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Petróleo Brasileiro S.A. – Petrobras informs that it has started drilling the Pitu Oeste (RN) well today, which marks the resumption of the company's search for oil and gas in the Equatorial Margin, a region that stretches along the Brazilian coast from the state of Rio Grande do Norte to Amapá. The drilling of the... Continue Reading →
(CNN) The Biden administration issued long-awaited preliminary guidance Friday on its expansive clean hydrogen tax credit, tilted in favor of hydrogen produced from clean electricity. The hydrogen tax credit is one of the most generous subsidies contained in the Inflation Reduction Act — giving companies up to $3 for every kilogram of hydrogen produced. Along with other... Continue Reading →
(OET) Reusing existing pipelines for offshore hydrogen is the best solution that can be used, however, this does come with certain challenges, according to Bart Steuten, Product Development Manager at Strohm, Dutch thermoplastic composite pipe (TCP) producer. Steuten discussed the production of hydrogen offshore, what we can expect in the future, the good sides of... Continue Reading →
(OW) Steelhead Americas, Vestas’ North American development arm, and Mitsubishi-owned Diamond Offshore Wind (DOW Wind) have signed operating agreements to build the first offshore wind farms in Louisiana waters. The State Mineral and Energy Board has approved a 6,162-acre property agreement for DOW Wind off the coast of Terrebonne and Lafourche parishes and a 59,653-acre... Continue Reading →
The ODN-II drillship, which will be used to drill the Pitu Oeste well, in the Potiguar Basin, is already heading towards the location, on the coast of Rio Grande do Norte. Drilling, scheduled to begin in December, will take place in block BM-POT-17. This will mark Petrobras' return to the Equatorial Margin, which stretches from... Continue Reading →
(Reuters) - TotalEnergies's (TTEF.PA) CEO gave his backing to an international pledge to triple renewable energy generation at the COP28 climate summit, calling it necessary to phase out fossil fuels and decarbonise. "It's the right way to frame the object, tripling renewables, because if we don't do that, there's no way to phase out fossil energy," Patrick Pouyanne told... Continue Reading →
As part of the commitment to identify, measure and reduce methane emissions linked to their activities, TotalEnergies and Petrobras began a collaboration to carry out an evaluation campaign using drone methane measurement technology on FPSO P-70, dedicated to production from the Atapu field, located in the Santos basin in Brazil. In 2022, TotalEnergies set ambitious... Continue Reading →
Strohm, the world’s first and leading thermoplastic composite pipe (TCP) technology company, has taken a big step towards expanding its TCP operating envelope. DNV has issued a Statement of Qualified Technology for Strohm’s 6-inch EGF-PE pipe, as per the DNV-ST-F119 standard, for its use as a flowline or jumper in deep waters. It is the... Continue Reading →
Portuguese oil and gas company Galp has kicked off drilling operations at a well in license PEL 83 offshore Namibia, located close to Shell’s Graff and TotalEnergies’ Venus discoveries. On the other hand, the U.S. oil major Chevron is looking to drill up to ten new wells in PEL 90. These licenses are located in... Continue Reading →
(Reuters) - Brazil has signed onto an agreement to triple renewable energy globally by 2030 and shift away from using coal, the country's Foreign Ministry said on Friday, joining a prospective deal backed by the European Union, U.S. and United Arab Emirates. South America's largest country is now one of roughly 100 countries that have signed onto... Continue Reading →
Brazil Energy Insight 