January 21, 2020 - Petróleo Brasileiro S.A. – Petrobras announced today that Banco Nacional de Desenvolvimento Econômico e Social – BNDES (the “Selling Shareholder”) has commenced an offering of up to 734,202,699 common shares, without par value, of Petrobras (the “Common Shares”), including Common Shares represented by American depositary shares, each of which represents two... Continue Reading →
Petrobras about CARF’s decision
January 21, 2020 Petróleo Brasileiro S.A. – Petrobras reports that the Higher Chamber of the Administrative Tax Appeals Council (CARF) issued today an unfavorable decision, by a casting vote, on an administrative tax proceeding which deals with the collection of PIS/COFINS - Import tax regarding remittances abroad for the payment of charters contracts in the... Continue Reading →
Petrobras will lose preemptive rights in pre-salt exploration
Jan 20, 2020 The government will reduce the value of the signature bonus or decrease the percentage of oil sharing with the Union required in the Sépia and Atapu fields, in the pre-salt, informs the Special Secretary of Finance, Waldery Rodrigues. The two fields did not receive offers at the auction for the transfer of... Continue Reading →
Fire outbreak temporarily interrupted production on the P-76 Buzios platform.
Jan 18, 2020 This Saturday the 18th , a fire outbreak temporarily interrupted production on the P-76 platform. Petrobras, through its press office, informed the resumption of the operation. The P-76 is in the Búzios field, in the Santos Basin pre-salt, considered one of the most promising in Brazil. The unit has an installed capacity... Continue Reading →
Petrobras on non-binding phase of assets in Uruguay
Jan 17, 2020 Petrobras, following up on the press release disclosed on 11/12/2019, related to the sale of 100% of the shares held by Petrobras Uruguay Sociedad Anónima de Inversiones (PUSAI) - a subsidiary of Petrobras - in Petrobras Uruguay Distribuición S.A. (PUDSA), informs that the project´s non-binding phase is underway, as described in the... Continue Reading →
Petrobras announces non-binding phase for the sale of TAG
January 17, 2020 Petróleo Brasileiro S.A. - Petrobras, following up on the press release disclosed on 12/11/2019, announces the beginning of the non-binding phase related to them sale of its remaining stake (10%) in Transportadora Associada de Gás S.A. (TAG). Potential buyers qualified for this phase will receive a descriptive memorandum with more detailed information... Continue Reading →
Cosan applies for license to build Rota 4
Jan 17, 2020 Cosan has applied for a license to build the second stage of the Rota 4 gas pipeline. The project will increase the transport capacity of gas production from the pre-salt fields, according to a document published by IBAMA. Cosan wants to build the 313 km pipeline that will connect the Carcará and... Continue Reading →
Sergipe-Alagoas/Jacuipe Basin – Natural Gas
Jan 17, 2020 The ANP signed a contract with Ecology to prepare the Environmental Study of Sedimentary Area in the offshore part of the Sergipe-Alagoas / Jacuípe Basin. It will also be proposed an action plan for studies and research and monitoring, in order to expand the socio-environmental knowledge of the Basin and present data... Continue Reading →
Raízen negotiates consortium with GIP fund for Petrobras refineries, sources say
Jan 16, 2020 Global Infrastructure Partners (GIP) fund manager plans to submit a joint offer with Raízen for refineries for sale by Petrobras, two people with knowledge of the matter said. Raízen, a joint venture between Royal Dutch Shell PLC and ethanol producer Cosan SA, made non-binding offers for the largest refineries for sale by... Continue Reading →
PETROBRAS MAKES NEW OIL DISCOVERY NOTIFICATION IN MARLIM LESTE
Jan 15, 2020 Petrobrás notified the National Petroleum Agency (ANP) of a discovery of oil evidence in the Marlim Leste field, in the Campos Basin, at a water depth of 1,226 meters in the well 9-MLL-83-RJS . The Marlim Leste field adopts two production development modules: the P-53, a FPU (Floating Production Unit) type platform;... Continue Reading →