(GLOBE NEWSWIRE) -- Baker Hughes (NASDAQ: BKR), an energy technology company, announced Wednesday it has been awarded a significant order, to be booked in the second quarter of 2023, by MODEC to supply gas technology equipment for the BM-C-33 project in the Brazilian pre-salt Campos area. The project is developed by Equinor with partners Repsol Sinopec Brasil... Continue Reading →
C-Kore secures Brazilian subsea construction contract with TechnicFMC
C-Kore Systems recently delivered its automated subsea testing tools for a large subsea construction campaign in Brazilian waters. The C-Kore tools will be used to perform the subsea electrical verification of new umbilicals after installation. C-Kore says its subsea testing tools are used by operators and installation contractors on both installation campaigns and fault-finding operations.... Continue Reading →
Enauta, once again, has temporarily interrupted production from the Atlanta field
Brazilian oil and gas player Enauta has temporarily interrupted production from a field located offshore Brazil only days after completing the preventive maintenance activities for a floating, production, storage, and offloading (FPSO) vessel, which is carrying out operations on this field. Enauta started preventive maintenance at the FPSO Petrojarl I in May 2023 and the production at the Atlanta field was... Continue Reading →
Brazil oil and gas production grows 9.6% in May to reach 4,110 boe/d
(TN) Pre-salt production in May was 3.196 million barrels of oil equivalent per day (boe/d) and corresponded to 77.8% of Brazilian production. 2.510 million barrels per day (bbl/d) of oil and 109.16 million cubic meters per day (m³/d) of natural gas were produced through 144 wells. There was an increase of 5.9% in relation to... Continue Reading →
Brazilian Government Ramps Up Work on Offshore Wind, Green Hydrogen
(OW) Brazil’s Ministry of Mining and Energy and Energy Research Office (EPE) have published a new version of the country’s offshore wind roadmap following recent updates of the regulatory framework for energy generation. According to a recent report by Reuters, the country’s government also plans to establish a regulative framework for offshore wind and green hydrogen... Continue Reading →
Petrobras Switches From Asset Seller to Buyer as Debt Slumps
(Bloomberg) -- Buoyed by the response to its first bond issue in two years, Petroleo Brasileiro SA is considering issuing more debt this year and is poised to buy assets after spending most of the past decade selling refineries and oil-exploration blocks. Strong cash generation combined with low production costs puts Brazil’s state-run oil giant... Continue Reading →
Petrobras on US$ 1.25 billion bond issue
Petróleo Brasileiro S.A. – Petrobras informs that it concluded today, through its wholly owned subsidiary Petrobras Global Finance B.V. (PGF), the offering of notes in the international capital market (Global Notes), in the amount of US$ 1.25 billion maturing in 2033. The operation was priced on June 26, 2023, as disclosed to the market. Below... Continue Reading →
Hydrogen, ammonia and green methanol are routes for offshore wind energy use in Brazil
(epbr) “The route cannot be fully established in the regulated market. We have to develop other sales lines for this energy”, says Equinor's director Andre Leite at the Offshore Week 23 Conference. The executive explained that offshore power generation will enable the development of new electro-intensive markets and attract industries to consume this new renewable... Continue Reading →
Nauticus’ autonomous subsea robot to work for Petrobras
Houston-based Nauticus Robotics has secured a contract with Brazilian state-owned oil and gas giant Petrobras for the deployment and testing of its Aquanaut autonomous subsea robot offshore Brazil. The contract is said to come as Petrobras had recently ramped up efforts in robotics and artificial intelligence and is pioneering their application to the offshore sectors. Aquanaut... Continue Reading →
Petrobras on Renewable Electricity Certificates
Petróleo Brasileiro S.A. – Petrobras informs that it has acquired international certification that ensures that 100% of the electricity used in its industrial and administrative operations in Brazil is generated by renewable sources. This seal - called I-REC certification (Renewable Energy Certificate) - attests that the electricity Petrobras acquires from external suppliers is generated exclusively... Continue Reading →
