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(Reuters) Petrobras has completed work on a veterinary center in the Amazon region that is required for it to obtain an environmental permit for an offshore drilling project, the company said on Saturday. The animal care center in the town of Oiapoque, Amapa state, is designed to assist animals in the event of an oil... Continue Reading →
(OE) Nexif Ratch Energy has been granted Pre-Development Environmental Compliance Certificate (Pre-Dev ECC) for its 500MW San Miguel Bay offshore wind project in the Philippines. The certificate was granted by the Philippines’ Department of Environment and Natural Resources (DENR) in accordance with its administrative order and the Philippine Environmental Impact Statement System (PEISS). The Pre-Dev... Continue Reading →
(Reuters) - Brazilian oil firm Petrobras needs to be granted an environmental license to drill in the sensitive Foz do Amazonas region by the end of April or it will run out of time before the contract with a drilling vessel ends in October, according to a document presented by the government. The document, which... Continue Reading →
South Korea’s major Samsung Heavy Industries (SHI) has clinched a ‘major’ contract worth KRW 1.9 trillion (approximately $1.34 billion) for the construction of nine environmentally friendly DP2 Suezmax shuttle tankers. As disclosed in a stock exchange filing by SHI, the newbuilds are due for delivery by the end of 2028. In a separate statement, Greek... Continue Reading →
(rivieramm.com) Japan’s cabinet has approved a bill amendment that will allow offshore wind projects to be built in the country’s Exclusive Economic Zone (EEZ). The Global Wind Energy Council (GWEC) said the legislative procedure for the bill is "progressing smoothly" and now moves to the Diet for further deliberation. If approved during the ordinary Diet... Continue Reading →
(Reuters) Brazilian state-run oil company Petrobras and its Colombian counterpart Ecopetrol could have the licenses needed for moving forward a joint offshore gas project in Colombia by mid-2026, said Orlando Velandia, head of Colombia's hydrocarbons regulator. Some 6 trillion cubic feet (TCF) of natural gas reserves have been confirmed, making the project commercial. The partners... Continue Reading →
(OE) The ABS-classed Liza Unity has become the first FPSO in the world to receive the SUSTAIN-2 notation from ABS. The notation is the next level in the vessel sustainability program developed by ABS to help fleets meet the environmental and human elements requirements contained in the strategic Sustainable Development Goals (SDGs) from the United Nations. Liza Unity was the first... Continue Reading →
(Reuters) Petrobras obtained approval from the country's environmental agency to clear corals from the underside of the drilling vessel it plans to use in the Foz do Amazonas region, Reuters reports. Its February 10 request was granted on Monday for the vessel the state-run firm will send to drill off the coast of the northern Amapa state if... Continue Reading →
(Reuters) - The eighth energy project in Guyana of a consortium led by U.S. major Exxon Mobil will produce up to 1.5 billion cubic feet per day (bcfd) of natural gas and 290,000 barrels per day on condensate through a floating production facility that will have capacity to export the fuel, the group told the government.... Continue Reading →
(OE) Energy company Saipem’s performance in 2024 confirms, for the third consecutive year, a trajectory of growth and margin recovery for the group, as well as an acceleration in cash flow generation and the strengthening of the company’s balance sheet. Revenue stood at €14.5 billion in 2024, and EBITDA adjusted at €1.3 billion, corresponding to... Continue Reading →
Brazil Energy Insight 