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June 10, 2020 Petróleo Brasileiro S.A. - Petrobras informs that it signed new long-term contracts for the supply of petrochemical naphtha with Braskem S.A. ("Braskem") for the units in the states of Bahia and Rio Grande do Sul. The contracts come into force after the current contract closes in December 2020, and have a term... Continue Reading →
June 10, 2020 Petróleo Brasileiro S.A. – Petrobras informs that it has filed its 2019 Sustainability Report today. In addition to presenting Petrobras' operational, economic, social, environmental, and governance performance in 2019, the report also includes data regarding the first months of 2020, especially regarding the effects of the Covid-19 pandemic on the company and... Continue Reading →
Brazilian oil workers' union and oil company Petrobras have this week dismissed reports of a helicopter crash in the Campos basin, as fake news. Union SindipetroNF issued a statement is which it said that the "news published in some media on Monday, 08", that a Petrobras helicopter crashed into the Campos Basin was "Fake News."... Continue Reading →
June 10, 2020 Petróleo Brasileiro S.A. – Petrobras, in reference to the press released on 06/01/2020, regarding the sale of a part of its interest in the exploratory blocks belonging to the ES-M-596_R11, ES-M-598_R11, ES-M-671_R11, ES-M-673_R11 and ES-M-743_R11 concessions, located in the Espírito Santo Basin, hereby discloses to the interested parties that the deadline for... Continue Reading →
Royal Dutch Shell PLC is ready to start negotiating with potential clients the sale of future solar power on Brazil’s free energy market from its first farms due to start operating in 2023, Shell’s solar business development manager for Latin America said. In a telephone interview on Monday, Maria Gabriela da Rocha said the startup... Continue Reading →
June 9, 2020 Petrobras started environmental licensing for drilling a well in block POT-M-952, offshore in the Potiguar Basin. This is the second project that Petrobras is licensing in the region - in April, it started the process for block POT-M-762. - Areas contracted in 2018, in the 15th round of the ANP (concession), at... Continue Reading →
Norwegian offshore seismic data firm TGS has completed an additional phase of the Santos Basin 3D Multi-Client seismic survey in Brazil. "The survey is located south of the high-profile discoveries in the Santos Basin and the recent sought-after blocks offered in Rounds 15 and 16. The acquisition of 17,500 square kilometers of the 23,000 square... Continue Reading →
The Board of Directors of Petróleo Brasileiro S.A. – Petrobras convenes an Extraordinary General Meeting of the Company's shareholders to be held on July 09 , 2020, at 3:00 p.m., exclusively by digital format, pursuant to article 4, paragraph 2, item I and article 21-C, paragraphs 2 and 3 of CVM Instruction 481, of December 17, 2009... Continue Reading →
Jun 8, 2020 The companies that purchased blocks in the 1st Cycle of the Permanent Offer will gain more time to present the documents necessary for the signing of the contracts. The action was taken in the face of the public health situation caused by the coronavirus pandemic. The postponement of the deadlines was announced... Continue Reading →
June 5, 2020 Ricardo Mucci will head the BW Offshore (BWO) office in Brazil. The Brazilian executive, who is already responsible for BW Energy (BWE) in the country, will assume the position replacing, as of July, John Kilde, appointed to oversee other geographic areas of the company, including some businesses in Brazil. Source: PetroleoHoje
Brazil Energy Insight 