Brought to you by Quest Offshore & Southern Cone Consultants
Apr 14, 2020 The resumption of operation of the platforms of the Polo Garoupa, in the Campos Basin, will depend on the result of the divestment operation of Petrobras, said managers of the state-owned company in a meeting with the Federation of Oil Workers (FUP), on Tuesday (14/4) . Since the end of March, Petrobras... Continue Reading →
Apr 13, 2020 Chinese oil company put stake in concession operated by Petrobras for sale. Sinopec has started farm-out of its 20% stake in the BM-PAMA-8 concession in the Pará-Maranhão Basin. Purchased in the 6th ANP Concession Round, the asset comprises blocks PAMA-M-192 and PAMA-M-194, with a total area of 1,538 thousand km². Source: PetroleoHoje
April 6, 2020 The worsening of the global crisis due to the new coronavirus did not inhibit the progress of Petrobras' divestment program. Since January - when the first cases of Covid-19 were confirmed -, the oil company has launched 11 disclosure opportunities (teasers), more than a third during the month of March.
March 31, 2020 Petróleo Brasileiro S.A. - Petrobras, following up on the release dated 02/27/2020, announces the beginning of the binding phase referring to the sale of all its equity interest in Merluza and Lagosta fields, located in the shallow waters of Santos Basin. Qualified parties for this phase will receive a process letter with... Continue Reading →
March 31, 2020 Petróleo Brasileiro S.A. – Petrobras reports that it has started the opportunity disclosure stage (teaser), regarding the sale of its remaining stake (10%) in Nova Transportadora do Sudeste S.A. (NTS). The teaser, which includes key information about the opportunity, as well as the eligibility criteria for selection of potential participants, is available... Continue Reading →
Mar 27, 2020 Petrobras will move ahead with its billion-dollar divestment plan, despite the scenario of falling oil prices and a supply shock, the president of the state oil company, Roberto Castello Branco, said on Thursday in a conference call with analysts and investors. The company has not received indications, so far, that there is... Continue Reading →
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 →
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 →
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 →
Mar 18, 2020 Petrobras may evaluate the possibility of short-term adjustments to its business plan, which includes investments and divestments for a period of five years, while the crisis generated by the coronavirus and an oil price war declared by Saudis bring the commodity's quotations to a minimum. since 2016. "We are going to assess... Continue Reading →
Brazil Energy Insight 