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October 10, 2019 - Petróleo Brasileiro SA - Petrobras reports that it has acquired one offshore block in the 16th ANP Bidding Round under the Concession Regime, held today by the National Agency of Petroleum, Natural Gas and Biofuels (ANP). The company is advancing its partnership strategy and will be the operator. The total amount... Continue Reading →
BP PLC, Chevron Corp and Royal Dutch Shell PLC are among firms that will compete for exploration and production rights off the Brazilian coast on Thursday, in the first of three oil bidding rounds scheduled for coming weeks. Combined, the minimum signing bonuses for the blocks in the so-called 16th post-salt oil bidding round in... Continue Reading →
October 09, 2019 Petróleo Brasileiro S.A. - Petrobras reports that, following up to the Strategic Partnership signed on 12/18/2017, celebrated today a Memorandum of Understanding (MOU) with Equinor ASA – Equinor, a company based in Oslo (Norway), focused on the joint development of businesses related to the value chain of natural gas produced from the... Continue Reading →
October 8, 2019 Petróleo Brasileiro SA - Petrobras, following up on the release of 11/28/2018, reports that today it completed the sale of its interests in Pargo, Carapeba and Vermelho fields, located in shallow waters off the coast of the State of Rio de Janeiro, to Perenco Petróleo e Gás do Brasil Ltda (“Perenco”). After... Continue Reading →
OCT 07, 2019 Brazil may receive investments to build at least 15 new pipelines in the coming years in this wave of expansion of the country's gas market. All from private investments. At least that's what the Energy Research Company (EPE) is projecting as potential for a new market. If this forecast is confirmed, it... Continue Reading →
Oct 8, 2019 The ANP board approved the extension of the Roncador field concession contract, in the deep waters of the Campos Basin, for another 27 years. Round Zero Field, the area also had its development plan approved by the agency. - Round Zero was the auction that ratified the fields that would be with... Continue Reading →
(Reuters) - State-run oil company Petroleo Brasileiro has collected 133 tonnes of oil along Brazil’s northeastern shoreline, Chief Executive Roberto Castello Branco said on Tuesday, in an unexplained mystery he said was worrying. Speaking with lawmakers, he said the company had not identified any of its own oil in its analyses. He also said that,... Continue Reading →
Oct 7, 2019 Petrobras has requested from the Brazilian Institute of Environment and Natural Resources (Ibama) the Preliminary License and the Installation License for the implementation of the Offshore Wind Generation Pilot Plant, about 20 km off the coast of Guamaré, in Ubarana Field, in Rio Grande do Norte. It was determined environmental study.
Petrobras informs, in addition to the press release issued on August 9, 2019, that the Comisión Nacional de Valores (CNV), the Argentine capital market regulator, has authorized the withdrawal of its shares from the public offering regime, exempting the company from promoting a public offering for the acquisition of shares in accordance with CNV General... Continue Reading →
October 04, 2019 Petróleo Brasileiro S.A. – Petrobras reports that on October 17, after market closes, the company will release its quarterly production and sales report for 3Q19 and on October 24, also after market closes, it will disclose the financial statements report. On October 25 it will be held two conference calls/webcasts to present... Continue Reading →
Brazil Energy Insight 