April 29 (OE) Ocean Winds (OW), a 50-50 joint venture between EDPR and ENGIE, has installed the final turbine at its Îles d’Yeu and Noirmoutier (EMYN) offshore wind farm in France. The installation of the final turbine marks the completion of construction works, as the project transitions into full operational phase.Located off the coast of... Continue Reading →
First Turbine Up at New York’s Second Offshore Wind Farm
April 17 (offshoreWIND.biz) The first wind turbine has been installed at the Sunrise Wind project site offshore New York, Ørsted confirmed to offshoreWIND.biz on 17 April. “As part of ongoing construction at Sunrise Wind, the project has safely and successfully installed its first turbine generator, marking an important step toward delivering first power to New York later... Continue Reading →
Sonardyne Launches Intelligent Subsea Monitoring Tool
March 3 (OE) Underwater technology specialist Sonardyne has launched Observer, a new advanced monitoring system for real-time integrity management of subsea infrastructure across the offshore energy industry. Observer combines high and low frequency motion and position monitoring, powerful in-built analytics and wireless communications to deliver live insight into how subsea assets are truly behaving. This... Continue Reading →
Brava Energia Clarification Regarding News Released in the Media
Dec. 17- BRAVA ENERGIA S.A. pursuant to CVM Resolution No. 44, in response to the news published in the media today by the website pipelinevalor.globo.com, clarifies to its investors and the market in general that: (i) There are no ongoing negotiations with Eneva S.A. regarding the sale of the Company's E&P assets, although portfolio composition... Continue Reading →
Petrobras informs about redemption of global bonds
November 28, 2025 – Petróleo Brasileiro S.A. – Petrobras (“Petrobras”) (NYSE: PBR) announces that its wholly-owned subsidiary Petrobras Global Finance B.V. (“PGF”) has delivered notices of redemption to the holders of the outstanding 8.750% Global Notes due 2026 (the “Notes”). Title of SecurityISINCUSIPCommon CodeAggregate Principal Amount to be Redeemed8.750% Global Notes due 2026US71647NAQ2571647NAQ2N/AUS$ 344,167,000.00 The... Continue Reading →
Eco Atlantic considering heavy-oil development at Jethro; says Exxon Hammerhead FID triggers ‘fresh look’
Oct. 27 (oilnow.gy) Eco Atlantic Oil and Gas is taking a fresh look at its 2019 Jethro-Lobe discovery offshore Guyana, after ExxonMobil’s Hammerhead project proved that heavy oil finds in the basin can be commercially developed. Chief Executive Officer Gil Holzman said in a recent interview that Exxon’s decision to advance Hammerhead has reshaped how Eco views its Orinduik... Continue Reading →
Floatel Lines Up More Work for its Accommodation Rig off Brazil
Oct. 24 (OE) Offshore accommodation rig provider Floatel International has signed a new Letter of Intent for its Floatel Victory vessel. Floatel Victory is set to provide Maintenance and Safety Unit (MSU) services offshore Brazil. The MSU assignment is for six to seven months, with the start of operations scheduled for autumn 2026. Built in... Continue Reading →
Petrobras and PPSA sign equalization agreement for Jubarte pre-salt
Oct. 20 – Petróleo Brasileiro S.A. – Petrobras, following up on the announcement made on July 23, 2025, informs that it has signed the Expenses and Volumes Equalization Agreement (AEGV) with PPSA (Pré-Sal Petróleo S.A.), resulting from the Production Individualization Agreement (AIP) for the Jubarte Pre-Salt Shared Reservoir. The amount owed by Petrobras to PPSA... Continue Reading →
Orsted Plans to Complete Sunrise Wind Project in Second Half of 2027
Oct. 7 (Reuters) Danish offshore wind developer Orsted maintains a plan to complete its offshore Sunrise Wind project in the United States in the second half of 2027, the company's CEO Rasmus Errboe told reporters on Tuesday. Orsted has meanwhile fully resumed work on the 80% complete U.S. Revolution Wind project, after a federal judge... Continue Reading →
BP Makes Largest Oil and Gas Discovery in Decades in the Brazilian Pre-Salt
(OE) BP has made an oil and gas discovery at the Bumerangue prospect in the deepwater offshore Brazil, its largest discovery in 25 years. BP drilled exploration well 1-BP-13-SPS at the Bumerangue block, located in the Santos Basin, 404 kilometers (218 nautical miles) from Rio de Janeiro, in a water depth of 2,372 meters. The... Continue Reading →