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May 04, 2020 – Petróleo Brasileiro S.A. – Petrobras, following up on the press release disclosed on March 18 , 2020, regarding the sale of its entire 51% stake in Petrobras Gás S.A. (Gaspetro), informs the reopening of the analysis and qualification phase for potential buyers, which will extend until May 15, 2020. The adjusted... Continue Reading →
May 04, 2020 Petróleo Brasileiro S.A. – Petrobras, following up on the press release disclosed on January 31 , 2020, announces the beginning of the binding phase regarding the sale of all of its shares in the companies Eólica Mangue Seco 1 and Eólica Mangue Seco 2, owners of wind farm generation plants. The company... Continue Reading →
Brazil produced 2.973 million barrels per day of oil in March, up 0.1% from February and up 16.1% from the same month a year before, national oil regulator ANP said on Monday. The figures suggest that production cuts announced at the end of March by state-run oil giant Petroleo Brasileiro SA had a relatively modest... Continue Reading →
May 4, 2020 The crisis caused by the coronavirus pandemic is changing the calendar for the entire oil and gas sector in Brazil. This time, the National Petroleum Agency (ANP) decided to extend to December 31 this year the deadline for Petrobras to conclude the divestments of its fields onshore and in shallow water. The... Continue Reading →
May 4, 2020 ABESPetro and IBP are committed to seeking joint solutions to overcome the unprecedented crisis in the oil and gas industry. If, on the one hand, the focus on adopting measures to preserve the health of employees is a consensus between the two main entities in the sector, on the other, disagreements on... Continue Reading →
May 4, 2020 Petróleo Brasileiro S.A. - Petrobras reports that it has started the opportunity disclosure stage (teaser), referring to the sale of its entire stake in the Manati field, a maritime production concession in shallow waters located in the Camamu Basin, in the State of Bahia. The teaser, which includes key information about the... Continue Reading →
May 4, 2020 Petrobras exported 1 million barrels of oil per day in April. This represents a new oil export record and contributes to strengthening the company's cash flow. The previous record was 771 thousand barrels per day, set in December 2019. The result occurs in a challenging period of the world economy, with high... Continue Reading →
May 4, 2020 Petrobras suspended the result of the bidding process for the acquisition of goods and services to adapt the submarine gas network at Parque das Baleias. Petrobras' bidding committee reviews classification of Brazilian company Prática Engenharia in first place, with the price of R $ 268.492 million, the oil company published a statement... Continue Reading →
Apr 30, 2020 Karoon announced on Thursday that it will eliminate discretionary and capex costs, except for those involving the acquisition of the Baúna field, in the Santos Basin. Regulatory approvals and contracting of the project's FPSO in the Santos Basin have been hampered by the pandemic. The company will also cut costs, including shrinking... Continue Reading →
Apr 30, 2020 Petrobras intends to acquire Equinor's stakes in blocks ES-M-598 and ES-M-673, in deep waters in the Espírito Santo Basin. They are operated by the Norwegian company with a 40% stake, in partnership with Petrobras (40%) and Enauta (20%). At the end of the operation, Petrobras will hold an 80% interest in both... Continue Reading →
