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(TN) ANP released the Monthly Bulletin of Oil and Natural Gas Production for August 2024, which brings consolidated data on national production. Total Brazil production (oil + natural gas) was 4.345 million barrels of oil equivalent per day (boe/d). With regard to oil, 3.340 million barrels per day (bbl/d) were extracted, an increase of 3.4%... Continue Reading →
(Reuters) - Brazilian energy company Eneva (ENEV3.SA), opens new tab launched on Tuesday a share offer to raise around 4.2 billion reais ($774 million), as flagged in July, to help fund power generation projects, natural gas exploration and possible M&A activity. Eneva, one of the largest investors in Brazil's natural gas sector, will first offer some 228.6... Continue Reading →
The 440km repeaterless trunk-and-branch system will link 12 oil and gas production platforms with two cable landing stations in Brazil’s Anchieta, Espirito Santo and Barra do Furado, Rio de Janeiro. Pioneer Consulting, the full-service submarine fiber optic telecommunications consulting and project management company, has been contracted by Blue Marine, leader of the Blue Marine Consortium,... Continue Reading →
(Reuters) Australia's Macquarie has engaged advisors for a potential sale of its subsidiary Corio Generation, one of the world's largest offshore-wind developers, two sources with knowledge of the matter said on Tuesday. Corio oversees a 30-gigawatt pipeline of offshore wind projects spanning Europe, Asia-Pacific, and the Americas. It includes 5 GW of projects across the... Continue Reading →
(Reuters) - Brazilian miner Vale and Green Energy Park have agreed to team up to explore opportunities for green hydrogen production in the South American country, the mining giant said on Tuesday. WHY IT'S IMPORTANT Brazil has been looking to develop a green hydrogen industry as part of efforts to unlock new sectors to power its... Continue Reading →
(oilnow.gy) Over 50 people from TechnipFMC’s Brazil team completed the load out of six manifolds for ExxonMobil’s fourth Stabroek Block development – Yellowtail. According to TechnipFMC, it was the team’s largest ever, resulting from “teamwork, collaboration, and safety.” The Yellowtail Development includes six drill centers and up to 67 wells, with 26 for production and 25 for... Continue Reading →
A leader in offshore drilling in Brazil, Foresea concluded a series of five lectures at ROG.e, one of the largest global energy events held this week in Rio de Janeiro. Among the cases and innovations presented was a project that effectively contributes to the sustainable development of the oil and gas sector. Titled “Digital Sustainability,”... Continue Reading →
(offshore-energy.biz) France’s tubular solutions provider Vallourec has signed what is described to be a “significant” contract with Brazil’s state-owned energy giant Petrobras for the supply of oil country tubular goods (OCTG) and accessories for the development of Sepia 2 and Atapu 2 projects in the Santos Basin offshore Brazil. According to Vallolurec, the deal includes the delivery... Continue Reading →
(Reuters) Brazilian oil giant Petrobras is set to reopen a closed oil well in its large offshore Roncador field in a bid to quickly obtain natural gas, the company's chief said on Thursday. The well, located off the Brazilian coast northeast of Rio de Janeiro, could start producing as early as next year and would... Continue Reading →
September 27, 2024 - PRIO S.A. hereby informs its shareholders and the market in general that it has signed today a Sale and Purchase Agreement with SPEP Energy Hong Kong Limited and Sinochem International Oil (Hong Kong) Company Limited (“Sinochem”) for the acquisition of Sinochem Petroleum Netherlands Coöperatief U.A., which indirectly holds a 40% interest in... Continue Reading →
