Petróleo Brasileiro S.A. - Petrobras, following up on the release disclosed on 10/14/2022, informs the beginning of the non-binding phase regarding the sale of 100% of its equity interest in Petrobras Operaciones S.A. (POSA), a wholly-owned subsidiary of Petrobras in Argentina and holder of a 33.6% interest in the Rio Neuquén Field. Potential buyers qualified... Continue Reading →
Petrobras concludes the sale of E&P Carmopolis assets in Sergipe
Petróleo Brasileiro S.A. – Petrobras, following up on the release disclosed on 12/23/2021, informs that it has concluded today the sale of all its stakes in the set of 11 concessions of onshore fields of oil and gas production, with integrated facilities, located in the state of Sergipe, jointly called Carmópolis Custer, to the company... Continue Reading →
Petrobras on payment of remuneration to shareholders
Petróleo Brasileiro S.A. – Petrobras, following up on the release disclosed on 11/03/2022, informs that it has carried out today the payment of the 1st installment of the remuneration to shareholders approved by its Board of Directors in a meeting held on that date. The gross amount distributed today corresponds to dividends of R$ 1,67445... Continue Reading →
Production Resumes from Cidade de Anchieta FPSO After January 2022 Shutdown
Dutch FPSO leasing company SBM Offshore said Tuesday that production had resumed from its FPSO Cidade de Anchieta, offshore Brazil, after a lengthy shutdown. The Cidade de Anchieta, under contract with Petrobras in Brazil, has been shut down since January 22, 2022, after oil was spotted near the vessel. SBM Offshore said in one of its... Continue Reading →
Petrobras on the sale of Araucária Nitrogenados S.A.
Petróleo Brasileiro S.A. – Petrobras, following up on the release disclosed on 10/30/2020, informs that, observing the applicable internal governance, the termination of the competitive process for the sale of all its shares in the wholly owned subsidiary Araucária Nitrogenados S.A. (ANSA), which was in the binding phase, was approved. Petrobras will evaluate its next... Continue Reading →
QatarEnergy, TotalEnergies and Petronas win offshore exploration block in Brazil
A consortium of three oil and gas giants – Qatar’s QatarEenergy, France’s TotalEnergies, and Malaysia’s Petronas – have been awarded an offshore exploration block during the first cycle of Brazil’s open acreage under a production sharing regime bid held in Rio de Janeiro. QatarEnergy disclosed on Monday that, together with TotalEnergies and Petronas, it has... Continue Reading →
Petrobras on ANP auction result
- Petróleo Brasileiro S.A. – Petrobras informs that it has acquired the Sudoeste de Sagitário, Água Marinha and Norte de Brava blocks in the 1st Cycle of Permanent Production Sharing Offer of the National Petroleum, Natural Gas and Biofuels Agency (ANP). Petrobras has acquired the Sudoeste de Sagitário block in partnership with Shell Brasil. The... Continue Reading →
Permanent Offer Pre-salt auction negotiates 4 of 11 blocks offered; Petrobras will operate 3 areas
(Reuters) - Petrobras (BVMF:PETR4) came out as the big winner in an auction of exploratory oil and gas blocks this Friday, winning as operator three of the four pre-salt blocks negotiated, out of a total of eleven offered under a new competitive model of permanent offer. Petrobras took Água-Marinha and Sudoeste de Sagitário as operator... Continue Reading →
Westwood: Highest FPS throughput capacity since 2010 greenlighted in 2022
(OET) Westwood Global Energy, an energy market research and consultancy firm, has outlined that 2022 will have the highest floating production system (FPS) throughput capacity sanctioned since 2010, despite major project delays caused by multiple factors, including the supply chain inflationary pressure, which remains a concern in the future as well. Within its review of the... Continue Reading →
ANP green lights sale of the Carmopolis Cluster to the Cobra Group
(PN) The National Petroleum Agency (ANP) authorized the sale of Polo Carmopolis, a Petrobras asset located in the Sergipe-Alagoas Basin, to Carmo Energy (a company of the Spanish group Cobra). According to the ANP decision, Carmo Energy must present a financial guarantee or a term guaranteeing the decommissioning of the fields involved. The agency also... Continue Reading →