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Oct. 9 (Reuters) - Brazilian state-run oil firm Petrobras has racked up 180 million reais ($33.7 million) in costs to keep a drillship on standby in the Foz do Amazonas basin, a company source and a local union said, as it awaits a regulator's decision on a drilling request. The NS-42 drillship arrived in August... Continue Reading →
Oct. 8 (Agencia Eixos by Gabriel Chiappini and Gustavo Gaudarde) The Working Group, announced last week, to discuss the regulation of offshore wind power, by the National Energy Policy Council (CNPE), has dashed the hopes of industry representatives that the third Lula administration would hold the first auction for the transfer of land for offshore... Continue Reading →
Sept. 24 - Petrobras received approval from Ibama on Wednesday, September 24th, for the Pre-Operational Assessment (APO), the emergency response simulation conducted by the company in August of this year, as the final stage of the environmental licensing process for block FZA-M-59, located in deepwater areas of Amapá. The report approving the APO was filed... Continue Reading →
Sept 24 (Reuters) - China led several countries in announcing new climate plans on Wednesday and offered a veiled rebuke of the U.S. president's anti-climate rhetoric a day earlier at the U.N. General Assembly. Addressing a climate leaders’ summit hosted by U.N. Secretary-General Antonio Guterres, Chinese President Xi Jinping said in a live video message... Continue Reading →
Sept. 18 (TN) Petrobras has approved the construction of the São Tomé CCS Pilot Project in Macaé, Rio de Janeiro, a strategic initiative to achieve the carbon neutrality goal by 2050. This is the first CCS (Carbon Capture and Storage) pilot project in Brazil, with infrastructure that allows for the complete integration of CO₂ capture,... Continue Reading →
Sept. 18 (TN) OceanPact has signed two contracts with Petrobras, valued at over R$700 million, to perform marine environmental monitoring services in the oil company's areas of interest. The contracts, signed after a competitive process governed by Law 13.303/16, provide for the collection of environmental samples of water, biota, and sediments, as well as the... Continue Reading →
Sept. 18 (OE) Energy data and intelligence firm TGS has started PAMA Phase II 3D multi-client survey in the Equatorial Margin area offshore Brazil. The first phase covered 19,343 square kilometers and more than 25 future exploration blocks within the Pará-Maranhao Basin, one of the world’s largest, most unexplored, and highly prospective basins. PAMA Phase... Continue Reading →
Sept 9 (Reuters) Brazil's President Luiz Inacio Lula da Silva said on Tuesday that environmental agency Ibama should be satisfied with the results of an emergency drill done by state-run oil firm Petrobras in the country's Foz do Amazonas basin, ahead of Ibama's official assessment. "Petrobras has already carried out the test. Ibama should be... Continue Reading →
Sept. 9 (OE) ABS has granted approval in principle to a liquefied carbon dioxide (LCO2) floating storage and injection unit (FSIU) designed by MODEC in collaboration with Mitsui OSK Lines (MOL). Tailored to the growing demands of the global carbon capture, utilization and storage (CCUS) value chain, the design eliminates the need for onshore facilities,... Continue Reading →
Aug 27 (Reuters) - Brazilian state-run oil firm Petrobras on Wednesday concluded an emergency drill in the country's Foz do Amazonas basin, the company and Brazil's environmental agency said, marking one of the final steps needed to secure a controversial exploration license at the mouth of the Amazon river. Petrobras considers the drill, a pre-operational... Continue Reading →
Brazil Energy Insight 