Petrobras will acquire an exclusive 4D streamer seismic and more gravity and magnetometric data through a mega-campaign in the Marlim Sul, Marlim Leste, Barracuda and Caratinga fields, in the Campos Basin. The oil company launched a tender for contracting the service, scheduling the delivery of proposals for December 17th. The 4D streamer seismic mapping will... Continue Reading →
Petrobras Taps Saipem for $940M Búzios 7 SURF EPCI
Brazilian oil company Petrobras has awarded Italy's Saipem a new contract worth $940 million for the delivery of subsea umbilicals, risers, and flowlines (SURF) for the installation of a rigid riser-based subsea system for a project offshore Brazil. The system will be installed at the Búzios 7 pre-salt field located about 200 km offshore the... Continue Reading →
Spike in Amazon deforestation draws shock, ups pressure on Brazil
(Reuters) - Diplomats expressed shock and disappointment on Friday at new data revealing higher-than-expected deforestation in Brazil's Amazon this year, saying it increases pressure on President Jair Bolsonaro's government to do more to stop the destruction. Evidence that Brazil sat on the data for three weeks before announcing it also drew outrage from non-governmental organizations. The... Continue Reading →
Petrobras on the result of an exploratory well in the Santos Basin
Petróleo Brasileiro S.A. – Petrobras informs that it won the bidding for the leasing of the port facility for storage and handling of fuels, called STS08A in the Porto de Santos, held by the National Agency for Waterway Transportation (ANTAQ) this Friday (11/19), in São Paulo. The company offered R$558 million for the area and... Continue Reading →
Petrobras on the form of shareholder remuneration distribution previously approved
Petróleo Brasileiro S.A – Petrobras, following up on the releases disclosed on 08/04/2021 and 10/28/2021, informs that it will carry out the distribution of the anticipation of the remuneration to shareholders relative to 2021 fiscal year, which was approved by the Board of Directors on 08/04/2021 and 10/28/2021 to be paid on December 15, 2021,... Continue Reading →
Petrobras says won’t meet all fuel distributor orders in Dec. due to high demand
(Reuters) - Brazilian state-run oil company Petroleo Brasileiro (PETR4.SA) said in a statement on Friday that it will not be able to supply all the orders from fuel distributors in December, due to high demand. The company, known as Petrobras, said there are dozens of local firms able to import fuel and meet additional December demand. It... Continue Reading →
Petrobras clarifies about pieces of news in the media – Capex
Petróleo Brasileiro S.A. – Petrobras clarifies pieces of news published in the media about the increase in its Capex in the 2022-26 Strategic Plan. The Company informs that the values mentioned in the articles are close to the values of the studies assessed by the Executive Board. However, the Strategic Plan is still being analyzed... Continue Reading →
Petrobras on the result of an exploratory well in the Santos Basin
Petróleo Brasileiro S.A. – Petrobras informs that it has identified the presence of hydrocarbons in the Santos Basin pre-salt, in a pioneer well in the Aram block. Well 1-BRSA-1381-SPS (Curaçao) is located 240 km from the city of Santos-SP, at a water depth of 1,905 meters. The oil-bearing interval was verified through wireline logging and... Continue Reading →
Petrobras to raise capex to $60-$70 bln in 2022-2026 plan -sources
(Reuters) - Petroleo Brasileiro SA (PETR4.SA) is expected to commit between $60 billion and $70 billion in capital expenditure (capex)in its next multi-year business plan as Brazil's state-controlled oil company focuses on exploration and production in subsalt areas, two sources said on Thursday. The 2022-2026 Petrobras plan, to be released on Nov. 25, is in the final... Continue Reading →
3R Petroleum Change on Equity Interest
3R PETROLEUM ÓLEO E GÁS S.A. (“3R” or “Company”), in compliance with provisions of article 12 of CVM Resolution No. 44, communicates to its investors and the market in general that received on this date, notice from Banco BTG Pactual S.A. (“BTG Pactual”) informing about the change of its equity interest in the Company. BTG... Continue Reading →
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