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Jul 30, 2020 Petrobras stated in its financial report that it expects to sign until the first quarter of next year the sale of most of its refineries that are in the process of divesting. In addition, the state company also believes that it may definitively conclude these transactions in 2021. Due to the coronavirus... Continue Reading →
Jul 30, 2020 Chevron receives proposals today to purchase its stake in the Papa-Terra field, in the Campos Basin, in an operation conducted by Bank of America. The expectation is that medium-sized oil companies will compete for shares in Chevron and Petrobras in the Campos Basin asset. The bidding should involve up to four companies,... Continue Reading →
July 29, 2020 Petróleo Brasileiro S.A. - Petrobras, following up on the release disclosed on 06/17/2020, informs the beginning of the non-binding phase regarding the sale of its entire stake in a set of seven onshore and shallow water fields (Alagoas Cluster) located in the state of Alagoas. Potential buyers qualified for this phase will... Continue Reading →
July 27, 2020 Petróleo Brasileiro S.A. – Petrobras informs that it has started the opportunity disclosure stage (teaser), regarding the sale of its entire stake in the exploratory portion of the Tayrona Block, located in the Guajira Basin, Colombia. The teaser, which includes key information about the opportunity, as well as the eligibility criteria for... Continue Reading →
\ July 24, 2020 Petróleo Brasileiro S.A. – Petrobras, following up on the release disclosed on July 24, 2019, informs that, due to the impact caused by the COVID-19 pandemic and the difficulty to address the previous conditions initially defined, in common agreement with Karoon Petróleo & Gás Ltda (Karoon), a subsidiary of Karoon Energy... Continue Reading →
July 21st, 2020 In a challenging context, we presented solid operational performance in 2Q20. The preventive measures against COVID-19 demanded a reduction in the number of shifts in our operations, in which we have been working with 50% of the regular staff. In view of this new scenario for the oil and gas industry, we... Continue Reading →
July 20, 2020 Petróleo Brasileiro S.A. – Petrobras, following up on the press release on March 13, 2020, informs that it has entered into a share purchase and sale agreement, regarding its remaining 10% interest in Transportadora Associada de Gás S.A. (TAG), with the group formed by ENGIE and Caisse de dépôt et placement du... Continue Reading →
July 20, 2020 3R was created to dispute the purchase of mature onshore production fields, with a focus on revitalization. Ouro Preto was founded by Rodolfo Landim to dedicate to the offshore mature fields. Onshore, 3R has an investment plan of R $ 200 million in Rio Grande do Norte and Ouro Preto recently closed... Continue Reading →
July 15, 2020 Petróleo Brasileiro S.A. – Petrobras, following up on the release disclosed on 09/30/2019, informs that it has finalized today the sale of its entire participation in two onshore production fields (Ponta do Mel and Redonda), located in the Potiguar Basin, in the state of Rio Grande do Norte, to Central Resources do... Continue Reading →
July 15, 2020 Petróleo Brasileiro S.A. – Petrobras, following up on the release disclosed on 07/24/2019, reports that it has today completed the sale of its entire stake in the ten fields that comprise the Pampo and Enchova Clusters, located in shallow water in the Campos Basin in the state of Rio de Janeiro, to... Continue Reading →
Brazil Energy Insight 