MODEC sets out to fortify FPSO business while embracing decarbonization and new opportunities

(OET) With the current energy ecosystem in mind, Japan’s FPSO operator MODEC has unveiled its new, mid-term business plan, covering the period from 2024 to 2026, which spotlights the Japanese player’s intention to further strengthen the profitability of its core FPSO business, strategically invest funds to decarbonize its FPSO units, develop new opportunities, and bolster... Continue Reading →

Petrobras on the Equatorial Margin

In relation to the article published in the press this Tuesday (30/01) about Ibama predicting maximum environmental impact in oil exploration in Foz do Amazonas, Petrobras clarifies: Degree of impact: Firstly, we would like to clarify that Decree 6,848/09 establishes the guidelines for calculating the degree of impact of the activity, for the purpose of... Continue Reading →

TotalEnergies submits four more licensing applications for additional 12.1 GW for offshore wind projects in Brazil

(epbr) TotalEnergies submitted four more licensing applications at IBAMA for offshore wind farms off the Brazilian coast. Together, the projects in Rio de Janeiro, Rio Grande do Norte, Rio Grande do Sul and Piauí total 12.1 GW in installed capacity. The oil company already has another 9 GW in three offshore wind projects under licensing.... Continue Reading →

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