Perenco plans $110m power-from-shore project off Brazil

AI Summary

Perenco and Porto do Açu signed a letter of intent for an offshore electrification project to connect production clusters in Brazil’s Campos Basin to the onshore grid via an 80 km subsea cable. This project supports electrification efforts for offshore oil facilities.

Perenco and Porto do Açu have signed a letter of intent to develop an offshore electrification scheme for the Pargo and Cherne production clusters in the Campos Basin. The project would connect the shallow-water facilities to Brazil’s onshore grid through an 80 km subsea cable running from a new substation at Porto do Açu, in …