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(OE) Modern American Recycling Services Europe, A/S (M.A.R.S.) has been awarded a contract by SBM Offshore for dismantling and green recycling of SBM Offshore’s FPSO Capixaba. The FPSO Capixaba is 362 m long, with a Light Displacement Tonnage of 54.656 Mt. The contract includes engineering, preparation, dismantling, and green recycling of the unit. The FPSO is moored... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras informs that it has identified the presence of hydrocarbons in the Santos Basin pre-salt, in an appraisal well in the Aram block. Well 3-BRSA-1387D-SPS is located 260 km from the city of Santos-SP, at a water depth of 1,979 meters. The well is in progress and the oil-bearing interval was... Continue Reading →
3R PETROLEUM ÓLEO E GÁS S.A. (“3R” or “Company”) (B3: RRRP3) in compliance with the provisions of CVM Resolution No. 44, informs its investors and the market in general that the production of Papa Terra Cluster has been temporarily interrupted by the Company, on the morning of May 15 due to restrictions on the offloading... Continue Reading →
(OW) IberBlue Wind, a joint venture between Simply Blue Group, Proes Consultores, and FF New Energy Ventures, has announced a second floating offshore wind project on the Spanish Southern coast of Andalusia. The project is called La Pinta in tribute to one of the three caravels used by Christopher Columbus on his first trip to... Continue Reading →
(epbr) The Federal Audit Court (TCU) informed that it found no evidence of irregularities in the sale by Petrobras of the Shale Industrialization Unit (SIX) and of the Northeast Lubricants and Derivatives Refinery (Lubnor). Monitoring also included divestments from the Phil Project – Phase 2, which include the Gabriel Passos Refinery (Regap) and the Isaac... Continue Reading →
(OW) The Ports of Rotterdam and Brazil’s Pecém have signed a collaboration agreement on energy projects such as offshore wind and green hydrogen production. The aim of this partnership is to strengthen bilateral cooperation and knowledge and promote public and private initiatives between the Netherlands and Brazil in port development, port logistics, hinterland connection, and... Continue Reading →
(OE) Construction of the Formosa 2 offshore wind project in Taiwan has been completed, with the milestone marked by an inauguration ceremony at the Waipu Fishing Port in Miaoli to celebrate the successful construction of the offshore wind farm. With all 47 wind turbine generators (WTGs) installed earlier this year and connected to the grid... Continue Reading →
OX2 said Tuesday it had received permission from the Swedish government to build the northern part of the offshore wind project Galatea-Galene on the west coast of Sweden, with a potential capacity of 400 MW. The total project Galatea-Galene comprised 1.7 GW. "It is very positive that the government takes the initiative to build out... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras informs that its Executive Board approved yesterday, May 15, 2023, the commercial strategy to define Petrobras' diesel and gasoline prices, replacing the pricing policy for gasoline and diesel commercialized by its refineries. The commercial strategy uses market references such as: (a) the customer's alternative cost, as the value to be... Continue Reading →
(Reuters) - Venezuelan state energy company PDVSA's new management expects to boost the country's oil production to 1.17 million barrels per day (bpd) by year end while increasing refining and exploration activities, an internal planning document showed. Venezuela's monthly crude output in April surpassed 800,000 bpd for the first time since December 2021 following a... Continue Reading →
Brazil Energy Insight 