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(Reuters) - Brazilian police expanded a long-running corruption probe at state-controlled oil company Petroleo Brasileiro SA based in part on secret recordings made by a former executive of Swiss trading firm Vitol SA, according to court documents released on Tuesday. Police on Tuesday served warrants seeking documents from six people and two companies as part... Continue Reading →
Petrobras' operational performance in 3Q20 was very good, considering the challenging scenario imposed by the COVID-19 pandemic. Our oil and gas production in Brazil grew by 9.0% in the first nine months of this year compared to last year. The production of the pre-salt fields increased by 32%, while in the other areas, post-salt, shallow... Continue Reading →
(Reuters) - Brazilian police on Tuesday expanded a long-running corruption investigation known as Car Wash to international contracts mostly for diesel and jet fuel at state-controlled oil company Petroleo Brasileiro SA PETR4.SA, prosecutors said in a statement. Search warrants were issued against six individuals and two businesses related to one of them as part of a... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras (“Petrobras”) (NYSE: PBR) announces the expiration and expiration date results of the previously announced offers to purchase for cash by its wholly-owned subsidiary Petrobras Global Finance B.V. (“PGF”) of any and all of its outstanding notes of the series set forth in the table below (the “Tender Notes” and such... Continue Reading →
After announcing the postponement of the Parque das Baleias Integrated Project for about a year, Petrobras will begin this Monday afternoon the new bidding process for contracting the enterprise's FPSO. The start of delivery of proposals for construction and chartering of the vessel will begin today at 14:00 hours. The calendar foresees that the opening... Continue Reading →
Brazilian oil major Petrobras has postponed the Parque das Baleias integrated project in the Campos basin by about one year. Petrobras said last Friday that it also cancelled the FPSO charter bidding, granting the start of a new bidding process. The operator, citing the economic context of COVID-19 in its decision, now expects first oil... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras informs that, given the economic context of the COVID-19 scenario, it postponed the Integrated Project of Parque das Baleias by about one year, with the start of operation and first oil to 2024, but preserving the scope of the project that foresees the relocation of wells between platforms in operation... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras, following up on the release disclosed on July 29, 2020, informs the beginning of the binding phase regarding the sale of its entire stake in a set of seven onshore and shallow water concessions (Alagoas Cluster) located in the state of Alagoas. Potential buyers qualified for this phase will receive... Continue Reading →
Petrobras is studying resuming the exploration campaign in the deep waters of the Potiguar Basin in 2023, with the drilling of a new well to delimit the discovery of Pitu - one of the few assets that is not being sold by the company in the state of Rio Grande do Norte. - The discovery... Continue Reading →
While Modec finalizes the construction works of the FPSO Carioca, Petrobras is advancing in licensing the project. The state-owned company has requested Ibama in the last few days for the operating license of the platform vessel, which it will produce in the Sépia field, in the Santos basin. The FPSO will be installed approximately 250... Continue Reading →
