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(Reuters) - Brazil state-run firm Petrobras (PETR4.SA), opens new tab plans to bring oil production at its Tupi oil field back to 1 million barrels per day by 2027 as it plans new investments in the asset, its director for exploration and production said on Thursday. Located in deep waters offshore, Tupi is Brazil's largest oil field... Continue Reading →
(Reuters) – Eletrobras (ELET3) has entered into a partnership with Ocean Winds, a joint venture between Engie and EDP Renováveis dedicated to offshore wind energy, to study the development of offshore wind projects in Brazil. The memorandum of understanding signed by the companies on Tuesday provides for the sharing of knowledge and joint work on... Continue Reading →
The ANP Board approved the geological and economic studies related to three exploratory blocks located in the Pre-Salt of the Santos Basin: Quartz, Calcedonia and Opala. The studies are part of the second project, called the Opala project, related to the Strategic Calendar of Geological and Economic Assessments for the Pre-Salt Polygon, established by the... Continue Reading →
BRAVA ENERGIA (“BRAVA”) (B3: BRAV3) (“Company”), pursuant the provisions of CVM Resolution No. 44, hereby informs its investors and the market in general about updates on Papa-Terra and Atlanta fields: I. Papa-Terra On October 18, 2024, the National Agency of Petroleum, Natural Gas and Biofuels (“ANP”) authorized, by means of an Official Letter, the Company's... Continue Reading →
(OE) Community Offshore Wind, a joint venture of RWE and National Grid Ventures (NGV), has submitted its full proposal for a 2.8 GW offshore wind project in New York. If selected, the proposed project could deliver up to 2.8 GW of new clean energy capacity, built in two phases in the developer’s federal offshore wind... Continue Reading →
(Investing.com) On Monday, Ocean Wilsons Holdings Ltd. announced the sale of its majority stake in Wilson Sons S.A. to MSC Mediterranean Shipping Company's subsidiary, SAS Shipping Agencies Services Sàrl, for a total cash consideration of R$4.352 billion. This equates to R$17.50 per share and represents Ocean Wilsons' 56.47% interest in the Brazilian maritime logistics operator.... Continue Reading →
(OE) Brazil’s Federal court has annulled a two-year ban imposed on Saipem’s two business units on from contracting with the Brazilian public administration. The decision to prohibit Saipem’s two businesses was taken due to alleged irregularities in the award of a contract related to gas pipelines, dating back to 2011. According to Saipem, the court... Continue Reading →
(Reuters) - Energy firms TotalEnergies, Qatar Energy, Petronas , Cybele Energy, Delcorp and International Group Investment have reached agreements with Guyana over terms of production sharing deals to explore five oil and gas offshore blocks, the energy ministry said on Wednesday. A tender launched in 2022 for areas in shallow and deep waters led to... Continue Reading →
It has been announced that Inyanga Marine Energy Group is taking over the D10 tidal turbine in France. The D10 tidal turbine was the first grid-connected tidal turbine in France, initially deployed in 2015. It is located in the Fromveur Passage, off the coast of Brittany, and provides clean sustainable energy to the remote island... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras, following up on Communication of December 13, 2023 and August, 30, 2024, informs that it has signed the three remaining concession contracts from the 4th Permanent Concession Offer Cycle, acquired in partnership with Shell and CNOOC, at the public session held by the National Agency of Petroleum, Natural Gas and... Continue Reading →
Brazil Energy Insight 