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(PN) Azevedo & Travassos announced the signing of a service provision contract with Petrobras through its wholly-owned subsidiary Heftos Óleo e Gás Construções S.A. . The scope of the agreement includes the provision of integrated industrial maintenance activities on oil platforms located in the Campos Basin. The contract, signed under a unit price contract regime,... Continue Reading →
(Reuters) President Donald Trump once again withdrew the United States from the Paris climate deal on Monday, removing the world's biggest historic emitter from global efforts to fight climate change for the second time in a decade. The move places the United States alongside Iran, Libya and Yemen as the only countries in the world... Continue Reading →
(offshoreWIND.biz) Chinese state-owned CRRC has installed what the company claims to be the world’s largest floating offshore wind turbine in the Shandong Province. On 11 January, the company installed the 20 MW Qihang floating offshore wind turbine prototype at the Dongying wind power testing and certification innovation base in Shandong. CRRC said this marks an... Continue Reading →
(offshoreWIND.biz) According to a report released earlier this month, the US offshore wind supply chain spans 40 states as of December 2024, with 1,932 supplier contracts signed for offshore wind and offshore wind-related projects. The report, Offshore Energy at Work, issued by the US offshore renewable energy industry organisation, Oceantic Network on 15 January, shows that... Continue Reading →
(Reuters) - Guyana's economy achieved its fifth consecutive year of double-digit growth in 2024, expanding 43.6% as oil output and exports showed solid increases, the Finance minister said on Friday, but the expansion is expected to slow this year. Latin America's newest oil producer last year became the region's fifth-largest crude exporter after Brazil, Mexico,... Continue Reading →
(OE) Industrial technology company Tracerco has secured a contract from Technip to deliver its measurement and control solutions profiler for the multi-phase subsea separation work on Petrobras’ Mero 3 High Pressure Separator (HISEP) pilot project in the Brazilian pre-salt oil region. Tracerco will supply its Tracerco Profiler instrument, which has been redesigned to deliver critical... Continue Reading →
Brazil, a global leader in renewable energy with a significant potential for Ocean Thermal Energy Conversion (OTEC), is taking a major step forward in this sector. The Instituto Alberto Luiz Coimbra de Pós-Graduação e Pesquisa de Engenharia (COPPE/UFRJ) has just signed a Memorandum of Understanding (MoU) with UK-based Global OTEC, marking the beginning of a... Continue Reading →
(Reuters) - Brazil's wind power sector lost steam in 2024, local association ABEEolica said on Friday, noting that it expects continued downward pressure before growth resumes in 2027. WHY IT'S IMPORTANT Renewable power supply surged in Brazil in recent years on hefty government incentives and subsidies, but demand did not expand as quickly and the... Continue Reading →
The Bureau of Ocean Energy Management (BOEM) today announced its approval of the Construction and Operations Plan for the SouthCoast Wind Project. This is the final approval needed for the project from BOEM following the Department of the Interior’s December 2024 Record of Decision. “We are proud to announce BOEM’s final approval of the... Continue Reading →
(Reuters) - Portugal's government said on Friday it was keen to create a cluster of wind farms off its Atlantic Ocean coast that could eventually reach a total capacity of around 10 gigawatts (GW). Lisbon last week approved four areas in the ocean where offshore wind farms can be installed, moving a step closer to... Continue Reading →
Brazil Energy Insight 