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(OE) Brava Energia, a Brazilian oil and gas firm created by the merger of 3R Petroleum and Enauta, has ceased production from Petrojarl floating, production storage, and offloading (FPSO) unit, as the new FPSO Atlanta gets ready to take over at a field offshore Brazil. As part of the production transfer to the FPSO Atlanta,... Continue Reading →
(Reuters) - Guyana and Suriname could supply 12 million metric tonnes of liquefied natural gas annually at a competitive price by the next decade, according to a report by Wood Mackenzie on Monday. LNG demand is expected to spike by the end of the decade as industries switch from highly polluting coal to gas, which can cut... Continue Reading →
(eixos)The Senai Institute for Innovation in Renewable Energy (ISI-ER) and Chinese wind turbine manufacturer Mingyang signed a cooperation agreement on Thursday (24) for activities related to the offshore wind market in Rio Grande do Norte The intention is to develop local capacity. The state has 25.5 GW in projects with licensing requests from Ibama, out... Continue Reading →
(offshore-energy.biz) U.S.-headquartered offshore energy services provider Helix Energy Solutions has picked up multimillion-dollar long-term assignments off the coast of Brazil for two vessels, which will carry out well intervention work for the country’s energy giant, Petrobras. Following a competitive tender process, Helix entered into three-year vessel charter and service contracts with Petrobras for the Siem Helix 1 and Siem Helix 2 riser-based... Continue Reading →
By Andrew Burr, North America Analyst, Welligence Energy Analytics (OE) The safe, timely and cost-efficient decommissioning of offshore infrastructure is one of the big challenges faced by the oil & gas sector. We estimate that the liability currently stands at over $300 billion (real terms), and this will only increase as companies continue to make... Continue Reading →
(PN) Halliburton announced today (8) that it has been contracted by Petrobras to provide a range of services in Brazil for integrated interventions and decommissioning of offshore wells. The commercial agreement is expected to begin in the second quarter of 2025. It will be a major new contract for the company, as it will cover... Continue Reading →
(Offshore-energy.biz) Brazil is poised to become a significant player in the global ship recycling market, the NGO Shipbreaking Platform said. With the country’s extensive coastline and robust maritime industry, many existing facilities, primarily engaged in shipbuilding and repair, have the potential to expand into recycling, according to the NGO. Professor Newton Pereira from the Federal Fluminense University... Continue Reading →
Four new challenges, which aim to push the boundaries of innovation in floating offshore wind, have been launched in the NOW Accelerator programme. Presented by industry players Vattenfall and Seagust, Equinor, Deep Wind Offshore and EDF Renewables, and Å Energi and Corio, the four new challenges are part of the NOW Accelerator programme by Norwegian... Continue Reading →
(TN) EIG, a leading American global fund in the energy and infrastructure sectors, and Lake Capital Investimentos, the resource management division of Lakeshore Partners, focused on the energy and infrastructure sectors, announced to the market that they have completed the acquisition of Ocyan Partipações S.A. ( "Ocyan" or "Company"), a Brazilian provider of solutions for... Continue Reading →
(OM) Acteon Group, an offshore energy infrastructure services business, has been acquired by private equity investors Buckthorn Partners and One Equity Partners (OEP). With this business investment, Buckthorn and OEP said they aim to "improve Acteon’s standing with suppliers and customers and enable it to compete even more strongly in its core markets." The investors’ said... Continue Reading →
Brazil Energy Insight 