Petrobras on Global Bond Offering

Petróleo Brasileiro S.A. – Petrobras announces that its wholly owned subsidiary Petrobras Global Finance B.V. - PGF plans to offer a new series of bonds in the international market in a new issue, subject to market conditions. The bonds will be issued with Petrobras' full and unconditional guarantee. PGF intends to use the net proceeds... Continue Reading →

Ørsted, Repsol Forge Floating Wind Ties with Spanish Port

Ørsted and Repsol have signed a Memorandum of Understanding with the Port Authority of A Coruña to facilitate the development, construction, operation and maintenance of future floating offshore wind projects in Spain. Madrid-based multi-energy company Repsol and Ørsted signed an agreement in April last year to identify and jointly develop floating wind projects offshore Spain.... Continue Reading →

Italy’s Renexia exploring environmentally friendly solutions for floating wind project off Sicily

Renexia, the company behind Italy’s first offshore wind farm and the first to be built in the Mediterranean Sea, has contracted Seas Geosciences to study the most environmentally sustainable mooring and anchoring solutions for Med Wind, a 2.8 GW floating wind project proposed to be built in the Strait of Sicily. Seas Geosciences, part of Sealaska’s Woocheen... Continue Reading →

Petrobras publishes Sustainability Report 2022

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 →

IRENA: Annual Renewable Power Additions Must Triple by 2030

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 →

PXGEO Awarded 3D OBN Project in Brazil

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.

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