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Reuters) - Voters in Suriname, which is on the cusp of a predicted oil boom, will go to the polls on Sunday to elect a new parliament, which will later choose the South American country's next president. The contest, marked by fraud allegations, has seen little debate about what the next government, which will hold... Continue Reading →
Full Project Data of Potential FER 2 Bidders Get ahead of the Curve:Have a full list of the potential bidders and their projects | See who the main players are | Learn the assumed technology preferences of the projects | Compare projects on an-apples-to-apples basis | See where their economics differ | Find the potential bid-winners Italy’s FER... Continue Reading →
(offshoreWIND.biz) Galileo Energy and Hope Group have received an Environmental Impact Assessment (EIA) permit from Italy’s Ministry of Environment and Energy Security for the 1.1 GW Barium Bay floating offshore wind project. The joint venture partners said that this is the largest offshore wind farm to have achieved this milestone in Italy and the Mediterranean... Continue Reading →
(offshoreWIND.biz) DNV has awarded the basic design certificate to BW Ideol for its floating wind platform that can support wind turbines with an output of 15 MW and beyond. BW Ideol says this certification marks a key milestone in the company’s industrial roadmap and confirms the technical soundness of the platform, which is designed for... Continue Reading →
(Reuters) - Colombian state-run oil company Ecopetrol said on Tuesday it agreed to buy 10 wind and solar energy project development companies from Norway's Statkraft. Ecopetrol CEO Ricardo Roa said the portfolio of projects could total up to 1.3 gigawatts in capacity, but did not disclose the value of the transaction. Statkraft bought the assets last... Continue Reading →
(Reuters) Brazil's Senate has approved legislation to loosen environmental licensing, despite criticism from climate policy groups and figures inside President Luiz Inacio Lula da Silva's government. The bill, which was approved in the Senate by 54 votes to 13 late on Wednesday, would allow projects considered to have a small or mid-sized impact, such as... Continue Reading →
(offshore-energy.biz) Oslo Stock Exchange-listed semi-submersible accommodation vessel owner and operator Prosafe has shed light on its activity in the first quarter of 2025. Prosafe reported a revenue of $33 million in Q1 2025, which is similar to the $34 million in the same period last year. Earnings before interest, taxes, depreciation, and amortization (EBITDA) amounted to... Continue Reading →
(PN) OneSubsea and Petrobras will jointly develop an integrated umbilical model for subsea control, injection and monitoring, in line with the operator's strategic plan. To this end, the two companies announced the signing of a Memorandum of Understanding. The new solution, which will use proprietary OscilayTM technology, will enable the integration of the service line... Continue Reading →
The Marechal Duque de Caxias platform vessel, installed in the Mero field, in the pre-salt layer of the Santos Basin, reached peak production yesterday, May 19, with 180 thousand barrels of oil per day (bpd). The ramp-up - the period between the first extraction and the moment when the unit reaches its maximum planned capacity... Continue Reading →
Image Credit: Morek Engineering A consortium based in South West England, led by Morek Engineering, has unveiled its innovative design concept for a new vessel class for the Floating Offshore Wind (FLOW) market, having completed the first feasibility stage. Consortium partners include naval architects Solis Marine Engineering, innovation specialists Tope Ocean, marine operations specialists First... Continue Reading →
Brazil Energy Insight 