(Reuters) - The ongoing strike at Brazil's environmental agency Ibama is impacting the analysis of Petrobras' request to drill a well in the Equatorial Margin, an Ibama official told Reuters on Thursday. Itagyba Neto, who handles the agency's licensing for marine and coastal ventures, added that Petrobras has still not sent to the agency important details... Continue Reading →
Ibama nears decision amid Petrobras pressure to explore offshore Equatorial Margin
(Reuters) - The head of Brazil's environmental agency said on Wednesday that he expects a decision soon on state-owned oil company Petrobras' request to conduct exploratory studies in a region known as the Equatorial Margin, as both the company and the government push for a drilling license. Petrobras has been seeking to explore the northernmost part... Continue Reading →
BOEM Seeks Input on Offshore Wind Studies in US Territories
(offshoreWind.biz) The US Bureau of Ocean Energy Management (BOEM) is seeking ideas for baseline environmental and socioeconomic studies to inform its decisions on potential offshore wind energy activities in the US territories. To formally request ideas for baseline environmental and socioeconomic studies, the bureau has issued a request for Letters of Interest (LOI). In addition,... Continue Reading →
Shell and Petrobras Start Next Phase of Pioneering OD OBN Project
(OE) The next phase of the On Demand Ocean Bottom Node (OD OBN) project, involving Sonardyne, Shell, Petrobras and SENAI CIMATEC, has started offshore Brazil, which could result in the development of next generation of geophysical monitoring systems in the offshore oil and gas industry. The project, which began in 2018, involves a collaboration between... Continue Reading →
Brazil’s Lula Backs Petrobras Bid to Explore Offshore Equatorial Margin
(Reuters) President Luiz Inacio Lula da Silva on Wednesday threw his weight behind a push by state-run oil company Petrobras to explore the environmentally sensitive offshore Equatorial Margin, saying Brazil cannot give up such an opportunity. The offshore region along the northern coast is seen as Brazil's most promising frontier for oil exploration as it... Continue Reading →
TotalEnergies Closing in on Block 58 FID Offshore Suriname
(OM) TotalEnergies, together with APA Corporation and Staatsolie, has made progress toward reaching the final investment decision (FID) for the development of deepwater Block 58 offshore Suriname, expected to be made in the fourth quarter of 2024. TotalEnergies is the operator of Block 58 with a 50% interest, alongside APA Corporation (50%), while Staatsolie has... Continue Reading →
Bankrolling fossil fuels: 60 giant banks pick up the $7 trillion tab for coal, oil & gas
(Offshore-energy.biz) While global efforts to break away from emission-intensive fossil fuels and pivot to low-carbon and renewable energy alternatives have grown by leaps and bounds since the Paris Agreement came onto the scene, concerns over energy security, rising demand, and population growth have enabled coal, oil, and gas to spread their wings further, with over... Continue Reading →
Brazil’s Finance Minister sees no reason to worry about Petrobras
(Reuters) - Brazil's Finance Minister Fernando Haddad said there is no reason to worry about state oil major Petrobras after a recent leadership change that caused the company's shares to plummet. In an interview with French newspaper Le Monde published on Wednesday, Haddad said the appointment last week of Magda Chambriard as the company's CEO... Continue Reading →
BOEM Finalizes Environmental Review of Gulf of Maine Offshore Wind Research Lease
(OE) The US Bureau of Ocean Energy Management (BOEM) has released its Final Environmental Assessment (Final EA) of an offshore wind research lease in the Gulf of Maine. In October 2021, the state of Maine requested a research lease for the purpose of researching floating offshore wind energy technology and its deployment. The research... Continue Reading →
New Petrobras CEO Says Oil Prospect is of “National Interest”
(Reuters) Petrobras' new chief executive said a basin in Brazil's Equatorial Margin, an environmentally sensitive offshore prospect seen as the country's most promising frontier for oil exploration, was a matter of "national interest." Magda Chambriard, who took over as the state-controlled oil company's chief executive after President Luiz Inacio Lula da Silva fired its former... Continue Reading →