Aug 19, 2020 Petrobras will decide on the future of the bidding for the chartering of the FPSO of Itapu (transfer of rights) this week. The expectation is that the oil company will either choose to cancel the bid or postpone, once again, the date of delivery of the proposals, with the promise of being... Continue Reading →
PETROBRAS LAUNCHES TENDER FOR 15 KM OF FLEXIBLE LINES
Aug 18, 2020 This week Petrobras launched a tender to choose a supplier to acquire up to 15.1 km of flowline flexible pipelines for gas injection. The International competition will be in closed dispute mode, with the deadline for submitting proposals on August 24th. The opening of the envelopes with the competitors' proposals is scheduled... Continue Reading →
Petrobras on unregistered global notes exchange offer
August 17, 2020 Petróleo Brasileiro S.A. – Petrobras (“Petrobras”) (NYSE: PBR) announces the commencement of an offer (the “Exchange Offer”) by its wholly-owned subsidiary Petrobras Global Finance B.V. (“PGF”) to exchange up to U.S.$4,115,281,000 aggregate principal amount of PGF’s newly issued 5.093% Global Notes due 2030 (CUSIP/ISIN: 71647N BE8 / US71647NBE85) (the “New Notes”) registered... Continue Reading →
Third phase of Brazil’s Mero deep offshore oil project launched: Total
(Reuters) - French energy group Total and its partners have launched the third phase of development for the Mero deep offshore oil project off the coast of Brazil, the company said on Monday. The Mero 3 floating production storage and offloading vessel(FPSO) will have a liquid treatment capacity of 180,000 barrels per day (bpd) and... Continue Reading →
Petrobras starts the binding phase of thermal power plants
August 14, 2020 Petróleo Brasileiro S.A. – Petrobras, following up on the press release disclosed on 06/15/2020, announces the beginning of the binding phase regarding the sale of four thermal power plants, three of which are located in Camaçari, in the state of Bahia and powered by fuel oil (UTEs Polo Camaçari), and one bi-fuel... Continue Reading →
Petrobras signs charter agreement for Mero 3 – MISC Berhad
August 14 , 2020 Petróleo Brasileiro S.A. – Petrobras informs that today it signed a letter of intent with the company MISC Berhad for the chartering and services for FPSO (floating production storage and offloading unit) Marechal Duque de Caxias to be installed in the Mero field, belonging to the Libra Block, in Santos Basin... Continue Reading →
Japanese FPSO secures financing from JBIC
Japan Bank for International Cooperation (JBIC) has entered into an agreement to provide a project loan for a floating production storage and offloading (FPSO) vessel jointly owned by compatriot companies Modec, Mitsui & Co, MOL and Marubeni Corporation. The unit, FPSO Almirante Barroso MV32, is currently being converted from VLCC VK Eddie at the Cosco Dalian yard... Continue Reading →
Petrobras on onshore fields sale in Ceará
August 14, 2020 Petróleo Brasileiro S.A. - Petrobras, following up on the release disclosed on 06/18/2018, informs that it signed today with SPE Fazenda Belém S.A., a wholly-owned subsidiary of 3R Petroleum e Participações S.A., a contract for the sale of its entire interest in the onshore fields of Fazenda Belém and Icapuí, called Fazenda... Continue Reading →
THREE TRANSPETRO FLEET SHIPS WILL BE AUCTIONED IN SEPTEMBER
Aug 12, 2020 Petrobrás is taking another step in its plans to decrease the average age of Transpetro's fleet of ships and announced that it will hold an auction for the Piraí, Pirajuí and Pedreiras oil tankers, all of which are Panamax class. The event is scheduled for September 10, through the Petronect portal. The... Continue Reading →
PETROBRAS PROMISES TO ANTICIPATE TECHNICAL DETAILS ABOUT NEW PROJECTS TO ITS SUPPLIERS
Aug 12, 2020 Petrobras management is promising the supply chain to share a series of technical details about its new pre-salt exploration and production projects earlier. The information was provided by the company's executive director of Production Development, Rudimar Lorenzatto, who participated in a webinar promoted by SPE Brasil. The executive stated that the sooner... Continue Reading →