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by Gabriel Chiappini (exios.com.br) The review of the incentive policies of the Inflation Reduction Act (IRA) in the United States and the withdrawal of the world's largest economy from the Paris Agreement, under the Donald Trump administration, opens up new opportunities for Brazil to attract investments in green projects, such as wind generation and green... Continue Reading →
(oilnow.gy) SBM Offshore is working to lay the foundation for capacity building and local content development in Suriname as it looks towards delivering the first FPSO for TotalEnergies’ Gran Morgu project, set to begin production in 2028. Pierre Gaté, Country Entry-Manager of SBM Offshore Suriname, said the company is leveraging its early presence to maximize... Continue Reading →
(offshore-energy.biz) A geophysical and geotechnical survey conducted offshore Viana do Castelo by Portugal’s WavEC Offshore Renewables has provided data on the seabed’s characteristics, supporting the development of floating offshore renewable energy projects. The study, carried out within the Technological Free Zone (ZLT), is part of the EU-SCORES initiative and was commissioned by WavEC to Instituto Hidrográfico –... Continue Reading →
(offshore-energy.biz) Brazil’s National Agency of Petroleum, Natural Gas, and Biofuels (ANP) has disclosed the date for the country’s next oil and gas licensing round. The Agency has also presented draft legislation to encourage more exploratory activities and a tool for tracking greenhouse gas (GHG) emissions from oil and gas production activities in the country. Based... Continue Reading →
(OE) SBM Offshore and Petrobras have signed an agreement to study the application of carbon capture modules on floating production, storage, and offloading (FPSO) units. The module design is based on an engineering and design study between SBM Offshore and Mitsubishi Heavy Industries (MHI), qualified by DNV. It is based on a combination of MHI’s... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras informs that it has signed two Protocols of Intent to carry out studies on the reuse of oil and gas production platforms that are in the demobilization stage. In the first agreement, in addition to Petrobras, the National Union of the Shipbuilding and Offshore Repair Industry (SINAVAL) and the Brazilian... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras informs that the FPSO Almirante Tamandaré (Búzios 7) has started production today in the Búzios field, located in the pre- salt layer of the Santos Basin. This is the first high-capacity unit to be installed in the field, with the potential to produce up to 225,000 barrels of oil per... Continue Reading →
Petrobras informs that it has confirmed the presence of oil with the drilling of well 9-BUZ-99D-RJS, located in the western region of the Búzios field. This is a new accumulation in a zone below the main reservoir. The well is located 189 kilometers off the coast of Rio de Janeiro and was drilled at a... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras, following up on the Material Facts/Communications published on 11/07/2024 and 12/10/2024, informs that it will pay on 02/20/2025 the first installment of shareholder remuneration relating to the balance sheet of September 30, 2024, based on the shareholder position of 12/23/2024. This first installment will be paid in the form of... Continue Reading →
(Reuters) New York's utility regulator on Thursday granted a unit of Norwegian energy firm Equinor permission to build and operate transmission facilities for the company's Empire Wind 1 offshore wind farm under construction off the state coast. The transmission line for the project runs about 17.5 miles (28.2 kilometers) from the boundary of New York State... Continue Reading →
Brazil Energy Insight 