September 16, 2019 Petróleo Brasileiro S.A. - Petrobras reports that the P-68 platform left today the Jurong Aracruz Shipyard, heading to the Berbigão and Sururu fields, in the Santos Basin pre-salt. Production of these fields is expected to begin in the fourth quarter of 2019. In line with its 2019-2023 Business and Management Plan, P-68... Continue Reading →
Petrobras announces staff plan for employees allocated to assets/units in divestment process
Sept 13, 2019 Petrobras informs that it has approved a staff plan for employees allocated to assets/units in divestment process, which provides for three tools: Internal Recruitment, Termination by Mutual Agreement Procedure (PDA) and a Specific Voluntary Severance Program (PDV). The staff plan will be presented to the employees at the beginning of the binding... Continue Reading →
Petrobras discloses teaser for the sale of onshore fields in Amazonas
September 13, 2019 Petróleo Brasileiro S.A. - Petrobras reports that it has started the opportunity disclosure stage (Teaser), regarding the sale of its interests in two onshore concessions, including outflow facilities, denominated Cupiúba and Carapanaúba Cluster, located in the state of Amazonas. The Teaser, which contains key asset information and eligibility criteria for selection of... Continue Reading →
ANP approves sale of Petrobras fields to Perenco
Sept 13, 2019 The Agency (ANP) approved the Petrobras sale of Carapeba, Pargo and Vermelho fields, in the Campos Basin to Perenco. The deal, signed in November last year, was closed for $ 370 million, with 20% ($ 74 million) paid at the time. The remainder will be paid upon closing of the transaction, considering... Continue Reading →
Petrobras releases teasers for the sale of REGAP, REMAN, LUBNOR and SIX
September 13, 2019 Petróleo Brasileiro S.A. - Petrobras, following up on the releases disclosed on April 26, 2019 and June 28, 2019, reports the beginning of the opportunity disclosure stage (teasers) regarding the second phase of sale processes of downstream assets and associated logistics in Brazil, which includes: Gabriel Passos Refinery (REGAP) in Minas... Continue Reading →
Petrobras reports revocation of the Debentures Public Offering suspension
September 12, 2019 Petróleo Brasileiro S.A. - Petrobras, in addition to the Notice to the Market issued on August 16, 2019 and the release disclosed on August 30, 2019, reports that it received today the Official Letter No. 441/2019/CVM/SRE/GER-2, by which CVM revokes the suspension of the company's public offering of debentures (7th issue), effective... Continue Reading →
Offshore Routes 1, 2 and 3 to go public
September 12, 2019 Petrobras formulates sales models for the pre-salt pipelines with partners, scheduling operation for 2020 Petrobras is preparing an unprecedented operation to reduce its stake in the Route 1, Route 2 and Route 3 pipelines, which are responsible for interconnecting the Santos cluster fields to the coast of Rio de Janeiro and São... Continue Reading →
Solstad Offshore in double win in Brazil
Norwegian offshore vessel owner Solstad Offshore has been awarded contract extensions for two of its anchor handlers in Brazil. Solstad said on Thursday that Petrobras had declared its options to extend the contracts for the two AHTS vessels, Far Scout and Far Santana, with one year. Both contracts are then firm to the third quarter... Continue Reading →
Approval of Production Individualization Agreements for the Atapu and Sépia accumulations in the Santos Basin
September 11, 2019 Petróleo Brasileiro S.A. - Petrobras informs that it was notified by the National Agency of Petroleum, Natural Gas and Biofuels (ANP) on the approval of the Production Individualization Agreement of Atapu and Sépia accumulations, located in the Santos Basin. The Agreement is celebrated in situations where the reservoirs extend beyond the areas... Continue Reading →
Weatherford signs $87 million fishing, intervention contract with Petrobras
Sept 10, 2019 Weatherford announced the signing of an $87 million contract for fishing and intervention services with Petrobras. The four-year agreement represents the largest fishing contract ever signed by Weatherford. It also constitutes the largest single global award for this scope in the recent past. "Weatherford is the global leader for fishing and intervention... Continue Reading →