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July 9, 2020 Petróleo Brasileiro S.A. – Petrobras informs that it signed today with OP Pescada Óleo e Gás Ltda., a wholly-owned subsidiary of Ouro Preto Óleo e Gás S.A., an agreement for the sale of its entire stake in the Pescada, Arabaiana, and Dentão fields located in shallow waters of the Potiguar Basin (Pescada... Continue Reading →
Jul 9, 2020 The international auction for the sale of Petrobras' P-7, P-12 and P-15 platforms was rescheduled for the next 24th, at 10am. The electronic auction will take place through the auctioneer João Emílio's website. Initially, the event would be held today. The platforms being auctioned by Petrobras are currently anchored in the Campos... Continue Reading →
July 6, 2020 Petrobras hopes to reach an understanding within six months with Odebrecht about a new shareholder agreement for petrochemical Braskem, in which both companies are partners, said CEO Roberto Castello Branco during an online event on Monday. The new agreement, in which preferred shares would be converted into voting shares, would allow Petrobras... Continue Reading →
July 7, 2020 Petrobras informs that it has started the decommissioning of the P-12 platform, in the Campos Basin. The decommissioning of the P-07 and P-15, in the Campos Basin, and the FPSO Piranema in the Sergipe-Alagoas Basin are also scheduled for 2020. According to the company's Strategic Plan for 2020-2024, 18 production platforms will... Continue Reading →
July 6, 2020 Petróleo Brasileiro S.A. - Petrobras, following up on the press release disclosed on 06/04/2020, informs the beginning of the non-binding phase regarding the sale of its stakes in five power generation companies: Brasympe Energia S.A. (Brasympe), Energética Suape II S.A. (Suape II), Termoelétrica Potiguar S.A. (TEP), Companhia Energética Manauara S.A. (CEM) and Brentech... Continue Reading →
July 6, 2020 Reuters) - Petrobras' decision to sell part of its refining assets is in line with national energy policy and does not go against the Supreme Federal Court (STF) decision on privatization, defended the Ministries of Economy and Mines and Energy in joint note this Monday. The manifestation of the portfolios follows the... Continue Reading →
July 03, 2020 Petróleo Brasileiro S.A. – Petrobras, following up on the press release disclosed on May 15, 2020, announces the beginning of the binding phase regarding the sale of its 10% remaining stake in Nova Transportadora do Sudeste S.A. (NTS). Potential buyers qualified for this phase will receive a process letter with detailed instructions... Continue Reading →
Petrobras releases teaser for sale of Petrobras Biocombustível July 03, 2020 Petróleo Brasileiro S.A. – Petrobras reports that it has started the opportunity disclosure stage (teaser), regarding the sale of its wholly-owned subsidiary Petrobras Biocombustível S.A. (PBIO) This transaction consists of the sale of 100% of Petrobras' shares in PBIO, including three biodiesel plants, and does... Continue Reading →
Jul 1, 2020 A much leaner company. This is the goal of the president of Petrobras, Roberto Castello Branco, who this Wednesday stated that the company should reduce the number of employees from the current 46,600 to 30,000. The executive also revealed that the Voluntary Dismissal Plans (PDVs) underway at the state-owned company had the... Continue Reading →
June 29, 2020 Petróleo Brasileiro S.A. - Petrobras informs that it has started the opportunity disclosure stage (teaser), referring to the sale of its entire stake in the Tartaruga field, located in shallow waters of the Sergipe-Alagoas Basin, state of Sergipe. The teaser, which includes key information about the opportunity, as well as the eligibility... Continue Reading →
