Petrobras on sale of refineries

March 20, 2020 Petrobras, due to the prevention measures to the coronavirus, will postpone the receipt of binding offers in the processes of divestment in downstream and its respective logistic assets, in order to ensure the effective performance of due diligence by potential buyers. The processes include the refineries Abreu e Lima (RNEST) in Pernambuco,... Continue Reading →

Petrobras on Gaspetro’s non-binding phase

March 18, 2020 Petróleo Brasileiro S.A. - Petrobras, following up on the pressm release disclosed on February 27, 2020, regarding the sale of its entire 51% stake in Petrobras Gás S.A. (Gaspetro), announces the postponement of the deadline to qualify potential buyers for the non-binding phase for April 30, 2020. The adjusted teaser is available... Continue Reading →

Petrobras on E&P assets in the Espírito Santo Basin

March 18, 2020 Petróleo Brasileiro S.A. - Petrobras, following up on the release dated 01/15/2020, announces the beginning of the binding phase regarding the sale of its entire interest in two sets of offshore concessions, called Golfinho Cluster and Camarupim Cluster, located in deep waters, in the Espírito Santo Basin, in Espírito Santo state. Qualified... Continue Reading →

Petrobras on E&P assets in the Pelotas Basin

March 16, 2019 Petróleo Brasileiro S.A. – Petrobras, following up on the press release disclosed on 12/23/2019, announces the beginning of the binding phase related to the sale of part of its interest in exploratory blocks belonging to the BM-P-2 concession, located in the Pelotas Basin deep waters, in the state of Rio Grande do... Continue Reading →

Sandvik Divests Drilling and Completions Unit

Engineering group Sandvik has completed the divestment of Sandvik Drilling and Completions (Varel) to the private equity firm Blue Water Energy and its co-investor, the privately owned Nixon Energy Investments. Sandvik will remain a minority owner of 30% of the company and hold a position on the board. Continue reading

Petrobras Suspends Offshore Wind Project

Mar 4, 2020 Petrobras decided to suspend the pilot project for offshore wind generation in the Ubarana field, in the Potiguar Basin, on the coast of Rio Grande do Norte. The decision was communicated to Ibama, responsible for the environmental licensing of the project, at the end of January. In a letter sent to the... Continue Reading →

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