7/19/18 Petrobras has cleared a formal way to sell Transpetro's shareholding control in the future, following a recent change in its subsidiary's bylaws, according to information published in the newspaper Valor Econômico on Wednesday. The revision of the status of the logistics and transportation company, approved at an extraordinary general meeting in June, canceled an... Continue Reading →
Petrobras plans to start operations of 4 new platforms between October and December
7/19/18 Petrobras plans to start production of four new platforms between October and December this year, Hugo Repsold, executive director of Development of Production and Technology, told reporters at an event in Rio de Janeiro. In the first half of the year, the company started operations on the Campos de Goytacazes platforms in the Tartaruga... Continue Reading →
Exmar and Petrobras advance on Búzios V FPSO
7/18/2018 Petrobras has started the negotiations with Exmar, a Belgian company that presented the lowest price in the tender for the chartering of Búzios V FPSO, scheduled for the onerous assignment in 2021. The oil company completed the internal analysis phase of the proposal and since has been holding the first discussions with the... Continue Reading →
PETROBRAS Extension of Maturity of a Loan with Mizuho Bank
Rio de Janeiro, July 19, 2018 - Petróleo Brasileiro SA - Petrobras informs that yesterday it has extended the payment term of a debt with Mizuho Bank, in the amount of US$ 1 billion, due in two tranches, one in 2020 and the other in 2022. The new credit line terms include maturity in 2024... Continue Reading →
Petrobras 2018 Second Quarter Results Release Date
Rio de Janeiro, July 18, 2018 – Petróleo Brasileiro S.A. – Petrobras informs that it will release its 2018 second quarter results on August 3, 2018, before the market opens. Therefore, between 07/19/2018 and 08/03/2018, the company will be in quiet period, during which it is not able to comment or provide clarifications related to... Continue Reading →
Petrobras Clarification on News: Negotiations Involving Braskem
Rio de Janeiro, July 17, 2018 - Petróleo Brasileiro S.A. - Petrobras reports that it has received the Official Letter 272/2018/CVM/SEP/GEA-1, requesting the following clarification: Official letter No. 272/2018/CVM/SEP/GEA-1 "Dear Sir, 1. We refer to the news published on July 14, 2018, in the newspaper Folha de S. Paulo, market section, under the title: “State-owned... Continue Reading →
Ouro Preto starts in Parnaíba with three wells
7/18/18 The oil company works on final details to start campaign in blocks of the 11th round, which will extend until the end of the year Ouro Preto will start drilling its first wells in the Parnaíba Basin beginning in August, with the QG-2 rig from Queiroz Galvão Oil & Gas and Halliburton technical support.... Continue Reading →
Equinor makes new discovery in BM-S-8
7/18/18 Norwegian oil company found oil in the Guanxuma prospect in the Santos Basin pre-salt Equinor made a new discovery in block BM-S-8, in the pre-salt of the Santos Basin. According to a notification to the ANP on July 13, oil was found in well 1-STAT-10A-SPS, in a water depth of 1,990 m. Conducted by... Continue Reading →
VesselsValue shares top 5 OSV owners after Tidewater-Gulfmark merger news
The merger between offshore vessel specialists Tidewater and Gulfmark will create the world’s largest OSV fleet owner, with the second-ranked highest valued OSV fleet. This is according to VesselsValue, a website providing global vessel and rig fleet valuations, who also used to opportunity to share the list of the top five OSV owners by the... Continue Reading →
Report: Ex-Vantage Drilling CEO charged with corruption in Brazil
Brazilian prosecutors have charged former Vantage Drilling CEO Paul Bragg of corruption and money laundering. The prosecutors claim Bragg paid $31 million to Petrobras employees in exchange for drilling contracts, O’ Globo reports. According to reports, former Petrobras international branch director Jorge Zelada, and manager Eduardo Vaz Musa took the bribes. Read more