Summary by Moomoo AI
Petroleo Brasileiro SA Petrobras (Petrobras) has announced the signing of a Protocol of Intentions with the Government of the State of Rio de Janeiro on June 18, 2024. The agreement aims to conduct joint studies on the feasibility of an offshore wind energy pilot project near Rio de Janeiro. This initiative is part of Petrobras' efforts to align with state programs and policies, and it is expected to contribute to the region's development and decarbonization of the company's exploration and production activities. The pilot project will serve as a testing ground for new technologies and help identify competitive elements and challenges for future commercial-scale projects. Petrobras has been measuring wind potential in the area since 2020 using Lidar technology. Additionally, the company is evaluating a CO2 capture and storage hub in northern Rio de Janeiro, which could store up to 100,000 tons of CO2 annually. Petrobras will disclose material facts to the market as they become available.