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Aug. 13 (Estadao) Seatrium, a marine engineering multinational expanding its global offshore wind operations, sees Brazil as a market ripe for development and hopes to leverage its local infrastructure to manufacture substations and vessels dedicated to the sector. However, the company is making any planning contingent on the maturation of the legal framework. It has... Continue Reading →
Aug. 13 (oilprice.com) Over the past couple of years, Colombia’s clean energy transition has shifted into overdrive under President Gustavo Petro’s "Just Energy Transition" agenda, with the country pivoting away from fossil fuels towards wind and solar energy. Petro, Colombia’s first ever left-wing president, instituted a strict ban on signing new oil, gas and coal exploration contracts... Continue Reading →
Aug 12 (Reuters) - Braskem, Latin America's largest petrochemical firm, is in advanced talks for a potential out-of-court restructuring that could be filed as early as this month, two people familiar with the matter said on Wednesday The company is grappling with over $10 billion in debt across operations in Brazil, Europe and the U.S.... Continue Reading →
Aug. 12 (oilnow.gy) Guyana’s expanding oil production is helping create more work for tanker owners as growing volumes of crude from the Americas are shipped to buyers farther east, according to S&P Global. The trend is part of a wider increase in Western Hemisphere crude supply from Guyana, the United States, Brazil and Argentina. More of those... Continue Reading →
Aug. 11 - Aberdeen-headquartered Proserv, a global leader in controls technology, is accelerating its international growth with a strategic push into Brazil’s dynamic energy market; bringing proven expertise and high-value solutions directly to oil and gas operators seeking to optimize performance, reliability, and efficiency. This localisation marks a significant milestone in Proserv’s international growth strategy,... Continue Reading →
Aug. 10 (PN) Petrobras released the list of companies that submitted bids for the new Albacora FPSO in the Campos Basin. Malaysian company Yinson took the lead in the race, submitting the best offer at US$ 2.297 billion. Four other companies that also submitted bids: China's COOEC (US$ 2.842 billion); India's Shapoorji (US$ 2.9 billion);... Continue Reading →
Aug. 10 (OE) Intermoor, Acteon’s Moorings and Anchors business line, has been awarded a new contract by Petrobras for the provision of inspection, preservation, maintenance, and operational readiness services for subsea interconnection, mooring and anchoring materials. This award marks the third contract secured by Intermoor from Petrobras in less than a year. Under the scope... Continue Reading →
Aug.10 (cnnbrasil) German equipment manufacturer Siemens Energy has signed a contract with the Dutch company SBM Offshore to supply power generation and gas compression systems. These systems will be installed on the P-81 and P-87 platforms, which are destined for Petrobras projects in the Sergipe-Alagoas Basin. The value of the contract was not disclosed. In... Continue Reading →
Aug. 10 (offshote-energy.biz) Two ocean-going tugs from the fleet operated by Boskalis, a Dutch offshore services provider, have undertaken a floating production, storage, and offloading (FPSO) tow mission across the Atlantic. Boskalis has shed light on the role its ocean-going tugs BOKA Alpine and BOKA Glacier recently played in completing a major FPSO towage operation. Each with a bollard... Continue Reading →
Aug 9 - Petrobras is working to bring forward the start of production for the P-80 platform, scheduled for the Búzios field in the Santos Basin. According to the company's Director of Engineering, Technology, and Innovation, Renata Baruzzi, the goal is to achieve first oil from the unit in the first quarter of 2027 rather... Continue Reading →
Brazil Energy Insight 