BRAVA ENERGIA S.A. (“Brava” or “Company”) (B3: BRAV3), pursuant to CVM Resolution No. 44, hereby informs its investors and the market in general about the publication of the Reserve Certification Reports for the Company's main assets, with a reference date of December 31, 2024 ("Certification 2025"), prepared by the independent specialized consultancies DeGolyer and MacNaughton... Continue Reading →
China’s First Offshore Hydrogen-Ammonia-Methanol Platform Starts Operating
(OE) China's first integrated offshore hydrogen-ammonia-methanol project, which will produce clean fuels for ships, has entered the trial operation phase in Yantai, in eastern Chinse province of Shandong. Jointly developed by CHN Energy Hydrogen Energy Technology, CIMC Raffles and Guoneng Hydrogen Innovation Technology (Beijing), the initiative represents the nation’s first comprehensive demonstration project for offshore... Continue Reading →
Exxon consortium to begin installation of floating oil facility in Guyana
(Reuters) - A consortium led by U.S. oil major Exxon Mobil is about to begin installing its fourth floating oil production facility in Guyana, the South American country's maritime regulator said in a notice on Tuesday. The floating production storage and offloading (FPSO) facility 'One Guyana,' built by SBM Offshore with a 250,000 barrel-per-day capacity, departed Singapore... Continue Reading →
Blocks in the Foz do Amazonas Basin enter the ANP’s Permanent Offer Cycle for the first time
The National Petroleum Agency (ANP) revealed today the blocks that will be part of the 5th Cycle of the Permanent Concession Offer (OPC), which will take place on June 17. In all, 16 blocks will be offered, in five sedimentary basins – four offshore and one onshore. One of the new features is the inclusion... Continue Reading →
Gazelle Gets Clearance for Floating Wind Demonstrator off Portugal
(OE) Gazelle Wind Power, a Dublin-based floating wind developer, has secured a 10-year TUPEM (Titulo de Utilizacao Privativa do Espaco Marítimo) authorization, clearing the way for the deployment of its 2 MW Nau Azul floating wind demonstrator project off Portugal. Issued by Portugal’s Directorate-General for Natural Resources, Safety and Maritime Services (DGRM), the TUPEM authorization... Continue Reading →
Ireland commits to more offshore wind auctions despite industry turmoil
(Reuters) - Ireland will go ahead with at least three more offshore wind auctions by the end of this decade, its marine minister told Reuters on Thursday, adding that it was unlikely the country would meet its target of 80% of electricity generation from renewable sources by 2030. The commitment to offshore wind comes despite... Continue Reading →
Exclusive: Brazil prepares new oil auction as trade war threatens budget, sources say
(Reuters) - Brazil's government is preparing an extra auction this year of stakes in offshore oil areas to boost revenue, a plan gaining steam amid falling oil prices and rising global trade uncertainty, said four people familiar with the matter. Two of the sources, who spoke on condition of anonymity, said the auction will involve... Continue Reading →
Norwegian Gov’t Progresses Subsidy Model for Utsira Nord, Plans to Launch Floating Wind Tender After ESA Approval
(offshoreWIND.biz) The Norwegian Ministry of Energy has notified the European Free Trade Association’s (EFTA) Surveillance Authority (ESA) of the support model for a floating wind project in the Utsira Nord area and expects to open the tender for the area as soon as ESA has approved the model. The tender will be carried out in... Continue Reading →
Brava Energia March 2025 Production Data
BRAVA ENERGIA S.A. (“BRAVA” or “Company”) (B3: BRAV3), informs its investors and the market in general the preliminary and unaudited production data for the month of March 2025. (1) Papa-Terra: On April 16, 2024, 3R Offshore exercised, in accordance with the provisions of the Joint Operating Agreement (JOA), the right of compulsory assignment (forfeiture) of... Continue Reading →
Celtic Sea Floating Wind Seabed Leasing Round Moves to Final Stage
(offshoreWIND.biz) On 7 April, The Crown Estate announced that the plans for a new generation of floating wind farms off the coasts of Wales and South West England moved a step closer as the leasing round for three sites in the Celtic Sea entered its final stages. Additionally, the companies bidding to build the projects... Continue Reading →