Petróleo Brasileiro S.A. - Petrobras, following up on the release disclosed on 08/03/2021, informs that it signed today with Ubuntu Engenharia e Serviços Ltda contracts for the sale of its total interest in the PAR-T-218_R12 concession, located in the Paraná Basin. The total value of these transactions is US$ 32 thousand and the closing is... Continue Reading →
3R Petroleum – Sudene’s Tax Benefit for the Rio Ventura Cluster
3R PETROLEUM ÓLEO E GÁS S.A. ("3R" or "Company") (B3: RRRP3), in compliance with the provisions of CVM Resolution No. 44, communicates to its shareholders and the market in general that received from the Northeast Development Superintendence (“SUDENE”), an agency linked to the Ministry of Regional Development, through Constitutive Report No. 0285/2021, the approval for... Continue Reading →
Ecuador private-sector oil pipeline to restart operations on Dec. 31 -operator
(Reuters) - Ecuador's heavy-crude oil pipeline will restart pumping on Dec. 31 following maintenance to solve issues caused by erosion in the country's Amazon region, while exports of Napo crude will begin on Jan. 3, crude transport company OCP Ecuador said on Wednesday. The government of President Guillermo Lasso declared force majeure over its oil... Continue Reading →
Petrobras concludes the sale of onshore fields in Espírito Santo – Cricare Cluster
Petróleo Brasileiro S.A. - Petrobras, following up on the release disclosed on 08/27/2020, informs that it concluded today the sale of all of its stakes in 27 onshore exploration and production concessions, located in Espírito Santo, jointly denominated Cricaré Cluster to Karavan Seacrest SPE Cricare, a company in which Karavan O&G Participações e Consultoria Ltda.... Continue Reading →
Petrobras on asset sale in Potiguar Basin
Petróleo Brasileiro S.A. - Petrobras, following up on the releases disclosed on July 09, 2021 and August 09, 2021, informs that today it signed a contract with Aguila Energia e Participações Ltda (Aguila) for the assignment, together with Sonangol Hidrocarbonetos Brasil Ltda (Sonangol), of the total interest of both companies in the onshore exploratory block... Continue Reading →
Petrobras on sale of E&P assets in Sergipe – Carmopolis Cluster
Rio de Janeiro, December 23, 2020 - Petróleo Brasileiro S.A. – Petrobras, following up on the release disclosed on 02/19/2021, informs that it signed today with Carmo Energy S.A. a contract for the sale of all its stakes in a set of 11 concessions of onshore production fields, with integrated facilities, located in the state... Continue Reading →
Petrobras concludes sale of onshore fields in Bahia
Petróleo Brasileiro S.A. – Petrobras, following up on the release disclosed on 12/23/2020, informs that it concluded today the sale of its total stake in 12 onshore exploration and production fields, called Remanso Cluster, located in the state of Bahia, to PetroRecôncavo S.A. (PetroRecôncavo). After compliance with the preceding conditions, the transaction was concluded with... Continue Reading →
3R Petroleum Concludes Acquisition of Sanhacu Field
3R PETROLEUM ÓLEO E GÁS S.A. ("3R" or "Company"), in complement to the material fact disclosed on August 19, 2021, informs its investors and the market in general that has concluded on December 21, 2021, through its subsidiary 3R Macau S.A. (“3R Macau”), the acquisition of the 50% stake held by Petrogal Brasil S.A. (“Galp”)... Continue Reading →
EXCLUSIVE Argentina President set to decree $1.6 bln Vaca Muerta gas pipeline
(Reuters) - Argentina's President Alberto Fernandez will sign a decree in the next few weeks to push forward construction of a major new gas pipeline system in the country's huge Vaca Muerta shale formation, a government source told Reuters, a key move to boost gas exports. The timeline and plans for a decree, previously unreported,... Continue Reading →
Petrobras on sale of E&P asset in the Paraná Basin
Petróleo Brasileiro S.A. - Petrobras, following up on the release disclosed on 08/03/2021, informs that it signed today with Ubuntu Engenharia e Serviços Ltda a contract for the sale of its total stake in the concession PAR-T-198_R12, located onshore, in the Paraná Basin. The total value of the transaction is US$ 31 thousand and the... Continue Reading →