(U) Brazilian oil giant Petrobras is preparing a pilot project for the capture and storage of industrial carbon dioxide emissions and is looking to build partnerships for a first full-scale CCS hub for the country. While international peers such as ExxonMobil, Chevron, BP and Equinor are already working toward industrial CCS projects in the US... Continue Reading →
Petrobras on Bahia Terra production
Petróleo Brasileiro S.A. - Petrobras, following up on the releases disclosed on 03/31/2023 , 03/14/2023 and 04/13/2023, informs that it obtained, last Friday, 04/28/2023, authorization from the National Agency of Petroleum, Natural Gas and Biofuels (ANP) to resume production from 6 more facilities located in the fields of Taquipe, Buracica, Fazenda Alvorada, Rio do Bu,... Continue Reading →
OTC: Petrobras highlights the potential of offshore wind in Brazil
Brazil has all the favorable conditions to lead the global development of offshore wind energy. To get an idea, the country's estimated generation potential is 700 GW in offshore locations with depths of up to 50 meters - a volume that corresponds to more than 30 times the installed generation capacity in the world today... Continue Reading →
Partnership Launched to Boost Efficiency and Lower Emissions from FPSOs
(OE) Oilfield services firm SLB, Rockwell Automation, Sensia, and Cognite on Monday announced a collaboration that they say will "accelerate the evolution" of the offshore industry’s floating production storage and offloading (FPSO) facilities. According to a press statement issued by SLB, until recently known as Schlumberger, digital capabilities developed by the four-company coalition will improve... Continue Reading →
Brazil’s Petrobras to keep stake in Colombia’s deepwater block Tayrona
(Reuters) - Brazil's state-controlled oil company Petrobras (PETR4.SA) has abandoned a plan to sell its 44% stake in a promising offshore gas project it shares with Colombia's Ecopetrol (ECO.CN) in the Andean country, a Petrobras executive said at a Houston energy conference on Monday. Petrobras and Ecopetrol last year announced a natural gas discovery at the Uchuva-1 deepwater well... Continue Reading →
Foz do Amazonas: understand what is at stake in the new oil exploration frontier
(epbr) The equatorial margin, the region where the promising Foz do Amazonas Basin is located, has already been called the "new pre-salt layer" by the Minister of Mines and Energy, Alexandre Silveira (PSD), and is an important part of Petrobras' exploratory strategy in the coming years. years. But, due to lack of environmental licensing, no... Continue Reading →
Brazil agency recommends barring Petrobras from drilling in Amazon’s mouth
Reuters) - Brazilian environmental agency Ibama has recommended the rejection of state-run oil firm Petrobras' (PETR4.SA) request to drill a well in the mouth of the Amazon River Basin, documents seen by Reuters showed on Friday. Signed last week by several environmental analysts from Ibama, the report also recommended the agency stop processing environmental licenses for the... Continue Reading →
Petrobras on shareholders remuneration
– Petróleo Brasileiro S.A. - Petrobras, following the press release disclosed on March 1, 2023, informs that, in a meeting held today, the Annual General Meeting (AGM) approved the distribution of dividends relating to the 2022 fiscal year in the amount of R$17.06202044 per outstanding share (common or preferred). This amount includes payments already made... Continue Reading →
ABB Provide Electrical System Automation for Petrobras’ P-82 FPSO
(OE) Singapore's Sembcorp Marine has ordered from ABB the complete electrical system automation for the P-82 FPSO Sembcorp Marine is building for the Brazilian oil company Petrobras. The P-82 FPSO, ordered by Petrobras in October 2022, will be one of the largest vessels to be deployed in the Búzios field, an ultra-deepwater oil and gas field... Continue Reading →
Brazilian innovation centre requests license for offshore wind test site
(OEP) A research, innovation and development centre in Brazil, focused on renewable energy and sustainability, has submitted an application for a test site for offshore wind to the country’s Institute for the Environment and Natural Resources (IBAMA). In the latest update to the map (and the list) of offshore wind projects for which environmental investigation licences have... Continue Reading →