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Petróleo Brasileiro S.A. - Petrobras, following up on the communications of September 8, 2021, October 27, 2021, March 29, 2023 and December 21, 2023, and as a result of the failure to complete the acquisition of FPSO Cidade de Santos by Enauta Energia S.A. (according to the decision communicated by that company on July 1,... Continue Reading →
Petróleo Brasileiro S.A. - Petrobras, following up on the Material Fact of August 8, 2024, informs that it will make today the payment of the second installment of the dividends approved by its Board of Directors in a meeting held on 08/08/2024. The gross amount to be distributed today corresponds to R$ 0.52660008 per common... Continue Reading →
Petrobras informs that today it signed a Protocol of Intent with Companhia Siderúrgica Nacional S.A. (CSN) and CSN Inova Soluções S.A., a group company dedicated to innovation projects. This agreement represents a first step towards structuring a business partnership aimed at setting up a low-carbon hydrogen plant on a commercial scale in Paraná. Low-carbon hydrogen... Continue Reading →
Petrobras informs that it has begun operation of the atmospheric emissions reduction unit (SNOX) at the Abreu e Lima refinery (RNEST), located in the city of Ipojuca, in the Brazilian state of Pernambuco. The emissions reduction will allow the refinery to increase its current processing by 27,000 barrels per day (bpd), in compliance with theemissions... Continue Reading →
( renewablesnow.com) EDP Renovaveis SA (ELI:EDPR) announced on Thursday it has decided to exit 500 MW of wind projects in Colombia as they are no longer economically viable. The company cited several factors behind their decision, including delays stemming from the 2020 pandemic, shifts in government that prompted adjustments to the requirements for the environmental... Continue Reading →
SBM Offshore and ExxonMobil Guyana Ltd, an affiliate of Exxon Mobil Corporation, have completed the transaction related to the purchase of FPSO Liza Destiny, ahead of the maximum lease term, which would have expired in December 2029. The purchase allows ExxonMobil Guyana to assume ownership of the unit while SBM Offshore will continue to operate... Continue Reading →
(offshore-energy.biz) U.S.-headquartered offshore energy services provider Helix Energy Solutions has confirmed the arrival of its purpose-built DP3 semi-submersible vessel to Namibia’s Port of Walvis Bay to prepare for its decommissioning assignment off the coast of Brazil. The U.S. player won a 12-month deepwater well decommissioning contract with extension options for work in Brazil’s Campos Basin in October... Continue Reading →
(PN) OceanPact announced a new R$697 million contract with Petrobras, for a period of four years, for the charter of the Ilha do Mosqueiro vessel, an OTSV (Offshore Terminal Support Vessel). The vessel will be used for the maintenance of offloading hoses on platform ships (FPSO) and oil tankers (FSO), with high-capacity winches and cranes,... Continue Reading →
Petrobras recently started drilling two new wells in the region, in the North of Brava and Aram blocks, which are located in the Campos and Santos basins, respectively. In Aram, the adjacent pioneer exploratory well 4-BRSA-1395-SPS is in a water depth of 1,757 meters, with drilling being carried out by the Valaris DS-4 rig. The... Continue Reading →
The California State Lands Commission and the ports of Long Beach and Humboldt have joined forces to advance floating offshore wind development off the California coast. Through this collaboration, they aim to develop critical port infrastructure for wind turbine assembly, with installations planned 20-30 miles offshore Humboldt County and Morro Bay. “This important agreement parlays... Continue Reading →
Brazil Energy Insight 