08/09/18 At least six prospects are already licensed for the campaign in 2019 With the success of the Polvo field revitalization campaign, PetroRio is expected to start at least one more ring fence drilling campaign in 2019, company director of operations Roberto Monteiro said. The estimate is that there are already six licensed prospects ready... Continue Reading →

  The ANP announces this Friday (10/8) a new tender for the 5th pre-salt auction, which will take place on October 28th. The announcement is needed after the changes indicated by the Union Court of Auditors, which eventually increased the minimum share of Union oil in the areas of Saturno and Tita. The TCU increased... Continue Reading →

Rio de Janeiro, August 9, 2018 – Petróleo Brasileiro S.A. – Petrobras informs that it has received a return of R$ 1.034 billion through cooperation and leniency agreements signed with individuals and legal entities by the Federal Public Prosecutor's Office in Curitiba and by the Office of the Attorney General in Brasília under Operation Car... Continue Reading →

  The Brazilian Fiscal Authority has again updated the "Questions and Answers" contained in the Repetro Manual, and included important clarifications regarding the definitive modality of importation within the scope of Repetro-Sped. Firstly, the possibility of replacing the beneficiary was confirmed, before the end of the 5 year suspension period, in relation to goods imported... Continue Reading →

August 09, 2018 BE Petroleo presents Petrobras estimates for offshore drilling and completion operations Petrobras' demand for offshore wells is expected to grow again in 2019 after four years of decline. According to company estimates to which BE Petróleo had access, 47 wells to be drilled and the completion of 50 wells for next year,... Continue Reading →

Offshore driller Vantage Drilling saw its revenue rise and net loss narrow in the second quarter of 2018. The Cayman Islands exempted company recorded a 2Q revenue of around $60 million, an increase compared to $53 million in the second quarter of 2017. Read more

Murphy Oil Corporation (NYSE: MUR) today announced its financial and operating results for the second quarter ended June 30, 2018, including net income of $46 million, or $0.26 per diluted share. Financial highlights for the second quarter include: Generated adjusted income of $63 million, or $0.36 per diluted share Achieved annualized year-to-date EBITDA to average... Continue Reading →

Rio de Janeiro, August 7, 2018 – Petróleo Brasileiro S.A. – Petrobras, further to the material facts disclosed on 5/28/18, 6/1/18 and 6/8/2018, informs that its Board of Directors, after deliberation of the Executive Board and following internal governance for approval, approved in a meeting held yesterday the company’s adhesion to the 3rd phase of... Continue Reading →