Petróleo Brasileiro S.A. – Petrobras informs that it broke its quarterly record for operated oil and gas production in the third quarter of this year, with 3.98 MMboed (million barrels of oil equivalent per day), 7.8% above the second quarter. It also achieved a monthly record for operated production in September, with a volume of... Continue Reading →
Petrobras breaks monthly and quarterly records for operated oil and gas production
Petróleo Brasileiro S.A. – Petrobras informs that it broke its quarterly record for operated oil and gas production in the third quarter of this year, with 3.98 million barrels of oil equivalent (boe), 7.8% above the second quarter. It also achieved a monthly record for operated production in September, with a volume of 4.1 million... Continue Reading →
4th Cycle of the ANP Permanent Concession Offer will have 33 block sectors and one area in the Marginal Accumulation
(TN) The National Petroleum Agency (ANP) released the list of 33 sectors with exploratory blocks and an area with marginal accumulation that will be in the auction of the 4th Cycle of the Permanent Concession Offer, which is scheduled for December 13th. The auction will have blocks offered in the following basins: Amazonas, Espírito Santo,... Continue Reading →
Can Floating Wind Farms Exist in Harmony with Marine Life, Other Industries? RWE Launches Competition to Find Out
(OE) German energy firm RWE has launched its first global “Floating Wind Co-use Competition”, as it is looking for solutions to promote the co-existence of floating wind farms with other sea users and biodiversity enhancement. Sven Utermöhlen, CEO RWE Offshore Wind: “We are one of the world leaders in offshore wind and are diligently working on... Continue Reading →
Petrobras expects to drill near Amazon mouth in 2024, says CEO
(Reuters) - Brazil's state-run oil company Petrobras (PETR4.SA) expects to do exploratory drilling next year near the mouth of the Amazon River, along the coast of the state of Amapa, Chief Executive Jean Paul Prates said. The region is part of Brazil's Equatorial Margin, an area that Petrobras considers its most promising new frontier for oil and... Continue Reading →
Petrobras and Norway Partner for Energy Transition
(YP) Petrobras is looking to strengthen its partnership with Norwegian companies on energy transition. The move comes as Brazil seeks to reduce its greenhouse gas emissions and achieve net-zero emissions by 2050. In a recent announcement during the event "The Role of Norway and Brazil in the Energy Transition" organized by the Brazil-Norway Chamber of... Continue Reading →
Scottish Floating Wind Farm Project Seeks to Reduce Number of Turbines while Keeping Capacity
(OE) The Copenhagen Infrastructure Partners-led Pentland Floating Offshore Wind Farm project in Scotland has submitted an application to vary its Section 36 consent and associated marine licenses as a result of further survey work and advancements in project design. The S36 Consent and associated marine licenses were granted by the Scottish Government Marine Directorate for... Continue Reading →
WoodMac: Swift action needed to ratchet up carbon capture and reach net-zero by 2050
(OET) As the energy transition spreads its wing, new low-carbon and green sources of supply are springing up, however, Wood Mackenzie, an energy intelligence group, believes that these emerging sectors will not be able to usher in a net-zero by 2050 era without carbon capture, utilization and storage (CCUS). As a result, the company emphasizes the... Continue Reading →
Biden selects 7 hydrogen hubs across 16 states for $7 billion in US grants
(Reuters) - President Joe Biden will announce in Philadelphia on Friday the recipients of $7 billion in federal grants for the development of regional hydrogen hubs, advancing a key part of his administration's broader plan to decarbonize the U.S. economy. Seven proposed hubs spanning 16 states from Pennsylvania to California were selected in the program,... Continue Reading →
SBM Offshore awarded FEED contracts for Whiptail project in Guyana
SBM Offshore is pleased to announce it has been awarded contracts to perform Front End Engineering and Design (FEED) for a Floating Production, Storage and Offloading vessel (FPSO) for the Whiptail development project in Guyana. Following FEED and subject to government approvals in Guyana of the development plan, project sanction including final investment decision by... Continue Reading →