Petrobras (PBR) Puts Off the Barracuda-Caratinga FPSO Tender

(Zack's) Petrobras PBR, the state-controlled oil company in Brazil, has once again delayed the bid submission deadline for chartering a floating production, storage and offloading (FPSO) vessel aimed at revitalizing operations in the Barracuda-Caratinga field within the Campos Basin. This recurring postponement reflects PBR's ongoing challenges in garnering sufficient interest from floater companies for its bidding... Continue Reading →

Saipem Starts Work at French Offshore Wind Project

(Reuters) Italy's Saipem has started work at the Courseulles-sur-Mer offshore wind project in Normandy, the energy group's CEO Alessandro Puliti said on Monday, adding that the wind farm should be completed in 2025. Some big offshore wind projects around the world have recently been cancelled or delayed due to cost increases, and financial analysts were... Continue Reading →

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