AGP Executive Report
Last update: 3 hours agoVenezuela: Fluor and Inelectra are expanding support for the country’s energy sector, while the US has authorized certain transactions in PDVSA bonds starting Dec. 18. Trinidad and Tobago and Venezuela’s energy ministers are also set to meet. Brazil: Petrobras has hired RINA for subsea integrity and decommissioning work under an €11 million, three-year contract. Separately, Ecopetrol and Petrobras have delayed their Sirius offshore gas project to 2031. Energy transition: Brazil has released roadmaps for phasing down fossil fuels and curbing deforestation ahead of COP31. In Mexico, Transition Industries, Siemens Energy and Techint signed a $210 million electrolyzer deal for a major project. Regional gas and oil: Colombia has declared restoration of its gas pipeline link with Venezuela a project of national interest. Suriname is preparing a major offshore drilling campaign, with TotalEnergies securing two rigs.
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