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AUG. 28 - MODEC, a global leader in the construction, chartering, and operation of floating oil and gas production platforms, has taken another step toward decarbonizing its operations. The company has signed a contract with Norwegian Eld Energy to test a pilot system of solid oxide fuel cells (SOFCs), which generate energy without combustion. One... Continue Reading →
Aug.28 (TN) OneSubsea delivered the first wet Christmas tree (WCTN) for Petrobras' Búzios 11 project in a ceremony held at the multinational's factory in Taubaté, São Paulo, fulfilling the contractual deadline established between the parties. The contract with the Brazilian operator, signed in 2023, provides for the supply of 15 WCTNs and electro-hydraulic distribution units,... Continue Reading →
AUG. 28 (OE) Eco Wave Power has completed operational testing at its U.S. pilot wave energy project at the Port of Los Angeles. The operational testing marked the lowering of its floaters into the water for the very first time. The milestone follows the finalization of all installation works at the project site, including full... Continue Reading →
Aug. 28 (PN) Karoon announced to the market that it intends to invest between US$55 million and US$65 million in 2026 in a revitalization campaign for the FPSO Cidade de Itajaí, used in the Baúna field in the Santos Basin. Additionally, the company estimates spending approximately US$80 million to US$90 million between 2030 and 2034,... Continue Reading →
Aug. 28 (Reuters) Singapore's Keppel has initiated arbitration proceedings against local shipbuilder Seatrium for a S$68.4 million ($53.33 million) claim related to a corruption crackdown in Brazil, the companies said on Tuesday. In 2023, Seatrium had made provisions worth S$82.4 million to pay Keppel against claims related to the crackdown, named Operation Car Wash. Seatrium... Continue Reading →
28/08/2025 – Exail has secured the sale of its new long-range Uncrewed Surface Vehicle (USV), the DriX H-9, to a leading global hydrographic authority. This milestone marks the successful expansion of Exail’s portfolio of autonomous solutions for both commercial and defense markets, reinforcing its position as a key player in the rapidly growing USV sector.... Continue Reading →
Aug. 27, 2025 – Petróleo Brasileiro S.A. – Petrobras informs that it has received a letter from the Ministry of Mines and Energy appointing Mr. Marcelo Weick Pogliese to the position of member of the Company’s Board of Directors, to fill the position previously held by Mr. Pietro Adamo Sampaio Mendes. The nomination will be... Continue Reading →
Aug 27 (Reuters) - Brazilian state-run oil firm Petrobras on Wednesday concluded an emergency drill in the country's Foz do Amazonas basin, the company and Brazil's environmental agency said, marking one of the final steps needed to secure a controversial exploration license at the mouth of the Amazon river. Petrobras considers the drill, a pre-operational... Continue Reading →
Aug.t 26 (Reuters) U.S. President Donald Trump has used his second term in the White House to stymie development of wind and solar energy facilities that were a cornerstone of former President Joe Biden's climate and energy agendas. Here is a timeline of actions his administration has taken to unravel federal support for clean energy... Continue Reading →
Aug. 27 (OE) Seatrium has secured a contract from Golar Hilli Corporation, a subsidiary of Golar LNG, to perform the upgrading of floating liquefied natural gas (FLNG) unit Hilli Episeyo. Scheduled to enter the yard in the third quarter of 2026, the project involves technical modifications for FLNG Hilli Episeyo’s redeployment. The scope of work... Continue Reading →
Brazil Energy Insight 