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September 26, 2019 Petróleo Brasileiro S.A. – Petrobras reports that it has approved a new Voluntary Severance Program (“PDV”) exclusively for employees working in the company’s corporate segment. The initiative is part of the ongoing effort to make the company more sustainable with an efficient staff management. This is the third PDV offered this year... Continue Reading →
September 26, 2019 - Petróleo Brasileiro S.A. - Petrobras reports that the Board of Directors, in a meeting held yesterday, elected, effective 10/01/2019, Mr. Nicolás Simone for the role of Digital Transformation and Innovation Executive Officer, a new area of the Company that will be deployed after the General Shareholders Meeting to be held on... Continue Reading →
September 26, 201 Petróleo Brasileiro S.A. - Petrobras reports that its Board of Directors approved, at a meeting held yesterday, the update of the Vision, Purpose and Strategies for the new 2020-2024 plan, which is currently being prepared. Petrobras' new vision is to be the best energy company in generating value for the shareholder, with... Continue Reading →
September 25, 2019 Petróleo Brasileiro S.A. - Petrobras, following the press release issued on July 23, 2019, reports that the bookbuilding procedure of the 7th (seventh) issuance of simple, non-convertible, unsecured debentures (“Debentures”), in up to 3 (three) series, for placement under best efforts, pursuant to CVM Instruction no. 400 of December 29, 2003, as... Continue Reading →
Sept 24, 2019 Petrobras will auction again, this year, the drillship Vitória 10,000. A committee of oil and property supply professionals has been working since last week to define the new market-going strategy, with a minimum price below the $ 47.5 million asked in the first attempt. The rig went up for auction on September... Continue Reading →
September 23, 2019 Petróleo Brasileiro S.A. – Petrobras reports that platform P-50, located in the Campos Basin, in the Albacora Leste field, had its production preemptively halted on Sunday night, due to the disruption of the mooring of the anchor system. Anchored by another 15 moorings, the platform is stable and safe, offering no risk... Continue Reading →
Sept 23, 2019 Petrobras looks at opportunities to become a gas exporter, says Petrobras' institutional relations director Roberto Ardenghy, the company sees potential to become a liquefied natural gas (LNG) exporter in the future. Today, Brazil is an importer of this product. The executive stressed that the state-owned company expects a “very large” increase in production... Continue Reading →
Sept 23, 2019 In October, Petrobras will sign the charter contracts for the Marlim and Parque das Baleias FPSOs. Sources have confirmed to PetroleoHoje that the oil company concluded negotiations with newcomer Yinson and Modec a little less than two weeks ago and that the formalization of operations depends only on internal procedures. Both Modec... Continue Reading →
September 20, 2019 Petróleo Brasileiro S.A. - Petrobras reports that today it entered into a Cession Agreement of Credit Rights, allowing the advance of about R$ 8.4 billion of receivables from Eletrobras, recognized in the Debt Assumption Agreements (IADs) referring to the totality of the debts confessed in 2014 by the Eletrobras Group, with original... Continue Reading →
The environmental, ethical and economic dimensions of the procurement and supply chain logistics processes were evaluated. Petrobras is the first company to obtain the Association for Supply Chain Management (ASCM) certification for environmental, ethical and economic excellence in the procurement and supply chain of goods and services. ASCM, with more than 45,000 members in 100... Continue Reading →
