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Aug, 19, 2020 Ibama renewed the operating license for the Baúna field, purchased by Karoon from Petrobras, in the Santos Basin post-salt. The license is valid until August 2024. Karoon expects to close the purchase of the field with Petrobras by September. The sale of 100% of Baúna was agreed at US$ 665 million, in... Continue Reading →
Aug 19, 2020 Petrobras will decide on the future of the bidding for the chartering of the FPSO of Itapu (transfer of rights) this week. The expectation is that the oil company will either choose to cancel the bid or postpone, once again, the date of delivery of the proposals, with the promise of being... Continue Reading →
Aug 19, 2020 The National Energy Policy Council (CNPE) approved the realization of the 17th and 18th bidding rounds in the years 2021 and 2022, respectively. The auctions would be held this year and next, but were postponed due to the crisis triggered by Covid-19 and the drop in world oil demand. In addition, the... Continue Reading →
Aug 19, 2020 The process of divestment in onshore fields in Brazil recently registered in the oil and gas industry due to the price of a barrel of oil and the economic recession caused by the covid-19 pandemic should warm up the sector and generate a promising market, evaluates the head of energy and natural... Continue Reading →
August 19, 2020 Petróleo Brasileiro S.A. - Petrobras, following up to the announcement made on March 10, 2020, informs that the cash contribution of R$ 2.05 billion to be paid to the Petrobras Social Security Foundation (Petros) was renegotiated due to the macroeconomic scenario and the guidance provided by the Secretariat for Coordination and Governance... Continue Reading →
August 18, 2020 Petro Rio S.A. (“Company” or “PetroRio”) (B3: PRIO3), in addition to the Material Fact disclosed August 3, 2020, informs its shareholders and the Market in general of the results of the the Revitalization Campaign in the Tubarão Martelo Field (“Field”). The Revitalization Campaign consists of a workover (replacement of submersible pump) in... Continue Reading →
Aug 18, 2020 This week Petrobras launched a tender to choose a supplier to acquire up to 15.1 km of flowline flexible pipelines for gas injection. The International competition will be in closed dispute mode, with the deadline for submitting proposals on August 24th. The opening of the envelopes with the competitors' proposals is scheduled... Continue Reading →
August 17, 2020 Petróleo Brasileiro S.A. – Petrobras (“Petrobras”) (NYSE: PBR) announces the commencement of an offer (the “Exchange Offer”) by its wholly-owned subsidiary Petrobras Global Finance B.V. (“PGF”) to exchange up to U.S.$4,115,281,000 aggregate principal amount of PGF’s newly issued 5.093% Global Notes due 2030 (CUSIP/ISIN: 71647N BE8 / US71647NBE85) (the “New Notes”) registered... Continue Reading →
Aug 17, 2020 The combined production of oil and gas in the Brazilian pre-salt reached 2.7 million barrels of oil equivalent in July, a positive variation of 6% compared to June . With this number, the pre-salt corresponded for 70.8% of national production - this was the first time in history that the wells in... Continue Reading →
Aug 17, 2020 Enauta (ENAT3) signed a contract with Gas Bridge to sell its entire 45% stake in the Manati field in Bahia, the company said in a statement released on Sunday. The transaction involves R $ 560 million, the company said, noting that the amount is subject to the overcoming of contractual conditions and... Continue Reading →
