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(epbr) The Port of Açu, located in the north of Rio de Janeiro (RJ) and controlled by Prumo Logística, announced the closing of the first contract to reserve an area for the hydrogen hub of the Port of Açu. The agreement was signed with the Norwegian company Fuella, specialized in the development and operation of... Continue Reading →
(offshoreWind.wind) RWE and Luxcara have been selected as winners of the latest German tender, offering a total of 5.5 GW of capacity across three sites, N-9.1, N-9.2, and N-9.3, all located in the German North Sea. RWE has secured the sites N-9.1 and N-9.2, where the company plans to build two offshore wind farms with... Continue Reading →
(offshore-energy.biz) With oil, gas, and liquefied natural gas (LNG) still running the global energy show as the crown jewels within the ebbs and flows in the worldwide energy demand, the European and U.S. oil majors – the UK’s duo Shell and BP, France’s TotalEnergies, and Italy’s Eni alongside U.S.-based trio: ExxonMobil, Chevron, and ConocoPhillips –... Continue Reading →
(Reuters) A union representing Brazil's federal environment workers said it had signed an agreement with the government to end a strike affecting oil and gas licenses in Latin America's largest economy, according to a press release on Monday. The union Ascema, which represents workers from federal environmental agencies Ibama and ICMBio, as well as from... Continue Reading →
(PN) SBM Offshore has completed a new stage in the construction of FPSO Alexandre de Gusmão, which will be installed in the Mero field, in the pre-salt layer of the Santos Basin. The Dutch company announced this week that the lifting campaign for the vessel's topside modules was successfully completed. Integration and commissioning activities continue... Continue Reading →
(PN) Earlier this month, the Brazilian Institute of the Environment (Ibama) issued a license authorizing Petrobras to begin a 4D seismic survey with nodes in the Buzios field, in the pre-salt layer of the Santos Basin. The survey may be conducted using one of the seismic source vessels: Artemis Arctic or Artemis Odyssey. In addition,... Continue Reading →
(offshore-energy.biz) U.S. offshore engineering and construction player McDermott has been tasked with putting all the pieces in place for the development of a gas project off the coast of Trinidad and Tobago, thanks to an engineering, procurement, construction, installation (EPCI), hook-up, and commissioning contract with Shell Trinidad and Tobago Limited, a subsidiary of the UK-headquartered... Continue Reading →
(Reuters) - Brazilian state-run oil company Petrobras will pay extraordinary dividends if there is an "opportunity" for it, Chief Financial Officer Fernando Melgarejo told investors during an earnings call on Friday. Any decision on an extraordinary payout would depend on cash conditions and future cash-generation capacity, said Melgarejo, adding that "an extraordinary dividend payment is... Continue Reading →
(Oilnow.gy) Suriname’s state oil company Staatsolie is set to plug US$1.8 billion in the nation’s first offshore oil project, according to the company’s 2023 annual report. Staatsolie could participate with up to 20% stake in the Block 58 field development. Its Managing Director, Annand Jagesar, told OilNOW that it intends to exercise this option. “We fully... Continue Reading →
(Reuters) - Petrobras (PETR4.SA), opens new tab does not see the repurchase of the Mataripe refinery owned by Abu Dhabi sovereign fund Mubadala (MUDEV.UL) in Brazil as a priority, the state-run firm's Chief Executive Magda Chambriard said on Friday. The repurchase of the refinery, also known as RLAM, located in Brazil's northeastern state of Bahia was seen... Continue Reading →
Brazil Energy Insight 