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South American next-door neighbors make hydrocarbon partnership authorities

Home Fossil Energy South American next-door neighbors make hydrocarbon cooperation main

September 27, 2024, by Dragana Nikše

Brazilian state-owned oil and gas giant Petrobras has actually signed a memorandum of understanding (MoU) with Suriname’s nationwide oil business Staatsolie Maatschappij Suriname (Staatsolie) to step up their cooperation in numerous elements of the energy arena.

MoU finalizing; Source: Staatsolie

The offer formalizes the 2 companies’ objective to analyze cooperation chances in particular locations, such as expedition and production of hydrocarbons, carbon capture and storage, renewable resource, exchange of understanding and know-how, and contingency reaction preparation and execution.

“We are thrilled with the cooperation that can now take concrete type. Petrobras is a world-renowned business, specifically in the technical field,” stated Annand Jagesar, CEO of Staatsolie.

The MoU provides Staatsolie access to over 1,200 patents held by Petrobras to even more establish Sutiname’s oil, gas, and energy market and make it more sustainable while adding to local energy strength and shift.

The energy security in another nation surrounding Brazil– Colombia– is feared to be at stake after a judge purchased the suspension of drilling operations at the Petrobras-operated Uchuva-2 well in Colombian waters.

Recently, the Brazilian significant distributed 2 subsea tasks to TechnipFMC. The UK gamer is set to deal with riser versatile pipelines and subsea production systems to be utilized on the Atapu 2, Sepia 2, and Roncador tasks in the Brazilian pre-salt location.

  • Published: 13 days ago

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