February 21, 2020 Petróleo Brasileiro S.A. – Petrobras, following up on the release disclosed on 02/10/2020, informs the beginning of the non-binding phase related to the sale of 100% of its shares in Nitrogen Fertilizer Unit III (UFN-III). Potential buyers qualified for this phase will receive a descriptive memorandum with more detailed information about the... Continue Reading →
Petrobras releases teaser for sale of fertilizer plant
February 07, 2020 - Petróleo Brasileiro S.A. - Petrobras reports that it has started the opportunity disclosure stage (teaser), regarding the sale of all its equity stake in its Nitrogen Fertilizer Unit III (UFN-III ). The teasers, which contain key information about the asset, as well as the eligibility criteria for selection of potential participants,... Continue Reading →
Petrobras starts binding phase of assets in Uruguay
Feb 04 ,2020 A Petrobras, following up on the press release disclosed on 01/17/2020, informs the beginning of the binding phase related to the sale of 100% of the shares held by Petrobras Uruguay Sociedad Anónima de Inversiones (PUSAI), a subsidiary of Petrobras, in Petrobras Uruguay Distribuición S.A. (PUDSA). Potential buyers qualified for this phase... Continue Reading →
A $5 Billion Offering Tests Appetite for Slimmed-Down Petrobras
Petroleo Brasileiro SA is starting this decade much the same way it started the last: with a highly anticipated share sale. The similarities end there. Back in 2010, Petrobras was a booming oil powerhouse with ambitions to more than double output and cement its monopoly on a massive offshore oil discovery. In 2020, it is a scandal-scarred... Continue Reading →
Petrobras releases teaser of the Pará-Maranhão Basin
February 3, 2020 Petróleo Brasileiro S.A. - Petrobras reports that it has started the opportunity disclosure stage (teaser), referring to the sale of part of its equity interestin exploratory blocks, belonging to the BM-PAMA-3 and BM-PAMA-8 concessions, located in the Pará-Maranhão Basin. Petrobras is the operator of the blocks, with 100% stake in the BM-PAMA-3... Continue Reading →
Petrobras clarifies on Gaspetro
February 3, 2020 Petróleo Brasileiro SA - Petrobras, in relation to the news published in the media, concerning the sale of its 51% stake in Petrobras Gás SA (Gaspetro), clarifies that the sale model of the subsidiary is not yet defined. Petrobras, within the scope of its active portfolio management, has already started studies for... Continue Reading →
Petrobras releases teaser for E&P in Campos Basin
February 3, 2020 Petróleo Brasileiro S.A. - Petrobras reports that it has started the opportunity disclosure stage (teaser), referring to the sale of its entire stake of the Papa-terra field, located in deepwater in the Campos Basin. The teaser, which includes key information about the opportunity, as well as the eligibility criteria for selection of... Continue Reading →
Petrobras releases teasers for sale of wind power plants
January 31, 2020 Petróleo Brasileiro S.A. - Petrobras reports that it has started the opportunity disclosure stage (teaser), regarding the sales of all of its equity stakes in the companies Eólica Mangue Seco 1 and Eólica Mangue Seco 2, owners of wind power generation plants. The teasers, which contain key information about the assets, as... Continue Reading →
Petrobras starts binding phase of refineries
January 31, 2020 Petróleo Brasileiro S.A. – Petrobras, following up on the pressrelease disclosed on 10/24/2019, informs the beginning of the binding phase related to the sale of downstream assets, which includes: Isaac Sabbá Refinery (REMAN) in Amazonas, Lubrificantes e Derivados de Petróleo do Nordeste (LUBNOR) in Ceará, and the Shale Industrialization Unit (SIX) in... Continue Reading →
Petrobras/Ubarana has pilot project for offshore wind – Shallow Water divestments
Jan 30, 2020 In 2016, the National Petroleum Agency (ANP) extended the concession contract for the Ubarana field until 2034. It is also there that Petrobras intends to install its first offshore wind project in the country, with a wind turbine tower, an anemometric tower and an electric-optical umbilical submarine cable approximately 1 km long,... Continue Reading →