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SSE Renewables and Equinor are looking into building what would be the fourth part of Dogger Bank Wind Farm, the world’s largest offshore wind farm, whose three phases (A, B and C) are currently under construction. Surveys are now underway at an offshore site where the partners want to develop Dogger Bank D, which would... Continue Reading →
(Reuters) - African countries will use the COP27 climate talks in Egypt next month to advocate for a common energy position that sees fossil fuels as necessary to expanding economies and electricity access, the continent's top energy official said on Tuesday. The African position, criticised by environmental groups, could overshadow global climate talks in Sharm... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras, following up on the release disclosed on 12/22/2021, informs that, as part of the actions taken to open the Brazilian natural gas market, signed, in 09/30/2022, with Nova Transportadora do Sudeste S.A. (NTS) the Flexibility Reduction Agreement to be used by Petrobras (Agreement) and amendments to the Malha Sudeste, Malha... Continue Reading →
Petro Rio S.A. ("PRIO") (B3: PRIO3) informs that the Board of Directors approved the acquisition of up to 5.43% of the total shares issued by PRIO ("Share Buyback Program"). The Share Buyback may occur in one or more operations, and PRIO's Board of Directors will define the volumes in due course, considering the following conditions:... Continue Reading →
Petro Rio S.A. (PRIO”), following the Material Fact disclosed on the September 1st, 2022, informs its shareholders and the market in general that, on October 1, 2022, the Company’s Board of Directors approved, and the managements of the Company, as consenting intervening party, and of Dommo Energia S.A (“Dommo”) and Petro Rio OPCO Exploração Petrolífera... Continue Reading →
(OM) News from Rio Oil & Gas 2022 is upbeat about the prospects for offshore E&P, according to Evercore ISI’s most recent Offshore Oracle report, with many international operators offering updates on their upcoming projects slated offshore Brazil. Added to that was Exxon Mobil’s announcement that $13 trillion in new oil and gas investments will be... Continue Reading →
(OED) Swedish firm Vattenfall has obtained the right to develop the N-7.2 offshore wind power project off the German North Sea coast. The project is expected to generate enough electricity to power the equivalent oif more than one million German households. As part of the tender process for the construction of a large wind farm... Continue Reading →
About 157,706 barrels, or 9%, of oil production in the U.S. Gulf of Mexico were shut on Wednesday by Hurricane Ian, said offshore regulator Bureau of Safety and Environmental Enforcement. Hurricane Ian was lashing Florida's Gulf Coast with powerful winds and drenching rain, but the Category 5 storm steered clear of the Gulf's richest oil production areas. ... Continue Reading →
(U) Petrobras is confident of getting over the final hurdle and obtaining environmental permits to drill at a location close to the maritime frontier of French Guiana Brazil's Petrobras is set to conduct a pre-operational simulation as the final step to obtaining environmental permits to drill a landmark wildcat in the northern Brazilian offshore play... Continue Reading →
(U) Equinor is set to sanction development of the giant Pao de Acucar gas condensate field on Block BM-C-33 in Brazil’s Campos basin, according to an executive with the Norwegian major. "It will be soon," Ana Serrano Onate, Equinor's senior vice president for petroleum technology, told Upstream when quizzed about the timing of a long-awaited... Continue Reading →
Brazil Energy Insight 