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(Reuters) Brazilian oil giant Petrobras is set to reopen a closed oil well in its large offshore Roncador field in a bid to quickly obtain natural gas, the company's chief said on Thursday. The well, located off the Brazilian coast northeast of Rio de Janeiro, could start producing as early as next year and would... Continue Reading →
(Reuters) - The main focus of Brazil state-run oil firm Petrobras remains in its home country, its director of exploration and production said on Thursday, adding that Brazil was a priority even as it intends to expand into Africa. Petrobras has been publicly showing interest in expanding its oil fields in Africa as it seeks to... Continue Reading →
Petróleo Brasileiro S.A. - Petrobras informs that it has signed today with Staatsolie Maatschappij Suriname N.V. a non-binding memorandum of understanding (“MoU”) aimed at assessing cooperation opportunities in the areas of hydrocarbon exploration and production, carbon capture, new energy sources, contingency response planning, among others. Cooperation with Staatsolie could also result in better sustainable oil... Continue Reading →
Petróleo Brasileiro S.A. - Petrobras informs that today it signed a memorandum of understanding (MoU) with YPF of Argentina to analyze the joint development of business in the E&P segment. The agreement is non-binding and will be in force for three years. The document also provides for technological cooperation between the companies in the Exploration... Continue Reading →
(OE) Ocean Power Technologies Signs (OPT) has signed a memorandum of understanding (MoU) with Brazil’s SENAI to advance autonomous ocean developments. OPT and SENAI, short for Serviço Nacional de Aprendizagem Industrial (SENAI Innovation Institute for Virtual Production Systems from Firjan) in Brazil, will jointly explore blue economy opportunities including deployment of WAM-V autonomous and unmanned... Continue Reading →
Philip Lewis, Contributor - Director Research at Intelatus Global Partners.. (OE) We are fast approaching a potential inflection point for the U.S. offshore wind industry, the November 2024 elections. On the positive side of the scale, federal and state leases supporting approximately 63 gigawatts (GW) of offshore wind capacity have been awarded to developers on the... Continue Reading →
(OE)The American Bureau of Shipping (ABS) has issued Approval in Principle (AiP) to the OO-STAR concrete semi-submersible foundation for floating wind turbines from Bouygues Travaux Publics, a subsidiary of Bouygues Construction. The floater can support wind turbines of more than 20 MW in harsh offshore environments, according to Bouygues Construction. The achievement market the first... Continue Reading →
(Reuters) - A goal to triple global renewable energy capacity by 2030 and cut fossil fuel use is within reach, the International Energy Agency said in a report on Tuesday, but will require a huge push to unlock bottlenecks such as permitting and grid connections. The report comes as leaders from government and business come... Continue Reading →
JDR Cables, the global subsea cable supplier and service provider, part of the TFKable Group, has announced a strategic expansion into Brazil where it has opened a new service centre in Macaé, located in the state of Rio de Janeiro. The service centre began operations in Q3 2024, providing clients with in-country technical and service... Continue Reading →
(OE) A group of industry specialist companies has achieved a world first for the wind industry, with a major component exchange (MCE) being performed on an offshore floating wind turbine while it remained on site at the Scottish Kincardine offshore wind farm, located south east of Aberdeen. The new, more cost-effective, process was delivered through... Continue Reading →
Brazil Energy Insight 