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2Q20 EARNINGS RELEASE AND CONFERENCE CALL SCHEDULE Rio de Janeiro, July 23, 2020 – Petro Rio S.A. [B3: PRIO3] announces 2Q20 Earnings Release Conference Call schedule: 2Q20 EARNINGS RELEASE August 03, 2020 (after market hours) All information will be available on our website (ri.petroriosa.com.br/en/) CONFERENCE CALL WILL BE HELD IN PORTUGUESE WITH SIMULTANEOUS TRANSLATION... Continue Reading →
July 24, 2020 Petróleo Brasileiro S.A. – Petrobras informs that its Executive Board approved today the beginning of the contracting processes for three new Floating Production Storage and Offloading (FPSOs) platforms for the Búzios field, in the Santos Basin pre-salt. The three new units are part of the Asset Development Plan, which envisages a total... Continue Reading →
Brazilian state-controlled oil company Petrobras said on Friday it has approved the start of a tender to build three new floating platforms, known as FPSOs, in the Buzios oilfield, one of the biggest deepwater discoveries this century. Earlier in July, Reuters reported that Petroleo Brasileiro SA, as the company is formally known, was preparing to... Continue Reading →
Havila said on Friday it has entered into a three-year bareboat contract with OceanPact Netherlands B.V. for the operation of the subsea vessel Havila Harmony in Brazil. Founded in 2007, OceanPact is dedicated to consultancy, management, and operation of oil spill response in coastal and offshore environments. It is one of the largest oil spill... Continue Reading →
Jul 23. 2020 Norwegian Norsk Hydro and electric company Golar Power signed a memorandum of understanding aimed at developing a liquefied natural gas (LNG) terminal in Barcarena, Pará. The project aims to allow Golar Power to supply gas to the Alunorte aluminum refinery, a Norsk unit near the port of Vila do Conde, also in... Continue Reading →
July 23, 2020 - Petróleo Brasileiro S.A. – Petrobras informs that the Annual General Meeting, started on 07/22, at 3:00 pm, and finished on 07/23, exclusively under the digital format, analyzed and approved, by majority vote, the following: I. Assessing the Management’s accounts, examining, discussing and voting on the Management’s Report... Continue Reading →
July 22, 2020 Petróleo Brasileiro S.A. – Petrobras informs that, in a meeting held today, the Annual General Meeting approved dividends to shareholders in the amount of R$ 1.7 billion for common shares (R$ 0.233649 per share) and R$ 2.5 million for preferred shares (R$ 0.000449 per share) outstanding, based on the 2019 annual result.... Continue Reading →
Jul 22, 2020 Constellation, Ocyan, Seadrill and Vallaris have qualified for the second phase of Petrobras' bidding for the chartering of one or more 2,400 m rigs for the Mero field, in the Santos cluster. The companies presented the best proposals in phase I, with non-binding prices for the “as is” stage. Source: PetroleoHoje
July 21st, 2020 In a challenging context, we presented solid operational performance in 2Q20. The preventive measures against COVID-19 demanded a reduction in the number of shifts in our operations, in which we have been working with 50% of the regular staff. In view of this new scenario for the oil and gas industry, we... Continue Reading →
July 21, 2020 Petróleo Brasileiro S.A. - Petrobras, following up on the release dated 06/22/2020, informs that it has filed a motion to vacate a partial arbitration award rendered in an arbitration filed by Petros and Previ before the Market Arbitration Chamber (CAM) of B3. As a result of the rules of the CAM, the... Continue Reading →
Brazil Energy Insight 