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(OE) Energy company Saipem’s performance in 2024 confirms, for the third consecutive year, a trajectory of growth and margin recovery for the group, as well as an acceleration in cash flow generation and the strengthening of the company’s balance sheet. Revenue stood at €14.5 billion in 2024, and EBITDA adjusted at €1.3 billion, corresponding to... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras informs that it has signed the following agreements with Banco do Brasil (BB): (i) The contracting of two Export Credit Notes (ECN) with sustainability commitments, one valued at R$ 3.5 billion and the other at R$ 3 billion, both maturing in 2032; (ii) Renewal of a Revolving Credit Facility (RCF)... Continue Reading →
(offshoreWIND.biz) The New York State Energy Research and Development Authority (NYSERDA) is currently conducting consultation with the offshore wind market on the design of the state’s sixth solicitation which could be launched in the first quarter of 2026. The consultation primarily concerns the possibility of procuring “generation-only” projects where the (offshore) grid connections would be... Continue Reading →
Exail is proud to announce the first sale of its DriX O-16, a transoceanic Uncrewed Surface Vessel (USV). Designed for long-range maritime operations, it has been acquired by an Indo-Pacific customer operating in the civil sector. Equipped with advanced sensors, including a full-depth Multibeam Echosounder, the DriX O-16 enables operators to collect precise data for... Continue Reading →
(TN) Port of Açu and Yamna, an English company specialized in the production of green hydrogen and its derivatives, have signed an agreement to reserve an area in the low-carbon hub of Port of Açu, located in the North of Rio de Janeiro, for the implementation of a green ammonia plant. The port complex is... Continue Reading →
Petrobras informs that it has begun operation of the atmospheric emissions reduction unit (SNOX) at the Abreu e Lima refinery (RNEST), located in the city of Ipojuca, in the Brazilian state of Pernambuco. The emissions reduction will allow the refinery to increase its current processing by 27,000 barrels per day (bpd), in compliance with theemissions... Continue Reading →
Petróleo Brasileiro S.A. - Petrobras informs that it will return to the Dow Jones Sustainability Index World (DJSI World) of S&P Global's Corporate Sustainability Assessment as of February 2025. This year, the company qualified for the index by outstanding performance in the criteria related to water resource management, human capital management, community relations and climate... Continue Reading →
Petrobras has signed contracts worth R$16.5 billion for the construction and chartering of 12 Platform Supply Vessels (PSV). Of the total value of the contracts, R$5.2 billion are earmarked for investments in shipbuilding in Brazil. These vessels will be essential for the company's Exploration and Production logistics operations until 2028. The contracts, signed with the... Continue Reading →
ELIRE Infra, a revolutionary innovation company, operating at the intersection of infrastructure, mobility and clean energy, has announced today, its pioneering ‘Smart Hubs’ - modular, multi-purpose and scalable infrastructure solutions, designed to accelerate decarbonisation across ports, harbours, waterways, and the industries they support. ELIRE Infra’s Smart Hubs address critical infrastructure challenges by offering a sustainable,... Continue Reading →
(ceara.gov.br) With great local potential for renewable energy generation, the Ceara government signed a memorandum of understanding (MoU) with the company CGN Brasil Energia (CGNBE), part of the CGN Group, one of the largest in China, for collaboration in the development of solar and wind energy projects and the green hydrogen chain. Governor Elmano de... Continue Reading →
Brazil Energy Insight 