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Oilfield services giant TechnipFMC has shed more light on vessel contracts it recently secured with Petrobras in Brazil in cooperation with the Norwegian offshore vessel owner DOF. DOF last week said it had, in JV with TechnipFMC, secured three-year contracts for two pipelay support vessels Skandi Vitória and Skandi Niteroi, without sharing further details on the scope... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras, following up on the release disclosed on 12/21/2018, informs that it has finalized the transfer of rights of its 10% interest in the Lapa field to TotalEnergies. The operation, which also involves the assignment of the totality of the interest held by Petrobras Netherlands B.V. (PNBV) in Lapa Oil &... Continue Reading →
(TNPetroleo) The CBO Group, an offshore maritime support company, is implementing a study-effect gas (GHG) compensation agenda. As of September, in all new contracts signed, GHG emissions generated by the burning of fuel from vessels will be offset annually through the purchase of carbon credits, for the duration of the service provision. The goal is... Continue Reading →
(PetroNoticias) The Brazilian Institute for the Environment and Natural Resources (IBAMA) granted the operating license for Petrobras to carry out the multiazimuth 3D and 4D seismic survey activity in the Albacora, Marlim and Voador fields, in the Campos Basin. The license is valid for 4 months. The new survey could be carried out using the... Continue Reading →
(PetroNoticias) The Administrative Council for Economic Defense (CADE) approved the sale of Petrobras' 62.5% stake in the Papa-Terra field to 3R Petroleum. The $105.6 million transaction was announced in July this year. Of the total, US$ 6 million were paid in cash, while another US$ 9.6 million will be paid when the deal is closed.... Continue Reading →
The Program for the Improvement of Oil and Natural Gas Exploration and Production Tenders (BidSIM) came to the conclusion that it is "urgent" to change the law to allow the concession regime within the so-called pre-salt polygon . According to the final reports of the program, the measure is necessary to increase the attractiveness of... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras (“Petrobras”) (NYSE: PBR) announces that its wholly-owned subsidiary Petrobras Global Finance B.V. (“PGF”) has delivered notices of redemption to the holders of the outstanding 4.250% Global Notes due 2023 (“4.250% Notes”) and 4.375% Global Notes due 2023 (“4.375% Notes” and, together with the 4.250% Notes, the “Notes”). Title of SecurityCUSIPISINCommon... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras informs that, following up on the releases disclosed on June 8, 2021, August 9 and August 20, 2021, it maintains its position of seeking the full sale of its interest in Braskem and is monitoring the process of divestment of the stake held by Novonor. As part of its active... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras informs that the Extraordinary General Meeting, held today, exclusively under the digital format, analyzed and approved, by majority vote, the following: I. Election of eight (8) members of the Board of Directors of Petrobras, by cumulative vote process, as follows: Mrs. Cynthia Santana Silveira Mr. Eduardo Bacellar Leal Ferreira Mr.... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras, following up on the release disclosed on 08/16/2019, informs that it signed today a contract for the sale of its entire 93.7% equity stake in Breitener Energética S.A. (Breitener), located in the state of Amazonas, to Breitener Holding Participações S.A., a wholly owned subsidiary of Ceiba Energy LP. The sale... Continue Reading →
Brazil Energy Insight 