Petrobras on US$ 1.25 billion bond issue

Petróleo Brasileiro S.A. – Petrobras informs that it concluded today, through its wholly owned subsidiary Petrobras Global Finance B.V. (PGF), the offering of notes in the international capital market (Global Notes), in the amount of US$ 1.25 billion maturing in 2033. The operation was priced on June 26, 2023, as disclosed to the market. Below... Continue Reading →

Hydrogen, ammonia and green methanol are routes for offshore wind energy use in Brazil

(epbr)  “The route cannot be fully established in the regulated market. We have to develop other sales lines for this energy”, says Equinor's director Andre Leite at the Offshore Week 23 Conference. The executive explained that offshore power generation will enable the development of new electro-intensive markets and attract industries to consume this new renewable... Continue Reading →

Sole remaining block off Uruguay goes to Isle of Man-based oil & gas firm

(OET) Challenger Energy Group (CEG), the Isle of Man-headquartered oil and gas company focused on the Caribbean and Americas, has been awarded the last remaining available shallow water exploration block located off Uruguay. Other offshore exploration licenses are held by energy majors, including Shell, Apache and YPF, the Argentinian national oil company. After Challenger Energy submitted a bid... Continue Reading →

Nauticus’ autonomous subsea robot to work for Petrobras

Houston-based Nauticus Robotics has secured a contract with Brazilian state-owned oil and gas giant Petrobras for the deployment and testing of its Aquanaut autonomous subsea robot offshore Brazil. The contract is said to come as Petrobras had recently ramped up efforts in robotics and artificial intelligence and is pioneering their application to the offshore sectors. Aquanaut... Continue Reading →

ABS Issues Safety, Technical Guideline for Floating Offshore Wind Substations

The American Bureau of Shipping (ABS) has published requirements addressing safety and technical standards for floating offshore wind substations in what has been described as an industry first.  Together with input from offshore wind project developers, original equipment manufacturers (OEMs) of substations, and transportation and installation (T&I) companies, ABS developed the Requirements for Offshore Substations and... Continue Reading →

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