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 Powerships, with 560 MW of
contracted capacity. This is in addition to two solar energy
generation projects in the State of Rio
de Janeiro.
"This agreement with Petrobras reinforces our long-term
commitment to Brazil, our
investment hub in South America.
It will be an opportunity for us to work together on new business
strategies with one of the world's largest energy companies, and
potentially expand our offerings to Brazilian society and the
Americas", said Beyza Özdemir, Regional Director of Commercial
Operations for South America at
Karpowership.
The company also expects to make new investments in the coming
years in renewable projects as well as green technology
initiatives. Furthermore, Özdemir indicates that the company is
committed to creating new employment opportunities in the Brazilian
maritime, gas and power industries in synergy with international
ESG best practices.
About Karpowership
With over 25 years of experience in the floating power plant
industry, Karpowership has established itself as a leading provider
of flexible, reliable, and cleaner energy solutions worldwide. With
a global installed capacity up to 7,000 MW, spanning the company's
signature Powerships and onshore plants, alongside a fleet of
floating LNG infrastructure including LNG carriers and FSRUs,
Karpowership operates on 4 continents. Offering swift and efficient
power generation solutions, Karpowership's multi-fuel enabled
vessels can be rapidly deployed to meet diverse grid demands within
just 30 days.
In Brazil, the company's two
solar energy projects, along with its 560MW LNG-to-Power Project
utilizing Powerships and FSRUs located in Rio de Janeiro have generated more than 1,500
direct and indirect jobs. Karpowership Brasil also upholds the best
global ESG practices in the country by offering technical
qualification and skills transfer programs in partnership with the
Navy, engaging in reforestation and volunteering initiatives and
donating educational and technological items to local
communities.
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SOURCE Karpowership