Rio de Janeiro, August 23, 2018 – Petróleo Brasileiro S.A. – Petrobras informs that the fire that occurred on 08/20/2018 reached part of two units of the Paulínia Refinery (Replan) in the state of São Paulo: • U-200 (atmospheric distillation); • U-220A (catalytic cracking). The fire did not affect the other operating units; however, its... Continue Reading →
Certification of local content has 14 companies
8/23/18 Tüv Rheiland was accredited by the ANP for activity in the areas of wells, subsea and processing Tüv Rheiland was accredited by the ANP for certification of local content, with activities planned in areas such as drilling, completion and evaluation of wells; equipment and control (rigid, flexible, umbilical and manifold lines) and oil processing... Continue Reading →
Brazil should extract 5.5 million barrels of oil per day by 2027
Oil production will reach 5.5 million barrels per day by 2027, according to estimates by the director general of the National Agency of Petroleum, Natural Gas and Biofuels (ANP), Décio Oddone, presented at the 49th Brazilian Congress of Geology. During the speech, he revealed that studies carried out by Shell indicate, that at the same... Continue Reading →
Petrobras Payment of Interest on Capital
Rio de Janeiro, August 23, 2018 – Petróleo Brasileiro S.A – Petrobras informs that in connection to the Material Fact released on 08/03/2018 is paying today Interest on Capital (IOC), as defined in art. 9, sole paragraph of its Bylaws. The value to be distributed, totaling R$652.2 million, corresponds to a gross amount of R$0.05... Continue Reading →
Petrobras Disinvestment clarifications
Rio de Janeiro, August 20, 2018 - Petróleo Brasileiro S.A. - Petrobras reports that it received the Official Letter No. 319/2018/CVM/SEP/GEA-1, which requests the following clarification: Official Letter No. 319/2018/CVM/SEP/GEA-1 “Mr. Director, 1. We refer to the complaint made by investor/public, forwarded to this CVM on 06.27.2018, regarding the suitability of the disclosure of potential... Continue Reading →
Shell Brazil evaluating potential purchase of Eletrobras assets
Royal Dutch Shell’s (RDSa.AS) Brazil chief said on Wednesday that the company is evaluating the assets of Centrais Eletricas Brasileiras SA’s (ELET6.SA) that are being put up for sale as part of the state-owned utility’s debt reduction and privatization plans. Andre Araujo also told reporters that the company was considering participating in an upcoming Brazilian... Continue Reading →
ANP reduces obligations for Petrobras, Exxon and Chariot contracts
08/22/18 The ANP (National Oil, Gas and Biofuels Agency) has reduced commitments to buy goods and services in the country's Libra contract, the country's largest oil discovery. With this, Petrobras and its partners will be able to contract platforms abroad without the risk of fines. It is the first large national contract that can approve... Continue Reading →
More time for Mero subsea works
08/22/18 Petrobras postponed again delivery deadline for interconnection services for wells in the field Petrobras has postponed the deadline for delivery of goods and services for the installation of rigid, flexible, umbilical and submarine pipelines of the Mero 1 production collection system in the pre-salt Santos. The date of submission of proposals has been postponed... Continue Reading →
Enseada Indústria Naval receives drilling rig
08/22/18 Ocyan drilling rig to undergo routine maintenance at the group's yard in Bahia The Enseada Indústria Naval group signed a contract with Ocyan to receive the Norbe VI drilling rig at its shipyard in Maragojipe, Bahia. The expectation is that the drilling rig will remain in the Paraguaçu Unit to undergo routine maintenance. With... Continue Reading →
Rig litigation win boosts Seadrill Partners’ 2Q results
Offshore drilling company Seadrill Partners’ second-quarter revenues rose, boosted by a rig litigation win. The driller, operating a fleet of eleven offshore rigs and barges, on Tuesday said its total operating revenue for the quarter was $418.1 million, up from $267.9 million a year ago. The increase was mainly attributable to the outcome of the... Continue Reading →