Petrobras on Bahia Terra production

Petróleo Brasileiro S.A. – Petrobras, following up on the release disclosed on March 14, 2023, informs that it obtained, on Friday (03/31), authorization from the National Agency of Petroleum, Natural Gas and Biofuels (ANP) to resume production from the Araçás field, located in the Bahia Terra Cluster. Thus, the company started the execution of operational... Continue Reading →

CIP signs 2GW of Philippines offshore contracts

(RN) CIP, through its New Markets Fund, and the Philippines Government have signed a series of Offshore Wind Service Contracts with aggregate capacity estimated at 2GW.  The fund signed the 25-year contracts with the Department of Energy, making CIP the first company to venture on a 100% foreign-owned basis into offshore wind development in the... Continue Reading →

Petrobras on the divestment processes in progress

Petróleo Brasileiro S.A. – Petrobras, following up on the release disclosed to the market on 03/17/2023, informs that it received Official Letter 257/2023/GM-MME from the Ministry of Mines and Energy (MME), on today's date, in the following terms: 1. Petrobras disclosed a material fact on March 17, 2023, informing that its Executive Board forwarded, for... Continue Reading →

Approval Granted for Floating Wind Platform that Includes Fish Farm

China Longyuan Electric Power Group Corporation has received Approval in Principle from China Classification Society (CCS) for its floating wind foundation design that incorporates a fish farm. The concept aims to achieve multi-space, multi-level sharing of ocean space, particularly as offshore wind power development gradually moves towards deeper waters. An installation is planned in the... Continue Reading →

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