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(Reuters) - Latin America's wealth of hydroelectricity and other renewable energy resources could make the region a major producer of clean hydrogen as the world seeks alternatives to fossil fuels to fight the climate crisis, but some big hurdles lie in the way. Government leaders expect a major boon for the region from clean hydrogen,... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras, following up on the announcements to the market issued on July 29, 2022 and August 5, 2024 on the extension of the gas discoveries in the Uchuva-1 and Uchuva-2 wells, renamed Sirius-1 and Sirius-2, informs that the gas potential in the discoveries located in the Guajira Offshore Basin, in Colombia,... Continue Reading →
Wilson Sons UltraTug Offshore (WSUT) was the winner, for the second year in a row, of the “Petrobras Best Suppliers Award” in the Maritime Logistics category, a segment in which more than 40 companies operate in the Brazilian market. In its 7th edition, the Award recognizes suppliers that have a played relevant role in “deadline,... Continue Reading →
(PN) The Energy Research Company (EPE), chaired by Thiago Prado, recently published new documents that are part of the Ten-Year Energy Plan (PDE 2034), highlighting encouraging forecasts for both the natural gas market and the energy transmission segment (the publications are available on the EPE website). In the specific document for natural gas, EPE predicts... Continue Reading →
Wood has entered an agreement with Brazilian national oil company Petrobras to deliver concept studies with designs and recommendations aimed at optimising performance and reducing emissions to support a future Floating Production Storage and Offloading (FPSO) vision for the next decade. The first study will explore design concepts of FPSO units with lower human exposure to... Continue Reading →
(OE) Energy data and intelligence firm TGS has secured a baseline 4D streamer contract in the Southern Atlantic region with an independent energy company. The contract spans approximately 90 days, according to TGS. TGS will leveraging the capabilities of the Ramform acquisition platform, coupled with the proprietary multi-sensor GeoStreamer technology, to complete the job. "We... Continue Reading →
(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 →
Brazil Energy Insight 