(PN) The Peregrino field, in the Campos Basin, reached a production of 110,000 barrels of oil per day (bpd) this year, the limit of the FPSO which operates in this field. Peregrino is operated by Equinor (60%), which has Sinochem (40%) as a partner in the field. It is Equinor's first asset in Brazil and... Continue Reading →
Petrobras on news in the media about Braskem
Petróleo Brasileiro S.A. – Petrobras, regarding the pieces of news released in the media, confirms that it met with executives from the Apollo fund and Adnoc, in which occasion it discussed Petrobras' position in the Brazilian petrochemical sector, which is currently under analysis as part of the preparation of its Strategic Plan 2024-28. The company... Continue Reading →
Petrobras on strategic elements of 2024-28 Strategic Plan
Petróleo Brasileiro S.A. – Petrobras informs that its Board of Directors approved yesterday the revision of the strategic elements for the 2024-2028 Strategic Plan (2024-28 SP), as well as the low carbon CAPEX driver for the range between 6% and 15% of total CAPEX for the first five years of the new Plan, in compliance... Continue Reading →
Petrobras Eyes Global Expansion as Brazil Hopes Fade, Sources Say
(REuters) Brazil's Petrobras may look abroad for future growth, two sources with knowledge of the state-run firm's plans told Reuters, after environmental regulators dashed its hopes of exploring near the Amazon River where it had aimed to make its first major domestic oil discovery in over a decade. Petroleo Brasileiro, as the company is formally known,... Continue Reading →
Petrobras on the start-up of FPSO Almirante Barroso
Petróleo Brasileiro S.A. – Petrobras informs that it started today the production of the FPSO Almirante Barroso platform, in the Búzios field, with capacity to produce daily up to 150 thousand barrels of oil and 6 million m³ of gas. FPSO Almirante Barroso will contribute to the oil production of the Búzios field, which currently... Continue Reading →
Petrobras on Production Sharing contracts
Petróleo Brasileiro S.A. – Petrobras informs that it signed today the Production Sharing Contracts (PSC) of the 1st Cycle of the Permanent Offer Bidding Round, held through a public session on 12/16/2022, for the blocks of (i) Água Marinha, in partnership with TotalEnergies (30%), QatarEnergy (20%) and Petronas (20%), (ii) Norte de Brava, where Petrobras... Continue Reading →
Petrobras on environmental license in the Equatorial Margin
Petróleo Brasileiro S.A. – Petrobras, regarding the news published in the media, informs that the information that it expects to obtain the environmental license to drill a well in the FZA-M-059 block in up to six months is not true. On May 25, the company filed a request with the Brazilian Institute for the Environment... Continue Reading →
Seismic campaign in ultra-deep waters receives R$ 600 million in investments from Petrobras
(TN) Petrobras invested BRL 600 million in the largest seismic campaign in ultra-deep waters in the world, concluded at the end of April in the Tupi field and in the Iracema area, in the Santos Basin pre-salt, on the southeastern coast of Brazil. Lasting one year, the operations covered an area of 3,164 km², equivalent... Continue Reading →
Petrobras on Natural Gas commercial portfolio
Petróleo Brasileiro S.A. – Petrobras informs that it has approved new natural gas sales products and is participating in the competitive public call processes for state distributors with the new commercial portfolio. With the opening of the natural gas market, which already has contracts with more than 14 suppliers, the company has developed a new... Continue Reading →
Brazil’s Petrobras renews bid to win oil well license at the Foz do Amazonas Basin
Brazilian state-run oil firm Petrobras (PETR4.SA) has asked to resume a process for a license to drill a controversial well at the Foz do Amazonas Basin, the company's chief executive said late on Thursday. CEO Jean Paul Prates' statement regarding the well known as Morpho 1-APS-57 comes after the company said it would appeal environmental agency Ibama's... Continue Reading →