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Petróleo Brasileiro S.A. – Petrobras, following up on the release disclosed on 01/28/2022, informs that it signed today with the company 3R Potiguar S.A., a wholly owned subsidiary of 3R Petroleum Óleo e Gás S.A., a contract for the sale of the totality of its stake (100%) in a set of 22 concessions of onshore... Continue Reading →
(PetroleoHoje) Petrobras and Ocyan concluded the negotiations for contracting the decommissioning service for the remaining subsea structures of the FPSOs Cidade do Rio de Janeiro, Cidade de Rio das Ostras and Piranema. The final price agreed was below US$ 900 million, compared to the original value of US$ 960 million, which resulted in the supplier... Continue Reading →
(Portos e Navios) Subsea 7 is close to winning another EPCI SURF (undersea collection system) contract with Petrobras. With a proposal of US$ 6.609 billion, the company presented the best price in the oil company's bid for the 8th module of the Buzios field, displacing Saipem, second place, which offered the value of US$ 7.311... Continue Reading →
3R PETROLEUM ÓLEO E GÁS S.A. (“3R” or “Company”) (B3: RRRP3), communicates to its shareholders, investors and the market in general that Petróleo Brasileiro S.A. (“Petrobras”) sent a notification to the Company informing that its Board of Directors approved, on today's date, the sale to 3R Potiguar S.A. (“3R Potiguar” ), a subsidiary of the... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras, following up on the releases disclosed on 12/07/2020 and 02/01/2021, informs that it has unsuccessfully concluded negotiations with Eneva S.A. for the sale of all of its interest in a set of seven onshore production concessions, called the Urucu Cluster, located in the Solimões Basin, in the state of Amazonas.... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras discloses its proved reserves of oil, condensate and natural gas, according to SEC (US Securities and Exchange Commission) regulation, estimated at 9.88 billion barrels of oil equivalent (boe), as of December 31, 2021. Oil and condensate, and natural gas correspond to 85% and 15% of this total, respectively. In 2021,... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras, following up on the releases disclosed on 12/23/2020, 08/27/2021 e 01/19/2022, informs that the Company's Board of Directors, at a meeting held today, approved the sale of its total stake (100%) in a set of 22 concessions of onshore and shallow water production fields, together with its infrastructure for processing,... Continue Reading →
(Reuters) - Shares in Brazilian petrochemical producer Braskem SA (BRKM5.SA) soared on Friday after state-run oil company Petrobras (PETR4.SA) confirmed it had decided alongside conglomerate Novonor to postpone the sale via a share offering of their stakes in the firm. Petrobras said it made the decision in response to inadequate demand and price conditions. Braskem also confirmed the cancellation... Continue Reading →
(Reuters) - Brazilian state-run oil company Petrobras (PETR4.SA) said on Friday it produced a record 21.2 billion liters of S-10 diesel in 2021, up 10% from a year earlier, while sales - including imported volumes - jumped 34.7% to a record 25.8 billion liters. Petroleo Brasileiro SA, as the company is formally known, said in a statement... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras, following up on the releases disclosed on 12/16/2021 and 01/17/2022, informs that, together with NSP Investimentos SA – In Judicial Recovery, communicated to Braskem SA the decision to cancel the public offering for secondary distribution of shares owned by them, which would have been held simultaneously in Brazil and abroad,... Continue Reading →
Brazil Energy Insight 