Brazil’s Ministry of Mines and Energy wants to advance debates on criteria for choosing and disputing areas for offshore wind farms

The Ministry of Mines and Energy (MME) will begin to evaluate the regulation of parameters for the selection of areas destined for offshore wind generation projects, according to the ministry's Secretary of Energy Transition and Planning, Thiago Barral. The executive also said that the ministry will discuss criteria so that the auctions for areas considers... Continue Reading →

March 27, 2024 0

TotalEnergies moving at full tilt to sanction giant oil project off Suriname by year-end

(OET( France’s energy giant TotalEnergies is going full steam ahead with its plans to take a final investment decision (FID) for a large oil project in Block 58 off the coast of Suriname by the end of 2024. Following the appraisal of two main oil discoveries – Sapakara South and Krabdagu – in Block 58, combined recoverable resources of close to 700... Continue Reading →

February 27, 2024 0

Petrobras enters in direct negotiations with Seatrium for the construction of FPSOs P-84 and P-85

(PN) Petrobras is in direct negotiations with Seatrium (a company formed by the merger between Sembcorp Marine and Keppel Offshore) for the construction of platform ships (FPSOs) P-84 and P-85. The vessels will be installed by Petrobras in the Atapu and Sépia fields, respectively, both located in the pre-salt of the Santos Basin. In Brazil,... Continue Reading →

January 27, 2024 0

Lula Asks Petrobras to Tweak Investment Plan

(Reuters) Brazil's leftist President Luiz Inacio Lula da Silva pressed the head of state-run oil firm Petrobras, Jean Paul Prates, to modify the company's 2024-2028 investment plan to prioritize local job creation, five sources told Reuters. Lula's requests to Prates may raise fresh fears of political interference in the company, which under previous administrations has... Continue Reading →

November 20, 2023 0

Petrobras clarifies the new FPSO project for the Barracuda and Caratinga fields

Regarding the new FPSO-type platform project for the Barracuda and Caratinga fields, Petrobras clarifies that the unit is one of six already planned within the Campos Basin Renewal Program. The first two FPSOs – Anita Garibaldi and Anna Nery – started oil production in 2023. Within Petrobras' governance, in stages of project maturity evolution, it... Continue Reading →

August 23, 2023 0

‘Myths around floating wind power don’t help anyone – it’s time to debunk them’

(RE) Floating offshore wind (FLOW) has long been hailed as the pivotal technology for the globalisation of offshore wind. It will unlock vast new areas of sea with high wind speeds, enabling offshore to reach over 1,500GW of operational capacity by 2050. Without cost-effective FLOW, there is unlikely to be any significant offshore wind development... Continue Reading →

June 11, 2023 0

Petrobras Will Only Build Part of Offshore Oil Platforms in Brazil, Top Executive Says

Petrobras will not do all of its shipbuilding work in Brazil, a top executive said, dashing industry hopes the state-controlled oil firm would review its awarding process to spur job creation. Steel groups, shipping unions and 14 other organizations which backed the election of President Luiz Inacio Lula da Silva are pressing the government for... Continue Reading →

May 8, 2023 0

FUP submits a proposal to increase local content on Petrobras FPSOs to Lula

The Single Federation of Petroleum Workers (FUP) sent President Lula and the President of Petrobras, Jean Paul Prates, a proposal that provides for an increase in the level of national content in orders for Petrobras FPSOs. According to the union, the objective is to stimulate the development of the local chain of suppliers of goods,... Continue Reading →

February 10, 2023 0

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