Saipem and Divento sign collaboration agreement for floating wind in Italy

Saipem and Divento, a partnership between Copenhagen Infrastructure Partners (CIP, through the “flagship” fund Copenhagen Infrastructure V), GreenIT, a joint venture between Plenitude (a Company controlled by Eni) and CDP Equity (CDP Group), 7 Seas Wind Power and NiceTechnology, have signed a collaboration agreement involving the application of STAR 1, Saipem's proprietary technology for floating wind, in favour... Continue Reading →

March 6, 2025 0

As US investment declines, China and India are rapidly expanding their presence across Latin America’s key industries.

(gfmag.com) With US investment in Latin America shrinking, China and India are seizing the opportunity to expand their economic reach in the region. The US remains the largest foreign investor, but its stake dropped nearly 10% in 2023 alone, to 38% of the $224.6 billion total, according to the UN Economic Commission for Latin America... Continue Reading →

March 6, 2025 1

Suriname among top oil frontiers, 2.2 billion boe secured since 2020 – Rystad Energy

(oilnow.gy) Suriname is set for a wave of oil and gas exploration, with industry giants Shell, TotalEnergies, and Chevron leading efforts to tap into the country’s promising offshore reserves. Operators plan to drill around 10 wells between 2025 and 2027 in Suriname’s portion of the Guyana-Suriname Basin. A new report from Norway-based Rystad Energy said... Continue Reading →

March 5, 2025 0

Colombia upping regasification ante to tackle looming gas shortage

(offshore-energy.biz) Colombia’s state-owned oil and gas company Ecopetrol has handed out a contract to compatriot Puertos, Inversiones y Obras (PIO) to provide regasification services in the country’s Pacific Coast area. The new infrastructure will entail receipt and storage facilities in Buenaventura and a regasification facility with a 60 million cubic feet per day (mcfd) capacity... Continue Reading →

March 5, 2025 0

Giant Mero Field set new Production Record of 500,000 barrels per day

(PN) The giant Mero field, in the pre-salt layer of the Santos Basin, reached a new historic milestone. Petrobras announced that the field reached the mark of 500,000 barrels of oil produced per day. Discovered in 2010, Mero is located in ultra-deep waters (depth of 2,100 meters), 180 km off the coast of the state... Continue Reading →

March 4, 2025 0

Petrobras started drilling a well at the Alto de Cabo Frio block in the Campos Basin

(PN) This week, Petrobras began drilling a well (3-BRSA-1398-RJS) in the Alto de Cabo Frio Central block, in the pre-salt layer of the Campos Basin, in a water depth of 2,276 meters. The activity is being carried out by the West Polaris drillship, according to information available on the website of the National Petroleum Agency... Continue Reading →

March 4, 2025 0

Global Offshore Wind to Rebound in 2025, Adding 19 GW of Capacity – Rystad Energy

(offshoreWIND.biz) According to research from Norway-headquartered Rystad Energy, the global offshore wind industry is set for a rebound in 2025, with capacity additions expected to reach 19 GW and sector-wide expenditure projected to hit USD 80 billion (approximately EUR 76 billion). A record wave of lease auctions is driving the resurgence, said Rystad Energy, with... Continue Reading →

March 4, 2025 0

Marine tech company Feritech Global appoints new Managing Director

Feritech Global, an advanced engineering company based in Falmouth UK, has appointed a new Managing Director to lead the company in its next stage ofdevelopment. The new Managing Director has been named as Mark Smith, who takes over the role having worked at Feritech since 2021, initially as Purchasing Manager and subsequently as General Manager.... Continue Reading →

March 4, 2025 0

Tampnet fiber optic contract brings remote ops to Mexican deepwater oil project

(offshore-energy.biz) Tampnet, a Norway-headquartered provider of offshore high-capacity and low-latency connectivity services, has secured a fiber optic project and long-term service contract with Woodside Energy that will enable remote operations at an oil project in the Gulf of Mexico/America. The fiber-based connectivity to shore for the Trion project will enable remote operations, safety and training capabilities, which... Continue Reading →

March 4, 2025 0

Yunlin Offshore Wind Farm in Taiwan Becomes Fully Operational

Yunneng Wind Power joint venture partners have inaugurated the Yunlin offshore wind farm in Taiwan, which is now fully operational and generating renewable electricity at its planned capacity of 640 MW. Yunneng Wind Power joint venture consists of TotalEnergies with 29.46% stake, Skyborn Renewables with 31.98%, EGCO Group with 26.56%, and Sojitz with 12%. The... Continue Reading →

March 4, 2025 0

Brazil Energy Insight

Saipem and Divento sign collaboration agreement for floating wind in Italy

As US investment declines, China and India are rapidly expanding their presence across Latin America’s key industries.

Suriname among top oil frontiers, 2.2 billion boe secured since 2020 – Rystad Energy

Colombia upping regasification ante to tackle looming gas shortage

Giant Mero Field set new Production Record of 500,000 barrels per day

Petrobras started drilling a well at the Alto de Cabo Frio block in the Campos Basin

Global Offshore Wind to Rebound in 2025, Adding 19 GW of Capacity – Rystad Energy

Marine tech company Feritech Global appoints new Managing Director

Tampnet fiber optic contract brings remote ops to Mexican deepwater oil project

Yunlin Offshore Wind Farm in Taiwan Becomes Fully Operational

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