(PN) The director of Exploration and Production at Petrobras, Joelson Mendes, said that the resilience and competitiveness of the company's portfolio of E&P areas, depending on the production profile, is more efficient due to the technological solutions developed to reduce emissions . Joelson participated in the “Global Competitiveness of Latin American Upstream” panel at CERAWeek,... Continue Reading →
Atlanta FPSO Sets Sail for Brazil
(OE) Oil and gas company Enauta has confirmed that the floating production storage and offloading (FPSO) unit Atlanta started sailing towards its final location at the Atlanta Field in Santos Basin, offshore Brazil. After the conclusion of the activities in Dubai and sea trials, the unit set sail toward Brazil, with the travel time estimated... Continue Reading →
MAN Energy Solutions Lands Major Order for MODEC’s New FPSO
(OE) MAN Energy Solutions has been hired to supply 11 RB-type compressor trains for MODEC’s floating production storage and offloading (FPSO) unit that will be deployed at the Raia project, in the Campos Basin, offshore Brazil. The order’s substantial value marks it as the largest single order ever received at MAN Energy Solutions Switzerland, the... Continue Reading →
Petrobras on payment of remuneration to shareholders
Petróleo Brasileiro S.A. – Petrobras, following up on the Material Facts of 11/09/2023, 11/21/2023 and 03/13/2024, informs that it will pay today the second installment of dividends relating to the balance sheet of September 30, 2023. The gross amount to be distributed today is R$ 0.68864344 per common and preferred share, in the form of... Continue Reading →
Petrobras signs agreement with Mitsui to evaluate low-carbon business opportunities
Petróleo Brasileiro S.A. – Petrobras informs that it has signed a Memorandum of Understanding with Mitsui & Co. (Brasil) S.A. for a non-binding assessment of low-carbon business opportunities in Brazil. The agreement was signed during CERAWeek, a global energy conference being held in Houston, USA. The partnership involves evaluating potential opportunities for the production of... Continue Reading →
Focus: Green energy giant Statkraft looks beyond Norway for growth
(Reuters) - Norwegian state-owned utility Statkraft, which has quietly become Europe's largest renewable energy producer, faces the challenge under its new CEO of balancing ambitions for global growth with financial restraint and calls to go public. On Monday, Statkraft's board announced Birgitte Ringstad Vartdal, its head of Nordic operations, would take on the top job... Continue Reading →
Petrobras further clarifications on extraordinary dividends
Petróleo Brasileiro S.A. – Petrobras, in relation to the news published in the media and as already disclosed on March 12 and March 15, reaffirms that the statement that there was any promise to pay extraordinary dividends at the event held with analysts and investors on 01/30/2024 and 01/31/2024 (Deep Dive) held by the company... Continue Reading →
Lula Irks Investors in Bid to Spur Brazil Growth, Boost Approval
(Bloomberg) -- Inside Brazil’s presidential palace, angst is mounting as the economy sputters along, churning out tepid growth figures month after month. President Luiz Inacio Lula da Silva is ratcheting up the pressure on his top aides to boost spending, gin up faster growth and turn around his sinking approval ratings. This, people close to... Continue Reading →
Final Subsea System Components for Atlanta FPSO En Route to Brazil
(OE) The final pieces of subsea system equipment that will support the production from Enauta’s floating production storage and offloading (FPSO) unit Atlanta at Brazil's Santos Basin have been shipped. The final pieces of subsea system equipment that will support the production from Enauta’s floating production storage and offloading (FPSO) unit Atlanta at Brazil's Santos... Continue Reading →
Petrobras on extraordinary dividends controversy
Petróleo Brasileiro S.A. – Petrobras, regarding the article "Controversy puts dialogue between Petrobras and the market in check", published in Valor Econômico this Friday, reiterates that the company did not promise or signal a direction for extraordinary dividends at an event with analysts and investors, as already disclosed in a release on March 12. Petrobras... Continue Reading →