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(PetroleoHoje) IBAMA released the map showing the location of offshore wind energy generation projects that are in the licensing process. Of the 23 projects, only one belongs to an oil company. It is the Aracatu wind farm, owned by Equinor, which will have a generation capacity of 4 GW. The Aracatu I and Aracatu II... Continue Reading →
(epbr) Perenco plans to start operating an FSO in August 2022. The unit will be anchored 2.5 km away from the PPG-1A platform, at an average depth of 93 m and 72 m away. km from the coast of the municipality of Campos dos Goytacazes. -- A 3 km long pipeline, also foreseen in the... Continue Reading →
(epbr) Trident Energy intends to put into operation in the fourth quarter of 2023 the new platform that will operate in the Enchova and Pampo clusters, in the Campos Basin, acquired by the company in the divestment of Petrobras. The FPSO-type unit will have the capacity to process 55,000 barrels of oil per day. --... Continue Reading →
Maersk Supply Service has secured a one-year contract extension for one of its I-class subsea support vessels with an undisclosed “major” oil operator in Angola. Under the contract, Maersk Supply will provide full inspection, repair and maintenance (IRM) services supported by one of its I-class vessels, as well as project management and engineering services. The... Continue Reading →
(WO) Vitol Group and Trafigura Group -- both barred from new oil-trading business with Mexico’s state producer for alleged corruption -- will be subject to the ban until at least the end of 2024 while the government reviews the conduct of other commodity traders, Energy Minister Rocio Nahle said. Pemex won’t give new work to... Continue Reading →
Petrobras disqualified this week the proposal of the company Yinson form the construction of the Parque das Baleias FPSO, the only one that made bid in the tender. According to the oil company, in a decision published on the Petronect portal, Yinson's offer was “above the estimate”. Even after months of negotiations, the two sides... Continue Reading →
The Petrobras divestment program of oil and gas producing fields has a date set to end: December 31, 2021, as determined by the National Agency for Petroleum, Natural Gas and Biofuels (ANP). In recent years, medium-sized oil companies have gained muscle by acquiring state-owned assets. But, starting in 2022, they will need to look for... Continue Reading →
Australian oil and gas company Karoon Energy has this week named Ray Church as Executive Vice President and Chief Financial Officer. Church will start with Karoon on September 27. 2021. Current Chief Financial Officer, Scott Hosking, will oversee the preparation of Karoon’sfinancial statements for the year ended June 30, 2021, and will step down from... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras, regarding the piece of news published in the media, clarifies that its stake in Braskem is part of the assets included in its portfolio management, as disclosed in the Strategic Plan 2021-2025. As disclosed on August 9, 2021, Petrobras has hired JP Morgan for financial advisory services for the eventual... Continue Reading →
(Reuters) - The world's newest oil-producing nations grabbed the spotlight at this week's Offshore Technology Conference with ambitious plans to tap oil and gas discoveries in a race against a global energy transition to lower-carbon fuels. At the conference highlighting renewable and cleaner-burning fuels and investors moving bets away from fossil fuels, Brazil, Ghana, Guyana,... Continue Reading →
Brazil Energy Insight 