J-Power Joins Spanish Floating Wind Demo

(offshoreWIND.biz) Japan’s Electric Power Development, also known as J-Power, has joined the WHEEL floating offshore wind demonstration project in Spain. The WHEEL demonstration project is led by the Madrid-headquartered company Esteyco. WHEEL will feature one turbine installed three kilometres off the eastern coast of Gran Canaria, Spain. Through this project, J-Power aims to acquire knowledge... Continue Reading →

Petrobras informs about Incentivized Debentures

Petróleo Brasileiro S.A. – Petrobras, following up on the Material Facts disclosed on May 28 and May 30, 2025, announces that it has concluded the bookbuilding process for the 8th (eighth) issuance of simple debentures, not convertible into shares, unsecured, in the total amount of R$ 3,000,000,000.00 (three billion reais) (“Debenture Issuance”), which will be... Continue Reading →

Prio Aims to Double Oil Output in 2026

(Reuters) Brazilian oil company Prio expects to double its daily output next year when compared with 2024 levels, driven by the development of some key offshore fields, CEO Roberto Monteiro said on Monday. Prio forecasts production to exceed 200,000 barrels per day (bpd) next year, Monteiro told an event marking the company's 10th anniversary, up... Continue Reading →

Wilson Sons starts operations powered by 100% renewable energy at the Rio Offshore Support Base, expecting to avoid the emission of 22 tons of CO₂ equivalent (tCO₂e) per year

Recognized for its extensive experience of over 187 years, Wilson Sons has begun operating with 100% renewable energy, primarily from wind and solar generation, at its Rio Offshore Support Base in Guanabara Bay over the past month. The Rio Base, which provides logistical support to offshore energy companies operating in the Campos and Santos Basins,... Continue Reading →

Iberdrola Names New CEO

(OE) Spanish electric utility firm Iberdrola has appointed Pedro Azagra as its new chief executive officer (CEO). Before the new appointment, Azagra held the position of CEO of Ibredrola’s subsidiary in the United States. He will be replacing Armando Martínez. Azagra has been with Iberdrola for 25 years, first as Executive Director of Development with... Continue Reading →

US Warns UK Over Mingyang’s Proposed Wind Turbine Factory, Chinese Analyst Says National Security Concerns ‘Guise for Protectionism’ – Reports

(offshoreWIND.biz) The Trump administration has warned the UK government about security risks as Mingyang Smart Energy plans to build a factory in Scotland to manufacture wind turbines for North Sea offshore wind farms, according to a report by the Financial Times, citing a US official. A Chinese analyst has commented on the news, saying the... Continue Reading →

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