Petróleo Brasileiro S.A. – Petrobras, in relation to news published in the media about the project to divest the Albacora and Albacora Leste fields, in the Campos Basin, clarifies that it has received binding offers from the consortia PetroRio/Cobra and EIG Global Energies Partners/Enauta/3R Petroleum for the acquisition of the fields. Such offers could exceed... Continue Reading →
ANP ESTABLISHES CRITERIA AND PROCEDURES FOR THE PRESENTATION OF FINANCIAL GUARANTEES FOR DECOMMISSIONING
The National Agency of Petroleum, Natural Gas and Biofuels - ANP published today, September 29, 2021, ANP Resolution No. 854, of September 27, 2021, which regulates the procedures for the presentation of financial guarantees and term to ensure the resources for the decommissioning of production facilities in oil and natural gas fields.The presentation of financial... Continue Reading →
Petrobras concludes redemption of Global Notes
Petróleo Brasileiro S.A. - Petrobras, following up on the release disclosed on September 24, 2021, informs that its wholly-owned subsidiary Petrobras Global Finance B.V. (PGF) concluded today the settlement of the early redemption of the 4.375% Global Notes e 4.25% Global Notes, both maturing in 2021. The total amount of the redemption was equivalent to... Continue Reading →
OIL FIELDS FROM THE TRANSFER OF RIGHTS ARE AMONG THE LARGEST PRODUCERS FOR THE MONTH OF AUGUST
(ANP) In August, the Búzios, Atapu and Sul de Tupi fields, all producing under the transfer of rights regime in the Santos Basin pre-salt, were among the largest national producers. Búzios, with 669.3 thousand boe/d (barrels of oil equivalent per day) was in second place, behind only the Tupi field, which produced 1.2 million boe/d.... Continue Reading →
Brazil’s Petrobras to provide $56 mln in cooking gas program for the poor
(Reuters) - Brazilian state-run oil company Petrobras (PETR4.SA) announced late on Wednesday it will provide 300 million reais ($56.23 million) to a 15-month social program that aims to help low-income families to buy cooking gas. The move comes as Brazil faces a rising inflation boosted by high energy and food prices, which has been affecting President Jair... Continue Reading →
IBAMA GRANTS LICENSE FOR SEISMIC SURVEY IN THE RONCADOR AND EAST ALBACORA FIELDS
The Brazilian Institute for the Environment (IBAMA) this week granted a license that authorizes the carrying out of 4D seismic surveys in the Roncador and Albacora Leste fields, in the Campos Basin. The document will be valid for one year and eight months. The seismic study may rely on one of the following vessels: MV... Continue Reading →
Petrobras on Manati field stoppaged
Petróleo Brasileiro S.A. – Petrobras informs that on Monday, 09/27, gas production was halted at the Manati field, located in the Camamu Basin, in the state of Bahia, due to a leak in the onshore portion of its export pipeline. The pipeline's operation was interrupted, with teams being mobilized for repairs, and is expected to... Continue Reading →
Petrobras on expression of interest in the Búzios field
Petróleo Brasileiro S.A. – Petrobras, following up the release disclosed on 08/24/2021, informs that the partner CNOOC Petroleum Brasil Ltda. (CNOOC) expressed interest in exercising the option to purchase an additional share of 5% in the Production Sharing Contract of the Transfer of Rights Surplus, for the Búzios field, in the Santos Basin pre-salt area.... Continue Reading →
Petrobras receives credit profile upgrade from Moody’s
Petróleo Brasileiro S.A. – Petrobras informs that the risk rating agency Moody's raised its credit profile by one notch, from "Ba2" to "Ba1", with a stable outlook. The agency also raised the company's stand-alone credit profile (intrinsic risk) by one notch, from "ba2" to "ba1". With this upgrade Petrobras is rated one notch above the... Continue Reading →
Petrobras signs contract for the leasing of Bahia LNG Terminal
Petróleo Brasileiro S.A. - Petrobras, following the release disclosed on August 26, 2021, informs that today it signed with Excelerate Energy Comercializadora de Gás Natural Ltda. (Excelerate) the lease contract of the LNG Regasification Terminal of Bahia (TR-BA) and associated facilities, in the amount of approximately R$ 102 million, effective until December 2023, in addition... Continue Reading →
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