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Oct. 21 (offshoreWIND.biz) China’s Mingyang Smart Energy has unveiled plans to develop a massive 50 MW floating offshore wind turbine featuring a twin-head design similar to the company’s Ocean-X platform. The capacity of the world’s largest floating wind turbine would be nearly double that of the largest design currently available, according to Bloomberg. The wind turbine... Continue Reading →
Oct 21 (Reuters) - Portugal's Galp is in advanced talks with several oil majors to sell a 40% stake in its promising offshore Mopane field in Namibia and expects to choose a partner by the end of the year, Executive Board Member Nuno Bastos said on Tuesday. The Mopane field has estimated reserves of at least 10 billion... Continue Reading →
Oct 21 (Reuters) - Halliburton beats Wall Street estimates for third-quarter profit estimates on Tuesday, supported by steady North American oilfield activity and equipment demand, and said its cost-cutting measures are expected to save $400 million annually. The company's shares rose 5.4% in premarket trading, also aided by a partnership with VoltaGrid to provide distributed power... Continue Reading →
Oct. 21 - BRAVA ENERGIA S.A. (“BRAVA” or “Company”) (B3: BRAV3), pursuant to CVM Resolution No. 44, hereby informs its investors and the market in general that the Board of Directors approved, at a meeting held on October 20, 2025, adjustments to the organizational structure, with the aim of simplify and optimize processes, strength corporate... Continue Reading →
Oct. 21 - SMST has secured a new contract from Norwegian shipbuilder VARD for the delivery of two sets of mission equipment to be installed on an additional two of North Star’s newbuild Service Operation Vessels (SOVs). These vessels are part of a long-term charter agreement between shipowner and operator North Star and energy company... Continue Reading →
Oct. 20 – Petróleo Brasileiro S.A. – Petrobras, following up on the announcement made on July 23, 2025, informs that it has signed the Expenses and Volumes Equalization Agreement (AEGV) with PPSA (Pré-Sal Petróleo S.A.), resulting from the Production Individualization Agreement (AIP) for the Jubarte Pre-Salt Shared Reservoir. The amount owed by Petrobras to PPSA... Continue Reading →
Oct. 21 (OE) A consortium of offshore energy companies including TotalEnergies, Equinor, Aker BP, DeepOcean, Tenaris, and LS Cable & System has launched a joint industry project to commercialize a new subsea flowline heating technology designed to cut costs and carbon emissions related to deepwater oil and gas subsea tie-back projects. The system, named FlowHeat,... Continue Reading →
Oct. 20 – Petróleo Brasileiro S.A. – Petrobras informs that it received today the environmental license from Ibama to drill an exploratory well in block FZA-M-059, located in deep waters off Amapá, 500 km from the mouth of the Amazon River and 175 km from the coast, on the Brazilian Equatorial Margin. The drill rig... Continue Reading →
Oct. 17 (offshoreWIND.biz) Iberdrola has begun exploring the sale of 49 per cent of its East Anglia Two offshore wind farm project in the UK, according to a report by the Spanish media outlet Cinco Días citing unnamed sources. The renewable energy developer has already engaged Bank of America and BBVA as financial advisors to assist with... Continue Reading →
Oct. 17 (offshoreWIND.biz) The Canada-Nova Scotia Offshore Energy Regulator (CNSOER) has issued a Call for Information and opened a pre-qualification window for the first offshore wind auction to be launched in the country. Announced on 16 October, the invitations to the industry follow the CNSOER receiving a joint strategic direction from the governments of Canada... Continue Reading →
Brazil Energy Insight 