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Italy’s cabling giant Prysmian has selected the name for its new cable-laying vessel (CLV), said to reflect a strong connection with its sister vessel Leonardo da Vinci. The new 171-meter-long CLV, currently being built by Vard in Romania, will be named Monna Lisa. The name was chosen through an internal survey conducted among all 30,000 employees,... Continue Reading →
(Bloomberg) -- Brazil’s state-controlled oil producer Petroleo Brasileiro SA is readying to return to global debt markets with a benchmark sale as soon as Monday, people familiar with the matter said. Petrobras is expected to offer as much as $1.5 billion in 10-year notes, said the people, who asked not to be identified because the... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras informs that it filed, today, its 2022 Sustainability Report. In this important document you can find information about our main activities, management practices, indicators and commitments related to environmental, social and governance (ESG) issues. One of the main highlights of this year was the environmental projects supported by the Company,... Continue Reading →
In the first volume of the World Energy Transitions Outlook (WETO) 2023, the International Renewable Energy Agency (IRENA) calls for raised global ambition in renewables deployment. The WETO 2023: 1.5°C Pathway positions electrification and efficiency as key transition drivers, enabled by renewable energy, clean hydrogen, and sustainable biomass and tracks implementation across all energy sectors.... Continue Reading →
Marine geophysical company PXGEO on Friday announced it has secured a contract with Petrobras for a 3D ocean bottom node (OBN) survey in the Campos Basin, Brazil. The survey is to be acquired in water depths of 2,300 meters with a duration of approximately 10 months, the company said.
Brazilian oil and gas player Enauta has concluded a scheduled maintenance shutdown for a floating, production, storage, and offloading (FPSO) vessel, which is currently working on a field offshore Brazil. Back in May 2023, Enauta started preventive maintenance at the FPSO Petrojarl I. The production at the Atlanta field was expected to resume in mid-June, with the resumption of production... Continue Reading →
(Reuters) Siemens Energy saw $6.3 billion wiped off its market capitalization on Friday after warning that the impact of quality problems at its Siemens Gamesa wind turbine business would be felt for years. The group scrapped its 2023 profit outlook late on Thursday after a review of its wind turbine division exposed deeper-than-expected problems that... Continue Reading →
(Reuters) - The chief executive of Brazil's state oil company Petrobras (PETR4.SA) said on Thursday he expects to resume work on a major nitrogen fertilizer project in the city of Tres Lagoas, and hinted at new gas projects in Bolivia. Chief Executive Officer Jean Paul Prates predicted starting construction again at the project at an event in... Continue Reading →
(OW) Freja Offshore, a joint venture between Hexicon and Mainstream Renewable Power, has submitted an application for an offshore wind farm in Sweden that could have an installed capacity of between 2 GW and 2.5 GW and, according to the project’s consultation document, could feature wind turbines of up to 30 MW per unit. The... Continue Reading →
The final turbine has been installed at Scotland’s largest offshore wind farm, Seagreen, off the coast of Angus. The work was carried out by Cadeler’s wind farm installation vessel Wind Orca, which replaced its sister vessel Wind Osprey in April 2022. Many of the wind turbines are installed in a water depth of more than 55 metres, while... Continue Reading →
Brazil Energy Insight 