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December 11, 2019 - Petróleo Brasileiro S.A. - Petrobras reports that it has started the opportunity disclosure stage (teaser), relating to the sale of its remaining stake (10%) in Transportadora Associada de Gás S.A. (“TAG”). The teaser, which contains key information about the opportunity, as well as the eligibility criteria for selection of potential participants,... Continue Reading →
December 11, 2019 – Petróleo Brasileiro S.A. – Petrobras following up on the release dated November 1, 2019, informs that, in alignment with its cash management strategy and in accordance with the provisions of the Amendment Term to the Transfer of Rights Agreement, paid to the Federal Government the amount of R$ 34.420 billion (thirty-four... Continue Reading →
SBM Offshore announced on Wednesday that it has firmed up contracts with Brazil’s Petróleo Brasileiro S.A. (Petrobras) for the 22.5-years lease and operation of a floating production, storage and offloading unit (FPSO) to be deployed at the Mero field in the Santos Basin offshore Brazil. FPSO Sepetiba, formerly known as Mero 2, will be built... Continue Reading →
Petrobras held, on Monday (December 09, 2019), the opening of the 6th "Compliance in Petrobras", at the company's headquarters in Rio de Janeiro. The meeting, held on the International Anti-Corruption Day, was an opportunity to present Petrobras' advances and challenges in combating fraud and corruption, as well as to exchange experiences with professionals specializing in... Continue Reading →
Dec 10, 2019 Petrobras is developing nanotechnology solutions to increase production in its oil fields. Using nanotechnology for use in Advanced Oil Recovery may make it possible to extract more oil and gas than conventional techniques already used. The company has invested R$ 21.3 million in this technology in recent years, using financial resources from... Continue Reading →
Dec 10, 2019 The P-70 has left the shipyard in Qingdao, China, to travel to Brazil and will arrive at Atapu field in the first quarter of 2020. The start-up of the operation will take place after the mooring and interconnection work of the first producing well. The P-70 platform is part of the replicant... Continue Reading →
AFGlobal announced on Monday that its Active Control Device (ACD) has been approved by Petrobras for use on its wells in Brazil. This approval follows rigorous testing review at the AFGlobal’s Advanced Technology Center in Houston, the company said. “This is a pivotal milestone for AFGlobal, and we are very proud to have our technology... Continue Reading →
Dec 09, 2019 Petrobras will send letters of apology to about 2,000 employees who have been investigated for possible involvement in corruption schemes following the Lava Jato operation, state oil company president Roberto Castello Branco said on Monday. During his speech at a compliance event at the company's headquarters, the executive stressed that internal investigations... Continue Reading →
December 9, 2019 – Petróleo Brasileiro S.A.- Petrobras, following up on the release disclosed on 04/25/2019, reports that it has completed today the sale of its entire stake in 34 onshore production fields located in the Potiguar Basin, in the state of Rio Grande do Norte, to Potiguar E&P S.A., a subsidiary of Petrorecôncavo S.A.... Continue Reading →
Dec 9, 2019 Petrobras has completed a feasibility study with Chinese oil company CNPC on refining operations at the Comperj refinery in Itaboraí (RJ), said the Petrobras executive director of refining and natural gas Anelise Lara. The executive added that Petrobras is seeking to recover a volume of gas from an existing contract to import... Continue Reading →
