(EV) BlackRock will pay $3bn in cash, with around $9.48bn in 12 million BlackRock shares. GIP is an investor in a number of infrastructure assets, including a wide array of energy projects around the world. BlackRock said GIP had more than $100bn in assets under management (AUM). After closing, the investor would have around $150bn... Continue Reading →
Enbridge eyes France for offshore wind investments and will avoid US
(Reuters) - Canadian pipeline company Enbridge (ENB.TO) is keen on further offshore wind investments in France, but will avoid the United States, where cost and supply chain problems have contributed to offshore projects collapsing, a senior executive said. Rising costs have led to canceled projects in the U.S. and Britain while putting others at risk. The setbacks... Continue Reading →
Petrobras on natural gas flow and processing
Petróleo Brasileiro S.A. – Petrobras informs that together with Equinor Energy do Brasil Ltda. (Equinor) signed the contracts for the Campos Basin Integrated Natural Gas Flow System (SIE-BC) and access to the Cabiúnas Gas Treatment Unit (UTGCAB). With the signing of these contracts, Equinor will be able to transport natural gas from the Roncador field,... Continue Reading →
Engie Brasil sells 15% stake in gas pipeline firm TAG to Canada’s CDPQ
(Reuters) - Engie Brasil (EGIE3.SA) said on Thursday it had reached a deal to sell a 15% stake in natural gas pipeline firm TAG to Canadian investment fund Caisse de Depot et Placement du Quebec (CDPQ) for 3.1 billion reais ($641 million). CDPQ, Canada's No.2 pension fund manager with C$424 billion ($320.60 billion) under management, will raise... Continue Reading →
Equinor signs LI with Azevedo & Travassos to build onshore gas pipeline in Macae
(PN) The Norwegian oil company Equinor signed a letter of intent with the Brazilian construction company Azevedo & Travassos (A&T) for the works on the 4.5 km onshore section of the gas pipeline that will transport production from the Raia Project, in the Campos Basin. Construction will be carried out in Macaé (RJ), under the... Continue Reading →
Petrobras approves Strategic Plan 2024-2028+
Petróleo Brasileiro S.A. – Petrobras informs that its Board of Directors approved, at a meeting held today, the Strategic Plan for the five-year period 2024-2028 (SP 2024-28+), planning to invest US$ 102 billion over the next five years. The first plan of this administration, the SP 2024-28+ aims to prepare Petrobras for the future and... Continue Reading →
Petrobras breaks the record for processing pre-salt natural gas
(TN) The Caraguatatuba (UTGCA) and Cabiúnas (UTGCAB) natural gas processing units, belonging to Petrobras, broke a gas processing record from the Santos Basin Pre-Salt, in September. During the period, the mark of 28.96 million m³/d of gas was reached, surpassing the previous record of 27.27 million m³/d reached in March 2022. Currently, gas from the... Continue Reading →
PAC 2023: Petrobras will have 47 projects with investments of up to BRL 323 billion
(PN) Petrobras will have 47 projects included in the new Growth Acceleration Program (PAC), launched this Friday, in Rio de Janeiro, by President Luiz Inácio Lula da Silva. The company's investments in PAC 2023 amount to R$ 323 billion. The president of Petrobras, Jean Paul Prates, highlighted, among them, pre-salt production systems, revitalization of conventional... Continue Reading →
3R Petroleum targets partnerships and divestments in infrastructure in Guamaré – Potiguar Cluster
(epbr) After taking over the operation of the Potiguar Cluster in June, 3R Petroleum is now seeking partnerships and divestments of some assets that make up the industrial asset of Guamaré (RN), said this the company's financial director, Rodrigo Pizarro . The executive also ruled out, for the time being, plans to increase the capacity... Continue Reading →
TotalEnergies signs memorandum for offshore wind projects with the Government of Rio de Janeiro
TotalEnergies and the Government of Rio de Janeiro announced the signing of the Memorandum of Understanding (MoU) to collaborate with the development of offshore wind generation in the State. The agreement, which lasts for 2 years, includes the company's collaboration in studies related to fiscal and tax incentives and the expansion of the GRID system... Continue Reading →