TGS and Petrobras launch advanced imaging centers in Brazil to boost offshore energy exploration

(offshore-energy.biz) Norway-based energy data and intelligence company TGS has launched advanced imaging centers in collaboration with Brazilian state-owned energy giant Petrobras to improve subsurface data interpretation for the Campos and Santos basins offshore Brazil. TGS noted that these centers, based at Petrobras’ Rio de Janeiro offices, will focus on ocean bottom nodes (OBNs) and 4D... Continue Reading →

January 23, 2025 0

Brazil’s first power auction for batteries could lead to $450 million in investments

(Reuters) - Brazil's first-ever auction to add batteries and storage systems to its national power grid, scheduled for later this year, is seen generating $450 million in investments, according to an estimate by consultancy firm Oliver Wyman. WHY IT'S IMPORTANT The batteries would be able to store energy from wind and solar power, renewable sources... Continue Reading →

January 23, 2025 0

Petrobras announces extension of FPSO Cidade de Angra dos Reis production in the Tupi field

Petróleo Brasileiro S.A. – Petrobras announces that, on behalf of the Tupi field consortium, the company has signed amendments to the Charter and Service Agreements for the FPSO Cidade de Angra dos Reis (located in the Tupi field) with Tupi Pilot MV 22 B.V. and Modec Serviços de Petróleo do Brasil Ltda., extending the charter... Continue Reading →

January 22, 2025 0

Azevedo & Travassos signs a R$298 million contract with Petrobras

(PN) Azevedo & Travassos announced the signing of a service provision contract with Petrobras through its wholly-owned subsidiary Heftos Óleo e Gás Construções S.A. . The scope of the agreement includes the provision of integrated industrial maintenance activities on oil platforms located in the Campos Basin. The contract, signed under a unit price contract regime,... Continue Reading →

January 21, 2025 0

Oil output, exports drove Guyana economy’s growth of 43.6% in 2024

(Reuters) - Guyana's economy achieved its fifth consecutive year of double-digit growth in 2024, expanding 43.6% as oil output and exports showed solid increases, the Finance minister said on Friday, but the expansion is expected to slow this year. Latin America's newest oil producer last year became the region's fifth-largest crude exporter after Brazil, Mexico,... Continue Reading →

January 20, 2025 0

Tracerco Lands TechnipFMC’s Contract for Mero Field’s Subsea Equipment

(OE) Industrial technology company Tracerco has secured a contract from Technip to deliver its measurement and control solutions profiler for the multi-phase subsea separation work on Petrobras’ Mero 3 High Pressure Separator (HISEP) pilot project in the Brazilian pre-salt oil region. Tracerco will supply its Tracerco Profiler instrument, which has been redesigned to deliver critical... Continue Reading →

January 20, 2025 0

Global OTEC and UFRJ sign collaboration to advance ocean energy in Brazil

Brazil, a global leader in renewable energy with a significant potential for Ocean Thermal Energy Conversion (OTEC), is taking a major step forward in this sector. The Instituto Alberto Luiz Coimbra de Pós-Graduação e Pesquisa de Engenharia (COPPE/UFRJ) has just signed a Memorandum of Understanding (MoU) with UK-based Global OTEC, marking the beginning of a... Continue Reading →

January 20, 2025 0

Brazil’s onshore wind power sector slows in 2024, growth to resume in 2027

(Reuters) - Brazil's wind power sector lost steam in 2024, local association ABEEolica said on Friday, noting that it expects continued downward pressure before growth resumes in 2027. WHY IT'S IMPORTANT Renewable power supply surged in Brazil in recent years on hefty government incentives and subsidies, but demand did not expand as quickly and the... Continue Reading →

January 17, 2025 0

Creditors take control of the Seacrest oil company

As of Jan. 17, 2025 creditors take control of Norwegian owned Seacrest Oil company. The company is in default with banks and with Petrobras, from which it acquired the onshore North Capixaba and Cricaré Clusters. After successive negotiations, creditors decided to manage the company and are now looking for an operator for the assets Seacrest... Continue Reading →

January 17, 2025 0

Petrobras sets new production records at refineries

Petróleo Brasileiro S.A. – Petrobras announces that its gasoline and S-10 (low sulfur) diesel production surpassed historical records from previous years in 2024. The total volume of gasoline produced reached 24.4 billion liters, exceeding the previous record of 2014 (24.2 billion liters). Meanwhile, S-10 diesel production last year broke the previous record from 2023, reaching... Continue Reading →

January 17, 2025 0

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Category: Brazil

TGS and Petrobras launch advanced imaging centers in Brazil to boost offshore energy exploration

Brazil’s first power auction for batteries could lead to $450 million in investments

Petrobras announces extension of FPSO Cidade de Angra dos Reis production in the Tupi field

Azevedo & Travassos signs a R$298 million contract with Petrobras

Oil output, exports drove Guyana economy’s growth of 43.6% in 2024

Tracerco Lands TechnipFMC’s Contract for Mero Field’s Subsea Equipment

Global OTEC and UFRJ sign collaboration to advance ocean energy in Brazil

Brazil’s onshore wind power sector slows in 2024, growth to resume in 2027

Creditors take control of the Seacrest oil company

Petrobras sets new production records at refineries

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