Strohm Secures Over $21M Investment to Expand CCUS and Hydrogen Market Presence

(OE) Dutch thermoplastic composite pipe (TCP) technology company Strohm has secured $21.4 million ($20 million) investment from SENCO Hydrogen Capital, aimed at boosting its growth trajectory focused on hydrogen and carbon capture utilization and storage (CCUS) applications. The partnership between the two companies also seeks to reduce carbon footprint in the pipeline infrastructure for conventional... Continue Reading →

June 19, 2024 0

Petrobras signs Protocol of Intentions with the Government of Rio de Janeiro for Offshore Wind

Petróleo Brasileiro S.A.- Petrobras informs that on Tuesday (18/6) it signed a Protocol of Intentions with the Government of the State of Rio de Janeiro to State of Rio de Janeiro to carry out joint studies to feasibility of implementing an offshore wind energy pilot project. project. The agreement provides for the establishment of cooperation... Continue Reading →

June 18, 2024 0

Brazil’s PetroRio in talks for Petrobas offshore fields; shares soar

(Reuters) - Brazilian state-run oil company Petrobras has selected a consortium led by PetroRio SA for bilateral talks over the sale of its Albacora and Albacora Leste offshore oil fields, both companies said on Friday. The value of PetroRio's bids was not immediately clear, but Petrobras said in September that "the offers may exceed $4 billion... Continue Reading →

June 18, 2024 0

Petrobras Greenlights Tax Payment That Helps Lula’s Budget

(Bloomberg) -- Brazilian oil giant Petrobras agreed to pay 19.8 billion reais ($3.49 billion) in back taxes to the federal government at a time when President Luiz Inacio Lula da Silva is seeking increased revenue to help balance the budget. The settlement, approved by the state-controlled driller’s board on Monday, is the first major decision... Continue Reading →

June 18, 2024 2

Shell and Petrobras Start Next Phase of Pioneering OD OBN Project

(OE) The next phase of the On Demand Ocean Bottom Node (OD OBN) project, involving Sonardyne, Shell, Petrobras and SENAI CIMATEC, has started offshore Brazil, which could result in the development of next generation of geophysical monitoring systems in the offshore oil and gas industry. The project, which began in 2018, involves a collaboration between... Continue Reading →

June 18, 2024 0

Petrobras informs its adherence to the PGFN-RFB Transaction Public Notice 6/2024

Petróleo Brasileiro S.A.- Petrobras, in continuity to the notice to the market disclosed on April 8, 2024, informs that the Board of Directors approved, with 10 (ten) votes in favor, today, the Company’s adherence to the PGFN-RFB Transaction Public Notice 6/2024 (tax disputes of significant and widespread legal controversy), which covers debts whose tax collections... Continue Reading →

June 17, 2024 0

BP started drilling pioneer well in the Pau Brasil block, in water depth of 2,283 meters

(PN) Oil major bp inaugurated a new moment in its operations in the Brazilian offshore. This week, the company began drilling the pioneer well (1-BP-12D-RJS) in the Pau Brasil block, located in the pre-salt of the Santos Basin. The well is in a water depth of 2,283 meters and is being drilled by the DS-15... Continue Reading →

June 17, 2024 0

Mexican Billionaire Carlos Slim Wants to Join Pemex in Deepwater Natural Gas Project

(Reuters) Mexico's President Andres Manuel Lopez Obrador said on Friday that businessman Carlos Slim is interested in participating in the country's first deepwater natural gas project, working alongside state energy company Pemex. In March, Reuters reported that Pemex officials and the billionaire tycoon's team were discussing ways to revive development of the Lakach field in... Continue Reading →

June 17, 2024 0

MDL Names Head of Renewables

(OE) Back-deck engineering specialist Maritime Developments (MDL) has appointed Derek Lynch as Market Development Manager – Renewables as part of its diversification strategy aimed to strengthen the commitment to renewable energy market. With over 30 years’ experience across various energy markets and sectors, Lynch brings with him extensive track record in developing and delivering diversification... Continue Reading →

June 17, 2024 0

ABL Group Wraps Up Ross Offshore Acquisition

(OE) Global consultancy ABL Group has completed the transaction to acquire 100% of the shares of specialist energy consultancy Ross Offshore, which now will merge with ABL Group company AGR. The combination of AGR and Ross Offshore will further strengthen the group’s center of technical excellence in wells, reservoirs and marine and survey management. Integration... Continue Reading →

June 17, 2024 0

Brazil Energy Insight

Strohm Secures Over $21M Investment to Expand CCUS and Hydrogen Market Presence

Petrobras signs Protocol of Intentions with the Government of Rio de Janeiro for Offshore Wind

Brazil’s PetroRio in talks for Petrobas offshore fields; shares soar

Petrobras Greenlights Tax Payment That Helps Lula’s Budget

Shell and Petrobras Start Next Phase of Pioneering OD OBN Project

Petrobras informs its adherence to the PGFN-RFB Transaction Public Notice 6/2024

BP started drilling pioneer well in the Pau Brasil block, in water depth of 2,283 meters

Mexican Billionaire Carlos Slim Wants to Join Pemex in Deepwater Natural Gas Project

MDL Names Head of Renewables

ABL Group Wraps Up Ross Offshore Acquisition

Archives

Contact Us