Westwood Energy Newsletter – Edition 2

Curated offshore energy news from our DailyLogix desk.

Ten offshore energy stories every fortnight tracking the latest moves across the supply chain – from rigs and production to subsea, marine and renewables.

1. Harbour Energy Issues Bid Invitation for its Zama Field FPSO Offshore Mexico

Harbour Energy has announced an international public bidding process for its Zama field offshore Mexico, inviting national and international companies to participate in a front-end engineering design (FEED) scope with a lease and operate option tender for the floating production, storage and offloading (FPSO). Harbour Energy, acting as Operator of the unit, has requested interested parties to submit Expressions of Interest (EOIs). Harbour Energy indicated that detailed tender information will be shared exclusively with companies that formally register their interest within the specified timeline.

2. Production Resumes at Karoon Energy’s Bauna PRA-2 Well Offshore Brazil

Industry sources have reported that the PRA-2 well on Karoon Energy’s Baúna field offshore Brazil has resumed production following an intervention that restored the umbilical connection and power supply to the field’s electric submersible pump (ESP). Reports stated that, consequently, total field production has reached approximately 22 kbpd of oil, including approximately 8.6 kbpd from the SPS-92 well, which recently resumed production following an intervention. The PRA-2 well reportedly resumed production on 6 July 2026 and is currently undergoing stabilisation, producing between 1 and 1.2 kbpd of oil. Meanwhile, sources further indicated that since the field’s floating production, storage and offloading (FPSO) unit revitalisation campaign, the unit has been operating at the upper end of its operational efficiency target, between 90% and 95%.

3. Turkey Advances Anamur–Teknecik Gas Pipeline Development to Northern Cyprus

Industry sources have reported that the Turkish government’s proposed Anamur–Teknecik gas pipeline between southern Turkey and the Turkish Republic of Northern Cyprus (TRNC) has progressed following the signing of a memorandum of understanding (MoU), confirming plans to construct a 101 km bi-directional natural gas transmission pipeline system, of which approximately 97 km will be offshore, linking Anamur on Turkey’s south coast to the Teknecik power generation hub in Northern Cyprus. The development concept includes the installation of two 22-inch diameter pipelines designed to enable flexible gas flows, with authorities highlighting the project’s strategic objective to secure uninterrupted electricity supply in the TRNC while strengthening energy integration between the two territories. No final investment decision (FID), contractor awards, or definitive project execution timeline have yet been disclosed.

4. OneSubsea Awarded EPC Contract for Baleine Phase III Subsea Production System Offshore Ivory Coast

SLB has announced that the Eni-operated Baleine development offshore the Ivory Coast has awarded its OneSubsea joint venture a major multi-well engineering, procurement and construction (EPC) contract for Phase 3 of the deepwater development. The scope of work covers the delivery of complete subsea production systems (SPS) comprising 13 wells, including subsea trees, umbilicals, manifolds, multiphase flowmeters and control systems, as well as installation, commissioning and life-of-field support. Project execution will be undertaken leveraging SLB OneSubsea’s established in-country presence and local capabilities.

5. Vår Energi Exercises Third COSLPioneer Option, Pushing Availability into 2028

Vår Energi has exercised the third option under its contract for MDW semisub COSLPioneer (2,460’) for operations offshore Norway. Earliest availability of the rig is now January 2028, with additional options to extend the contract further.

6. Harbour Energy Completes Acquisition of Waldorf

Harbour Energy has confirmed that it has now completed the acquisition of substantially all the subsidiaries of Waldorf Energy Partners and Waldorf Production in the UK for $163 million. The final consideration is post customary adjustments and reflects a transaction effective date of 1 January 2025. Conclusion of the transaction followed receipt of all regulatory approvals and full and final settlement of all creditors’ claims against the acquired Waldorf subsidiaries.

7. Petrobras Concludes Acquisition of Block in Sao Tome and Principe

As a follow-up on Petrobras farming into Block 3 off Sao Tome and Principe, Petrobras has now completed the transaction. The ownership consortium is now Petrobras as operator with 75% interest, alongside Oranto with 15% interest, and the National Petroleum Agency of Sao Tome and Principe with 10%.

8. EFGL Floating Wind Farm Reaches Full Operations in France

Ocean Winds has achieved full power at its Éoliennes Flottantes du Golfe du Lion (EFGL) wind farm, located offshore Occitanie, France, marking its transition to full operations. The 30 MW project comprises three 10 MW turbines installed on semi-submersible floaters around 16 km offshore. The facility is expected to produce around 110,000 MWh annually, supplying electricity equivalent to about 50,000 residents over a 20-year period. It represents Ocean Winds’ second floating project globally.

9. Taiwan Revises Round 3.3 Offshore Wind Rules to Revive Stalled Capacity

Taiwan’s Energy Administration (EA) has updated the Round 3.3 Zonal Development framework to reintroduce previously terminated offshore wind projects and broaden bidder participation. The Haixia I, Haixia II and Haiding II wind farm, which have a combined capacity of 1.2 GW, are eligible for rebidding and expansion. Developers may apply to increase capacity by up to 50% of their original awards, subject to limits. The changes follow earlier project failures linked to rising costs and weak corporate power purchase agreement (CPPA) demand, aiming to maximise utilisation of pre-developed sites.

10. Llŷr 1 Floating Offshore Wind Project Approved Off Wales

The Llŷr 1 and 2 floating wind farms, located offshore Wales, UK, have received a marine licence from Natural Resources Wales for Cierco Energy’s 200 MW floating wind scheme in the Celtic Sea. The wind farms, situated around 35km from the Pembrokeshire coast, comprise up to 10 turbines. The application was submitted in late 2024, with a grid connection planned to National Grid’s Pembroke substation from 2028. Commissioning is anticipated in the early 2030s, subject to Contracts for Difference support. Section 36 consent from Welsh ministers remains outstanding.

Prefer your news on LinkedIn? You can subscribe to Westwood Energy News on our LinkedIn Newsletter page here.

This newsletter features a sample of news from DailyLogix, sourced from Westwood’s SubseaLogix, PlatformLogix, RigLogix, MarineLogix and WindLogix market intelligence solutions. For comprehensive daily offshore energy news delivered straight to your inbox, subscribe to one of our solutions today.

All Editions