(PN) After approving the National Energy Transition Policy and other measures related to the green economy, the National Energy Policy Council (CNPE) made its decision and defined the parameters for new pre-salt blocks. In practice, the measure authorizes the Rubi and Granada areas, in the Santos Basin pre-salt, to be auctioned in a future round... Continue Reading →
The Mounting Offshore Oil & Gas Decommissioning Cost
By Andrew Burr, North America Analyst, Welligence Energy Analytics (OE) The safe, timely and cost-efficient decommissioning of offshore infrastructure is one of the big challenges faced by the oil & gas sector. We estimate that the liability currently stands at over $300 billion (real terms), and this will only increase as companies continue to make... Continue Reading →
Brazil’s grid caps power from wind and solar, threatening renewable projects
(Reuters) - Wind and solar energy producers in Brazil have warned they are reconsidering future investments there after the national grid operator repeatedly capped how much energy they could deliver in the past year, which squeezed their profits. Brazil has made big strides encouraging companies to invest in wind, solar and other renewable power generation... Continue Reading →
Subsea contracts awarded by Petrobras show Brazil leading demand in the coming years
(PN) The recent contracts awarded by Petrobras to the SLB Onesubsea group for the supply of subsea equipment for the Sépia and Atupu fields in the Santos Basin, and Roncador in the Campos Basin, signal the importance that Brazil will have for the subsea industry in the coming years. According to a recent analysis published... Continue Reading →
Petrobras informs on remuneration to shareholders
Petrobras informs that its Board of Directors approved, in a meeting held today, the payment of interim and intermediate dividends, as well as interest on equity (JCP), in the amount of R$ 13.57 billion, equivalents to R$ 1.05320017 per outstanding common and preferred share. The proposed distribution is in line with the current Remuneration Policy... Continue Reading →
SLB OneSubsea signs contract with Petrobras to acquire subsea equipment for the Roncador Field
(TN) Petrobras signed a contract to acquire subsea equipment for the Roncador field in the Campos Basin. The contract will generate approximately 500 direct and indirect jobs. The agreement with the SLB OneSubsea group provides for the supply of 2 Subsea Production Manifolds (MSP), 1 Electro-Hydraulic Distribution Unit (UDEH) and spare equipment. The provision of... Continue Reading →
Brazil Senate to debate offshore wind power framework
(epbr) The Federal Senate may finally begin a public debate on the bill that initially created a framework for offshore wind power generation, creating a system for contracting the areas. A public hearing is scheduled to be held in the Infrastructure Committee on Tuesday (8/20), after the meeting that will discuss the Fuel of the... Continue Reading →
New Seismic Survey Begins at Buzios Field
In August, Petrobras obtained an environmental license from Ibama to begin seismic research activities in the Búzios Field, in the Santos Basin. This is the second OBN (Ocean Bottom Nodes) acquisition for the field, and the first for 4D monitoring The goal is to generate high-quality data, with cutting-edge technology, to improve the identification of... Continue Reading →
Contract extension puts DOF high-end subsea vessel to work until May 2028
(offshore-energy.biz) DOF Subsea has secured a contract extension for its high-end subsea vessel that will keep the vessel busy until mid-2028. The new commitment for DOF’s Skandi Africa will run until May 2028 and will commence in direct continuation with the current commitment, which runs until February 2025. According to the company, the high-end subsea vessel... Continue Reading →