The ANP Special Bidding Commission (CEL) qualified five more companies registered in the OPP to participate in the 1st Cycle, which will be held on 12/16/2022: BP Energy do Brasil Ltda, Ecopetrol Óleo e Gás do Brasil Ltda, Petronas do Brasil Ltda, Qatar Energy do Brasil Ltda and Total Energy EP do Brasil Ltda. Petrobras,... Continue Reading →
Petrobras highlights on production and sales in 3Q22
In 3Q22, Petrobras kept a solid operating performance, with average production of oil, NGL and natural gas reaching 2.64 MMboed, virtually in line with 2Q22. Results in 3Q22 fully contemplate the impacts of the production sharing contracts related to the Transfer of Rights Surplus Volumes of Atapu and Sepia - which became effective on May... Continue Reading →
Petrobras on sale of onshore optic fiber network
Petróleo Brasileiro S.A. – Petrobras, following up on the release disclosed on 09/30/2022, informs the beginning of the non-binding phase regarding the sale of its onshore fiber optic network. Potential buyers qualified for this phase, beginning today, will receive a process letter containing detailed information about the asset in question, as well as instructions on... Continue Reading →
3R Petroleum signs BTG Pactual to raise U$ 500MM to conclude the acquisition of the Potiguar Cluster
3R Petroleum announced Thursday evening (20) that it had signed a commitment to structure and issue debentures, with a firm placement guarantee, in the amount of US$ 500 million. This amount will join another US$ 500 million raised by the oil company in August, through financing led by Stanley Senior Funding. With this US$ 1... Continue Reading →
Petrobras on Petros Plan
Petróleo Brasileiro S.A. - Petrobras informs that today it has signed the Private Instrument of Confession of Debt that formalizes its commitment to pay the extraordinary employer contributions of the Deficit Equalization Plan - 2015 (PED 2015), implemented in 2017, with the Renegotiated and Non-Renegotiated Petros Pension Plans (PPSP-R and PPSP-NR). Payments of the extraordinary... Continue Reading →
Siem Offshore Loses Another Vessel Case Against Petrobras
(OE) Norwegian offshore vessel owner Siem Offshore has lost a case against Petrobras in Brazil over a late vessel delivery and will have to pay around $8 million. Siem Offshore said Wednesday that its Brazilian subsidiary, Siem Offshore do Brasil, had been informed of the final unfavorable decision of a Brazilian court in a lawsuit... Continue Reading →
FPSO P-71 heads towards the Itapu field in the Santos Basin
The FPSO P-71 left the Jurong Aracruz shipyard, in Espírito Santo, and headed for the Itapu field, in the Santos Basin. The vessel will be able to produce up to 150,000 barrels of oil and 6 million cubic meters of gas daily. In addition, the P-71 will be able to store 1.6 million barrels of... Continue Reading →
Prosafe Says Places Best Bid for Offshore Accommodation Contract with Petrobras
Prosafe, a company offering offshore accommodation services for oil and gas clients, said Saturday it had submitted the most competitive offer in a bidding process for a 650-day contract with the Brazilian oil and gas company Petrobras. The contract value is approximately USD 73 million, which is equivalent to $112,500 per day. "Contract award and... Continue Reading →
P-68 breaks record oil production reaching more than 161 thousand barrels daily in the Berbigao and Sururu fields
The P-68 platform vessel, which operates in the Berbigão and Sururu fields, in the Santos Basin pre-salt, broke a daily production record on the 8th. According to a Petrobras statement, the platform produced a volume of 161,756 barrels of oil per day (bpd). This milestone was reached with the entry into production of the ninth... Continue Reading →
3R Petroleum September 22 production data
3R PETROLEUM ÓLEO E GÁS S.A. (“3R” or “Company”), following best practices in corporate governance and transparency, informs its investors and the market in general the preliminary unaudited production data for September 2022 in the assets that the Company holds participation. The Company is the operator of Macau, Areia Branca, Fazenda Belém, Rio Ventura, Recôncavo... Continue Reading →