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Damen Shipyards Group and Compagnie Maritime Monégasque (CMM) announced a two-year offshore support contract for Damen Fast Crew Supplier (FCS) 7011 Aqua Helix. The vessel will transport personnel to and from offshore platforms in support of an oil and gas decommissioning project. The 2022-built Aqua Helix arrived in Brazil on January 26 and is anticipated... Continue Reading →
Petróleo Brasileiro S.A - Petrobras informs that its CEO Jean Paul Terra Prates has indicated 5 new members for the composition of the Executive Board: Trading and Logistics Executive Board, Mr. Claudio Schlosser; Production Development Executive Board, Mr. Carlos Travassos; Exploration and Production Executive Board, Mr. Joelson Falcão; Refining and Natural Gas Executive Board, Mr.... Continue Reading →
Petróleo Brasileiro S.A. –Petrobras informs that, in a session held today, the First Panel of the Superior Chamber of Tax Appeals (CSRF), a body of the Administrative Board of Tax Appeals (CARF), rejected the appeals filed by the Company and decided that IRPJ and CSLL taxes are due on the profits of its foreign subsidiary ... Continue Reading →
Despite the global energy crisis, new global oil and gas discoveries in 2022 have driven exploration to the highest value creation in over a decade, reaching a whopping $33 billion at base price, led by major discoveries in Namibia, Guyana, Brazil and Algeria, as outlined by Wood Mackenzie, an energy intelligence group. Wood Mackenzie, a... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras informs that it received today, up front, from Shell, the amount of R$ 347 million, regarding the complement of the firm compensation (earnout) for fiscal year 2022, related to the Atapu block. The amount already includes the amount of the gross-up of taxes related to Shell' 25% stake in Atapu... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras, following up on the releases disclosed on 07/24/2020, 07/28/2020 and 11/06/2020, informs that it received today from Karoon Petróleo & Gás Ltda (Karoon), a subsidiary of Karoon Energy Ltd, the amount of R$ 430 million, equivalent to the contingent payment of the oil price for the year 2022. This amount... Continue Reading →
(Reuters) The new chief executive of Petrobras told employees the oil company will drive Brazil's transition to renewable energy, while keeping its oil and gas expansion on track. The first remarks by Jean Paul Prates as CEO, in a video to employees, mark a strategy shift for the state-run firm, which has spent the last... Continue Reading →
(Reuters) - The new Chief Executive of Brazil's Petrobras, Jean Paul Prates, has picked geologist Mario Carminatti to head the oil company's exploration and production division, people with knowledge of the information said on Friday. As the company's chief geologist, Carminatti is highly respected at Petrobras for having led the discovery in 2006 of one... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras informs that it received today, up front, the amount of R$ 1.3 billion, regarding the complement of the firm compensation (earnout) for fiscal year 2022, related to the Sépia block. The amount already includes the amount of the gross-up of taxes related to TotalEnergies' 28 %, Petronas’21 % and QP... Continue Reading →
Petróleo Brasileiro S.A. - Petrobras, informs that its Board of Directors, in a meeting held today, in line with the continuous improvement of its governance, approved a Tax Policy (Policy) applicable to the company and its equity holdings. "The Policy reiterates Petrobras' commitment to ensure that tax management, which covers taxes and governmental holdings, is... Continue Reading →
