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(OE) MODEC has secured the Front-End Engineering and Design (FEED) contract for a floating production storage and offloading (FPSO) system for Shell’s Gato do Mato development, offshore Brazil. Gato do Mato FPSO will be moored at a water depth of approximately 2,000 meters, some 250 kilometers off the coast of Brazil. MODEC will be responsible... Continue Reading →
(epbr) The Porto do Pecém has started studies to identify what investments will be needed in the infrastructure of the port complex to attract investments for offshore wind and green hydrogen projects for Ceará, said the Secretary of State for International Relations, Roseane Medeiros . “Because, obviously, these investments [in renewable projects] are private investments.... Continue Reading →
(epbr) In the opinion of Corio Generation's global CEO, Jonathan Cole, Brazil can learn from the challenges faced by offshore wind farms around the world, which have suffered from cancellations and delays of some projects and the failure of auctions, in countries such as the United States and the United Kingdom. The company hopes to... Continue Reading →
(Zacks)The year 2024 comes as a period of strong growth and significant opportunities in the ever-changing landscape of the oil and gas industry. WTI crude prices have risen above the $80 mark owing to a combination of factors contributing to a tighter global supply. Geopolitical tensions in the Middle East and an escalating conflict between... Continue Reading →
Petrobras has authorized hiring processes for support vessels for exploration and production logistics, with the aim of meeting short-term demand for the years 2025 and 2026. It also approved contracting new support vessels for long-term demands, whose technical specifications will focus on new technological solutions for efficiency and reducing greenhouse gas (GHG) emissions. These opportunities... Continue Reading →
(Reuters) - Commodity trader Trafigura has agreed to pay about $127 million to resolve a probe into bribes paid to Brazilian officials to secure oil contracts, the U.S. Department of Justice and the firm said on Thursday. Trafigura Beheer BV, the parent company of Trafigura Group during the relevant period, has agreed to pay a... Continue Reading →
A protagonist of the energy transition in Brazil, Neoenergia took an important step towards advancing studies into the development of offshore wind energy generation. The company has just installed the floating LiDAR sensor (acronym in English for Light Detection and Ranging) to collect data on wind and sea characteristics in an area on the north... Continue Reading →
(Reuters) Several offshore wind developers bid in a combined Connecticut-Massachusetts-Rhode Island offshore wind solicitation on Wednesday, including units of European energy firms Iberdrola and Orsted. The U.S. offshore wind industry is booming so far this year, with several projects in various stages of development and construction, after a disastrous 2023 of developers cancelling contracts and... Continue Reading →
(offshoreWind.biz) Corio Generation and Brazilian port developer Prumo have signed a Memorandum of Understanding (MoU) to explore using the Port of Açu, north of Rio de Janeiro State, for the deployment of Corio’s future offshore wind projects. Under the agreement, the two companies will explore using the Port of Açu as a strategic base for... Continue Reading →
(offshoreWind.biz) Iberdrola’s renewable energy development arm in Brazil, Neoenergia, has signed a Memorandum of Understanding (MoU) with the government of Rio de Janeiro state to explore the development of offshore wind projects. Under the agreement, Neoenergia and the government of Rio de Janeiro will carry out studies regarding offshore wind generation in the state’s coastal... Continue Reading →
Brazil Energy Insight 