June 12, 2020 Petróleo Brasileiro S.A. – Petrobras, following up on the press release disclosed on 03/13/2020 and 05/04/2020, announces the beginning of the binding phase regarding the joint sale, with Wobben Windpower Indústria e Comércio Ltda (Wobben), of all of its shares (51% Wobben and 49% Petrobras) in the companies Eólica Mangue Seco 3... Continue Reading →
Petrobras on binding phase of assets in Colombia
June 12, 2020 Petróleo Brasileiro S.A. – Petrobras, following up on the press release disclosed on 05/21/20, announces the beginning of the binding phase related to the sale of 100% of the shares held by Petrobras International Braspetro B.V. (PIB BV) and other Petrobras subsidiaries, in Petrobras Colombia Combustibles (PECOCO). Qualified parties for this phase... Continue Reading →
Petrobras on divestment in the Espírito Santo Basin
June 10, 2020 Petróleo Brasileiro S.A. – Petrobras, in reference to the press released on 06/01/2020, regarding the sale of a part of its interest in the exploratory blocks belonging to the ES-M-596_R11, ES-M-598_R11, ES-M-671_R11, ES-M-673_R11 and ES-M-743_R11 concessions, located in the Espírito Santo Basin, hereby discloses to the interested parties that the deadline for... Continue Reading →
Petrobras on stakes in power generation companies
June 4, 2020 Petróleo Brasileiro S.A. - Petrobras informs that it has started the opportunity disclosure stage (teaser), 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 Energia S.A. (Brentech). The teaser,... Continue Reading →
Pescada-Arabaiana under new command – Potiguar Basin
Jun 3, 2020 Petrobras will sell the gas fields Pescada-Arabaiana production project, located in the shallow waters of the Potiguar Basin. The oil company is about to conclude direct negotiations with Ouro Preto, current partner in the project, to sell its 65% stake in the asset located in the Rio Grande do Norte shallow waters,... Continue Reading →
Petrobras releases teaser for E&P in Espírito Santo Basin
June 01, 2020 Petróleo Brasileiro S.A. – Petrobras informs that it has started the opportunity disclosure stage (teaser), regarding the sale of a part of its interest in the exploratory blocks belonging to the ES-M-596_R11, ES-M-598_R11, ES-M-671_R11, ES-M-673_R11 and ES-M743_R11 concessions, located in the Espírito Santo Basin. The teaser, which includes key information about the... Continue Reading →
Petrobras starts non-binding phase in the Camamu Basin
June 01, 2020 Petróleo Brasileiro S.A. - Petrobras, following up on the release disclosed on 05/04/2020, announces the beginning of the non-binding phase regarding the sale of its stake (35%) in the Manati Field, a shallow water maritime production concession located in the Camamu Basin, in the State of Bahia. Potential buyers qualified for this... Continue Reading →
Petrobras completes the sale of seven onshore fields – Macau Cluster
May 29, 2020 Petróleo Brasileiro S.A. - Petrobras, following up on the release dated 08/09/2019, reports that it has completed today the sale of its entire interest in seven onshore production fields, located in the Potiguar Basin, in the state of Rio Grande do Norte, to SPE 3R Petroleum S.A., a wholly owned subsidiary of... Continue Reading →
PETROBRAS OPENING ACCESS TO ITS GAS PROCESSING PLANTS TO OTHER COMPANIES
May 27, 2020 Petrobras informed earlier this evening (27) that it took the first steps to allow access to its natural gas processing units by the other producers of the input in Brazil. The announcement comes hours after the Federation of Petroleum Workers (FUP) accused the company's management of lack of honesty, as it was... Continue Reading →
Petrobras projects a gradual recovery of the price of oil
May 27, 2020 Petrobrás projects a gradual recovery in the price of oil over the next five years, until it returns to the level of US $ 50 per barrel - double the average price projected for this year, of US $ 25. As the scenario improves, it should also reduce the company's debt, from... Continue Reading →