ExxonMobil’s first development off Guyana found to be in breach of oil spill insurance obligations

A Guyanese court recently ruled that ExxonMobil failed to provide adequate insurance for the costs of recovering from a potentially catastrophic oil spill from its first oil development project located off the coast of Guyana. According to High Court Justice, Sandil Kissoon, ExxonMobil “engaged in a disingenuous attempt” to dodge the full responsibility under its environmental permit for the Liza Phase I... Continue Reading →

May 5, 2023 0

OTC: Petrobras highlights the potential of offshore wind in Brazil

Brazil has all the favorable conditions to lead the global development of offshore wind energy. To get an idea, the country's estimated generation potential is 700 GW in offshore locations with depths of up to 50 meters - a volume that corresponds to more than 30 times the installed generation capacity in the world today... Continue Reading →

May 2, 2023 1

Foz do Amazonas: understand what is at stake in the new oil exploration frontier

(epbr) The equatorial margin, the region where the promising Foz do Amazonas Basin is located, has already been called the "new pre-salt layer" by the Minister of Mines and Energy, Alexandre Silveira (PSD), and is an important part of Petrobras' exploratory strategy in the coming years. years. But, due to lack of environmental licensing, no... Continue Reading →

May 1, 2023 1

Brazil agency recommends barring Petrobras from drilling in Amazon’s mouth

Reuters) - Brazilian environmental agency Ibama has recommended the rejection of state-run oil firm Petrobras' (PETR4.SA) request to drill a well in the mouth of the Amazon River Basin, documents seen by Reuters showed on Friday. Signed last week by several environmental analysts from Ibama, the report also recommended the agency stop processing environmental licenses for the... Continue Reading →

May 1, 2023 0

Brazilian innovation centre requests license for offshore wind test site

(OEP) A research, innovation and development centre in Brazil, focused on renewable energy and sustainability, has submitted an application for a test site for offshore wind to the country’s Institute for the Environment and Natural Resources (IBAMA). In the latest update to the map (and the list) of offshore wind projects for which environmental investigation licences have... Continue Reading →

April 27, 2023 0

Norwegian Regulator Proposes 20 New Areas for Offshore Wind Farms

(OE) Norwegian energy regulator NVE on Tuesday recommended 20 areas suitable for deploying offshore wind farms that will help meet a 2040 target for 30 gigawatts (GW) of capacity. The areas, dotted along Norway's vast coastline, were the ones believed to offer the least potential for conflict and could fit more than 30 GW, NVE... Continue Reading →

April 25, 2023 0

Ørsted and Acciona Team Up to Industrialise Fabrication of Carbon-Neutral Concrete Floating Wind Foundations

(OW) Ørsted and the infrastructure division of Spanish Acciona have signed a memorandum of understanding (MoU) to explore options for floating wind foundations, including using carbon-neutral materials and industrialising the fabrication of concrete foundations. Under the MoU, the two companies’ focus will be on the use of carbon-neutral bio-cement, bio-concrete, and other materials and solutions,... Continue Reading →

April 19, 2023 0

SOFEC Awarded an Approval in Principle (AiP) by DNV for an Ammonia TransferSystem using its CALM and Tower Mooring Technologies

As a part of SOFEC’s commitment to the Energy Transition, SOFECis pleased to announce that the newly developed Ammonia Transfer System has been awardedan Approval in Principle (AiP) by DNV for use with two mooring technologies 1) CALM Buoy and2) Tower Mooring solutions.Both CALM Buoy and Tower Mooring solutions are part of SOFEC’s proven product... Continue Reading →

April 12, 2023 0

IBAMA authorizes operation of the FPSO Almirante Barroso

The Brazilian Institute of the Environment (IBAMA) authorized Petrobras to start operating the FPSO Almirante Barroso – which is already moored in the Búzios field, in the Santos Basin. The license will be valid for eight years. The platform vessel was named in honor of the commander who led the victorious Brazilian naval force in... Continue Reading →

April 12, 2023 0

Petrobras on Climate Supplement

Petróleo Brasileiro S.A.- Petrobras informs that today it released the new edition of its Climate Supplement. The document details information regarding Petrobras' emissions performance in 2022, in addition to the progress made in indicators related to climate change commitments. The Climate Supplement also presents how the challenges of climate change are reflected in the company's... Continue Reading →

March 30, 2023 0

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