(TNPetroleo) The rig is the second to renew its contract this year. The entire company fleet continues with active contracts. Norbe IX, one of Ocyan's five deepwater drilling rigs, was rehired by Petrobras for a period of 1095 days. The new charter and services contract is scheduled for the first quarter of 2022, a few... Continue Reading →
Petrobras signs Itapu Coparticipation Agreement
Petróleo Brasileiro S.A. – Petrobras informs that it signed with Pré-sal Petróleo S.A. (PPSA) the Itapu Coparticipation Agreement, which will regulate the coexistence of the Transfer of Rights Contract (ToR) and the Production Sharing Contract (PSC) for the Suplus of the Transfer of Rights for the Itapu field, in the Santos Basin pre-salt area. The... Continue Reading →
Petrobras signs contract for the sale of the Papa-Terra Field
Petróleo Brasileiro S.A. – Petrobras, following up on the releases disclosed on 04/17/2020 and 11/24/2020, informs that it has signed with the company 3R Petroleum Offshore S.A. (3R Offshore) a contract for the sale of the totality of its participation in the Papa-Terra production field, located in the Campos Basin. The amount of the sale... Continue Reading →
Majority of Brazilians support impeaching Bolsonaro, poll shows
(Reuters) - For the first time, a majority of Brazilians support impeaching President Jair Bolsonaro, according to a poll released on Saturday, as serious graft allegations related to vaccine procurement hit the right-wing leader's already battered image. According to the survey by Datafolha, 54% of Brazilians support a proposed move by the country's lower house... Continue Reading →
Petrobras on the replacement of a Fiscal Council Member
Petróleo Brasileiro S.A. – Petrobras informs that Mr. José Franco Medeiros de Morais presented a letter of resignation as a full member of the company's Fiscal Council, for personal reasons, effective as of August 5, 2021. Additionally, the company received a letter from the Ministry of Economy indicating Mr. Jeferson Luís Bittencourt to replace Mr.... Continue Reading →
Petrobras releases teaser of E&P assets in Potiguar Basin
Petróleo Brasileiro S.A. – Petrobras informs that it has started the opportunity disclosure stage (teaser) for the sale, together with Sonangol Hidrocarbonetos Brasil Ltda. (Sonangol), of the total stakes of both companies in the onshore exploratory block POT-T-794, belonging to the BT-POT-55A concession, located in the Potiguar Basin, in the State of Rio Grande do... Continue Reading →
PETRO RIO CLOSING OF ACQUISITION OF INTEREST IN WAHOO
Petro Rio S.A. ("Company" or "PetroRio") (B3: PRIO3), in accordance with art. 26 of the Novo Mercado Regulation, and in addition to the Material Fact of March 04, 2021, informs shareholders that the country’s National Petroleum, Gas and Biofuels Agency (“ANP”) has approved the acquisition of 28.6% in the BM-C-30 Block (“Wahoo” or “Wahoo Field”)... Continue Reading →
French group Qair announces new investment in green hydrogen and offshore wind energy in Brazil
The French alternative energy company Qair has signed a memorandum of understanding with the Brazilian state of Ceará for an investment of 5.85 billion euros for the production of green hydrogen and offshore wind energy. In a statement, the Government of Ceará and Qair Brasil indicated that both projects will generate 2,600 jobs and increase... Continue Reading →
PLATFORM P-76 IN BUZIOS SENDS GAS TO THE CONTINENT
(PetroNoticias) The P-76 platform is the second production unit in the Buzios field, in the Santos Basin, to send natural gas to the continent. The activity started in June and announced today by Petrobras. The operation began after the interconnection of the ship-platform to the gas pipeline known as Rota 2, which transports production to... Continue Reading →
EXCLUSIVE Brazil’s Petrobras price hikes show company’s independence -CEO
(Reuters) - Brazil President Jair Bolsonaro was not consulted or informed about state oil giant Petrobras' (PETR4.SA) decision this week to raise fuel prices, which underscores the company's independence, Chief Executive Joaquim Silva e Luna told Reuters on Wednesday. The ex-army general chosen in April by Bolsonaro to lead the company said there has not been and... Continue Reading →