Petrobras and Equinor have released a statement on their agreement to evaluate seven offshore wind projects in Brazil. During CERAWeek (annual energy conference organized by S&P Global in Houston, Texas), the two companies signed a letter of intent that expands the cooperation between them to assess seven offshore wind power generation projects.
The letter of intent expands the cooperation between the two companies to assess the technical, economic, and environmental feasibility of seven offshore wind power generation projects off the Brazilian coast with the potential to generate up to 14.5 GW. With these studies, the expectation is to advance in the country’s energy transition projects.
We are happy to expand our collaboration to renewables, enabling a broad energy offering in Brazil. […] by creating the necessary initial conditions for renewables energy to develop in a sustainable way
The agreement is the result of the partnership signed between Petrobras and Equinor in 2018 – and had its scope expanded beyond the two wind farm opportunities – Aracatu I and II (located on the coastal border between the states of Rio de Janeiro and Espírito Santo), initially planned.
In addition to these two projects, the new agreement provides for an assessment of the viability of wind farms Mangara (on the coast of Piauí); Ibitucatu (coast of Ceará); Colibri (on the coastal border between Rio Grande do Norte and Ceará); besides Atobá and Ibituassu (both on the coast of Rio Grande do Sul) – in a total of seven projects, effective until 2028.
Petrobras & Equinor Brazil Offsore Windfarms Under Evaluation Map
The phase is for studies and the allocation of investments depends on in-depth analyzes to assess their viability, in addition to regulatory advances that will allow the authorization processes for the activities, to be carried out by the Union.
…said Petrobras president and CEO Jean Paul Prates.
The Brazilian potential for offshore wind power generation brings promising opportunities for diversifying the country’s energy matrix. Offshore wind generation technology uses the strength of winds at sea to produce renewable energy.
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