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Sept. 29 (OE) Baker Hughes, an energy technology company, has secured a contract from Petrobras to supply up to 50 subsea tree systems and associated services to support offshore oil and gas production across multiple fields in Brazil. The modern subsea systems will enhance recovery in established fields including Albacora, Jubarte and Barracuda-Caratinga. They will... Continue Reading →
Sept. 26 (offshore-energy.biz) Norway’s vessel owner DOF Group has secured three assignments off the coast of Brazil, enabling it to undertake subsea inspections of underwater facilities operated by Petrobras, the South American country’s state-owned oil and gas giant. The award of three service contracts, which follows a competitive tender process, will enable DOF to execute subsea... Continue Reading →
Sept. 25 (OE) Global technology company SLB has secured a major contract from Petrobras to provide services and technology for up to 35 ultra-deepwater wells in the strategically important Santos Basin. The wells, which are part of the second development of the Atapu and Sépia fields, target massive pockets of oil and gas beneath thick... Continue Reading →
Sept. 24 - Petrobras received approval from Ibama on Wednesday, September 24th, for the Pre-Operational Assessment (APO), the emergency response simulation conducted by the company in August of this year, as the final stage of the environmental licensing process for block FZA-M-59, located in deepwater areas of Amapá. The report approving the APO was filed... Continue Reading →
Sept 24 (Reuters) - China led several countries in announcing new climate plans on Wednesday and offered a veiled rebuke of the U.S. president's anti-climate rhetoric a day earlier at the U.N. General Assembly. Addressing a climate leaders’ summit hosted by U.N. Secretary-General Antonio Guterres, Chinese President Xi Jinping said in a live video message... Continue Reading →
Sept. 24 (PN) The Brazilian Development Bank (BNDES) announced this week the release of R$2.5 billion for Starnav Serviços Marítimos to acquire vessels to be built at the Detroit Brasil shipyard in Itajaí, Santa Catarina. The loan granted to Starnav is equivalent to over 88% of the R$2.9 billion earmarked for the purchase of eight... Continue Reading →
Seatrium has received Approval in Principle (AiP) from the American Bureau of Shipping (ABS) for its proprietary FLEXHull 1500K-M floating production storage and offloading (FPSO) design. The AiP underscores Seatrium’s ability to deliver advanced solutions for deepwater oil and gas production, the company said. The FLEXHull 1500K-M is designed to handle topside loads of up... Continue Reading →
Sept. 24 (offshore-energy.biz) TechnipFMC has secured a contract defined as significant, meaning it is worth between $75 million and $250 million, with Brazilian oil & gas company Petrobras for the delivery of subsea production systems. Following a competitive tendering process, TechnipFMC has been selected to design, engineer, and manufacture subsea production systems to be deployed in an... Continue Reading →
Sept. 24 (Reuters) -The Inter-American Development Bank is aiming to attract private capital to Latin America by helping turn a pool of up to $500 billion of regional local loans into investable global assets, the lender said on Tuesday. ReInvest+, a partnership between the IDB Group and Brazil's presidency of the COP30, seeks to convert... Continue Reading →
Sept. 24 (Zack's) Petrobras PBR, in collaboration with WEG SA and Norway’s Statkraft AS, has launched the most powerful onshore wind turbine ever installed in Brazil. Located in Bahia state, this 7-megawatt (“MW”) turbine marks a transformative moment for renewable energy in the region and sets a new benchmark for the country’s wind power sector. Strategic... Continue Reading →
Brazil Energy Insight 