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The governor of Ceara, Camilo Santana, announced on the Portocem consortium as the winner of the auction for the implementation of the Natural Gas Thermoelectric Power Plant in the Export Processing Zone (ZPE) of the Pecem Complex. Led by the American Ceiba Energy, a company that owns, develops and operates power generation assets in Latin... Continue Reading →
Rio de Janeiro, January 14, 2022 - Petróleo Brasileiro S.A. – Petrobras confirms the achievement of its production targets for the year 2021, with the following results: The highlights of 2021 were: • the start of production from FPSO Carioca, the first platform in the Sépia field, in the Santos Basin pre-salt;• own... Continue Reading →
Brazilian oil and gas company Enauta has stopped production from the Atlanta field, located offshore Brazil, for inspection and repair following a pipeline issue. Enauta disclosed the preventive stoppage of production at the Atlanta field on Thursday. The firm explained the production at the field was stopped for inspection and repair of a production line... Continue Reading →
(Reuters) - Brazilian state-run oil company Petrobras (PETR4.SA) announced on Wednesday it imported a record 23 million cubic meters per day of liquefied natural gas (LNG) in 2021, a volume around 200% higher than the one recorded in the previous year. The record occurred during a year of strong thermoelectric demand in Brazil, due to the worst... Continue Reading →
(PetroleoHoje) Petrobras found evidence of gas in the Três Marias block, in the pre-salt layer of the Santos Basin. The discovery, carried out on the 10th, was made in a water depth of 2,223 mts. The wildcat well was drilled in October by Diamond's Ocean Courage rig. The Três Marias area was acquired in the... Continue Reading →
(epbr) The entry of multiple hydrogen production routes, with the participation of fossils and renewables, can contribute to the expansion of the use of natural gas in the Brazilian energy transition strategy. The Energy Research Company (EPE) should publish technical notes in the coming days on the prospects for producing three colors of hydrogen in... Continue Reading →
(Reuters) - Equinor (EQNR.OL) will book a loss from gas derivatives of between $1.4 billion and $1.5 billion for the final quarter of 2021, in line with previous statements that some third-quarter profits would be reversed, the energy company said on Tuesday. Norway's largest company on Oct. 27 reported a surge in July-September earnings, driven by a global... Continue Reading →
(Reuters) - Royal Dutch Shell said it will pursue "at pace" a $7 billion share buyback largely funded from the sale of its U.S. shale business as it faces liquefied natural gas (LNG) outages and slower fuel sales due to the economic hit from Omicron. Shares in Shell (RDSa.L), the world's largest trader of LNG, were... Continue Reading →
(OE) Italian offshore energy services firm Saipem has chartered Edda Accommodation's Edda Fides offshore accommodation vessel. The contract, starting in the second half of 2022 is for the Edda Fides' deployment in the Mauritania/Senegal joint maritime zone where it will support work on the Tortue field development. The contract is firm for a period of... Continue Reading →
Changes in the organization of the future second largest thermoelectric plant in Brazil. The Administrative Council for Economic Defense (CADE) approved the sale of Prumo Logística's stake in the Gás Natural Açu II (GNA II) plant, which is currently under construction at Porto do Açu, in São João da Barra (RJ). With the transaction, Prumo... Continue Reading →
Brazil Energy Insight 