March 16, 2019 Petróleo Brasileiro S.A. – Petrobras, following up on the press release disclosed on 12/23/2019, announces the beginning of the binding phase related to the sale of part of its interest in exploratory blocks belonging to the BM-P-2 concession, located in the Pelotas Basin deep waters, in the state of Rio Grande do... Continue Reading →
Petrobras announces binding phase for the sale of TAG
March 13, 2020 Petróleo Brasileiro S.A. - Petrobras, following up on the press release disclosed on 01/17/2020, announces the beginning of the binding phase related to the sale of its remaining stake (10%) in Transportadora Associada de Gás S.A. (TAG). Potential buyers qualified for this phase will receive a process letter with detailed information on... Continue Reading →
Petrobras releases teaser for sale of wind farms
March 13, 2020 Petróleo Brasileiro S.A. - Petrobras announces that it has started the disclosure stage for this opportunity (teaser) in relation to the joint sale of all its shares in the wind farms Mangue Seco 3 and Mangue Seco 4, owners of the wind power generation plants with the same names. Petrobras holds a... Continue Reading →
VESSEL COLLIDES WITH FPSO P-77 IN BÚZIOS FIELD, IN SANTOS BASIN
MAR 13 , 2020 According to information obtained by Petronotícia, the vessel Batuira crashed into the platform ship P-77, in the Búzios field, in the Santos Basin. The FPSO suffered damage to its side and, in addition, there was a detachment of the gangway - a walkway that connects the Maintenance and Safety Unit (UMS)... Continue Reading →
Petrobras on production record in Búzios field
March 11, 2020 Petróleo Brasileiro S.A. – Petrobras reports that it achieved on March 10th a new production record in Búzios field, in the Santos Basin pre-salt: 640 thousand barrels of oil per day and 790 thousand barrels of oil equivalent per day produced by the four platforms (P-74, P-75, P-76 and P-77) currently installed... Continue Reading →
Petrobras on Petros Plan
March 10, 2020 Petróleo Brasileiro S.A. - Petrobras reports that its Board of Directors deliberated on the New Deficit Equation Plan (New Plan) of the Renegotiated and Non-Renegotiated Petrobras System Petros plans (PPSP-R and PPSP-NR), managed by Petrobras Social Security Foundation - Petros and in compliance with CNPC Resolution No. 30/2018. The New Plan aims... Continue Reading →
Brazil stocks post biggest fall since 1998, central bank intervenes twice in FX
Brazilian stocks plunged more than 12% on Monday to record their biggest fall since 1998 and the central bank intervened twice in the currency market as the real slumped to another record low, in a day of widespread fear and selling across global markets. The benchmark Bovespa index's 12.3% decline .BVSP was its biggest one-day fall since... Continue Reading →
Petrobras signs agreement to sell onshore fields
March 9, 2020 - Petróleo Brasileiro S.A. - Petrobras reports that today it signed an agreement with Eagle Exploração de Óleo e Gás Ltda. (Eagle) for the sale of 100% of its stakes in four onshore fields, located in the Tucano Basin, in the countryside of the state of Bahia, for US$ 3.01 million. The... Continue Reading →
Petrobras Suspends Offshore Wind Project
Mar 4, 2020 Petrobras decided to suspend the pilot project for offshore wind generation in the Ubarana field, in the Potiguar Basin, on the coast of Rio Grande do Norte. The decision was communicated to Ibama, responsible for the environmental licensing of the project, at the end of January. In a letter sent to the... Continue Reading →
Petrobras signs new amendment with YPFB for gas supply
March 6, 2020 - Petróleo Brasileiro S.A. - Petrobras, following the press release disclosed on December 30, 2019, reports that it has entered into a new amendmentto the natural gas supply agreement (GSA) with Yacimientos Petrolíferos Fiscales (YPFB). The amendment signed today refers to the volume of gas contracted in 1999, at the beginning of... Continue Reading →