Rio de Janeiro, January 18, 2021 - Petróleo Brasileiro S.A. - Petrobras in relation to the news published in the media clarifies that the company did not sign the amendment to the Commitment Agreement (“TCC”) signed with the Administrative Council for Economic Defense (CADE) for the refining market. The draft of the amendment was approved... Continue Reading →
Petrobras starts binding phase of North Capixaba Cluster
Petróleo Brasileiro S.A. - Petrobras, following up on the press release disclosed on September 29, 2020, informs the beginning of the binding phase regarding the sale of the totality of its stakes in a set of four onshore field concessions, with integrated facilities, jointly named North Capixaba Cluster, located in the state of Espírito Santo.... Continue Reading →
Shell Farms Into Offshore Block in Argentina
Oil and gas giant Shell has agreed to farm into the CAN 100 block, offshore Argentina, currently jointly owned by the Norwegian energy firm Equinor and Argentina's YPF. In October 2019, Equinor farmed into the YPF CAN 100 block and agreed to take over the operatorship. Equinor and YPF have agreed with Shell to jointly farm-down 30%... Continue Reading →
DBO Energy takes the lead in bid for Petrobras divestment Golfinho Cluster
(Reuters) DBO Energy, an oil and gas company supported by Germany's RWE AG, is in bilateral negotiations with Petrobras to buy the Golfinho oil hub, two sources said, as the Brazilian oil company moves forward with its ambitious divestment program. Golfinho is one of dozens of production assets that Petrobras put up for sale in... Continue Reading →
Premier Oil shareholders sign off on Chrysaor merger
A merger between Premier Oil and Chrysaor has been approved by Premier’s shareholders and the deal is expected to close by the end of the first quarter this year. Premier reached an agreement with Harbour’s UK operating company Chrysaor regarding a proposed all-share merger between Premier and Chrysaor and the reorganisation of Premier’s existing debt and... Continue Reading →
Petrobras signs contract for sale of Mangue Seco 1
Petróleo Brasileiro S.A. – Petrobras, following up on the release disclosed on May 4, 2020, informs that it signed today with V2I Transmissão de Energia Elétrica S.A., with Vinci Infraestrutura Gestora de Recursos Ltda. as manager, a contract for the sale of the totality of its stake of 49% in Eólica Mangue Seco 1 –... Continue Reading →
Petrobras signs contract for sale of Mangue Seco 3 e 4
Petróleo Brasileiro S.A. – Petrobras, following up on the release disclosed on June 12, 2020, informs that it signed today with V2I Transmissão de Energia Elétrica S.A., with Vinci Partners Investimentos Ltda. as manager, a contract for the joint sale with Wobben Windpower Indústria e Comércio Ltda (Wobben) of all of its stakes (51% Wobben... Continue Reading →
EIG sells stake in Gasbol pipeline, eyes more Brazilian investments
(Reuters) - EIG Global Energy Partners has sold its stake in the Brazilian portion of the Bolivia-Brazil natural gas pipeline, widely known as Gasbol, to Fluxys Belgium NV, the chief executive officer of the U.S.-based company said on Tuesday. The sale of EIG’s 27.5% stake in the Brazilian part of the pipeline for an undisclosed... Continue Reading →
Petrobras closes equity interest in Sete Brasil Group
Petróleo Brasileiro S.A. – Petrobras, following up on the release disclosed on 12/20/2019, informs that its Dutch subsidiary Petrobras Netherlands B.V. transferred, today, to companies of Sete Brasil Group, for the symbolic total amount of 7 euros, the equity interest of 15% that it held in each of the Dutch special purpose companies controlled by... Continue Reading →
Petrobras on Gaspetro’s divestment
Petróleo Brasileiro S.A. – Petrobras, following up on the release disclosed on November 30, 2020, regarding the divestment of Petrobras Gás S.A. (Gaspetro), informs that it received on 12/22/2020 a letter from the Administrative Council for Economic Defense (CADE) in which the agency attests that the continuation of the company Compass Gás Energia S.A. (Compass)... Continue Reading →