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Petróleo Brasileiro S.A. – Petrobras, following up on the release disclosed to the market on 09/13/2023, informs that the request to start the environmental licensing process for ten areas in the Brazilian sea for the development of offshore wind energy projects aims to assess the technical-economic and environmental viability of areas with strong potential for... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras informs that on Thursday (September 14) it signed a non-binding memorandum of understanding with TotalEnergies and Casa dos Ventos to evaluate renewable energy projects in Brazil. The aim is to develop joint studies to study business opportunities in onshore wind, offshore wind, solar and low-carbon hydrogen in the country, using... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras, regarding the pieces of news published in the media, informs that, as disclosed to the market on 06/29/2023, the company decided to continue with the implementation of Train 2 of the Abreu e Lima Refinery - RNEST, after a decision based on a careful reassessment of the RNEST Project which,... Continue Reading →
(PN) The company announced the signing of an agreement to develop basic engineering projects for new Petrobras FPSOs. The contract will last 31 months, with services estimated at R$57 million. “We are very excited about this new major contract with Petrobrás, which is a global reference client in the oil and gas market, in which... Continue Reading →
(OET) Brazilian state-owned oil and gas giant Petrobras has notched new emissions reduction milestones, thanks to two of its giant fields in the pre-salt of the Santos Basin recording emissions below the world average last year while its carbon capture utilisation and storage (CCUS) efforts paid off, enabling it to get ranked as the largest in... Continue Reading →
(OE) Offshore drilling company Transocean said Thursday it had secured a three-year contract for the newbuild ultra-deepwater drillship Deepwater Aquila with "a national oil company" for work offshore Brazil. The contract is expected to start in the third quarter of 2024 and represents about $486 million in firm backlog, excluding a mobilization fee of approximately 90 times... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras informs that it has submitted a request with Ibama to start the environmental licensing process for ten areas in the Brazilian sea intended for the development of offshore wind energy projects. Of this total, seven areas are in the Northeast (three in Rio Grande do Norte, three in Ceará and... Continue Reading →
(Reuters) - Shell (SHEL.L) plans to increase its oil production by 5,000 barrels per day (bpd) in Argentina's Vaca Muerta shale formation to 50,000 bpd by the end of the year despite limitations on investment, its chief executive said on Tuesday. Ricardo Rodriguez, Shell's CEO in Argentina, said at an oil and gas conference in Buenos Aires... Continue Reading →
(Reuters) - Brazil's state-run oil company Petrobras (PETR4.SA) will present on Wednesday new initiatives aiming to make the company the country's biggest developer of wind energy. Chief Executive Jean Paul Prates and Mauricio Tolmasquim, Petrobras' head of energy transition and sustainability, will present the initiatives, the company said in a statement on Tuesday. Tolmasquim told reporters earlier... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras informs that it has signed a strategic partnership with WEG, a global Brazilian electronics equipment company, for the joint development of a 7 megawatt (MW) onshore wind turbine, the first of this size to be manufactured in Brazil. This project represents an important milestone for Petrobras, as it will increase... Continue Reading →
Brazil Energy Insight 