Brazil’s state-controlled oil giant Petrobras is working with Equinor ASA to develop an offshore wind project in Latin America’s largest country.
The wind farm off the coast of Rio de Janeiro state will provide four gigawatts of capacity, Petrobras Chief Executive Officer Jose Mauro Coelho said at an event in Rio de Janeiro on Wednesday. Petroleo Brasileiro SA, as the energy producer is formally known, is also focusing on developing advanced biofuels, including jet fuel.