Brought to you by Quest Offshore & Southern Cone Consultants
(Reuters) - Joaquim Silva e Luna, the incoming CEO of Brazil’s state-run oil company Petrobras, told Reuters that at least part of the executive board could stay on when he takes over in April, a signal that he is not planning a wholesale shake-up of management. The former defense minister and army general added, however,... Continue Reading →
Petróleo Brasileiro S.A. - Petrobras, regarding the pieces of news published in the media, clarifies about the sale process of Landulpho Alves Refinery (RLAM) and its associated logistics assets. In all asset sale processes, Petrobras establishes a value range that guides the transaction and considers the technical and productivity characteristics and the asset's potential to... Continue Reading →
(Reuters) - Petroleos Mexicanos (Pemex) would consider having a consortium headed by U.S. company Talos Energy operate a shared oil field in southern Mexico, the chief executive officer of the Mexican state oil firm said. Discovered in 2017 in shallow waters of the Gulf of Mexico off Tabasco state, the Zama oil field is believed... Continue Reading →
Offshore drilling contractor Vantage Drilling has received court approval for a previously proposed deal which entails Vantage managing some of the rigs owned by Seadrill Partners. Vantage said Friday it had has entered into a Framework Agreement and related Management and Marketing Agreements with Seadrill Partners LLC (“Seadrill Partners”) under which Vantage’s subsidiaries will provide operating, management... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras informs that it has re-submitted today the Distance Voting ballots for its Extraordinary General Meetings of April 12 (EGM) and Annual General Meetings of April 14 (AGM) with the following changes:Distance Voting ballot – EGM of April 12 (i) Inclusion of Pedro Rodrigues Galvão de Medeiros, as a candidate... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras, pursuant to CIRCULAR LETTER/CVM/SEP/No.01/2021, reports that it has received the nomination of candidate Pedro Rodrigues Galvão de Medeiros for the Board of Directors, in case multiple voting process is adopted. Board of Directors election will take place at the Extraordinary General Meeting of April 12, 2021. The candidate was nominated... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras, pursuant to CIRCULAR LETTER/CVM/SEP/No.01/2021, reports that it has received from holders of common shares the nomination of candidates for the Fiscal Council, whose election will take place at the Annual General Meeting of April 14, 2021. Candidates nominated by shareholders FIA Dinâmica Energia and Banclass FIA: Below is an excerpt... Continue Reading →
Petróleo Brasileiro S.A. - Petrobras clarifies that it inquired its controlling shareholder, through the Ministry of Mines and Energy (MME), to which the company is linked under Law 9. 478/1997, about the existence of information that should be disclosed to the market, under the terms of CVM Instruction 358/2002, in view of pieces of news... Continue Reading →
3R Petroleum Oil and Gas recorded a loss of R$ 147.5 million in the fourth quarter of last year. With the result, the company recorded a total net loss of R$ 172.3 million in 2020. With regard to net revenue, the company recorded R$ 85.2 million in the fourth quarter, with a value of R$... Continue Reading →
Offshore drilling contractor Vantage Drilling managed to cut its losses in the last quarter of 2020 when compared to the same period in 2019 despite lower revenues but went from black to the red on a yearly basis. Vantage on Thursday reported a net loss attributable to controlling interest of approximately $44.9 million for the... Continue Reading →
Brazil Energy Insight 