Brazil Eyes Oil Industry Reforms To Lure Investors

(S&P Global, 31.Dec.2020) — Brazil needs to continue making important oil industry reforms in 2021 to remain as one of the world’s top destinations for investments amid heated global competition and uncertainties about the coronavirus pandemic, according to government and industry officials.  The efforts will come during a period of […]

Equinor Awarded Brazilian Contracts

(Equinor, 30.Jan.2020) — Equinor has, on behalf of the partners ExxonMobil and Petrogal Brasil entered into Front End Engineering and Design (FEED) contracts with early commitments and pre-investments for phase 1 of the Bacalhau (formerly Carcará) area in Brazil. Contractors have been selected for both the SURF (Subsea, Umbilical, Risers […]

Petrobras, Equinor Ink 3-Year Deal for Wind Energy Projects

(Reuters, 26.Sep.2018) — Norway’s Equinor ASA and Brazil’s Petrobras agreed to jointly seek out offshore wind projects together for the next three years, executives from the two companies said on Wednesday. Equinor’s Executive Vice President Anders Opedal and Petrobras’s Chief Strategy Officer Nelson Silva did not offer details on the […]