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(PN) Petronas began drilling its first exploratory well in the country this week. The activity took place in a water depth of 3,027 meters, in block C-M-661, in the Campos Basin. The well is being drilled by the Valaris Renaissance rig (DS-15) and has been named Mola-1. As a reminder, block C-M-661 was purchased by... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras, further to the announcements made on May 24, 2022 and August 5, 2022, informs that, after complying with internal governance procedures, it has signed a new amendment to the natural gas purchase agreement with Yacimientos Petrolíferos Fiscales Bolivianos (YPFB). The amendment signed today changes the delivery profile of the total... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras, following up on the release disclosed on October 27, 2023, informs that it has closed the competitive process for the sale of its 18.8% stake in the share capital of UEG Araucária S.A. (UEGA), together with the sale of the stakes of its partners, Companhia Paranaense de Energia - COPEL... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras, following up on the Material Fact of 08/03/2023, informs that it will pay today the first installment of the remuneration to shareholders for the second quarter of 2023. The gross amount to be distributed today is R$ 0.574652 per common and preferred share in the form of dividends. CREDIT INSTRUCTIONS... Continue Reading →
On December 13, 193 blocks were auctioned in Brazil’s oil and gas licensing round, signaling strong optimism for the industry, according to Wood Mackenzie. Highlights from these bid rounds included: • The total amount in bonuses was US$85 million • 44 blocks were acquired in the Pelotas Basin, a frontier area. Petrobras will operate 29 and Chevron... Continue Reading →
(TN) The ANP held yesterday (13/12) the public auctions of the 4th Cycle of the Permanent Concession Offer (OPC) and the 2nd Cycle of the Permanent Sharing Offer (OPP). In the 4th Cycle of the OPC, 192 exploratory blocks were awarded, in all nine basins that had areas on offer, a record number in the... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras reports that it has acquired 29 blocks in the Pelotas basin in the 4th Permanent Concession Offer Cycle of the National Agency of Petroleum, Natural Gas and Biofuels (ANP). Petrobras acquired blocks P-M-1739, P-M-1737 and P-M-1797 in partnership with CNOOC Petroleum Brasil Ltda (CNOOC) and Shell Brasil Petróleo Ltda (Shell).... Continue Reading →
(Z) Petrobras, the Brazilian state-owned energy company, has announced the extension of its existing contracts for two offshore drilling rigs owned by Constellation Oil Services. This news coincides with the launch of two separate tenders for hiring additional well-intervention rigs, demonstrating Petrobras' continued commitment to investments in its offshore operations. Rig Contract Extensions Petrobras has... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras informs that its Board of Directors, in a meeting held on 12/11/2023, approved a judicial settlement regarding the collection of differences in monetary correction and interest on Eletrobras' Compulsory Loan. Conditional on judicial approval, the agreement provides for the payment to Petrobras of R$1.2 billion within 5 working days of... Continue Reading →
(PN) Halliburton announced today a new contract with the Libra consortium, which is led by Petrobras. Under the agreement, Halliburton will develop a digital twin for a system in the Mero field, in the Santos Basin pre-salt. In a statement to the market, the company states that the technology will help the consortium to “reduce... Continue Reading →
