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Brazil
Oil & Gas Trade
Petrobras Posts $7.6% Increase In Net Income In Q3 2024
Brazilian national oil and gas company Petrobras has reported a 7.6% increase in net income for Q3 2024, reaching $5.87bn (33.85bn reais) from $5.54bn in the sa…
Offshore Wind Power
Petrobras To Start Major Offshore Wind Measurement Campaign Using Brazil-made Floating Lidars
The company will invest BRL 60 million (approximately EUR 9.6 million) in the new measurement campaign which follows a one-year deployment of the first floating…
Solar Technology
Petrobras To Launch Second Phase Of Offshore Wind Research
Petróleo Brasileiro S.A. has said it would release new Bravo buoy units to collect, monitor, and assess offshore wind resources. The company said in a me…
Oil & Gas Supply
SBM Offshore’s Behemoth FPSO Steps Into Brazil To Work At Petrobras’ Mega Deepwater Field
The Netherlands-based SBM Offshore is closing in on the first oil from its new floating production, storage, and offloading (FPSO) unit as the vessel has reache…
LNG
Brazil Mulls LNG Imports Into Early 2025 as Hydro Shrinks
Gas buyers in Brazil are inquiring about potential purchases of global shipments well into the first quarter as persistently dry weather threatens hydropower ge…
LNG
Saipem Cheers Overturning of Two-Year Ban on Public Contracting Activity in Brazil
After the Controladoria-Geral da União (CGU) looked into accusations against Saipem, a subsidiary of the Italian energy multinational Eni, regarding invo…
Oil & Gas Trade
ABS Brings Swiss Player on Board FPSO Project Being Undertaken for Petrobras
FPSO Almirante Barroso operating on the Búzios field in the pre-salt layer of the Santos Basin; Source: Petrobras News AgencyThe American Bureau of Shipp…
Oil & Gas Trade
FPSO Offshore Brazil Sees First Oil Sooner Than Planned
Offshore BrazilWhile the start of production was initially scheduled for 2025, the FPSO Maria Quitéria working in the Jubarte field produced its first oi…
Gas Pipeline
SLB Onesubsea to Deliver Full Subsea Equipment Scope for One of Brazil’s Largest Producing Assets
Source. SLB OneSubseaFollowing a competitive tender, OneSubsea has been appointed to deliver two subsea production manifolds, one electro-hydraulic distribution…
Carbon Emissions
Indigenous Groups in Brazil: We Were Not Consulted on Carbon Credits
Indigenous leader Alessandra Korap Munduruku takes part in a protest for land demarcation and against President Jair Bolsonaro's government, in Brasilia, Br…
Hydrogen Fuel Cell
The Hydrogen Stream: Infinity Sends Fuel Cell to NASA for Lunar Testing
Image: Infinity Fuel Cell and HydrogenInfinity says it has delivered a fuel cell prototype to NASA for ground testing, aimed at demonstrating a regenerative ene…
Energy Investment
Brazil’s Potencial to Invest $109 Million to Turn Biodiesel Plant Into World’s Largest
Brazil's Grupo Potencial announced on Tuesday an investment of 600 million reais ($108.86 million) to increase biodiesel output at one of its plants, giving…
Oil&Gas Drilling
Brazil’s Petrobras to Pump Natural Gas From Reopened Offshore Well
Brazil's state-run oil company Petrobras logo is pictured at its building in Rio de Janeiro, Brazil July 17, 2023. REUTERS/Ricardo Moraes/File Photo Purchas…
Oil & Gas Trade
Petrobras Wants a 40% Stake in Galp’s Mega Oil Block in Namibia, Director Says
Brazil?s state-run oil company Petrobras logo is pictured at its building in Rio de Janeiro, Brazil July 17, 2023. REUTERS/Ricardo Moraes/File Photo Purchase Li…
Oil Field
Fresh Multimillion-Dollar Gigs Take Technipfmc to Petrobras’ Oil Fields in Brazilian Waters
UK-headquartered energy technology provider TechnipFMC has landed two new subsea assignments with Brazil’s state-owned energy giant Petrobras, allowing it…
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