Petróleo Brasileiro S.A. – Petrobras informs that it was recognized as one of the leading companies in supplier engagement by the international organization CDP, formerly known as the Carbon Disclosure Project, a reference in sustainability. The A- rating, referring to the 2022 cycle, was achieved in the Supplier Engagement Rating (SER) aspect, a global index... Continue Reading →
Petrobras drills new well in the Aram block, in the Santos Basin pre-salt
(PN) Petrobras advances in its exploratory program in the Santos Basin. The state-owned company recently started drilling a well (3-BRSA-1387D-SPS) in the Aram block, in the pre-salt layer. The well is being drilled in a water depth of 1,977 meters, according to data released by the National Petroleum Agency (ANP). The Aram block is operated... Continue Reading →
2022 pushes CCUS to new heights: Long read
While the global energy crisis marked 2022, efforts to propel the energy transition forward in a bid to usher in a sustainable energy future continued gaining momentum. As a result, last year was also a bumper year for carbon capture, utilization, and storage (CCUS), according to the International Energy Agency (IEA), as more than 140 new... Continue Reading →
Petrobras CEO Says He’s Ready to Be World’s Last Oil Producer
(Bloomberg) -- Jean Paul Prates, the head of Brazil’s state-controlled oil company, isn’t deterred by the world’s energy transition. He says Latin America’s largest producer should keep increasing fossil fuel output for decades to come. “We will get market share,” Prates, chief executive officer of Petrobras, said in an interview in Rio de Janeiro. “We... Continue Reading →
Petrobras on Braskem
Petróleo Brasileiro S.A. – Petrobras, regarding the pieces of news published in the media, informs that no decision has been made by the Executive Board or the Board of Directors in relation to the Braskem divestment process. Petrobras clarifies that all actions related to its participation in Braskem require careful analysis from a portfolio management... Continue Reading →
Petrobras on Route 3 Integrated Project
Petróleo Brasileiro S.A. – Petrobras, following up on the release disclosed on 09/23/22, informs that it has signed a contract with the company Toyo Setal Empreendimentos Ltda. to conclude the works on the Natural Gas Processing Unit (UPGN) of the Itaboraí Gaslub Cluster, which had been halted since June 2022. With the resumption of the... Continue Reading →
Petrobras on management compensation
Petróleo Brasileiro S.A - Petrobras announces that its Board of Directors (BD) approved, by majority vote, the submission for consideration at the Annual General Meeting (AGM) of Shareholders scheduled for April 27, 2023, of a proposal to adjust the fixed compensation of the company's managers by the INPC for the period 2013 to 2022 (43.88%).... Continue Reading →
Petrobras on Pricing Policy
Petróleo Brasileiro S.A. – Petrobras, regarding the pieces of news published in the media about the company's Price Policy, clarifies that product price adjustments are made in the normal course of its business. Petrobras reiterates its commitment to the practice of competitive prices and in balance with the market, while avoiding the immediate pass-through of... Continue Reading →
Petrobras on the election of the new Executive Board
Petróleo Brasileiro S.A. – Petrobras, in addition to the material facts disclosed on 02/02/2023 and 02/17/2023, informs that its Board of Directors elected as of 03/29/2023, with term of office until 04/13/2025, the following members to the Executive Board: Mr. Sergio Caetano Leite to the position of Chief Financial and Investor Relations Officer; Mr. Joelson... Continue Reading →
Prosafe participates in three tenders to get more assignments for its vessels
(OET) Offshore accommodation provider Prosafe is taking part in three ongoing tenders to win more work for its fleet of vessels. As the recent Petrobras tender for 450 days was cancelled, Prosafe is currently not participating in any Petrobras tenders, however, the company is engaged in three tenders. The first of these is in the... Continue Reading →