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June 11 (Reuters) - France's energy ministry said it would open on Friday a long-awaited call for tenders to develop 10 gigawatts of offshore wind projects, mostly located on the country's west coast. Offshore wind projects have faced challenges globally as rising costs and mounting political opposition in some countries, such as from the Trump... Continue Reading →
June 7 - The Rio Grande Shipyard, owned by Ecovix, completed this week the decommissioning of the P-32 platform in its dry dock. The first green dismantling in Brazil was concluded, involving hundreds of workers who worked on the maritime unit, which weighed more than 44,000 tons. Acquired at auction by Gerdau in July 2023,... Continue Reading →
June 3 (Reuters) - Major international renewable energy investors are lining up for Brazil’s first battery auction, announced by the government on Wednesday, boosting hopes that the storage units will obtain the financial resources to purchase power from the country's struggling renewable generators. Solar and wind energy projects have been hit by hundreds of millions... Continue Reading →
My 28 (Reuters) Malaysia's oil and gas producer Petronas is exploring for oil at offshore Block 52 in Suriname, which was declared commercially viable for the development of natural gas late last year following large discoveries in the area, the managing director of state company Staatsolie said on Wednesday. "We hope also to somewhere in... Continue Reading →
May 15 - Petrobras has decided to develop the Aram discovery in the pre-salt layer of the Santos Basin, said Petrobras president Magda Chambriard this Friday (15). The company expects to have at least two producing wells by 2030, said the executive, in a press conference to discuss the company's investments in the state of... Continue Reading →
May 13 - ANP released a new version of the Permanent Concession Offer (PCO) notice. The document was revised to include 45 new exploratory blocks which, added to the areas already foreseen in the previous version, raise the total number of exploratory blocks to 495 and the number of areas with marginal accumulations available for... Continue Reading →
April 13, 2026 - Petróleo Brasileiro S.A. – Petrobras has identified the presence of hydrocarbons in the pre-salt of the Campos Basin, in an exploratory well drilled in Sector SC-AP4 of the Campos Basin, block C-M-477. Well 1-BRSA-1404DC-RJS is located 201 km off the coast of the state of Rio de Janeiro, at a water... Continue Reading →
April 6 (oilnow.gy) Grenada is preparing to invite bids for offshore exploration licenses by the fourth quarter of 2026, as it positions itself for entry into the upstream hydrocarbons sector. “Grenada is open for business and working toward awarding licenses in fourth quarter of 2026, inviting interested parties to submit bids for exploration licenses,” said... Continue Reading →
April 6 (agenciabrasil) The next auction of pre-salt oil exploration blocks will offer 23 areas, the National Agency of Petroleum, Natural Gas and Biofuels (ANP), the sector's regulatory body, announced this Monday (6). The confirmation was made through an update to the Permanent Production Sharing Offer (OPP) notice. Eight blocks were already included in the... Continue Reading →
April 6 (oilprice.com) Oil price shocks since the U.S. and Israel first struck Iran, the world’s fifth-largest oil producer, have global markets on edge. The sudden energy crisis, which emerged after Iran closed the Strait of Hormuz, preventing the passage of around a fifth of the world’s oil supply, emphasizes the importance of petroleum production in... Continue Reading →
Brazil Energy Insight 