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(Reuters) - The prosecutor's office at Brazil's federal audit court (TCU) has asked the court to open an investigation into President Jair Bolsonaro's appointment of Adriano Pires as chief executive of state-run oil company Petroleo Brasileiro (PETR4.SA), for a possible conflict of interest. According to a document seen by Reuters and dated March 31, deputy prosecutor... Continue Reading →
Petróleo Brasileiro S.A. - Petrobras, informs that discovered a new oil accumulation in the pre-salt in the southern portion of the Campos Basin, in a wildcat well in the Alto de Cabo Frio Central block. The well 1-BRSA-1383A-RJS (Alto de Cabo Frio Central Noroeste) is located 230 km from the city of Rio de Janeiro-RJ,... Continue Reading →
(PN) Always very discreet in the traditional press conferences of Petrobras, giving only shorter and more punctual statements, General Joaquim Silva e Luna decided to speak out, now that his departure from the presidency of the state-owned company is more than confirmed. The military man gave several interviews to some of the country's press vehicles,... Continue Reading →
(PN) The contracting of the P-81 platform ship, which will be installed in the promising Sergipe-Alagoas Basin, may be a little closer to an outcome. According to our report, the Brazilian company Ocyan was the only company to submit a bid for the contracting of the unit, whose start of production is scheduled for 2026.... Continue Reading →
(Reuters) - Brazilian oil company PetroRio SA (PRIO3.SA) is close to agreeing on terms to purchase the Albacora Leste field from state-run oil company Petrobras (PETR4.SA), two sources with knowledge of the matter told Reuters, though talks around the neighboring Albacora field are proving more complex. Petrobras, formally Petroleo Brasileiro SA (PETR4.SA), has been in bilateral talks with PetroRio... Continue Reading →
(PetroleoHoje) Foreign companies and independent oil companies already account for 28.4% of oil production per concessionaire, according to data published by the ANP on Wednesday (3/30), referring to the month of February. The difference is 9.2% in relation to the same period last year, in which these companies accounted for 26% of oil production per... Continue Reading →
(Finews) The Swiss Attorney General's Office searched the premises of Geneva-based bank Pictet in mid-March in relation to the Petrobras scandal. About two weeks ago, the offices of Bank Pictet in Geneva were searched by the Office of the Attorney General of Switzerland (OAG), a story in the Swiss daily «Le Temps» (behind paywall) confirmed on Monday.... Continue Reading →
Petróleo Brasileiro S.A. - Petrobras informs that the Court of Justice of Rio de Janeiro (TJ-RJ) decided, by majority vote, to grant the appeal of the company Paragon Offshore Nederland B.V., former supplier of rigs for oil and gas prospection. The estimated value of the lawsuit is R$ 1.9 billion of which R$ 59 million... Continue Reading →
Petróleo Brasileiro S.A. - Petrobras informs that its Board of Directors approved the execution of the Term of Closing of Pendencies (TCP) between, on the one hand, Petrobras and one of its affiliates (jointly, Petrobras) and, on the other hand, Novonor S.A. (previously called Odebrecht S.A.) and some of its affiliates (jointly, Novonor/Odebrecht), for the... Continue Reading →
(PetroleoHoje) Ocyan signed a contract with Petrobras for the removal of flexible and umbilical ducts from the Cidade do Rio de Janeiro, Cidade de Rio das Ostras and Piranema FPSOs, located in the Campos and Sergipe-Alagoas basins. Ocyan had submitted the lowest bid in the state-owned company's tender, with a value below R$900 million. The... Continue Reading →
Brazil Energy Insight 