Petrobras on divestment in the Espírito Santo Basin

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 →

BW Brasil under new command

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

Petrobras on fuel oil exports

June 05, 2020 Petróleo Brasileiro S.A. - Petrobras reports that it exported 1.11 million tons of fuel oil in May, surpassing the previous record set in February 2020 by 10%. The amount of fuel oil exported was 231% higher than the volume exported in May last year. It is important to highlight that, on 01/01/2020,... Continue Reading →

Petrobras plans new restructuring

Jun 5, 2020 Petrobras will close 2020 with a new and a leaner look. In the midst of the crisis, the oil company began to implement an extensive restructuring process that includes, among other changes, creating a decommissioning management, cutting hundreds of managerial positions and the hiring of a market executive to lead the Executive... Continue Reading →

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