September 17, 2020 Petro Rio S.A. (“Company” or “PetroRio”) (B3: PRIO3), in compliance with the Securities and Exchange Commission (“CVM”) Instruction No. 358, of January 3, 2002, as amended, and in addition to the material fact disclosed on September 10, 2020, informs its shareholders and the market in general that it has chosen to interrupt... Continue Reading →
Petrobras on sale of fertilizer unit in Paraná
September 17, 2020 Petróleo Brasileiro S.A. – Petrobras, informs that it has started the opportunity disclosure stage (teaser), referring to the sale of all its shares in the company Araucária Nitrogenados S.A. (ANSA), in the state of Paraná. The teaser, which includes key information about the opportunity, as well as the eligibility criteria for selection... Continue Reading →
PETROBRAS EXTENDS DEADLINE FOR SUBMISSION OF PROPOSALS IN MEGA TENDER FOR FLEXIBLE RISERS
Sept 17, 2020 An extra time for competitors who wish to participate in Petrobras' mega tender to contract more than 560 km of flexible risers. The Brazilian state-owned company decided to postpone the date for opening envelopes to January 6 of next year. Previously, the deadline was set for October 2. As we reported, the... Continue Reading →
Petrobras in negotiation for two rigs
Sept 17, 2020 After months of delays, bidding for chartering drilling units for water depths of 2,400 m to 3,000 m advances, launched by the oil company in October 2019. Petrobras will contract two rigs for projects operated in consortium, one from Diamond and the other from Seadrill. Source: PetroleoHoje
Wintershall Dea to Keep Mobile Working Model Even When Pandemic is Over
Sept 17, 2020 German oil and gas company Wintershall DEA said Thursday it would establish mobile and flexible working as a standard practice even after the pandemic. "We aim to achieve a mix, a hybrid working model, for when the pandemic is over. We call it Flex Forward at Wintershall Dea,” says Mario Mehren, CEO... Continue Reading →
Petrobras on final results of offer to exchange securities offered in private transactions
Sept 15, 2020 Petrobras announces that holders of U.S.$4,037,681,000 aggregate principal amount of 5.093% Global Notes due 2030 (the “Old Notes”), issued by its wholly-owned subsidiary Petrobras Global Finance B.V. (“PGF”), tendered their Old Notes prior to 5:00 p.m., New York City time, on September 15, 2020 (the “Expiration Date”), pursuant to PGF’s previously announced... Continue Reading →
Petrobras on LNG regasification record
September 17, 2020 Petróleo Brasileiro S.A. - Petrobras informs that it has successfully concluded the operation test with an flowrate of 30 MM m3/day (millions of cubic meters per day) of natural gas, held at the Guanabara Bay (TR-BGUA) liquefied natural gas regasification terminal in Rio de Janeiro, becoming the new world record for regasification... Continue Reading →
PETROBRAS DIRECTOR SAYS THE COMPANY STILL SEARCHES ITS FUTURE IN RENEWABLES, BUT SEES POTENTIAL IN OFFSHORE WIND
Sept 17, 2020 Petrobras is interested in investing in renewable energies, but while other oil companies already have more defined plans for this sector, the Brazilian state-owned company is still looking for a way to enter in this market. The company's executive director of finance and investor relations, Andrea Marques de Almeida, declared that Petrobras... Continue Reading →
Sapura Energy nets over $203 million in new contracts
Sept 17, 2020 Oil and gas services provider Sapura Energy has announced two major project wins in South America, as well as a drilling contract win in the Ivory Coast. Sapura Energy said on Thursday that the total value of the three contracts is RM 840 million ($203.4 million), bringing the company’s total wins to-date... Continue Reading →
Wilson Sons Names New CEO of Operations in Brazil
September 17, 2020 Brazilian maritime logistics and port operator Wilson Sons has accepted the resignation of Cezar Baião from the position of CEO of Operations in Brazil, effective from March 5, 2021. The company has this week said that its board has accepted the nomination and decided to appoint Fernando Fleury Salek as CEO of... Continue Reading →