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October 04, 2019 Petróleo Brasileiro S.A. - Petrobras informs that in connection to the press released of August 1st, 2019 is paying today Interest on Capital (IOC), as defined in art. 9, sole paragraph of its Bylaws. The gross value to be distributed, totaling R$ 2,608,840,252.20, corresponds to a gross amount of R$0.20 per common... Continue Reading →
Oct 4, 2019 Following the announcement issued on September 13, 2019, Petrobras announces the beginning of the non-binding phase related to the sale of Gabriel Passos Refinery (REGAP) in Minas Gerais, with its corresponding logistics assets. Potential buyers eligible for this phase will receive a descriptive memorandum containing more detailed information on the assets in... Continue Reading →
Oct 02/2019 According to ANP, the August 2019, oil and natural gas production in Brazil totaled 3.828 million barrels of oil equivalent per day (MMboe / d). Oil production was approximately 2.989 million barrels per day (MMbbl / d), an increase of 7.7% from the previous month and 18.5% from August 2018. The volume exceeded... Continue Reading →
Oct 02, 2019 Weatherford has signed a contract with Petrobras to supply the oil company with 24 deepwater safety valves. Lasting four years, the deal involves equipment capable of withstanding pressures up to 10,000 psi and water depths up to 3,658 m. Operating in 80 countries, Weatherford provides solutions, technology and services to the oil... Continue Reading →
October 1, 2019 Petróleo Brasileiro S.A. – Petrobras informs that since May 2019 has been negotiating with unions to reach an understanding on the 2019-2020 Collective Bargaining Agreement (“ACT”). After more than 20 meetings between representatives of Petrobras and the union, with the submission by the company of three proposals that were not accepted, Petrobras... Continue Reading →
30 Sept, 2019 With 424 tons of steel and 156 meters high. If it were a building, it would be one of the tallest in the country. The new flare (torch) tower at the Natural Gas Processing Unit (NGPU), was installed in partnership with MIP Engenharia in the Integrated Route 3 Project, under construction in... Continue Reading →
Oct 01, 2019 Petrobras announces the International Auction of the drillship Vitória (NS-30). The bidding will be held on the electronic portal on 10/30/2019, at 10am. Consultation of the notice and addenda containing the rules and requirements for the processing of the Electronic International Auction will be made at the portal http://www.petronect.com.br. Visit: http://www.in.gov.br/web/dou/-/aviso-de-licitacao-leilao-eletronico-n-5900.003.2019-219201151
Oct 01, 2019 Modec will define, in the coming months, the shipyards from abroad and from Brazil that will work on the Buzios FPSO, which will operate for Petrobras in the Santos cluster in 2021. The project should follow the company's previous platform construction model, with hull conversion in Asia and part of module manufacturing... Continue Reading →
September 30, 2019 Petróleo Brasileiro S.A. - Petrobras reports that it signed today with the company Central Resources do Brasil Produção de Petróleo Ltda. contracts for the sale of all its stake in the onshore fields of Ponta do Mel and Redonda, located in the state of Rio Grande do Norte. The sale amount is... Continue Reading →
September 30, 2019 Petróleo Brasileiro S.A. - Petrobras reports that it has started the opportunity disclosure stage (Teaser) regarding the sale of the totality of its interests in eight onshore exploratory blocks located in the Recôncavo Basin, State of Bahia. The attached Teaser, which contains key asset information and eligibility criteria for selection of potential... Continue Reading →
Brazil Energy Insight 