(Reuters) - Brazil's federal audit court (TCU) on Monday said it has found irregularities in a contract between state-run oil company Petrobras (PETR4.SA), opens new tab and chemical company Unigel, according to a preliminary review scrutinizing a deal to boost domestic fertilizer output. Petrobras agreed recently to supply natural gas for Unigel to produce nitrogen fertilizers at... Continue Reading →
Petrobras signs agreement with ANP
Petróleo Brasileiro S.A. – Petrobras, following up on the release disclosed on April 26, 2023, informs that it has signed an agreement with the National Agency of Petroleum, Natural Gas and Biofuels (ANP) to terminate the lawsuit involving the recalculation of government take (royalties and special participation) related to oil production in the Jubarte Field,... Continue Reading →
Petrobras on the Equatorial Margin
In relation to the article published in the press this Tuesday (30/01) about Ibama predicting maximum environmental impact in oil exploration in Foz do Amazonas, Petrobras clarifies: Degree of impact: Firstly, we would like to clarify that Decree 6,848/09 establishes the guidelines for calculating the degree of impact of the activity, for the purpose of... Continue Reading →
CIP Inks MoU for Floating Offshore Wind Structures in South Korea
(OW) Denmark-headquartered Copenhagen Infrastructure Partners (CIP) has signed a memorandum of understanding (MoU) with HSG Sungdong for the floating wind structures for its 1.5 GW Haewoori offshore wind project in South Korea. Under the non-binding MoU, the two companies plan to establish a partnership to explore opportunities to optimise the fabrication of floating foundations to... Continue Reading →
Petrobras informs on receipt of earnout from Sépia and Atapu
Petróleo Brasileiro S.A. – Petrobras informs that it has received, in cash, an amount of R$ 1.819 billion, referring to the complement of the firm compensation (earnout) of the 2023, from the Sépia and Atapu blocks. The amount already includes the gross-up of the taxes levied on the 28%, 21% and 21% stakes held by TotalEnergies... Continue Reading →
Coastal Virginia Offshore Wind Farm Gets Final Federal Blessing
(OE) Dominion Energy, the developer of Coastal Virginia Offshore Wind (CVOW) farm, has secured the last two major federal approvals needed to begin the construction of the 2.6 GW project. The approvals are keeping the largest offshore wind farm in the United States on schedule to generate clean, renewable energy to power up to 660,000... Continue Reading →
BlueFloat, Renantis and Ørsted Move Forward with 1 GW Scottish Floater
(OW) Stromar Offshore Wind Farm Limited, a joint venture between Ørsted, BlueFloat Energy, and Renantis, has submitted the environmental impact assessment (EIA) scoping and habitats regulations appraisal (HRA) screening reports for the 1 GW floating offshore wind farm in Scotland. The reports for the project, which is located approximately 50 kilometres from the Port of... Continue Reading →
TotalEnergies submits four more licensing applications for additional 12.1 GW for offshore wind projects in Brazil
(epbr) TotalEnergies submitted four more licensing applications at IBAMA for offshore wind farms off the Brazilian coast. Together, the projects in Rio de Janeiro, Rio Grande do Norte, Rio Grande do Sul and Piauí total 12.1 GW in installed capacity. The oil company already has another 9 GW in three offshore wind projects under licensing.... Continue Reading →
Funding announced for first-in-class low-carbon installation vessel for floating offshore wind
The UK Government has awarded funding to a consortium led by Morek Engineeringto design a new class of low-carbon installation vessel for the floating offshore windmarket.The consortium has won the funding through the UK Government’s Clean MaritimeDemonstration Competition based on their proven track record in innovative vessel designand delivery of complex offshore operations. The consortium... Continue Reading →
Equinor Files Application for Empire Wind 1 to New York Solicitation
Norway's Equinor has submitted a bid for ‘shovel-ready’ Empire Wind 1 offshore wind project to New York’s expedited fourth wind solicitation. If awarded, Empire Wind 1 is expected to provide first power in 2026, and will be able to deliver renewable power to more than half a million New York home, according to Equinor. Already several years into development,... Continue Reading →