui O.S.K. Lines (MOL) will be shared by TotalEnergies EP Brasil, which employs the vessel in its operation since 2020, with Shell Brasil Petróleo for crude oil cargos produced in Brazil. The vessel SeaLoader 1, owned by MOL’s subsidiary SeaLoading Holding, is employed by TotalEnergies for... Continue Reading →