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Petrobras informs, in addition to the press release issued on August 9, 2019, that the Comisión Nacional de Valores (CNV), the Argentine capital market regulator, has authorized the withdrawal of its shares from the public offering regime, exempting the company from promoting a public offering for the acquisition of shares in accordance with CNV General... Continue Reading →
Brazilian drilling contractor Sete Brasil has reached agreements with Singapore’s rig builders Keppel Offshore & Marine and Sembcorp Marine related to contracts for the construction of six semi-submersible rigs and seven drillships, respectively. Sete Brasil was formed in 2011 to own and operate drilling rigs to be used by Petrobras for drilling offshore Brazil. The... Continue Reading →
Oct 4, 2019 In October, the federal government should hold a meeting of the National Energy Policy Council to authorize the areas that will enter the auction in the 17th bidding round, scheduled for 2020. - The board of the National Petroleum Agency (ANP) last month approved the selection of 120 exploratory blocks for the... Continue Reading →
October 04, 2019 Petróleo Brasileiro S.A. – Petrobras reports that on October 17, after market closes, the company will release its quarterly production and sales report for 3Q19 and on October 24, also after market closes, it will disclose the financial statements report. On October 25 it will be held two conference calls/webcasts to present... Continue Reading →
October 04, 2019 Petróleo Brasileiro S.A. - Petrobras informs that in connection to the press released of August 1st, 2019 is paying today Interest on Capital (IOC), as defined in art. 9, sole paragraph of its Bylaws. The gross value to be distributed, totaling R$ 2,608,840,252.20, corresponds to a gross amount of R$0.20 per common... Continue Reading →
Oct 4, 2019 Following the announcement issued on September 13, 2019, Petrobras announces the beginning of the non-binding phase related to the sale of Gabriel Passos Refinery (REGAP) in Minas Gerais, with its corresponding logistics assets. Potential buyers eligible for this phase will receive a descriptive memorandum containing more detailed information on the assets in... Continue Reading →
Oct 03, 2019 Brazil extracted 2.989 million bopd in August, up 7.7% over July and 18.5% over the same period in 2018, according to the new ANP production bulletin. The volume is close to that produced by the United Arab Emirates (UAE) - the third largest among OPEC countries, behind Saudi Arabia and Iraq. According... Continue Reading →
Oct 03, 2019 Wintershall DEA will make its first partial farm out in Brazil. The German oil company will sell stakes in the four deepwater blocks that operate in the Ceara and Potiguar basins - CE-M-601, POT-M-857, POT-M-863 and POT-T-865 -, said the director of Business and Government Affairs of the company in Brazil, Júlio... Continue Reading →
October 3, 2019 The National Petroleum Agency (ANP) Special Bidding Commission has qualified for the 6th pre-salt sharing round BP, Chevron, CNODC, CNOOC, ExxonMobil, Petrobras, Petronas, Repsol Sinopec and Shell as qualified operators. Also registered were the companies Ecopetrol, Murphy, QPI and Whintershall. The 6th round of pre-salt sharing is scheduled for November 7, one... Continue Reading →
The 9,200-metric-ton jacket for the new Peregrino C platform has been loaded out at the Heerema fabrication yard in Vlissingen, the Netherlands, and is being fasted to a barge for sail away to the Equinor-operated Peregrino field offshore Brazil. The wellhead platform topsides are due to leave the Kiewit yard at Ingleside, Texas, later this... Continue Reading →
Brazil Energy Insight 