(Reuters) - Shareholders in Brazil's Petrobras will gather virtually this afternoon for a meeting expected to pave the way for government technocrat José Mauro Coelho to take the helm of the state-run oil company. After a dramatic weeks-long CEO search, the market hopes - and expects - the annual shareholders' meeting on Wednesday will be... Continue Reading →
Petrobras on the election of its CEO
Petróleo Brasileiro S.A. – Petrobras following up on the release disclosed on 04/06/2022, informs that, as per the respective minutes already disclosed, the People Committee, in its role as Eligibility Committee (COPE/CELEG), which is responsible for advising shareholders on verifying the conformity of the nomination process for members of the Board of Directors of Petrobras,... Continue Reading →
Sweden’s Maha Energy eyes Petrobras’ Tartaruga field in Brazil
(Reuters) - Stockholm-based Maha Energy AB (MAHAa.ST) remains interested in purchasing Petrobras' stake in the Tartaruga oil field in northeastern Brazil after the company's first attempt at buying the asset was unsuccessful, Victoria Berg, the company's investor relations officer, told Reuters in an e-mail on Tuesday. Petroleo Brasileiro SA (PETR4.SA), as the state-run oil company is formally known,... Continue Reading →
MISC’s Brazil FPSO project closely watched
(TE) MISC Bhd’s maiden foray into the deep-water floating production, storage and offloading (FPSO) segment of the oil and gas (O&G) industry in Brazil will be closely watched this year. According to S&P Global Ratings, any potential delays and cost overruns on the Mero 3 FPSO project could weigh on its credit rating in the... Continue Reading →
Siemens signs contract to supply turbomachinery for the P-78 topside
(PN) Siemens Energy will supply a topsides turbomachinery package for the P-78 platform. The contract was signed with Keppel Offshore & Marine. The FPSO, which is owned by Petrobras, will also be operated by the Brazilian state-owned company, in partnership with the Chinese CNOOC and CNODC in Campo de Buzios, in the Santos Basin, approximately... Continue Reading →
Petrobras releases new E&P teaser in the Sergipe-Alagoas Basin
Petróleo Brasileiro S.A. – Petrobras, following up on the release disclosed on August 07, 2020, informs that the process of selling the totality of its interest in the Tartaruga Field, located in shallow waters of the Sergipe-Alagoas Basin, State of Sergipe, was not concluded. The process was in the binding phase. Thus, reinforcing its commitment... Continue Reading →
Brazil’s J&F prepares bid for Braskem majority stake, paper says
(Reuters) - Holding company J&F Investimentos has prepared an offer to purchase a controlling stake in Brazilian petrochemical firm Braskem SA (BRKM5.SA), newspaper O Globo reported on Sunday. The newspaper, which did not say how it obtained its information, did not specify the stage of any potential negotiations, saying only that the offer "had been discussed,... Continue Reading →
Petrobras to start drilling campaign in deepwater Colombia
(PetroleoHoje) At the end of April, Petrobras will start a drilling campaign in Colombia. The activity will be carried out in the Tayrona area, located in the deep waters of the Guajira Basin. The activity will be carried out by Transocean's Development Driller III rig, which began to be towed to the location last week.... Continue Reading →
Oil States signs a maintenance contract with Petrobras
(PN) Oil States Brasil announced the signing of a new and important contract with Petrobras. The new agreement covers the provision of maintenance services on hydro-pneumatic pumps, instrumentation valves, regulating valves, directional valves, selector valves, high pressure valves and hydraulic filters with service and spare parts. The contract will last for three years. “Among the... Continue Reading →
Prosafe Wins Petrobras Tender for Accommodation Rig Supply
Offshore accommodation rig provider Prosafe has won a bidding process for a four-year contract with Petrobras for the supply of a semi-submersible vessel for safety and maintenance support offshore Brazil. Prosafe, which plans to deploy the Safe Notos semi-submersible floated for the contract, said that a potential contract award and timing of the contract award... Continue Reading →