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(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 →
(PN) Petrobrás in final preparations to begin operating its newest platform, the FPSO Sepetiba. The unit arrived in Brazil last weekend and is expected to begin production in the Mero field, in the Santos Basin, during the fourth quarter of this year. The FPSO will have the capacity to produce up to 180 thousand barrels... Continue Reading →
(PN) Neoenergia and the Government of Rio Grande do Norte signed a memorandum of understanding to develop studies for the production of offshore wind generation in the coastal region of the state. The agreement also includes mutual cooperation and exchange actions that involve socioeconomic, environmental, technical and regulatory aspects. . The ceremony was attended by... Continue Reading →
(PN) The Minister of Mines and Energy, Alexandre Silveira, said today that the government is working with the National Congress to approve the legal framework for the exploitation of offshore wind energy. The minister highlighted that it is necessary to take advantage of Brazil's great potential in generating energy from this source. “I have worked... Continue Reading →
(PN) Ocean Winds (OW), an international company dedicated to offshore wind energy and created as a 50-50 joint venture in 2020 by EDP Renewables and ENGIE global, and PRUMO LOGÍSTICA, one of the main players in the logistics and infrastructure sector in Brazil, joined forces through a Memorandum of Understanding (MoU) that reinforces the two... Continue Reading →
Brazil Energy Insight 