May 26, 2020 Petrobras intends to dispose of all its participation in the petrochemical company Braskem by operating in the capital market, the president of the state oil company, Roberto Castello Branco, reiterated on Monday, when he projected that the deal could take place until the beginning of next year. . "We believe it will... Continue Reading →
Exclusive: Coronavirus spreads in Brazil’s oilfields, as five offshore operators register cases
(Reuters) - Norway’s Equinor ASA (EQNR.OL) and Anglo-French firm Perenco are among at least five oil producers that have registered coronavirus cases among employees or contractors at facilities off the coast of Brazil, according to industry and regulatory sources. Royal Dutch Shell PLC (RDSa.L) and Brazil’s Enauta Participacoes SA ENAT3.SA have registered one case each,... Continue Reading →
PETROBRÁS TO HOLD AN INTERNATIONAL AUCTION IN JULY FOR THREE PLATFORMS
May 25, 2020 Petrobras will hold an electronic international auction in July to dispose of three semi-submersible platforms that operated in the Campos Basin. The units in question are platforms P-7, P-12 and P-15. The virtual bidding is scheduled for July 9 and will take place on the auctioneer João Emílio's website. The information was... Continue Reading →
Proposals for gas in Brazil: a view from BNDES
May 25, 2020 The BNDES is proposing a discussion on business models that make the investment in infrastructure for the disposal of natural gas produced in the pre-salt possible, and one of the ideas is the development of an intermediate market for operators of the routes that connect the offshore fields to the market, on... Continue Reading →
Naru drilling is anticipated in the Campos Basin
May 21, 2020 The drilling of the first exploratory well in block C-M-657, in the Campos Basin, will be anticipated from June to May. The activity in the block acquired in the 15th round by Petrobras, in partnership with ExxonMobil and Equinor, will be carried out in the Naru prospect. Seadrill rig chartered by Petrobras... Continue Reading →
Petrobras on sale of assets in Colombia
May 21, 2020 Petróleo Brasileiro S.A. – Petrobras, following up on the press release disclosed on 03/06/20, informs that the non-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) is underway, as described in the teaser,... Continue Reading →
Petrobras on production at Parque das Baleias
May 20, 2020 Petróleo Brasileiro S.A. - Petrobras informs that the Parque das Baleias Area reached today the mark of 1 billion barrels of oil produced. The Parque das Baleias Area is formed by the fields of Jubarte, Baleia Anã, Cachalote, Caxaréu and Pirambú. The first field, of Jubarte, was discovered in 2001. Currently, four... Continue Reading →
Petrobras expects good news in the short term regarding asset sales, says CEO
May 19/2020 Petrobras expects to announce good news related to the sale of assets, in an important step in the search to reduce the company's debt, the president of the state oil company, Roberto Castello Branco, said on Tuesday in a videoconference transmitted by Safra Bank. The executive, who did not give details about the... Continue Reading →
Petrobras can operate with oil at US$ 15 / barrel and cut more costs
May 15, 2020 Petrobras is well prepared to operate with oil prices as low as $ 15 a barrel, after putting in place several measures to deal with the sector's global crisis scenario, and may make further cost cuts, the company executive director of Finance and Investor Relations, Andrea Almeida, said on Friday. In view... Continue Reading →
PETROBRAS CHANGES COMPERJ’S NAME TO GASLUB ITABORAÍ
May 15, 2020 At the press conference given by Petrobras management, the company's president, Roberto Castello Branco, made a point of stressing the change in the name of the Rio de Janeiro Petrochemical Complex (Comperj), which he refers to as a “graveyard of corruption”. In an attempt to erase the past of scandals involving the... Continue Reading →