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August 12, 2019 Petróleo Brasileiro S.A. – Petrobras reports that today it has prepaid the Term of Financial Commitment (TFC) FAT/FC (“Term”), in the amount of R$ 2.7 billion, whose maturity would be in 2028. The Term resulted from the Reciprocal Obligations Agreement (AOR) signed with Petros and various trade unions in 2006 aiming at... Continue Reading →
August 12, 2019 Petrobras has begun environmental licensing to carry out a proprietary 4D seismic data acquisition mega-campaign with Nodes and to implement a permanent monitoring system in Santos Basin pre-salt areas. The campaign will involve 11 pre-salt areas with a minimum coast distance of 146km and a depth of operation between 1,300 and 2,500m:... Continue Reading →
Aug 12, 2019 Líder Aviação and Petrobras signed the helicopter charter contracts for logistic support in the Campos, Santos and Espírito Santo basins. The aircraft will be used for air transport to offshore platforms, with scheduled start-up between this and next year. The company will supply eight large and medium-sized aircraft, five of them S92A... Continue Reading →
Aug 12, 2019 The ANP extended the exploration phase of Brasoil's FZA-M-254_R11 concession for two years, with the first exploratory period being effective until 08/02/2021, and the second exploratory period, if any, effective until 02/02/2014. 08/2024. Petrobras bids hiring up to six ROVs Petrobras has opened a bid for hiring up to six ROVs, with... Continue Reading →
Aug 9, 2019 Asset manager Vinci Partners plans to value Petrobras' gas distribution assets, company partner and chief infrastructure officer Jose Guilherme Souza said on Thursday amid government plans that will force the state oil company to scrap business in the sector. Petrobras currently owns 51% of Gaspetro, a company with a stake in 19... Continue Reading →
August 8, 2019 The changes that may be made by Petrobras to the Rio de Janeiro Petrochemical Complex project will now be licensed by the State Environmental Institute (Inea), an environmental agency of the state of Rio de Janeiro, and no longer by Ibama. The move is part of a 10-year technical cooperation agreement... Continue Reading →
August 9, 2019 - Petróleo Brasileiro S.A. Petrobras reports that today it signed an SPE with 3R Petroleum S.A., a wholly owned subsidiary of 3R Petroleum e Participações S.A., a contract for the sale of its entire working interest in a set of onshore and maritime producing fields in the Potiguar Basin, denominated Macau Cluster,... Continue Reading →
August 9, 2019 Petróleo Brasileiro SA – Petrobras announces that its General Shareholders' Meeting approved today the delisting of its common and preferred shares from Bolsas y Mercados Argentinos (BYMA) and the withdrawal from public trading in Argentina. The withdrawal from public trading still depends on the approval of the Argentine capital markets regulator. This... Continue Reading →
August 9, 2019 Petróleo Brasileiro S.A. – Petrobras informs that today it signed a Conduct Adjustment Agreement in the amount of R$ 814.5 million with the State of Rio de Janeiro, the Public Prosecution Office of Rio de Janeiro and the State Institute of Environment, to terminate a public civil action related to the environmental... Continue Reading →
August 9, 2019 Petróleo Brasileiro SA - Petrobras reports that it has started the opportunity disclosure stage (teaser) to sell its total operated working interest in 11 producing shallow waters fields located in the Campos Basin, jointly called Garoupa Cluster, including the production facilities and pipelines to Barra do Furado. The Garoupa Cluster comprises the... Continue Reading →
Brazil Energy Insight 