TotalEnergies signs Memorandum of Understanding for offshore wind projects with the Government of Rio de Janeiro
PT EN
Rio de Janeiro, May 29, 2023 - TotalEnergies and the Government of Rio de Janeiro announce this Monday the signature of a Memorandum of Understanding (MoU) to support the development of offshore wind generation in the State. The agreement, with a 2-year duration, contemplates the collaboration of the company for studies related to fiscal and tax incentives and the expansion of the GRID system for future projects.
"We are excited about this partnership with the Government because it reinforces TotalEnergies' synergy with the offshore wind market expansion movement. The Company has recognized experience in the segment. The signing is aligned with our strategy of achieving carbon neutrality by 2050 and with our commitment to invest in the country for the long term", says Charles Fernandes, General Director of TotalEnergies EP Brazil and Country Chair of the Company in Brazil.
In Brazil, TotalEnergies has been evaluating areas since last year for environmental licensing for wind offshore plants. At the end of 2022, TotalEnergies signed a non- binding MoU with Prumo Logística, a holding company controlled by EIG and responsible for the development of Porto do Açu, for studies aimed at the installation of logistical support bases in Açu to support wind projects that may be developed by TotalEnergies.
About TotalEnergies in Brazil
TotalEnergies has been operating in Brazil for almost 50 years, through 6 subsidiaries, and today employs more than 3,500 people in its business segments, in exploration and production, gas, renewable energy (solar and wind), lubricants, chemicals and distribution.
TotalEnergies' Exploration & Production portfolio currently includes 10 licenses, of which 4 are asset operated. Additionally, in December 2022, TotalEnergies won a new non-operated deepwater exploration block in the Campos basin (Água Marinha, 30%), which is expected to be signed in the first half of 2023. In 2022, the company's average production in the country was 103.5 thousand barrels of oil equivalent per day.
TotalEnergies is investing in the growth of the renewable energy segment in Brazil. TotalEnergies' subsidiary Total Eren has 300 MW of solar and wind projects in operation. In October 2022, the company entered into a partnership with Casa dos Ventos, Brazil's leading renewable energy player, to jointly develop a 12 GW renewable energy portfolio.
TotalEnergies is also active in the Brazilian fuel distribution market with a network of about 240 filling stations as well as several storage facilities for petroleum products and ethanol.