Rio de Janeiro, June 20, 2018 – Petróleo Brasileiro S.A. – Petrobras informs that today it prepaid a debt with Crédit Agricole CIB, in the amount of US$ 500 million, whose maturity would occur in 2022. Simultaneously, it borrowed new financing with the same bank, in the amount of US$ 400 million, with maturity in... Continue Reading →

Brazil’s move to ease rules forcing oil producers to buy from domestic suppliers means Latin America’s top producer will be able to sustain output of 5 million barrels per day (pbd) by the mid-2020s, compared to just 3.7 million bpd under prior rules, consultancy Wood Mackenzie said in a report on Wednesday. Read more

06/20/18 Brazilian Petrodin Offshore has signed a memorandum of understanding with Shangai Shipyard on May 22, which provides for the purchase or leasing of three anchored rigs. The company intends to compete in Brazil, West Africa and in the future in Argentina to make the operation viable. Each rig - the Tiger 2, 3 and... Continue Reading →

06/20/18 Approximately US $ 150 million in investments to drill 200 new wells and intervene in 500 existing ones, generating more than 2 thousand jobs. This is the scenario outlined by a study of BHGE so that the production of onshore assets put up for sale by Petrobras will resume 2014 levels. In that year,... Continue Reading →

Rio de Janeiro, June 18, 2017 – Petróleo Brasileiro S.A. – Petrobras, in compliance with article 12 of CVM Instruction no. 358, dated of 1/3/2002, informs that it was notified by BlackRock, Inc. ("BlackRock") that the latter has sold preferred shares issued by the company, and as of June 14, 2018 it manages shareholding interest... Continue Reading →

Rio de Janeiro, June 18, 2018 – Petróleo Brasileiro S.A. – Petrobras, further to the material fact of 04/03/2018 and press release of 05/23/2018, announces the beginning of the non-binding phase related to the sale of its entire stake in Baúna field (concession area BM-S-40), located in shallow waters in the Santos basin. At this... Continue Reading →

  Rio de Janeiro, June 18, 2018 – Petróleo Brasileiro S.A. – Petrobras, further to the Material Fact of 04/03/2018 and Press Release of 05/23/2018, informs the beginning of the non-binding phase related to the sale of 50% of its non-operated working interest in Tartaruga Verde field (BM-C-36 Concession) and Module III of Espadarte field,... Continue Reading →

6/18/18 Petrobras has received an environmental license from Ibama for the acquisition of high-definition 3D geophysical data in the Búzios field, in the Santos Basin, using nodes. The data acquired in the seismic survey will allow the characterization of reservoir rocks in the field, aiming to optimize oil production in the field. This work calls... Continue Reading →

6/18/18 PB-Log presented the lowest price in the fully integrated contracting model (type 3) for the Libra logistic support tender. The Petrobras subsidiary offered R $ 802 million for the provision of terrestrial, port, maritime and air services. The Sepetiba consortium, formed by Sepetiba Tecon port and the helicopter operator CHC, was the only competitor... Continue Reading →