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Petróleo Brasileiro S.A. – Petrobras informs that it received, on Monday (10/02/2023), confirmation of the environmental license from Ibama to drill two exploratory wells in the maritime block BM-POT-17, in deep waters of the Potiguar Basin, on the Brazilian Equatorial Margin. The first well will be drilled 52 km off the coast. Drilling is scheduled... Continue Reading →
Eric Haun, Editor (OE) An offshore wind industry is growing in the U.S. with an aim to meet the Biden Administration’s goal of 30 gigawatts (GW) of offshore wind by 2030, and eventually 110 GW by 2050. But as is the case for any new industry that is building up, there are going to be bumps... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras, in relation to media reports on the existence of reserves of 5.6 billion barrels of oil in blocks of the equatorial margin in the Amazon region of Amapá, clarifies that the company does not inform or make public the volumetric potential in exploratory areas. As disclosed on 05/18/2023, Petrobras is... Continue Reading →
Petrobras assumed the position of the largest developer of wind projects in the country, in another fundamental step towards the energy transition. An advance that is due to the partnership with WEG, signed this month, to develop the largest onshore wind turbine in Brazil, with a potential of 7 MW – enough to supply a... Continue Reading →
(Reuters) Studies by Brazilian state-run oil company Petrobras show that a single oil block of Amapa's equatorial margin could total more than 5.6 billion barrels of oil, the country's mines and energy minister said on Friday. Alexandre Silveira's remarks come as the oil giant bids to drill a well at the mouth of the Amazon... Continue Reading →
Aker Solutions, SLB, and Subsea 7 have closed the previously proposed transaction to create a subsea joint venture. The new business, which will adopt the OneSubsea name, will drive innovation and efficiency in subsea production by helping customers unlock reserves and reduce cycle time, the companies said in a statement on Monday. "OneSubsea now comprises... Continue Reading →
(AB) The Ministry of Mines and Energy (MME) reported that the Brazilian Institute of the Environment and Renewable Natural Resources (Ibama) granted an environmental license for Petrobras to drill wells in the Potiguar Basin segment, off the coast of Rio Grande do Norte, on the Equatorial Margin. The license would refer to the research activity... Continue Reading →
The ANP Board approved the geological and economic studies of three exploratory blocks, located in the Santos Basin Pre-Salt, for possible inclusion in future rounds of bidding for areas for exploration and production of oil and natural gas . With approval by the ANP, the Amazonita, Safira Leste and Safira Oeste blocks will now be... Continue Reading →
(Reuters) U.S. oil producers ExxonMobil and Hess Corp have withdrawn from exploring the Kaieteur block in Guyana’s deepwaters, Exxon said on Thursday, after disappointing exploration results. The exit comes as the producers focus on their larger and highly productive Stabroek block, where more than 11 billion barrels of oil and gas have been discovered so far. Kaieteur, at 3.3... Continue Reading →
Brazilian state-owned oil and gas giant Petrobras has awarded TechnipFMC with a contract to supply flexible pipes for pre-salt fields offshore Brazil. Under the contract deemed as “significant”, TechnipFMC will design, engineer, and manufacture 14 kilometers of gas injection riser pipes and will supply associated services including packing and storage. Jonathan Landes, President of Subsea at TechnipFMC... Continue Reading →
Brazil Energy Insight 