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(epbr) The Dutch government released the Climate Fund project for 2024, which foresees 28.1 billion euros for climate spending in the country until 2030. Of this total, 7.5 billion euros will be used to develop the green hydrogen industry, including 300 million euros to import this energy source – which could favor green hydrogen projects... Continue Reading →
(Reuters) The head of oil major Shell Plc's Brazilian operations on Monday said a temporary oil-export tax established in March was a concerning development that could hurt the country's investment attractiveness. Brazil's government in March said the temporary, four-month tax would compensate for its decision to partially maintain a tax exemption on fuels for consumers,... Continue Reading →
(OE) Oilfield services firm SLB, Rockwell Automation, Sensia, and Cognite on Monday announced a collaboration that they say will "accelerate the evolution" of the offshore industry’s floating production storage and offloading (FPSO) facilities. According to a press statement issued by SLB, until recently known as Schlumberger, digital capabilities developed by the four-company coalition will improve... Continue Reading →
Teresa Wilkie, Contributor Research Director of RigLogix at Westwood Global Energy A noticeable recovery in the West African offshore floating rig market (semisubmersibles and drillships) has been slower to arrive than the other two points of the Golden Triangle – Brazil and the US Gulf of Mexico – but now appears to be well underway. As... Continue Reading →
(Reuters) - Exxon Mobil Corp (XOM.N) is not giving up on oil exploration in Brazil, the company's country chief Alberto Ferrin said on Monday during the Offshore Technology Conference (OTC) in Houston. "I would say very crystal clear that Exxon Mobil is not quitting exploration in Brazil at all," Ferrin said, disputing a U.S. newspaper report published last month.... Continue Reading →
(Reuters) - Brazil's state-controlled oil company Petrobras (PETR4.SA) has abandoned a plan to sell its 44% stake in a promising offshore gas project it shares with Colombia's Ecopetrol (ECO.CN) in the Andean country, a Petrobras executive said at a Houston energy conference on Monday. Petrobras and Ecopetrol last year announced a natural gas discovery at the Uchuva-1 deepwater well... Continue Reading →
MODEC plans to raise funds to support future FPSO activities by issuing new shares to MITSUI and Mitsui O.S.K. Lines (MOL), and forming a business alliance with MOL. The company has special-purpose entities providing lease, operation and charters of floating production systems. Projects have been growing in scope and funds required for charter arrangements are... Continue Reading →
(epbr) The equatorial margin, the region where the promising Foz do Amazonas Basin is located, has already been called the "new pre-salt layer" by the Minister of Mines and Energy, Alexandre Silveira (PSD), and is an important part of Petrobras' exploratory strategy in the coming years. years. But, due to lack of environmental licensing, no... Continue Reading →
Reuters) - Brazilian environmental agency Ibama has recommended the rejection of state-run oil firm Petrobras' (PETR4.SA) request to drill a well in the mouth of the Amazon River Basin, documents seen by Reuters showed on Friday. Signed last week by several environmental analysts from Ibama, the report also recommended the agency stop processing environmental licenses for the... Continue Reading →
– Petróleo Brasileiro S.A. - Petrobras, following the press release disclosed on March 1, 2023, informs that, in a meeting held today, the Annual General Meeting (AGM) approved the distribution of dividends relating to the 2022 fiscal year in the amount of R$17.06202044 per outstanding share (common or preferred). This amount includes payments already made... Continue Reading →
