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(Reuters) Guyana on Tuesday received bids from major energy companies seeking a 12-month marketing contract to trade the government's share of crude produced in the country, the country's National Procurement and Tender Administration Boardsaid. A total of 27 offers were received, the board said, including bids by Shell, TotalEnergies, Chevron, ADNOC, Gunvor, Vitol, PetroChina, CNOOC... Continue Reading →
(offshore-mag.com) The US Bureau of Ocean Energy Management (BOEM) has approved the Atlantic Shores South 1 and 2 project plan to construct and operate two offshore wind energy facilities with a combined generating capacity of up to 2.8 MW. It represents the final approval needed from BOEM following the Department of the Interior’s Record of... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras informs that Moody's rating agency has raised the outlook on Petrobras' ratings from stable to positive and reaffirmed the credit rating at “Ba1”, reflecting the company's solid credit metrics, positive track record of operational and financial improvement and the agency's expectation of the Company's operational and financial discipline. Petrobras’ improved... Continue Reading →
(offshore-energy.biz) Offshore drilling player Hanwha Drilling, part of South Korea’s Hanwha Ocean, has secured its first multimillion-dollar contract for a seventh-generation drillship, which will work off the coast of Brazil for the South American country’s energy giant Petrobras. Hanwha Drilling, with its partner, Constellation Oil Services, a Brazilian drilling contractor, has won its first contract for... Continue Reading →
(TN) Posidonia, one of Brazil’s leading maritime shipping and transportation companies, recently celebrated a significant milestone by signing four major contracts with Petrobras. These agreements, which cover the operation of PSV (Platform Supply Vessel) and AHTS (Anchor Handling Tug Supply) vessels in Rio de Janeiro, represent an important milestone for the company. Currently, three of... Continue Reading →
(PN) The Brazilian Institute of the Environment (Ibama) has granted the operating license for FPSO Maria Quitéria, which is already installed in the Jubarte field, in the Espírito Santo portion of the Campos Basin. The platform was only supposed to start operating in 2025, but Petrobras brought forward the first oil from the unit, which... Continue Reading →
(TN) ANP released the Monthly Bulletin of Oil and Natural Gas Production for August 2024, which brings consolidated data on national production. Total Brazil production (oil + natural gas) was 4.345 million barrels of oil equivalent per day (boe/d). With regard to oil, 3.340 million barrels per day (bbl/d) were extracted, an increase of 3.4%... Continue Reading →
(Reuters) - Final investment decisions for hydrogen projects have doubled over the last 12 months, dominated by China, but installed capacity and demand are low as the industry faces uncertainty, the International Energy Agency (IEA) said in a report on Wednesday. The investment decisions represent a five-fold increase of current low-emission hydrogen production by 2030,... Continue Reading →
(Reuters) - Brazilian energy company Eneva (ENEV3.SA), opens new tab launched on Tuesday a share offer to raise around 4.2 billion reais ($774 million), as flagged in July, to help fund power generation projects, natural gas exploration and possible M&A activity. Eneva, one of the largest investors in Brazil's natural gas sector, will first offer some 228.6... Continue Reading →
(OE) Salamander Offshore Wind Farm, a project being developed by a joint venture between Ørsted, Simply Blue Group and Subsea7, has submitted its consent applications for the onshore aspects of its proposed 100 MW floating wind development. The applications outline Salamander’s plans for the onshore components of its proposed development, according to the joint venture... Continue Reading →
Brazil Energy Insight 