Petróleo Brasileiro S.A. – Petrobras informs that the Annual General Meeting, held on 04/13/2022, exclusively under the digital format, analyzed and approved, by majority vote, the following: ANNUAL GENERAL MEETING I. Assessing the Management’s accounts, examining, discussing and voting on the Management’s Report and the Company’s Financial Statements, with the report from the independent auditors... Continue Reading →
Petrobras shareholders poised to elect new CEO after weeks of turmoil
(Reuters) - Shareholders in Brazil's Petrobras will gather virtually this afternoon for a meeting expected to pave the way for government technocrat José Mauro Coelho to take the helm of the state-run oil company. After a dramatic weeks-long CEO search, the market hopes - and expects - the annual shareholders' meeting on Wednesday will be... Continue Reading →
Petrobras on the election of its CEO
Petróleo Brasileiro S.A. – Petrobras following up on the release disclosed on 04/06/2022, informs that, as per the respective minutes already disclosed, the People Committee, in its role as Eligibility Committee (COPE/CELEG), which is responsible for advising shareholders on verifying the conformity of the nomination process for members of the Board of Directors of Petrobras,... Continue Reading →
MODEC’s Brazil-bound FPSO to get training simulator for critical operating procedures
(Offshore Energy) Japan’s FPSO provider MODEC has hired Inprocess, a Spain-headquartered process simulation services and consulting company, for the provision of a new Emulated Operator Training Simulator (OTS) solution for a floating production storage and offloading (FPSO) vessel bound for Brazil. Inprocess reported last Friday that it had been awarded a deal for the development... Continue Reading →
Wood hired to support Senegal’s first offshore oil development
(Offshore Energy) UK oilfield services provider Wood has been awarded a contract by Woodside Energy for the Sangomar FPSO development, located offshore Senegal. The floating production storage and offloading (FPSO) vessel is specifically designed for the processing of hydrocarbons and the storage of oil before being transported to markets around the world. On completion in... Continue Reading →
Ex-Petrobras CFO joins Brazilian oil independent Seacrest Petroleo
(Reuters) - Rafael Grisolia, a former CFO at Brazilian state-run oil company Petrobras and former CEO of fuel distributor Vibra Energia (VBBR3.SA), has been appointed the chief financial officer of Brazil's Seacrest Petroleo, the company said in a statement on Thursday. Seacrest Petroleo, the Brazilian unit of global oil and gas-focused private equity firm Seacrest Capital,... Continue Reading →
Petrobras on letter from the Ministry of Mines and Energy
Petróleo Brasileiro S.A. - Petrobras, following up on the release disclosed on 04/04/2022, informs that it received a letter from the Ministry of Mines and Energy on today's date, at 7:18 p.m., in reference to the Petrobras Annual General Meeting to be held on April 13, 2022, with two replacements in the nominations for election... Continue Reading →
Brazil’s govt picks high-ranking technocrat as Petrobras’ next CEO
(Reuters) - Brazil's government on Wednesdaytapped Jose Mauro Coelho, a high-ranking technocrat with expertise in the nation's oil and gas sector,as the next chief executive of state-run oil company Petrobras. The appointment comes amid a hectic several days for Petroleo Brasileiro SA (PETR4.SA), as the firm is formally known, as well as for the government, which... Continue Reading →
Brazilian economic official a strong candidate to lead Petrobras
(Reuters) - Brazilian Economy Ministry official Caio Mario Paes de Andrade has emerged as a strong candidate to lead state-run oil company Petrobras (PETR4.SA), after energy consultant Adriano Pires declined the government's nomination, a government official told Reuters on Tuesday. The source, who requested anonymity to comment on private discussions, said Economy Minister Paulo Guedes has... Continue Reading →
Petrobras ends March with refinery utilization at 91%
(PB) Company is producing as much as possible under safe, sustainable and economic conditions Petrobras reached 91% of total load factor of the refining park in the last week of March 2022. The average load factor considering the whole month was 89%. In 2021, the average level of utilization of Petrobras refineries was 83%, the... Continue Reading →