Petróleo Brasileiro S.A. – Petrobras, following up on the release disclosed on 09/28/21, informs that it has signed the Instrument of Acceptance provided for in the contract and transferred, this Saturday (12/04), the operation of the Bahia Liquefied Natural Gas Regasification Terminal (TR-BA) to Excelerate Energy Comercializadora de Gás Natural (Excelerate). The agreement was signed... Continue Reading →
Bolsonaro: Petrobras to cut fuel prices
(Reuters) - State-run oil company Petrobras (PETR4.SA) will start lowering fuel prices as early as next week, Brazilian President Jair Bolsonaro said in an interview on Sunday published in news website Poder360. Bolsonaro did not give details about the move, but explained that the price reductions should continue into the next few weeks. "Petrobras begins this week... Continue Reading →
ONESUBSEA MAKES THE FIRST WET CHRISTMAS TREE DELIVERY FOR MERO 2
OneSubsea made the first delivery of a Wet Christmas Tree for the Mero 2 project, operated by Petrobras in the Libra block, in the Santos Basin pre-salt. OneSubsea's contract in Mero involves the supply of equipment for subsea production systems, installation and commissioning and intervention services for the second phase of the field's development. “This... Continue Reading →
Petrobras Hires PGS for ‘Significant’ 4D Survey Offshore Brazil
Norwegian marine seismic data acquisition company PGS said Friday it was scheduled to start a significant 4D acquisition survey for Petrobras over the Roncador and Albacora Leste fields offshore Brazil in Q2 2022. The acquisition is expected to complete in Q3 2022. The contract was awarded earlier and is already included in PGS reported order... Continue Reading →
Brazil produced 3,606 MMboe/d in October
The national production of oil and natural gas in October totaled 3,606 MMboe/d (million barrels of oil equivalent per day), with 2,777 MMbbl/d (million barrels daily) of oil and 132 MMm3/d (million cubic meters) of natural gas. There was a 7.4% reduction in oil production compared to the previous month and 3.3% compared to October... Continue Reading →
GRANIHC, OCYAN AND SISNERGY WILL SIGN PETROBRAS PLATFORMS MAINTENANCE CONTRACTS
GranIHC, Ocyan and Sisnergy will sign contracts with Petrobras for maintenance and integrity services of 19 platforms in the Campos Basin. The deal is the result of the oil company's mega-bid, divided into four lots, the total value of which is R$ 1.97 billion. The signing of contracts should take place this week. GranIHC will... Continue Reading →
BUZIOS 8 SURF IS DELAYED FOR TWO WEEKS
(PetroleoHoje) Petrobras has postponed the deadline for delivering the mega-bidding proposals for contracting the SURF system (underwater collection) for the 8th module in the Buzios field. The extension is the second granted by the oil company. Initially scheduled to take place on December 8th, the delivery of proposals is scheduled for December 22nd. The tender... Continue Reading →
Petrobras on Governance Certification
Petróleo Brasileiro S.A. – Petrobras informs that today, for the fifth time in a row, it received the certification in the Governance Indicator of the Secretariat for Coordination and Governance of State-Owned Companies (IG-Sest), of the Ministry of the Economy, achieving classification in the indicator's best level - Level 1, which shows the company's degree... Continue Reading →
Brazil’s Guedes suggests privatizing oil firm Petrobras before it is ‘irrelevant’
(Reuters) - Brazilian Economy Minister Paulo Guedes said on Wednesday that state-run oil company Petrobras (PETR4.SA)should be privatized before it becomes irrelevant and oil loses value, suggesting the government could use the sale proceeds to reduce poverty. Citing the ongoing processes to privatize state-run power company Eletrobras (ELET6.SA) and postal-service firm Correios, Guedes said the same rationale for... Continue Reading →
Petrobras completes sale of the Landulpho Alves Refinery (RLAM)
Petróleo Brasileiro S.A. – Petrobras, following up on the release disclosed on 03/24/2021, informs that today it has completed the sale of the Landulpho Alves Refinery (RLAM) and its associated logistical assets, located in the state of Bahia, for MC Brazil Downstream Participações, a company of the Mubadala Capital group. After the fulfillment of all... Continue Reading →
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