Petrobras and Equinor have signed a letter of intent that expands the cooperation between the two companies to assess seven offshore wind projects.
The letter of intent expands the cooperation between the two companies to assess the technical, economic, and environmental feasibility of seven offshore wind projects off the Brazilian coast with the potential to generate up to 14.5GW.
“Equinor and Petrobras have a long history of successful partnership.
“We are happy to expand our collaboration to renewables, enabling a broad energy offering in Brazil. Together we are actively engaging to contribute to the realization of offshore wind and Brazil’s energy transition, by creating the necessary initial conditions for renewables energy to develop in a sustainable way,” said Anders Opedal, CEO of Equinor.
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 1 and 2 (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) as well as Atobá and Ibituassu (both on the coast of Rio Grande do Sul), which total seven projects, effective until 2028.