Tullow Ghana, a subsidiary of the oil and gas company Tullow Oil, and the Ghana Navy have entered into an agreement, which is expected to add an additional layer of safety and security in the Ghanian waters, allowing the company to continue operations in its offshore fields in the area. Tullow Ghana reported on Monday... Continue Reading →
(PN) Equipment capable of separating CO2-rich gas from oil at the bottom of the sea. Petrobras, operator of the Libra consortium, started selecting suppliers to execute the project, build, install and carry out HISEP® tests, a technology patented by the company that aims to separate and reinject, even at the bottom of the sea, the... Continue Reading →
(epbr) The government of Ceara signed a memorandum of understanding (MoU) with BP for the potential implementation of a natural gas hub in Porto do Pecem. According to the company's president in Brazil, Mario Lindenhayn, the hub may have an installed capacity of around 2.2 GW and generate around 5,000 jobs during construction. -- “It... Continue Reading →
(OM) Finally catching up with its rivals, U.S. oil and gas giant ExxonMobil has revealed its ambition to achieve net-zero greenhouse gas emissions for operated assets by 2050, backed by a comprehensive approach to develop detailed emission-reduction roadmaps for major facilities and assets. The net-zero ambition is contained in the company’s Advancing Climate Solutions – 2022... Continue Reading →
Petrobras sets another annual pre-salt production record in 2021, reaching the mark of 1.95 million barrels of oil equivalent per day (boed). This volume corresponds to 70% of the company's total production, which was 2.77 million boed last year. The previous record was set in 2020, when the level of 1.86 million boed was reached,... Continue Reading →
(Valor) Potential investors in the offshore wind segment are waiting for the government's regulatory definitions to start projects in the seas of Brazil with the legal certainty characteristic of the electricity sector. The Brazilian Wind Energy Association (Abeeólica) is in a hurry to get the main regulatory guidelines for contracting offshore wind farms out, as... Continue Reading →
(PN) The Brazilian Institute of the Environment (IBAMA) granted the operating license for Shell to carry out the drilling activity in block C-M-791, in the Campos Basin. The document is valid for 5 years and authorizes the drilling of up to three exploratory wells in the region. Drilling in the block will be carried out... Continue Reading →
(Reuters) - Brazilian President Jair Bolsonaro will visit Suriname and Guayana on Thursday and Friday for talks on economic cooperation following recent discoveries of oil and gas by Brazil's two neighbors, the foreign ministry said on Monday. Bolsonaro and the presidents of Suriname, Chandrikapersad Santokhi, and Guayana, Irfaan Ali, will hold a working lunch in... Continue Reading →
(Reuters) - Benchmark oil prices climbed to their highest level since 2014 on Tuesday as possible supply disruption after attacks in the Mideast Gulf added to an already tight supply outlook. Brent crude futures rose $1.02, or 1.2%, to $87.50 a barrel by 0924 GMT, while U.S. West Texas Intermediate (WTI) crude futures jumped $1.36,... Continue Reading →
The governor of Ceara, Camilo Santana, announced on the Portocem consortium as the winner of the auction for the implementation of the Natural Gas Thermoelectric Power Plant in the Export Processing Zone (ZPE) of the Pecem Complex. Led by the American Ceiba Energy, a company that owns, develops and operates power generation assets in Latin... Continue Reading →
