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Petrobras' exploratory campaign in the Campos Basin has new developments. This time, the state-owned company started drilling another well (1-BRSA-1378-RJS) in the region, inside block C-M-709, in a water depth of 2,840 meters. The information was made available by the National Petroleum Agency (ANP). Block C-M-709 is operated by Petrobras (40%), in partnership with ExxonMobil... Continue Reading →
Rio de Janeiro, March 10, 2021 - Petróleo Brasileiro S.A. - Petrobras informs that received official letter from the Ministry of Mines and Energy with two nominations for the Board of Directors in the next Extraordinary General Meeting, selected as provided in art. 18, § 7, of Petrobras’ Bylaws: Cynthia Santana Silveira Ana Silvia Corso Matte... Continue Reading →
Dutch FPSO giant SBM Offshore has ordered the fourth Fast4Ward FPSO hull from the Chinese Shanghai Waigaoqiao Shipbuilding (SWS) shipyard. SWS said that his type of FPSO hull also adopts SBM’s ‘universal’ hull design concept and has an oil storage capacity of 2.3 million barrels of crude oil. It also meets the marine environmental conditions... Continue Reading →
Petróleo Brasileiro S.A. - Petrobras, following up on the press release disclosed on March 3, 2021, informs that it has received a letter from Fundo de Investimento em Ações Dinâmica Energia and Banclass Fundo de Investimento em Ações, managed by Banco Clássico S.A., indicating Leonardo Pietro Antonelli for election to the company's Board of Directors,... Continue Reading →
Petróleo Brasileiro S.A. - Petrobras informs that received official letters from the Ministry of Mines and Energy and the Ministry of Economy with six nominations for the next Extraordinary General Meeting, to exercise the position of the company’s Board of Directors members: Eduardo Bacellar Leal Ferreira – Chairman of the Board Joaquim Silva e LunaRuy Flaks... Continue Reading →
The COVID-19 pandemic, 2020 crude oil price crash and ongoing global petroleum supply glut have done little to slow the growth of South America’s massive offshore oil boom. The colossal oil boom underway in the tiny South American nation of Guyana is gaining momentum, while Suriname is on the cusp of experiencing its own and... Continue Reading →
Petrobras has developed an innovative data analysis platform, whose objective is to map the production potential of areas recently acquired by the company and portions of fields under development. Named the Analog Panel, the platform integrates a large volume of data obtained from oil reservoirs, enabling comparative analysis and information sharing. The tool is part... Continue Reading →
Petróleo Brasileiro S.A. - Petrobras, regarding the pieces of news published in the media, clarifies that there is no decision, up to this moment, about the exit of the Chief Financial and Investor Relations Officer, Andrea Marques de Almeida and the Chief Trading and Logistics Officer, André Barreto Chiarini. All members of the Executive Board... Continue Reading →
A fifth board member at Brazil's Petrobras will step down, the company said as of Wednesday, and the state-run oil producer's shares tumbled more than 3% as management turmoil showed no signs of abating. A day earlier, four other board members stepped down at Petroleo Brasileiro SA, as the company is formally known. Their messages,... Continue Reading →
Companhia Docas do Rio de Janeiro signed a transition contract with Petrobras, in order to guarantee the maintenance of the company's operations in the Port of Rio de Janeiro, which is one of the main bases of the country's offshore support for the exploration of the Santos Basin pre-salt fields. Considered very important for the... Continue Reading →
Brazil Energy Insight 