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(MME) Brazil, represented by the Ministry of Mines and Energy, officially joined the Global Offshore Wind Alliance (GOWA). The commitment was formalized at the GOWA Ministerial Meeting, which took place during COP 28, in Dubai. The European Union, Panama and the United States state of California also joined the Alliance at the same time. Representing... Continue Reading →
The Brazilian Institute of the Environment (Ibama) granted TGS the environmental license for multi-client 3D seismic research activity in the Pará-Maranhão and Foz do Amazonas Basins, in the Equatorial Margin region. The document will be valid for three years and can be renewed. According to Ibama, TGS will be able to carry out the activity... Continue Reading →
(OM) Javier Gremes Cordero has been appointed COO of Maha Energy. Gremes will replace Alan Johnson, who leaves Maha in connection with the closing of Maha’s technical office in Calgary, Canada. All functions previously handled by the Canadian office are being transferred to Maha’s office in Rio de Janeiro, Brazil, or Maha's office that is... Continue Reading →
(Reuters) - Exxon Mobil (XOM.N) CEO Darren Woods' first five years at the oil company were marred by missed oil production targets, an investor rebellion and the company's biggest-ever financial loss. Redemption came this year when - aided by a share price pumped up by high oil prices - he clinched a $60 billion deal to buy shale rival... Continue Reading →
(OET) Brazilian oil and gas player Enauta has brought back on stream another well at a field offshore Brazil while a third well is anticipated to return to production in the next 30 days. After Enauta found issues in the subsea pumping electrical system adopted for the FPSO Petrojarl I, the firm temporarily halted the Atlanta field’s production in July 2023. Following the... Continue Reading →
As part of the commitment to identify, measure and reduce methane emissions linked to their activities, TotalEnergies and Petrobras began a collaboration to carry out an evaluation campaign using drone methane measurement technology on FPSO P-70, dedicated to production from the Atapu field, located in the Santos basin in Brazil. In 2022, TotalEnergies set ambitious... Continue Reading →
(OET) Norway-headquartered seismic company PGS has made progress in its merger with TGS after shareholders of both companies threw their support behind the merger in a bid to establish a stronger and more diversified geophysical company and data provider to the energy value chain. Back in September 2023, TGS and PGS announced their agreement on principal terms... Continue Reading →
The FPSO Pioneiro de Libra (PDL), an asset of the Altera&Ocyan joint venture, has just completed six years of operation, in the same year that the Brazilian Pre-salt celebrates seventeen years of its discovery. Since the first oil, in 2017, the platform ship, responsible for the Long Term Test (TLD) and the Early Production Systems... Continue Reading →
(OP) In Guyana’s territorial waters, after Exxon’s swathe of world-class petroleum discoveries, gigantic ships called floating production storage and offloading (FPSO) vessels are sucking crude oil from reservoirs up to four miles below the Earth’s surface. Since then, it has been estimated the former British colony of just over 800,000 possesses at least 11 billion barrels of recoverable... Continue Reading →
(Bloomberg) -- Brazil’s state-controlled oil explorer is considering opening a Middle East unit as Latin America’s biggest crude producer prepares to join OPEC+’s cooperation charter. Petrobras will begin formal analysis later this month on establishing a subsidiary intended to strengthen commercial ties in the Persian Gulf region, Chief Executive Officer Jean Paul Prates wrote in... Continue Reading →
Brazil Energy Insight 