Seatrium, Petrobras eye potential natural gas collaboration to meet growing Asian demand

Aug. 27(businesstimes.com.sg) Brazilian oil giant Petrobras and offshore and marine player Seatrium are discussing a potential tie-up to explore offshore solutions in natural gas, said Magda Chambriard and Chris Ong, the respective CEOs of Petrobras and Seatrium.  They were speaking at a media briefing following the christening ceremony for two floating production storage and offloading... Continue Reading →

France’s Voltalia wins approval for $35 billion data center project in Brazil

Aug 27 (Reuters) - French renewable energy company Voltalia has received authorization from Brazil's government ​to install a data center at the ‌Pecem port complex in Ceara state, securing tax exemptions for the planned mega-project. Investment in the data center is expected ​to total 181.7 billion reais ($35.24 billion), Brazil's ​government said in a Wednesday statement.... Continue Reading →

Equinor Eyes Major Oil Discovery Offshore Namibia

Aug. 26 (oilprice.com) Norway’s energy major Equinor hopes to make a “pretty big” oil discovery offshore Namibia, the global exploration hotspot it has just entered, a senior company official said on Tuesday. Equinor hopes that the Petroleum Exploration License 90 (PEL 90) offshore Namibia could hold a big discovery similar to those TotalEnergies and Galp... Continue Reading →

Buzios sets new Natural Gas export record

Aug. 26 (PN) -The Buzios field, located in the pre-salt layer of the Santos Basin, set a new record for natural gas exports in July. During that period, the asset reached an average of 10.8 million cubic meters per day, underscoring the expansion of production destined for the Brazilian market and the operational reliability of... Continue Reading →

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