Mar 4, 2020 Petrobras decided to suspend the pilot project for offshore wind generation in the Ubarana field, in the Potiguar Basin, on the coast of Rio Grande do Norte. The decision was communicated to Ibama, responsible for the environmental licensing of the project, at the end of January. In a letter sent to the... Continue Reading →
Equinor plans high impact wells in Brazil
February 7, 2020 Brazil will receive 10% of the Norwegian oil company's investments in the next two years Equinor plans to drill five high-impact exploratory wells in Brazil over the next two years, the company's vice president and chief financial officer, Lars Christian Bacher, said on Thursday during a conference call with analysts. High-impact wells... Continue Reading →
Offshore to Constitute 25% of Wind Demand
Offshore wind will constitute 25% of total wind demand in 2028, up from 10% in 2019 and will narrow the gap with offshore upstream oil and gas in terms of capital expenditure deployment, said the analyst firm Wood Mackenzie. The possibility of offshore wind becoming cheaper than coal, gas and nuclear in most major countries... Continue Reading →
Equinor plans to halve carbon intensity by 2050
Norwegian oil major Equinor has launched a new climate roadmap for the upcoming period of energy transition, in line with the Paris Agreement. Equinor said on Thursday that it would reduce the net carbon intensity, from initial production to final consumption, of energy produced by at least 50 percent by 2050. Also, it would grow... Continue Reading →
Natural gas and the energy transition
February 5, 2020 If regulatory and economic conditions are not created quickly, Brazil will renounce a fundamental energy source Today the world is going through an energy transition phase, where the trend is the growth of renewable energy sources (water, wind, solar, waves, currents), with the progressive replacement of fossil energy sources (coal, oil and... Continue Reading →
Petrobras releases teasers for sale of wind power plants
January 31, 2020 Petróleo Brasileiro S.A. - Petrobras reports that it has started the opportunity disclosure stage (teaser), regarding the sales of all of its equity stakes in the companies Eólica Mangue Seco 1 and Eólica Mangue Seco 2, owners of wind power generation plants. The teasers, which contain key information about the assets, as... Continue Reading →
Petrobras/Ubarana has pilot project for offshore wind – Shallow Water divestments
Jan 30, 2020 In 2016, the National Petroleum Agency (ANP) extended the concession contract for the Ubarana field until 2034. It is also there that Petrobras intends to install its first offshore wind project in the country, with a wind turbine tower, an anemometric tower and an electric-optical umbilical submarine cable approximately 1 km long,... Continue Reading →
Brazil has 700 GW offshore wind energy technical potential, says EPE
Jan 27, 2020 According to a study by the Energy Research Company (EPE), linked to the Ministry of Mines and Energy, the technical potential for generating wind energy in Brazil at sea is 700 GW. The document was prepared after six environmental licensing processes for the construction of offshore wind farms were opened at the... Continue Reading →
IEA: Oil Firms Must Step Up Climate Efforts
Oil and gas companies are facing a critical challenge as the world increasingly shifts towards clean energy transition, and failure to address growing calls to reduce greenhouse gas emissions could threaten their long-term social acceptability and profitability, the International Energy Agency said Tuesday. The oil and gas industry now needs to make clear what clean... Continue Reading →
Ibama opens consultation to model offshore wind licensing in Brazil
January 7, 2020 Ibama has opened a public consultation to receive contributions for the publication of the Model Term of Reference (TR) that will indicate the ways for the preparation of Environmental Impact Studies of offshore wind projects in the country. Contributions can be sent to the environmental agency until April 3. The reference term... Continue Reading →