Offshore: Venezuela to Cut Oil Output - Venezuela's state-run oil company PDVSA has begun cutting crude production because it is running out of storage capacity due to an ongoing U…
Industry News: Petrobras to Start Production at P-79 Oil Platform in Q2 2026 - Brazilian state-run oil firm Petrobras expects to start production at its P-79 oil platform in the Santos Basin in the second quarter…
Energy: North Sea Oil Supply Edges Lower - North Sea daily oil output in February will be slightly lower than January's plan, dropping by about 0.5%, according to Reuters…
Technology: Petrobras FPSO Initiates Búzios 6 Production - The FPSO P-78 can produce up to 180,000 barrels per day and will increase the gas supply.Petrobras began oil production from…
Energy: China Received LNG Shipments from Sanctioned Russian Projects - China received 22 shipments of liquefied natural gas (LNG) last year from two export projects in Russia sanctioned by the…
Renewables: Offshore Wind: Building the UK’s First Nearshore Artificial Nesting Structures - As offshore wind rises to meet ambitious climate goals, balancing the need for infrastructure with maintaining biodiversity…
Renewables: Tech Feature: Offshore Wind Turbines & Pushing Gear Oil Limits - As demand for wind energy intensifies, turbine reliability and efficiency are paramount. In this context, lubrication plays…
Floating Production: Offshore Rig Outlook: As 2025 Challenges Fade, Path Ahead Brightens - While challenges linger from the 2025 offshore rig market, there are signs it will look brighter from late 2026 onwards.Main…