Aug. 18 - Inyanga Marine Energy Group has announced that Martin Murphy has been appointed as Chair of the Board. Following 12 years’ service in the Royal Navy, Martin has forged a career as an experienced CEO and Chartered Engineer. Martin has a strong leadership background in large international corporations and as an entrepreneur, with... Continue Reading →
Saipem Milestone in Guyana Yellowtail Project
Aug. 18 (OE) Saipem reports it has successfully completed its designated scope of work for the development of the Yellowtail field, operated by ExxonMobil Guyana Ltd., located in approximately 1,800m of water within the Stabroek Block offshore Guyana. Awarded the contract in 2022, Saipem undertook the Engineering, Procurement, Construction, and Installation (EPCI) of the Subsea Umbilical, Riser, and Flowline (SURF)... Continue Reading →
Eletrobras partners with C3 AI to modernize Brazil’s power grid
Aug 18 (Reuters) - Brazilian power company Eletrobras has partnered with C3 AI to apply artificial intelligence to help operate the electric power transmission network in Latin America's largest economy, the two companies told Reuters on Monday. Eletrobras, Brazil's largest operator in the segment, will implement the C3 AI Grid Intelligence tool, which focuses on monitoring... Continue Reading →
FPSO Almirante Tamandare breaks production record soon after starting production at the Buzios 7 Field
Aug. 15 (PN) FPSO Almirante Tamandare (Búzios 7 Project) reached yesterday (14) the highest production flow rate per unit in Petrobras' history, three months ahead of schedule, November of this year: 225,000 barrels per day. The FPSO began operations in February in the Buzios field, in the Santos Basin pre-salt layer. The record confirms expectations... Continue Reading →
Bumi Armada-MISC merger falls through
(offshore-energy.biz) Talks about a potential business combination between Malaysia’s Bumi Armada and the offshore segment of the compatriot shipping giant MISC Berhad (MISC), an owner and operator of offshore floating and energy-related maritime solutions and services, have come to nought. A few months ago, Bumi Armada revealed that the due diligence exercise with MISC was... Continue Reading →
Clean Energy Exports From China Are Lowering Carbon Emissions In Other Countries
Aug.14 (cleantechnica.com) A new report by Carbon Brief contains some pretty interesting news. It says China’s exports of clean energy technologies such as solar panels, batteries, and electric vehicles are helping to cut emissions in other countries. In 2024, those exports helped reduce global emissions outside of China by 1% and will avoid some 4 billion tons... Continue Reading →
Brazilian Renewable Energy Institute Setting Up Country’s First Offshore Wind Training and Education Programmes
Aug. 14 (offshoreWIND.biz) Brazil’s Centre for Gas Technologies and Renewable Energies (CTGAS-ER), part of the country’s SENAI Institute for Innovation in Renewable Energy, and the UK-based Ocean Energy Pathway have launched the first joint training programme focused on offshore wind energy in Brazil. Later this month, SENAI will also launch a postgraduate course in offshore... Continue Reading →
€465k grant backs Oceaneering’s floating wind cable qualification projects
(offshore-energy.biz) U.S. subsea engineering and applied technology firm Oceaneering International has secured a £400,000 (around €465,000) grant from Scotland’s economic development agency Scottish Enterprise for a project that aims to add manufacturing capacity for subsea power cables destined for Scottish offshore wind. Oceaneering’s Rosyth umbilical and cable manufacturing facility, which has been operating at the Port of Rosyth... Continue Reading →
Petrobras simulation on the Equatorial Margin for Ibama drilling license scheduled for Aug 24th
Aug.13 (PN) Petrobras appears closer than ever to obtaining the long-awaited environmental license to drill in the promising Foz do Amazonas basin, off the coast of Amapá, within the so-called Equatorial Margin. Technicians from the company and the Brazilian Institute of the Environment and Renewable Natural Resources (IBAMA) this week finalized the details for the... Continue Reading →
Vestas swings to second-quarter profit, keeps outlook
Aug 13 (Reuters) - Danish wind turbine maker Vestas swung to a profit in the second quarter from a loss a year before, maintaining its financial outlook for 2025 on expectations it could overcome the impact of U.S. policy uncertainty. Vestas reported an April-June operating profit before one-off items of 57 million euros ($66.56 million) on... Continue Reading →