Excelerate Signs New Agreement With Petrobras for FSRU Leasing

The United States Corporation secures a charter contract for the regasification ship Sequoia for a decade, starting in 2024. Excelerate Energy and Petrobras signed a contract for the chartering of the FSRU Sequoia, a regasification ship, for a period of ten years starting in January 2024. Currently, the unit is operating at the liquefied natural gas (LNG) terminal located in the Bay of All Saints, in Bahia, which is leased by the Brazilian state-owned company to the North American firm until the end of this year.

This agreement represents an important step for Excelerate’s long-term sustainable growth plan in South America. The company recognizes the potential of the Brazilian market and is committed to expanding its operations in the region. The partnership with Petrobras further strengthens Excelerate’s position as a global leader in the LNG sector.

Bahia is a strategic state for the energy sector, especially regarding LNG. The terminal’s privileged location in the Bay of All Saints allows for easier access to various consumer markets in Brazil and South America. Additionally, the port infrastructure and the region’s expertise contribute to the sector’s development.

ARTICLE CONTINUES BELOW

See also

Excelerate Energy has invested in advanced technologies for LNG regasification, seeking to optimize the efficiency and safety of the process. The FSRU Sequoia is an example of this, being a modern and high-performance unit. The partnership with Petrobras will enable a continuous supply of natural gas to meet the growing demand of the Brazilian market.

Liquefied natural gas is a clean and versatile energy source that plays a fundamental role in the transition to a more sustainable energy mix. Its use contributes to the reduction of greenhouse gas emissions and the diversification of the energy matrix, decreasing dependence on non-renewable sources.

With the chartering of the FSRU Sequoia, Petrobras ensures the supply of natural gas to the Brazilian market for the next ten years. This partnership contributes to strengthening the energy security of the country while boosting the economic development of the Bahia region.

In summary, the contract signed between Excelerate Energy and Petrobras for the chartering of the FSRU Sequoia in Bahia is an important milestone for the energy sector. This partnership strengthens the Brazilian LNG market and contributes to the transition to a more sustainable energy mix. Excelerate reaffirms its commitment to growth in South America, while Petrobras ensures the supply of natural gas to the country in the coming years.
in the Brazilian market in 2013, when it signed a charter contract with Petrobras for the supply of an FSRU, the Sequoia, which operates at the regasification terminal of Guanabara Bay, in Rio de Janeiro. Since then, the company has expanded its operations in the country and has become a leader in the Liquefied Natural Gas (LNG) segment.

In addition to the Sequoia, Excelerate Energy also has a charter contract for a second FSRU, the Experience, also with Petrobras. This unit is also in operation at the regasification terminal of Guanabara Bay, contributing to the supply of natural gas in the state of Rio de Janeiro.

Excelerate’s presence in Brazil demonstrates the recognition of the potential of this market, which stands out for the growing demand for LNG. The company has invested in infrastructure and technology to meet the country’s needs, which seeks to diversify its energy matrix and reduce dependence on non-renewable sources.

Excelerate Energy is one of the world’s leading suppliers of FSRUs, with a total of eight units in operation. In addition to Brazil, the company operates in the United States, Argentina, Bangladesh, United Arab Emirates, Germany, Finland, and Pakistan. This wide international presence reinforces the company’s expertise and its ability to serve different markets.

For Excelerate, maintaining a continuous presence in the Brazilian market is strategic. The company believes in the country’s growth potential and in the importance of LNG as a clean and efficient energy source. Additionally, the partnership with Petrobras strengthens Excelerate’s position in the Brazilian market, allowing it to offer complete and integrated solutions for the natural gas sector.

Excelerate Energy, led by Steven Kobos, remains committed to contributing to the development of the LNG sector in Brazil. The company seeks opportunities for expansion and investment in infrastructure, aiming to ensure a safe and sustainable supply of natural gas for the country.

With its experience and expertise, Excelerate Energy has been a strategic partner for Petrobras and the LNG market in Brazil. The company has stood out for the quality of its services and the reliability of its operations, becoming a reference in the sector.

In summary, Excelerate Energy is a global company that has found Brazil to be its main LNG market. With its continuous presence and investments in infrastructure, the company has contributed to the growth of the sector and the diversification of the Brazilian energy matrix. The partnership with Petrobras further strengthens Excelerate’s position in the market, allowing it to offer complete and integrated solutions for the natural gas sector in the country.
In Brazil in 2011, Excelerate Energy achieved a significant milestone by winning a tender from Petrobras for the chartering of its first FSRU in the country. Services began in 2012, marking the start of a promising partnership.

However, it was in 2021 that a significant turning point occurred for Excelerate. The company successfully won the bidding of the Brazilian state-owned company for the lease of the LNG terminal in Bahia, thus fulfilling a commitment made by Petrobras to the Administrative Council for Economic Defense (CADE). This achievement opened new opportunities and allowed Excelerate to expand its activities in the country.

Operations at the LNG terminal in Bahia began in December 2021, marking an important milestone for the company. With this lease, Excelerate ceased to be just a supplier of FSRUs in Brazil and also started trading liquefied natural gas (LNG).

This new role of Excelerate in the LNG market has brought several benefits both for the company and for the country. Bahia, being an important hub for oil and natural gas production, has become a strategic location for Excelerate to expand its business. Additionally, the diversification of the Brazilian energy matrix with the use of LNG contributes to the reduction of pollutant emissions and to ensuring a more secure and reliable energy supply.

The partnership between Excelerate and Petrobras has proven fruitful, allowing both companies to act synergistically and achieve positive results. Excelerate’s expertise in LNG logistics and infrastructure complements Petrobras’s capability in oil and natural gas production and exploration, creating a strategic collaboration for the development of the energy sector in Brazil.

Excelerate’s presence in the Brazilian market has driven not only the company’s growth but also the country’s economy. Job creation, increased investments, and the promotion of advanced technologies are some of the positive impacts that Excelerate’s operations have provided.

Furthermore, Excelerate has distinguished itself for its environmental responsibility, always seeking to adopt sustainable practices in its operations. The company adheres to the highest standards of safety and environmental preservation, ensuring that its activities are carried out consciously and in compliance with environmental regulations.

In summary, Excelerate Energy has played a fundamental role in the development of the LNG sector in Brazil. Its role in the leasing of the LNG terminal in Bahia, in partnership with Petrobras, has driven the country’s economic growth and contributed to the diversification of the Brazilian energy matrix. With a solid commitment to sustainability and innovation, Excelerate continues to be a reference in the LNG market in Brazil and worldwide.

0 Comentários

Mais recente

Mais antigos Mais votado

Feedbacks

Visualizar todos comentários

Excelerate Signs New Agreement With Petrobras for FSRU Leasing

A giant half-ton ring fell in Kenya from space, and more than a year later, scientists still do not know where it came from.

Seen from space, an image taken by an astronaut shows an unlikely oasis in the Saudi Arabian desert, protected by a terrain that slows the advance of sand, surrounded by green circles, remnants of an extinct lake and nearly 10,000 years of preserved history.

In Botswana, a salt flat of up to 16,000 km² that was once an African megalake spends months as an absolute white desert, but during the rainy season it transforms into a shallow sea that reappears from nowhere and can be seen from space in the middle of southern Africa.

Bavarian archaeologists unearthed a medieval skeleton that had an articulated iron hand in place of its left arm, and the discovery reveals that doctors were already creating sophisticated prosthetics over 500 years ago.

Cell phones in schools: learn how a year after the ban, students and teachers are already noticing positive effects and recording improvements in academic performance with increased attention and active participation.

With 1,000 buses sent abroad, the Brazilian manufacturer consolidates the strength of national technology and takes on a leading role in public transportation across all of Latin America.

More than 1,500 Chinese workers transformed an entire railway station in just one night and reduced a 7-hour journey to 90 minutes with a high-speed line of 200 km/h.

Brazilian city becomes a global destination after attracting tourists who travel up to 10,000 km to visit a sanctuary with 11 giant saints up to 10 meters tall, open 24 hours and located along a highway in SP.

JBL Flip Essential 3 SE is launched with 30W of power (20W + 10W), Bluetooth 5.4, Auracast for multiple connections, IP67 water and dust resistance, up to 12 hours of battery life, and a price of approximately R$ 660 in China.

After ten days orbiting the Moon, science confirms that the astronauts of the Artemis II mission return with altered bodies.

Pernambuco paradise with 59% of preserved area advances with R$ 2 billion in e-methanol, aims for 900 tons/day, grows 38.6% and builds electrified terminal of 400 thousand TEUs.

Brazil may have railways back on the map, but it will need the government: a study reveals 7,412 km ready for reactivation, a cost of R$ 75 billion, 61 sections analyzed, and none viable without public funding.

Excelerate Signs New Agreement With Petrobras for FSRU Leasing

A giant half-ton ring fell in Kenya from space, and more than a year later, scientists still do not know where it came from.

Seen from space, an image taken by an astronaut shows an unlikely oasis in the Saudi Arabian desert, protected by a terrain that slows the advance of sand, surrounded by green circles, remnants of an extinct lake and nearly 10,000 years of preserved history.

In Botswana, a salt flat of up to 16,000 km² that was once an African megalake spends months as an absolute white desert, but during the rainy season it transforms into a shallow sea that reappears from nowhere and can be seen from space in the middle of southern Africa.

Bavarian archaeologists unearthed a medieval skeleton that had an articulated iron hand in place of its left arm, and the discovery reveals that doctors were already creating sophisticated prosthetics over 500 years ago.

Cell phones in schools: learn how a year after the ban, students and teachers are already noticing positive effects and recording improvements in academic performance with increased attention and active participation.

With 1,000 buses sent abroad, the Brazilian manufacturer consolidates the strength of national technology and takes on a leading role in public transportation across all of Latin America.

More than 1,500 Chinese workers transformed an entire railway station in just one night and reduced a 7-hour journey to 90 minutes with a high-speed line of 200 km/h.

China has just discovered oil in rock layers that no one thought could be explored at the bottom of the South China Sea, and the field with over 100 million tons could change the balance of energy power in Asia.

Petrobras finds oil on the seabed in the Campos Basin, hundreds of kilometers off the coast of Rio, and the discovery in a deep area raises curiosity about what else may be hidden in the pre-salt and how much this new area could surprise Brazil in the coming years.

Petrobras announces a new discovery in the pre-salt layer of the Campos Basin in block C-M-477, 201 km off the coast of Rio and at a depth of 2,984 m, following indications from electrical profiles, gas, and samples collected during drilling.

Even before the first drilling on the Brazilian Equatorial Margin, a wave of migrants is pressuring Oiapoque, expanding precarious occupations and transforming the city of Amapá into the new epicenter of the oil rush in the Amazon.

Oil rises more than 7% and surpasses $102 this Monday (13) after the announcement of the U.S. blockade on Iran, putting pressure on fuels, raising global inflation, and impacting economic costs.

Brazilian city becomes a global destination after attracting tourists who travel up to 10,000 km to visit a sanctuary with 11 giant saints up to 10 meters tall, open 24 hours and located along a highway in SP.

JBL Flip Essential 3 SE is launched with 30W of power (20W + 10W), Bluetooth 5.4, Auracast for multiple connections, IP67 water and dust resistance, up to 12 hours of battery life, and a price of approximately R$ 660 in China.

After ten days orbiting the Moon, science confirms that the astronauts of the Artemis II mission return with altered bodies.

Pernambuco paradise with 59% of preserved area advances with R$ 2 billion in e-methanol, aims for 900 tons/day, grows 38.6% and builds electrified terminal of 400 thousand TEUs.

Brazil may have railways back on the map, but it will need the government: a study reveals 7,412 km ready for reactivation, a cost of R$ 75 billion, 61 sections analyzed, and none viable without public funding.