Brought to you by Quest Offshore & Southern Cone Consultants
Dec. 29 (TN) In another modernization process and commitment to the market, Petrobras announces the online auction of two deactivated offshore platforms following a decommissioning plan. Platform P-26 (pictured), located in São João da Barra (RJ), has a starting bid of R$ 1.5 million, while P-19, located in Macaé (RJ), starts at R$ 1.6 million.... Continue Reading →
Nov 24 (Reuters) - Despite the U.S. government souring on the global climate agenda ahead of the COP30 summit, American companies did not shy away. A Reuters analysis of attendance lists shows there were 60 representatives of Fortune 100 companies at the Brazil event, compared with 50 at last year's in Baku, Azerbaijan. Still others attended pre-conference... Continue Reading →
(offshore-energy.biz) Singapore-headquartered offshore, maritime, and energy solutions provider Seatrium has secured a $400 million sustainability-linked revolving credit facility with United Overseas Bank (UOB). Seatrium stated that the credit facility, secured through its wholly owned subsidiary Seatrium Financial Services (SFS), aligns with the sustainable finance framework and includes revolving credit features that will enhance the company’s... Continue Reading →
Neoenergia released its financial and operating results for the fourth quarter and the accumulated total for 2024. Adjusted profit was R$1.4 billion in the fourth quarter and R$4.3 billion in 2024, in line with 2023. In 2024, Neoenergia increased investments, ensuring the quality of energy delivery, with cost discipline and control of operating expenses below... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras announces the establishment of an Impact Fund for Bioeconomy and Nature-Based Solutions Socio-Environmental Projects (Petrobras Bioeconomy Fund) in partnership with Régia Capital, a management firm focused on sustainable investments and financial solutions. Petrobras allocated R$ 50 million to the Fund, with Régia contributing an additional R$ 50 million. This is... Continue Reading →
(offshore-energy.biz) With a backlog of $33 billion and sustainability at the heart of its strategy to future-proof its floating production units, the Netherlands-headquartered SBM Offshore is expecting to see a new batch of 40 floating production, storage, and offloading (FPSO) opportunities in the next three years, out of which around 16 are anticipated to be... Continue Reading →
Petróleo Brasileiro S.A. - Petrobras informs that it will return to the Dow Jones Sustainability Index World (DJSI World) of S&P Global's Corporate Sustainability Assessment as of February 2025. This year, the company qualified for the index by outstanding performance in the criteria related to water resource management, human capital management, community relations and climate... Continue Reading →
(TN) Enel Trading, the Enel Group's trading company, has facilitated the acquisition of carbon credits from Enel Green Power plants by CBO Group (Companhia Brasileira de Offshore), a company in the maritime support segment. The company signed a contract to offset emissions from its vessels, via carbon credits, and from three administrative units, via I-RECs... Continue Reading →
(TN) OceanPact received the award for the third most honored company in Latin America, in the small cap category in the Oil & Gas and Petrochemical sector, in the traditional survey conducted by Institutional Investor Research, which consulted around 1,200 investors and market analysts. OceanPact's “Investor Day” was considered the best in this same category.... Continue Reading →
(OE) The ABS-classed Liza Unity has received the first REMOTE-CON notation for an floating production storage and offloading (FPSO) from ABS. The notation demonstrates the vessel’s alignment with remote-control functions and signifies that the design and construction of the offshore asset are assessed against and adhere to the ABS Requirements for Autonomous and Remote Control... Continue Reading →
Brazil Energy Insight 