Brought to you by Quest Offshore & Southern Cone Consultants
PRIO S.A. ("Company" or "PRIO") (B3: PRIO3), in addition to the material fact released on November 3, 2022, informs its shareholders and the market in general that, on this date, received the payment regarding the conclusion of the sale of its 10% interest in the Manati Field ("Field" or "Manati") to Gas Bridge Storage S.A.... Continue Reading →
(OW) Fifty entities, including individual companies and consortia, from more than ten countries have submitted their expressions of interest to develop offshore wind projects in Portugal as the country prepares for its first auction. The number of interested parties reflects the high interest and attractiveness that the Portuguese offshore wind market presents on the international... Continue Reading →
(Reuters) Venezuela's state-run oil company PDVSA is offering to sell up to 1 million barrels of Corocoro crude through an intermediary, sources said on Wednesday, which could become the first sale of that grade in two years. Since Washington temporarily eased oil sanctions on the country last month, PDVSA has been allocating spot cargoes of... Continue Reading →
(Reuters) - Britain will increase the guaranteed price offered for offshore wind projects in its next renewables auction by 66%, the government said on Thursday, as it seeks to spur more projects after its last auction failed to attract any offshore wind investment. Britain, which is already the world’s second largest offshore wind market after... Continue Reading →
(Reuters) Seven groups of energy companies have sought pre-qualification for Norway's first commercial offshore wind farm tender, the government said on Wednesday, while several others dropped out of the race as soaring costs dampened interest. The tender offers the opportunity to build bottom-fixed wind turbines in the North Sea with a capacity of 1.5 gigawatts,... Continue Reading →
(OW) The Ventyr Energy consortium has submitted the application to prequalify for the development of the Sørlige Nordsjø II (Southern North Sea II) area in the Norwegian North Sea. In addition, Ventyr unveiled that Ingka Investments is to join the consortium. The Ventyr Energy consortium was first established as a partnership between Belgian offshore wind... Continue Reading →
The National Petroleum Agency (ANP) approved the declaration of commerciality for the Manjuba field, in the Campos Basin. The field was created from the North Brava block, operated by Petrobras (100%). As a reminder, the North Brava block was acquired by Petrobras in December last year, in the first cycle of the Permanent Sharing Offer.... Continue Reading →
(Reuters) - Ecuador state oil company Petroecuador said on Monday it plans to shut down a large drilling project in the Yasuni ecological reserve in the Amazon rainforest next August, following a referendum to end it to protect nature and indigenous people. Petroecuador CEO Reinaldo Armijos told reporters the company has a plan for the... Continue Reading →
(OE) Britain's Crown Estate said Thursday it was taking steps to enable the generation of up to an additional 4GW of green electricity from several offshore wind farm projects in development within the timeframe of the UK government’s offshore wind target of 50GW by 2030. The Crown Estate, which manages the seabed and much of... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras informs that the Riograndense Petroleum Refinery (RPR) has reached a historic milestone by processing 100% soybean oil in an industrial refining unit for the first time. The test, carried out between the end of October and the beginning of November, opens a new world frontier for biorefining. The technology, developed... Continue Reading →
Brazil Energy Insight 