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(offshoreWIND.biz) A 26 MW offshore wind turbine has been rolled off the production line by China’s Dongfang Electric Corporation (DEC) in Fuzhou, Fujian Province. The company said the offshore wind turbine is tailored for areas with wind speeds of 8 m/s and above and has strong resistance to typhoons and corrosion. The wind turbine’s hub... Continue Reading →
(CPG) With new contracts, billion-dollar investments and overcoming a crisis that almost paralyzed the sector, Brazilian companies are ready for a new cycle of growth. The Brazilian maritime support segment has suffered a drastic decline in recent years. In 2014, more than 500 vessels were active in the country, but in 2019, that number fell... Continue Reading →
(Reuters) South Korean conglomerate Hanwha Group on Monday raised its offer for the remaining stake it does not already own in Singapore's Dyna-Mac, valuing the offshore oil and gas contractor at S$790.6 million ($605.41 million). The improved offer of S$0.67 per share represents a 35.4% premium to Dyna-Mac's last traded price on Sept. 10, before... Continue Reading →
(Reuters) - Brazil's Petrobras is set to reduce planned investments for next year, despite requests by the government for the state-run oil firm to increase CAPEX, three sources close to the matter told Reuters. The firm foresaw $21 billion of investments for next year, but spending could be down to around $17 billion, according to initial... Continue Reading →
(OE) SLB’s OneSubsea joint venture has secured a major contract by Petrobras to deliver full subsea equipment scope for one of Brazil’s five largest producing assets. As part of the project scope, OneSubsea will provide two subsea production manifolds, one electro-hydraulic distribution unit and additional related services. The project supports the further development of the... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras, following up on Communication of December 13, 2023 and August, 30, 2024, informs that it has signed the three remaining concession contracts from the 4th Permanent Concession Offer Cycle, acquired in partnership with Shell and CNOOC, at the public session held by the National Agency of Petroleum, Natural Gas and... Continue Reading →
BRAVA ENERGIA (“BRAVA”) (B3: BRAV3) (“Company”), hereby informs its investors and the market in general of the preliminary and unaudited production data for September 2024. (1) Considers the full production of the assets in which the Company has a stake. (2) Considers the production of condensate at the Peroá and Manati assets. (3) In September... Continue Reading →
Petrobras will build its first pilot plant for renewable hydrogen generation at the Vale do Açu Thermoelectric Power Plant, in Alto do Rodrigues, Rio Grande do Norte. The project, with a total budget of R$ 90 million and carried out in cooperation with the Senai Institute for Innovation in Renewable Energies (Senai ISI-ER), will have... Continue Reading →
KF Wind floating wind project, being developed by Aker Horizons majority-owned Mainstream Renewable Power and Ocean Winds, has secured a transmission service agreement (TSA) with Korea Electric Power Corporation (KEPCO). The agreement covers the first phase of the project, East Blue Power (375 MW) and the second phase, KF Wind (750 MW) with the interconnection... Continue Reading →
Petrobras has approved the contracting of 10 new vessels for underwater activities, eight of which are RSV (ROV Support Vessel) and two are AHTS (Anchor Handling Tug Supply). RSV vessels are used in ROV (Remotely Operated Vehicle) operations to perform intervention, inspection, maintenance and repair services for underwater equipment and systems. AHTS vessels are used... Continue Reading →
Brazil Energy Insight 