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Petróleo Brasileiro S.A. – Petrobras announces that it has started operations at a new Diesel Hydrotreatment Unit at the Paulínia Refinery (Replan), in São Paulo. The operation began three months ahead of the date originally scheduled in the feasibility study, and the project was executed within the approved investment level at the time. With the... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras, in relation to reports in the press about negotiations to refinance tax disputes with the state of Rio de Janeiro, clarifies that the amounts mentioned in the reports are not debt, but rather amounts under discussion in administrative and judicial proceedings, motivated by differences of understanding between the state tax... Continue Reading →
Inyanga Marine Energy Group has awarded the fabrication contract to build its HydroWing tidal energy device to Hutchinson Engineering. The 20 MW HydroWing tidal energy array will be deployed at Morlais off Anglesey in Wales, one of the largest consented tidal energy projects in Europe. The contract with Hutchinson Engineering covers the fabrication of the... Continue Reading →
(offshore-energy.biz) Netherlands-based SBM Offshore, a provider of the design, construction, installation, and operation of offshore floating facilities, has crossed off the task list the mooring of its new floating production, storage, and offloading (FPSO) vessel, which will enable the start of production from ExxonMobil’s fourth oil project in the Stabroek block off the coast of Guyana.... Continue Reading →
(PN) The National Petroleum Agency (ANP) is advancing preparations for the next auction of the Permanent Concession Offer, which will be held on June 17. The regulatory agency reported that 12 companies presented declarations of interest and offer guarantees for the 16 sectors that will be offered in the event. In addition, the agency also... Continue Reading →
(PN) Petrobras is expanding its exploration efforts in the promising Aram block, located in the pre-salt layer of the Santos Basin. In recent days, the company began drilling a new well in the area, named 3-BRSA-1399-SPS, in a water depth of 1,866 meters. The operation is being conducted by the Valaris DS-4 drillship. In addition... Continue Reading →
(OE) AIS Bardot, a supplier of subsea umbilicals, risers and flowlines, has secured a contract from Saipem for TotalEnergies’ Kamiho deepwater oil and gas project, off Angola. The contract is for the manufacture and supply of three complete hybrid riser lines of 100 meters each. The riser lines will be used to pump seawater to... Continue Reading →
(Reuters) - Japan is likely to sweeten terms for developers to build a massive offshore wind farm sector, industry insiders say, as it looks to put its energy ambitions back on track against a worldwide slump of projects hit by soaring costs and delays. The government aims to have 45 gigawatts of offshore wind capacity... Continue Reading →
(Reuters) - Top U.S. oil producer Exxon Mobil and Hess will meet face-to-face on Monday in a court hearing to determine the fate of Chevron's $53 billion deal to buy Hess and with it a prized stake in Guyana's prolific oilfields. The planned acquisition, announced in October 2023, is one of the oil industry's biggest deals in years. It is key... Continue Reading →
(Reuters) - Brazilian businessman Nelson Tanure has made an offer to acquire a controlling stake in Braskem, a securities filing showed on Friday, confirming local media and Reuters reports that cited sources earlier in the day. The tycoon is looking to acquire conglomerate Novonor's (ODBES.UL) stake in Braskem for an undisclosed value, according to the... Continue Reading →
Brazil Energy Insight 