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home / articles / OIL - Karpowership and Petrobras forge strategic alliance to enhance integrated natural gas projects in the Americas | Benzinga


OIL - Karpowership and Petrobras forge strategic alliance to enhance integrated natural gas projects in the Americas | Benzinga

ISTANBUL, May 7, 2024 /PRNewswire/ -- Karpowership and Petrobras have signed a Memorandum of Intent (MoI) to combine their respective expertise in the natural gas and power sectors. This includes liquefaction for both floating and onshore natural gas, storage of natural gas and LNG, as well as regasification programs, to guarantee supply and meet the demand of the energy industry across the Americas.



Investments in the country are part of Karpowership's global strategy, which seeks not only to support energy security, but also the socioeconomic development of its strategic partners. Since 2022, the company has developed the world's fastest LNG-to-power project in Brazil where it now operates four floating plants, known as ...

Full story available on Benzinga.com

Stock Information

Company Name: iPath Series B S&P GSCI Crude Oil
Stock Symbol: OIL
Market: NYSE

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