IMCA issued diver safety warning as global subsea decommissioning accelerates

May 29 - New guidance aims to reduce diver risk as ageing offshore infrastructure drives increasingly complex dismantlement operations The International Marine Contractors Association (IMCA) has published new industry guidance designed to improve safety during subsea decommissioning and dismantlement projects, warning that ageing offshore infrastructure, incomplete historical records and changing site conditions are creating an... Continue Reading →

May 29, 2026 0

Petrobras strengthens strategic partnership with Lightsource bp in renewable energy in Brazil

Rio de Janeiro, May 20, 2026 –Petróleo Brasileiro S.A. – Petrobras (“Petrobras”), further to its release dated December 16, 2025, announces that it has completed the acquisition of a 49.99% equity interest in Lightsource bp’s subsidiaries in Brazil, establishing a strategic partnership in onshore renewable energy in the country, including energy storage. The partnership is... Continue Reading →

May 21, 2026 0

China activates world’s first offshore wind-powered underwater data center

May 20 (interestingengineering) China’s offshore wind-powered underwater data center, said to be the world’s first of its kind, has entered full commercial operation off the coast of Shanghai’s Lingang Special Area. The $226M project was officially launched in June 2025 through a cooperation agreement signed between the Lingang Special Area administrative committee, Shanghai Lingang Special... Continue Reading →

May 20, 2026 0

Iberdrola’s Neoenergia to invest $10 billion in power distribution in Brazil

May 8 (Reuters) - Neoenergia, the Brazilian unit of Spain's Iberdrola, plans to invest 50 billion reais ($10 billion) in its five power distribution ‌companies by 2030 as it seeks to expand in the sector, CEO Eduardo Capelastegui said. The investment plan, an 82% increase from the previous five-year period, comes alongside the renewal of... Continue Reading →

May 8, 2026 0

DOF to Build Four New Subsea Vessels for Petrobras Work

May 6 - DOF Group has secured four 12-year charter and services contracts in Brazil following a competitive tender process, supporting Petrobras’ deepwater subsea inspection, maintenance and repair operations. The contracts will lead to the construction of four new remotely operated vehicle support vessels (RSVs), with operations expected to begin from 2030, DOF said. The... Continue Reading →

May 6, 2026 0

French Floating Offshore Wind Farm Starts Delivering Electricity

May 5 (offshoreWIND.biz) Ocean Winds (OW), the international offshore wind energy company created by EDP Renewables and ENGIE, has started electricity production at its 30 MW Éoliennes Flottantes du Golfe du Lion (EFGL) floating offshore wind farm. With first power now delivered to the French grid, the project is already supplying renewable energy to homes... Continue Reading →

May 5, 2026 0

Petrobras has been included in the Dow Jones Best-in-Class Index for the second consecutive year

May 4, 2026 – Petróleo Brasileiro S.A. – Petrobras announces that it has qualified for inclusion in the Dow Jones Best-in-Class World Index (DJ BIC) of the S&P Global Corporate Sustainability Assessment (CSA) for the second consecutive year. In this DJ BIC assessment cycle, Petrobras stood out in criteria related to Transparency and Reporting, Community... Continue Reading →

May 5, 2026 0

OceanX Energy: A new chapter on Energy Intelligence is here.

April 14 - OceanX Energy’s entry into the Brazilian market brings advanceddigitalization, data intelligence, and energy management solutions to thecountry’s offshore industry. OceanX Energy is building a future where accurate,real-time data powers every offshore decision; every asset operates atpeak efficiency; and every operation delivers maximum uptime andperformance. In partnership with its local partner in Brazil,... Continue Reading →

April 15, 2026 0

Baker Hughes to sell Waygate unit to Hexagon for about $1.45 billion

April 13 (Reuters) - Baker Hughes said on Monday it will sell its unit, Waygate Technologies, to Sweden-based Hexagon ( for about $1.45 billion in cash, as ‌the oilfield services provider reorganizes its business to focus on high-growth areas. The deal is part of Baker Hughes' efforts to reshape its business by shedding non-core assets and shifting focus... Continue Reading →

April 13, 2026 0

Brazil ethanol sector ready to fill demand from higher blends

April 10 (Reuters) - Brazil's ethanol makers are ready to raise output if the government hikes the legal mix of anhydrous ethanol blended with gasoline from 30% to 32% this year, industry figures said, adding that production is heading towards ‌a record. Brazil's government wants to raise the ethanol blend to 32% in the first... Continue Reading →

April 11, 2026 0

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