Brazil’s Petroleo Brasileiro SA has told shippers it will not hire any tankers that have visited Venezuela in the past 12 months, the state-controlled oil company said on Friday, signaling adherence to U.S. sanctions on the Latin American nation. The United States this year blacklisted oil tankers and shipping companies over their dealings with Venezuela,... Continue Reading →
Petrobras starts binding phase of wind farms
June 12, 2020 Petróleo Brasileiro S.A. – Petrobras, following up on the press release disclosed on 03/13/2020 and 05/04/2020, announces the beginning of the binding phase regarding the joint sale, with Wobben Windpower Indústria e Comércio Ltda (Wobben), of all of its shares (51% Wobben and 49% Petrobras) in the companies Eólica Mangue Seco 3... Continue Reading →
Petrobras on binding phase of assets in Colombia
June 12, 2020 Petróleo Brasileiro S.A. – Petrobras, following up on the press release disclosed on 05/21/20, announces the beginning of the binding phase related to the sale of 100% of the shares held by Petrobras International Braspetro B.V. (PIB BV) and other Petrobras subsidiaries, in Petrobras Colombia Combustibles (PECOCO). Qualified parties for this phase... Continue Reading →
Government postpones TOR auction of Sepia and Atapu to 3rd quarter of 2021
Jun 10, 2020 The Ministry of Mines and Energy presented the schedule for the auction of Sepia and Atapu, remaining from the Transfer of Rights. The federal government expects the announcement to be published in the second quarter of next year, followed by the auction in the third quarter of 2021. Earlier this month, Minister... Continue Reading →
Petrobras qualifies ten EPC companies for FPSO
Jun 10, 2020 Petrobras has qualified ten companies to participate in the next bidding process to contract its own FPSO under the EPC (Engineering, Procurement and Construction) model: Brasfels and EBR (Brazil), Daewoo Shipbuilding, Hyundai and Samsumg (South Korea), Keppel Singapore , SBM (Netherlands), Technip (based in London) and Modec and Toyo (Japan). The Italian... Continue Reading →
Monthly bulletins for pre-salt contracts will be released by PPSA
June 10, 2020 The company Pre-Sal Petróleo (PPSA) released today (10) the first Monthly Bulletin of Production Sharing Contracts, which reveals that, in April, the total production of oil under sharing in the pre-salt area, including consortia and Union, reached 56 thousand barrels per day (bpd). The bulletins will be monthly. Created in November 2013,... Continue Reading →
Petrobras starts drilling in Naru in ultra-deep waters of the Campos Basin pre-salt
June 10, 2020 Petrobras started its first drilling campaign in block C-M-657, in the ultra-deep waters of the Campos Basin pre-salt. Well 1-BRSA-1376D-RJS, on the Naru prospect, is drilled in a water depth of 2,892 m. Originally scheduled for May, the campaign had to be postponed to the first week of June due to the... Continue Reading →
Petrobras on new naphtha contracts with Braskem
June 10, 2020 Petróleo Brasileiro S.A. - Petrobras informs that it signed new long-term contracts for the supply of petrochemical naphtha with Braskem S.A. ("Braskem") for the units in the states of Bahia and Rio Grande do Sul. The contracts come into force after the current contract closes in December 2020, and have a term... Continue Reading →
Petrobras files 2019 Sustainability Report
June 10, 2020 Petróleo Brasileiro S.A. – Petrobras informs that it has filed its 2019 Sustainability Report today. In addition to presenting Petrobras' operational, economic, social, environmental, and governance performance in 2019, the report also includes data regarding the first months of 2020, especially regarding the effects of the Covid-19 pandemic on the company and... Continue Reading →
Oil Workers’ Union, Petrobras Dismiss ‘Fake News’ of Helicopter Crash Offshore Brazil
Brazilian oil workers' union and oil company Petrobras have this week dismissed reports of a helicopter crash in the Campos basin, as fake news. Union SindipetroNF issued a statement is which it said that the "news published in some media on Monday, 08", that a Petrobras helicopter crashed into the Campos Basin was "Fake News."... Continue Reading →