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Petróleo Brasileiro S.A. – Petrobras, following up on the release disclosed on 05/28/2021, informs that its wholly-owned subsidiary Petrobras Bolivia S.A. (PEB) was notified today of a decision by the Agro-environmental Court of the city of Sucre that annulled a first instance sentence that required PEB to pay US$ 61 million, plus interest and costs,... Continue Reading →
(PetroleoHoje) Petrobras will close a new charter contract with drillship Norbe IX, from Ocyan. The drilling company was declared the winner of the Brazilian oil company's bid to contract one or more rigs as of the first quarter of 2022. The result of the tender was confirmed by Petrobras on the Petronect website. Despite the... Continue Reading →
Petróleo Brasileiro S.A. - Petrobras, following up on the release disclosed on January 27, 2021, informs that the validation stage of the enrollment of Petros Plan 3 (PP-3) was concluded, totaling 2,176 approved requests. The technical and administrative feasibility studies of the new plan were completed and the Petros’ Executive Board certified its feasibility in a... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras, following up on the releases disclosed on April 16, 2021, April, 29, 2021, May 5, 2021 and May 31, 2021, informs that its Board of Directors authorized the convening of an Extraordinary General Meeting (EGM) for the election of eight positions to the Board of Directors filled by the multiple... Continue Reading →
The FPSO Cidade de São Vicente will leave Brazil possibly in July. After trying unsuccessfully to negotiate a new contract in the country, BW Offshore will take the production unit abroad. The likely destination is Asia. The decision to withdraw the FPSO from Brazil was taken recently by BW Offshore, after negotiations with Trident and... Continue Reading →
Oil States do Brasil won an important contract from Petrobras to maintain equipment and accessories and to support the offshore operations of the state-owned company. The contract will provide operational support for various subsea equipment used in Petrobras projects to ensure full availability in operations. This type of contract, which historically was executed within the... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras, following up on the release disclosed on 08/05/2020, informs that it has today finalized the sale of its 50% interest in the Dó-Ré-Mi onshore field, located in the Sergipe-Alagoas Basin, in the state of Sergipe, to the company Centro-Oeste Óleo e Gás Ltda. After fulfilling the previous conditions, the operation... Continue Reading →
(PetroleoHoje) Six months after the binding date, Petrobras and 3R Petroleum should close, by the end of June, the divestment operation of the Papa-Terra field, located in deep waters in the Campos Basin. The terms of the asset purchase and sale contracts have already been negotiated, depending only on the seller's internal arrangements to conclude.
(Reuters) Brazilian state-run oil firm Petroleo Brasileiro SA (PETR4.SA) said on Friday that it will start a staggered return from home office to on-site work for its white-collar workers between July and August. Petrobras, as the company is known as, told Reuters the process will continue in October with up to 20% of office occupancy and will... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras (“Petrobras”) (NYSE: PBR) today announced the final results and settlement of the previously announced cash tender offers by its wholly-owned subsidiary, Petrobras Global Finance B.V. (“PGF”), with respect to any and all of PGF’s outstanding notes of the series set forth in the table below (the “Notes” and such offers, the... Continue Reading →
Brazil Energy Insight 