IMCA issued diver safety warning as global subsea decommissioning accelerates

May 29 - New guidance aims to reduce diver risk as ageing offshore infrastructure drives increasingly complex dismantlement operations The International Marine Contractors Association (IMCA) has published new industry guidance designed to improve safety during subsea decommissioning and dismantlement projects, warning that ageing offshore infrastructure, incomplete historical records and changing site conditions are creating an... Continue Reading →

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French firm, Vallourec, enters deal for bioenergy with CCS projects in Brazil

May 28 (offshore-energt.biz) French tubular solutions provider Vallourec and Syngular Solutions, a Brazilian engineering and consulting company specialized in bioenergy with carbon capture and storage (BECCS) and carbon capture, utilization and storage (CCUS) projects, have signed a memorandum of understanding (MoU) to collaborate on carbon capture and geological storage initiatives in Brazil. The MoU establishes a... Continue Reading →

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TotalEnergies Plans $5.2 Billion Offshore Wind Project in Normandy

May 28 (oilprice.com) TotalEnergies has applied for authorization of France's biggest renewables project, a 1.5-GW offshore wind project off Normandy, which is estimated to cost $5.2 billion, the French supermajor said on Thursday. Eight months after the French government awarded the project to TotalEnergies, the group's wholly-owned project company Centre Manche Energies has officially applied for the... Continue Reading →

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Petrobras announces redemption of 7.375% Global Notes due 2027

Rio de Janeiro, May 28, 2026 – Petróleo Brasileiro S.A. - Petrobras announces that its wholly-owned subsidiary Petrobras Global Finance B.V. (PGF) has delivered notices of redemption to the holders of the outstanding 7.375% Global Notes due 2027. Title of SecurityISINCUSIPCommon CodeAggregate Principal Amount to be Redeemed7.375% Global Notes due 2027US71647NAS8071647NAS8N/AUS$670,009,000 The redemption date for... Continue Reading →

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Offshore wind vessel demand rebounds as global installation activity accelerates

May 27 (splash) Major offshore wind markets in the UK, Europe, and APAC, excluding mainland China, are tightening their policy frameworks to support project execution, creating a more stable backdrop than the US, where regulatory uncertainty continues to weigh on market momentum. According to London-based energy market research firm Westwood, marketed utilisation for wind turbine... Continue Reading →

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