Petrobras notified the presence of oil in Uirapuru

April 2, 2020 Petrobras notified the presence of oil in Uirapuru during the drilling of 1-BRSA-1373B-SPS, repetition of the first well drilled in the block, in the Santos Basin pre-salt, contracted in the 4th pre-salt sharing round. Petrobras will also test the HISEP technology, which separates dense phases at high pressure, with the fluid produced... Continue Reading →

Petrobras on arbitration involving Sete Brasil

April 1, 2020 Petróleo Brasileiro S.A. – Petrobras reports that it has entered into a settlement agreement to end an arbitration filed by an investor in Sete Brasil Participações S.A. - under judicial reorganization, seeking compensation from Petrobras for alleged damages related to its investment in the Sondas Project. In the 1Q2020 Petrobras will revert... Continue Reading →

OneSubsea takes Marlim PLEM and UTA

April 1, 2020 OneSubsea presented the lowest price in Petrobras' bid for the acquisition of a PLEM (Production Line End Manifold) and an UTA (Umbilical Termination Assembly) for the Marlim and Voador Revitalization Project (Modules 1 and 2). In the reverse auction conducted by Petronect, the company offered a value about 12% lower than the... Continue Reading →

Petrobras on new actions to strengthen resilience

Petrobras on new actions to strengthen resilience April 1, 2020 Petróleo Brasileiro S.A. – Petrobras, following up on the release disclosed on 03/26/2020, informs that due to the contraction of oil and oil products demand it has decided to adopt new measures that comprise reduction of oil production, postponement of cash disbursement and reduction of... Continue Reading →

Petrobras on the resignation of Board Member

March 31, 2020 Petróleo Brasileiro S.A. – Petrobras reports that the Board Member Ana Lúcia Poças Zambelli presented her resignation as member of the Board of Directors of the company, as well as the Board Committees of which she was a member, for personal reasons, with effect from April 1, 2020. The election of the... Continue Reading →

Petrobras on E&P assets in the Santos Basin

March 31, 2020 Petróleo Brasileiro S.A. - Petrobras, following up on the release dated 02/27/2020, announces the beginning of the binding phase referring to the sale of all its equity interest in Merluza and Lagosta fields, located in the shallow waters of Santos Basin. Qualified parties for this phase will receive a process letter with... Continue Reading →

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