Connection

popular articles

Suzlon acquires 51% of Renom
Kong Solaire announces a 50 MW solar power plant in Côte d’Ivoire
Legrand withdraws from the Russian market: A strategic decision
Tronox and Pacific Energy launch a solar hybrid system in Hatfield
GET and BET join forces for environmentally-friendly heating

Petrobras and Equinor: Partnering for a sustainable transition in Brazil

Petrobras and Equinor sign a letter of intent to expand their cooperation in evaluating the feasibility of seven offshore wind energy projects off the Brazilian coast, with a potential production of 14.5 GW.

Please share:

During the CERAWeek conference, Petrobras and Equinor signed a letter of intent to expand their cooperation in evaluating the feasibility of seven offshore wind energy projects off the Brazilian coast, with a potential production of 14.5 GW. Both companies aim to contribute to Brazil’s energy transition and create initial conditions for the sustainable development of renewable energy.

A new frontier of clean, renewable energy in Brazil

Anders Opedal, CEO of Equinor, said that extending the collaboration to renewables would provide a wide range of energy sources in Brazil. He added that the cooperation between the two companies will contribute to the realization of offshore wind and the energy transition of the country.

The letter of intent signed by Petrobras and Equinor is the result of a partnership signed in 2018. It initially included the evaluation of two wind farm projects – Aracatu I and II. However, the new agreement now includes five other projects – Mangara, Ibitucatu, Colibri, Atobá and Ibituassu.

Ambitious objectives for the energy transition

Equinor has a long history in Brazil, where the company has been operating since 2001. It has a diversified oil and gas portfolio, with licenses in development and production such as Bacalhau and Peregrino.

The profitable diversification of Petrobras’ portfolio will contribute to the success of Brazil’s energy transition. The company has set ambitious short-term targets and aims to neutralize the emissions of the activities under its control by 2050. In Petrobras’ strategic plan for the period 2023 to 2027, offshore wind is one of the priority segments for in-depth studies.

The potential for offshore wind power generation offers promising opportunities to diversify Brazil’s energy matrix. It is important to note that the allocation of investments will depend on thorough analyses to assess their viability, as well as on regulatory advances that will allow the licensing processes for the activities to be carried out.

In conclusion, the initiative of Petrobras and Equinor to cooperate in evaluating the feasibility of seven offshore wind power generation projects is an important step in Brazil’s energy transition. It will expand the range of available energy sources and contribute to the reduction of greenhouse gas emissions.

Register free of charge for uninterrupted access.

Publicite

Latest news

BP cuts its workforce and refocuses on hydrocarbons
France: Electricity rates, 15% decrease for millions of subscribers
Sinopec invests in a major oil project in Sri Lanka
The largest Sand Battery optimizes Finnish district heating
SolaX launches TRENE, a liquid-cooled energy storage system

Recently published in

The United States Will Block 100,000 Wind Turbines Under Trump

Donald Trump, president-elect of the United States, plans to ban the construction of new wind turbines, criticizing costly subsidies and controversial environmental impacts, while the country already has nearly 100,000 turbines in operation.
Norfolk Vanguard Projects: Aker Solutions and Siemens Energy Receive Full Authorization
The Aker Solutions-Siemens Energy consortium advances on Norfolk Vanguard West and East, strategic RWE projects for offshore wind infrastructure development in Europe.
en_11401281540
Norfolk Vanguard Projects: Aker Solutions and Siemens Energy Receive Full Authorization
The Aker Solutions-Siemens Energy consortium advances on Norfolk Vanguard West and East, strategic RWE projects for offshore wind infrastructure development in Europe.
en_11401281540
Innergex delivers 320 MW of wind energy to PacifiCorp in the United States
Innergex announces the commissioning of its Boswell Springs wind farm, supplying 320 MW of electricity to PacifiCorp under a 30-year contract in the United States.
en_11401257540
Innergex delivers 320 MW of wind energy to PacifiCorp in the United States
Innergex announces the commissioning of its Boswell Springs wind farm, supplying 320 MW of electricity to PacifiCorp under a 30-year contract in the United States.
en_11401257540
Japan Receives 14 GE Vernova Wind Turbines to Reach 1.8 GW
GE Vernova will equip two wind farms in Aomori with 14 onshore turbines, supporting Japan's renewable energy goals.
en_11401227540
Japan Receives 14 GE Vernova Wind Turbines to Reach 1.8 GW
GE Vernova will equip two wind farms in Aomori with 14 onshore turbines, supporting Japan's renewable energy goals.
en_11401227540

India Approves Acquisition of 640 MW from Enel Green Power by Waaree Energies for 95 Million USD

Waaree Energies finalizes the purchase of Enel Green Power India for 95 million USD, adding 640 MW of solar and wind projects to its portfolio. A strategic transaction for the country’s energy transition.
India sees JSW Energy acquire 125 MW of wind assets for 76 million USD
JSW Neo Energy, a subsidiary of JSW Energy, finalizes the purchase of a 125 MW wind portfolio in India, valued at 76 million USD, strengthening its strategic position in renewable energy.
en_11401235540
India sees JSW Energy acquire 125 MW of wind assets for 76 million USD
JSW Neo Energy, a subsidiary of JSW Energy, finalizes the purchase of a 125 MW wind portfolio in India, valued at 76 million USD, strengthening its strategic position in renewable energy.
en_11401235540
Engie Expands Its Wind Farm in Egypt: 650 MW for the Red Sea Wind Energy Project
Engie announces the extension of the "Red Sea Wind Energy" wind farm in Egypt, increasing its capacity to 650 MW. This initiative aims to support the country's renewable energy ambitions while consolidating Engie's role in Africa and the Middle East.
en_11401206540
Engie Expands Its Wind Farm in Egypt: 650 MW for the Red Sea Wind Energy Project
Engie announces the extension of the "Red Sea Wind Energy" wind farm in Egypt, increasing its capacity to 650 MW. This initiative aims to support the country's renewable energy ambitions while consolidating Engie's role in Africa and the Middle East.
en_11401206540
The United States Sees LS Power Acquiring 3,000 MW of Renewable Energy
LS Power strengthens its North American portfolio with the acquisition of 3,000 MW of renewable projects from Algonquin Power's division.
en_11401191540
The United States Sees LS Power Acquiring 3,000 MW of Renewable Energy
LS Power strengthens its North American portfolio with the acquisition of 3,000 MW of renewable projects from Algonquin Power's division.
en_11401191540

South Korea Launches 96 MW Offshore Wind Farm Led by CIP and SK Innovation

The Jeonnam 1 wind farm, with a capacity of 96 MW, marks a first for South Korea in privately-led offshore projects. By 2025, it will supply green electricity to 60,000 households, showcasing an innovative energy partnership model.
The Netherlands and the United Kingdom connected through a 2 GW wind project
The LionLink project, a hybrid interconnector developed by TenneT and NGV, will link the Dutch and UK electricity grids through the Nederwiek 3 offshore wind farm, ensuring 2-gigawatt capacity and strengthening energy security in Europe.
en_11401165540
The Netherlands and the United Kingdom connected through a 2 GW wind project
The LionLink project, a hybrid interconnector developed by TenneT and NGV, will link the Dutch and UK electricity grids through the Nederwiek 3 offshore wind farm, ensuring 2-gigawatt capacity and strengthening energy security in Europe.
en_11401165540
Texas faces electricity prices fluctuating from -$10 to $82 per MWh
Texas experiences dramatic electricity price fluctuations driven by record winds and a cold wave, disrupting energy networks and natural gas markets across the region.
en_11401159540
Texas faces electricity prices fluctuating from -$10 to $82 per MWh
Texas experiences dramatic electricity price fluctuations driven by record winds and a cold wave, disrupting energy networks and natural gas markets across the region.
en_11401159540
Egypt Secures Financing for 1.1 GW Wind Farm Project Led by ACWA Power and HAU Energy
The Suez Wind Farm, with a capacity of 1.1 GW, has reached a major milestone with $703.6 million in funding, marking a pivotal step in Egypt’s energy transition strategy and efforts toward energy independence.
en_11401160540
Egypt Secures Financing for 1.1 GW Wind Farm Project Led by ACWA Power and HAU Energy
The Suez Wind Farm, with a capacity of 1.1 GW, has reached a major milestone with $703.6 million in funding, marking a pivotal step in Egypt’s energy transition strategy and efforts toward energy independence.
en_11401160540

Canada: Nova Scotia Invests $224 Million in a Wind Farm with 13 Indigenous Partners

A wind farm project at Goose Harbour Lake secures $224.2 million to produce 168 MW of electricity, including participation from 13 Indigenous communities. This project supports Nova Scotia's energy transition and local economy.
The EU approves a €998 million acquisition in offshore wind energy
The European Commission has approved a joint acquisition between EEW Holding and Sumitomo, valued at €998 million, aimed at supporting the production of components for offshore wind farms.
en_11401134540
The EU approves a €998 million acquisition in offshore wind energy
The European Commission has approved a joint acquisition between EEW Holding and Sumitomo, valued at €998 million, aimed at supporting the production of components for offshore wind farms.
en_11401134540
Empire Wind 1 secures $3 billion financing in the United States
The offshore wind project Empire Wind 1 by Equinor, located off the coast of New York, has secured $3 billion in financing. This key initiative is expected to supply electricity to 500,000 households by 2027, strengthening the United States' renewable energy position.
en_11401113540
Empire Wind 1 secures $3 billion financing in the United States
The offshore wind project Empire Wind 1 by Equinor, located off the coast of New York, has secured $3 billion in financing. This key initiative is expected to supply electricity to 500,000 households by 2027, strengthening the United States' renewable energy position.
en_11401113540
The United States Orders Enel to Dismantle a 150 MW Wind Farm
A U.S. court demands the removal of the Smokey Hills wind farm, located on Osage tribal lands, citing illegal operations and imposing a $300,000 fine.
en_11401092540
The United States Orders Enel to Dismantle a 150 MW Wind Farm
A U.S. court demands the removal of the Smokey Hills wind farm, located on Osage tribal lands, citing illegal operations and imposing a $300,000 fine.
en_11401092540

Italy, United States, and Africa Confirm 1342 MW in New Wind Energy Orders with Vestas

Vestas secures 1342 MW of wind energy orders across Europe, the United States, and Africa, driving renewable energy expansion globally.
Kazakhstan improves energy production with 228 million kWh from Shelek Wind Farm
With 228 million kWh generated in 2024, the Shelek Wind Farm contributes to diversifying Kazakhstan's energy sources in the context of energy transition.
en_11401068540
Kazakhstan improves energy production with 228 million kWh from Shelek Wind Farm
With 228 million kWh generated in 2024, the Shelek Wind Farm contributes to diversifying Kazakhstan's energy sources in the context of energy transition.
en_11401068540
Eversource acquire 26 acres to connect renewable energy
Eversource, targets a strategic 26-acre site in Mystic to interconnect renewable energy sources and strengthen the New England power grid.
en_11401072540
Eversource acquire 26 acres to connect renewable energy
Eversource, targets a strategic 26-acre site in Mystic to interconnect renewable energy sources and strengthen the New England power grid.
en_11401072540
Russia opens a Rosatom factory for 450 wind turbine blades in Ulyanovsk
A Rosatom factory in Ulyanovsk will produce 450 wind turbine blades annually, strengthening Russia's industrial capacity and supporting the development of the country's largest wind farm.
en_11401060540
Russia opens a Rosatom factory for 450 wind turbine blades in Ulyanovsk
A Rosatom factory in Ulyanovsk will produce 450 wind turbine blades annually, strengthening Russia's industrial capacity and supporting the development of the country's largest wind farm.
en_11401060540

France awards two wind farm projects in the Mediterranean with €800 million investment

The French government has selected two consortia to construct floating wind farms in the Mediterranean, targeting a combined capacity of 500 MW with an estimated investment of €800 million.
Canada records a 2.4% increase in electricity production in October
Driven by wind energy and fossil fuels, Canada’s electricity production rose by 2.4% in October, despite the persistent impact of a drought limiting hydropower generation.
en_11401031540
Canada records a 2.4% increase in electricity production in October
Driven by wind energy and fossil fuels, Canada’s electricity production rose by 2.4% in October, despite the persistent impact of a drought limiting hydropower generation.
en_11401031540
Germany welcomes two wind farms with 36 MW acquired by Encavis
Encavis acquires two wind farms under construction in Germany, in Bonnhagen and Roitzsch, with a combined capacity of 36 MW. This operation aims to strengthen the national energy portfolio.
en_11401038540
Germany welcomes two wind farms with 36 MW acquired by Encavis
Encavis acquires two wind farms under construction in Germany, in Bonnhagen and Roitzsch, with a combined capacity of 36 MW. This operation aims to strengthen the national energy portfolio.
en_11401038540
The United States approves a 2.4 GW offshore wind project in Massachusetts
The Biden-Harris administration has approved an offshore wind project in Massachusetts, targeting 2.4 GW capacity to power 840,000 homes.
en_11401000540
The United States approves a 2.4 GW offshore wind project in Massachusetts
The Biden-Harris administration has approved an offshore wind project in Massachusetts, targeting 2.4 GW capacity to power 840,000 homes.
en_11401000540

Advertising

LEGAL

FOSSILS

POLICY

RENEWABLE

PLUS

VERVANT

Welcome

Your subscription

Included in this subscription:

COMMUNICATE ON ENERGYNEWS