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(OE) American Bureau of Shipping (ABS) has issued an approval in principle to SBM Offshore for its concept of a near zero floating production storage and offloading (FPSO) unit. The NearZero FPSO design incorporates low carbon technologies that collectively create a ‘near zero’ Scope 3 carbon emissions profile, achieving up to 80% reduction in GHG... Continue Reading →
(eixos) Petrobras CEO Magda Chambriard confirmed that the company's Energy Transition and Sustainability Director, Maurício Tolmasquim, is leaving his position. The decision comes after Tolmasquim was appointed to the Board of Directors of Eletrobras by President Luiz Inácio Lula da Silva. Magda Chambriard spoke to the press during her participation in the Offshore Technology Conference... Continue Reading →
(Reuters) - The government of President Luiz Inácio Lula da Silva expects to raise $2 billion in financing for sustainable projects through a new auction to be announced on Monday as part of the Eco Invest Brazil program, focusing on initiatives to recover degraded pastures. According to Brazil Treasury Secretary Rogério Ceron, the country has... Continue Reading →
In late March, efen and Wilson Sons carried out the first HVO (hydrotreated vegetable oil) fuelling operation in Brazil’s maritime sector. The operation was conducted at the Açu Liquid Bulk Terminal (TLA), owned by Vast Infraestrutura. Approved in February by Brazil’s National Agency of Petroleum, Natural Gas and Biofuels (ANP), this is the first HVO... Continue Reading →
(OE) Danish turbine maker Vestas has secured a firm order for 68 of its 15 MW-rated offshore wind turbines for Vattenfall’s Nordlicht 1 offshore wind project. The agreement is for the supply, installation, and commissioning of the turbines V236-15.0 MW. The scope of the contract includes a comprehensive five-year service and warranty agreement followed by... Continue Reading →
(OE) The ABS-classed Liza Unity has become the first FPSO in the world to receive the SUSTAIN-2 notation from ABS. The notation is the next level in the vessel sustainability program developed by ABS to help fleets meet the environmental and human elements requirements contained in the strategic Sustainable Development Goals (SDGs) from the United Nations. Liza Unity was the first... Continue Reading →
(OE) Energy company Saipem’s performance in 2024 confirms, for the third consecutive year, a trajectory of growth and margin recovery for the group, as well as an acceleration in cash flow generation and the strengthening of the company’s balance sheet. Revenue stood at €14.5 billion in 2024, and EBITDA adjusted at €1.3 billion, corresponding to... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras informs that it has signed the following agreements with Banco do Brasil (BB): (i) The contracting of two Export Credit Notes (ECN) with sustainability commitments, one valued at R$ 3.5 billion and the other at R$ 3 billion, both maturing in 2032; (ii) Renewal of a Revolving Credit Facility (RCF)... Continue Reading →
(offshoreWIND.biz) The New York State Energy Research and Development Authority (NYSERDA) is currently conducting consultation with the offshore wind market on the design of the state’s sixth solicitation which could be launched in the first quarter of 2026. The consultation primarily concerns the possibility of procuring “generation-only” projects where the (offshore) grid connections would be... Continue Reading →
Exail is proud to announce the first sale of its DriX O-16, a transoceanic Uncrewed Surface Vessel (USV). Designed for long-range maritime operations, it has been acquired by an Indo-Pacific customer operating in the civil sector. Equipped with advanced sensors, including a full-depth Multibeam Echosounder, the DriX O-16 enables operators to collect precise data for... Continue Reading →
Brazil Energy Insight 