Shell Is Entering Brazil's Offshore Wind Energy Market: "It's Only A Matter Of Time"

Shell Is Entering Brazil’s Offshore Wind Energy Market: “It’s Only A Matter Of Time”

Written by Paulo Nogueira

Published on 03/09/2020 at 06:54

Shell confirma que investirá em energia eólica offshore no Brasil

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Shell Will Soon Enter Brazil’s Offshore Wind Energy Market, Said Country Manager André Araujo in a Webinar.

André Araujo, President of Shell Brazil, on the Offshore Wind Energy Market Yesterday (02): “At this moment, we are focusing on creating a group in the solar energy market, but I am in direct contact with our offshore wind group and we have discussed the fact that Brazil cannot be left out of this journey. So it’s just a matter of time,” said Araújo during a webinar organized by the Brazil-England Chamber of Commerce this Wednesday.

Shell is already investing in offshore wind energy outside of Latin America, mainly in the United States and the North Sea. In Brazil, however, the company has focused on oil and gas exploration and production, with over 32 contracts, 21 of which as operator, in the Campos, Santos, Barreirinhas, Espírito Santo, and Potiguar basins.

Shell Webinar Offshore Wind Energy André Araújo — Video – Shell Webinar on Investments in Brazil in Offshore Wind Energy

Precursor for Offshore Wind Energy Projects

Brazil is expected to become the first country in Latin America to Attract Investments in Offshore Wind Energy. Several oil companies, including Shell, with offshore activities in the country are eyeing the market. Last month, Norway’s Equinor initiated an environmental licensing process with the regulator Ibama to develop a 4GW offshore wind project in the state of Rio de Janeiro. Total and Enauta stated last year that they are interested in similar projects.

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Shell Is Entering Brazil’s Offshore Wind Energy Market: “It’s Only A Matter Of Time”

Shell Will Soon Enter Brazil’s Offshore Wind Energy Market, Said Country Manager André Araujo in a Webinar.

Precursor for Offshore Wind Energy Projects

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Shell Is Entering Brazil’s Offshore Wind Energy Market: “It’s Only A Matter Of Time”

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