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Petróleo Brasileiro S.A. – Petrobras informs that, as the operator of the Tupi Field, submitted, today, to the National Petroleum, Natural Gas and Biofuel Agency (ANP), the review of the Integrated Development Plan (PD) of the Shared Deposit of Tupi and the Iracema Area. In this revision, the Tupi Consortium proposes new investments to increase... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras, following up on the release disclosed on 12/23/2020, informs that it concluded today the sale of its total stake in 12 onshore exploration and production fields, called Remanso Cluster, located in the state of Bahia, to PetroRecôncavo S.A. (PetroRecôncavo). After compliance with the preceding conditions, the transaction was concluded with... Continue Reading →
(Valor) The auction of the surplus volumes from the transfer of rights in Sépia and Atapu, carried out by the National Petroleum Agency (ANP) on Friday, marked the end of the large pre-salt auctions. A survey shows that, eight years after the bidding for the Libra area (today Mero), the first round under the country's... Continue Reading →
Petróleo Brasileiro S.A. - Petrobras informs that, as part of the actions taken to open the Brazilian natural gas market, signed, today, with Transportadora Associada de Gás S.A. (TAG) the Flexibility Reduction Agreement to be used by Petrobras (Agreement) and amendments to the Malha Nordeste, Gasene and Pilar-Ipojuca Natural Gas Transportation Contracts (Amendments), which reflect... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras announces that today it completed the renewal of its shelf registration with the U.S. Securities and Exchange Commission. The shelf registration allows Petrobras to offer securities in the U.S. capital markets in an agile and comprehensive manner, taking advantage of market opportunities, with the objective of reducing costs and facilitating... Continue Reading →
The winning companies of the 4th edition of the Best Petrobras Suppliers Award were announced by Petrobras. 24 suppliers of the main categories were distinguished — Drilling and Completion Equipment; Subsea Production Equipment; Launch of Subsea Pipelines; Air Logistics; Maritime Logistics; Land Logistics; Industrial Maintenence; MRO and Associated Services; Offshore Engineering Works; Onshore Engineering Works;... Continue Reading →
The National Petroleum Agency (ANP) suggested to the Administrative Council for Economic Defense (CADE) that it reject the sale of 51% of Petrobras in Gaspetro to Compass. In the ANP's assessment, the operation does not meet the objectives of the Term of Assignment of Conduct (TCC) signed between CADE and Petrobras, since Compass (part of... Continue Reading →
Petróleo Brasileiro S.A. - Petrobras, following up on the release disclosed on 08/03/2021, informs that it signed today with Ubuntu Engenharia e Serviços Ltda a contract for the sale of its total stake in the concession PAR-T-198_R12, located onshore, in the Paraná Basin. The total value of the transaction is US$ 31 thousand and the... Continue Reading →
(Reuters) - Brazil's state-run oil company Petrobras (PETR4.SA) will start testing new renewable diesel based on co-processed edible oils with customers in January, while awaiting regulatory approval to sell it commercially, the company's refining director told Reuters. The tests are expected to take about six months and will be backed by a fuel distributor and a bus... Continue Reading →
After the repairs were carried out on the export pipeline’s subsea valve, the Brazilian oil and gas giant Petrobras has resumed gas production from the Manati field, located offshore Brazil. Petrobras, as the operator of the Manati field – located in the Camamu Basin, in the state of Bahia – reported last week that the production of gas... Continue Reading →
Brazil Energy Insight 