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July 24, 2019 Another important pre-salt project is starting to move forward. Petrobras recently published the call for charter for the FPSO to be used in Itapu, in the Transfer of Rights area. Bid opening is scheduled for December 22 this year and international bidding will be by closed envelop mode. The charter agreement will... Continue Reading →
Rio de Janeiro, July 24, 2019 - Petróleo Brasileiro S.A. - Petrobras reports that the Administrative Board of Tax Appeals (CARF) issued today an unfavorable decision on an administrative tax proceeding which deals with the collection of CIDE - Import tax regarding remittances abroad for the payment of charter contracts in the calendar year of... Continue Reading →
July 24, 2019 Petróleo Brasileiro S.A. - Petrobras announces that today it signed two contracts for the sale of upstream assets in shallow waters in Campos and Santos Basins, in the total amount of US$ 1.5 billion (about R$ 5.7 billion). The transactions refer to: the sale of 100% of its interest in the Pampo... Continue Reading →
Petrobras approves Debentures Public Offering — Rio de Janeiro, July 23, 2019 - Petróleo Brasileiro SA - Petrobras, in compliance with the provisions of Instruction no. 358 of January 3, 2002, issued by the Securities and Exchange Commission of Brazil ("CVM"), hereby informs that the Board of Directors, in a meeting held today, approved the... Continue Reading →
Rio de Janeiro, July 23, 2019 - Petróleo Brasileiro S.A. - Petrobras announced today the pricing of the secondary public offering of shares of Petrobras Distribuidora S.A. (“BR Distribuidora”). Petrobras’s Board of Directors approved today the sale of 349,500,000 shares in BR Distribuidora, including 58,250,000 additional shares as part of Petrobras’s option to increase the... Continue Reading →
July 23, 2019 Petrobras has launched the tender documents for the chartering of the Itapu and Mero 3 FPSOs, Santos Basin production systems designed to go into production in 2023 and 2024, respectively. As in the previous cases of Libra production units, Mero 3 is conducted under the letter of invitation regime. Petrobras demands an... Continue Reading →
Rio de Janeiro, July 23, 2019 - Petróleo Brasileiro S.A. - Petrobras reports that the Administrative Board of Tax Appeals (CARF) issued today an unfavorable decision on an administrative tax proceeding in the amount of about R$ 5.22 billion, which deals with the collection of PIS/COFINS - Import tax regarding remittances abroad for the payment... Continue Reading →
July 22, 2019 Operators are expected to drill approximately 250 development wells by 2020, a quarter of which (65) in the Santos Basin, according to ANP projections. The other basins with development commitments planned for next year are Potiguar (53), Sergipe (46), Campos (41), Espírito Santo (29), Recôncavo (13), Parnaíba (3) and from Alagoas (3).... Continue Reading →
The Brazilian offshore drilling firm Constellation has been awarded three new contracts with Petrobras for its offshore drilling rigs. Constellation said Monday that Petrobras had hired its three ultra-deepwater semi-submersible drilling rigs Alpha Star, Gold Star, and Lone Star. The contracts are for two years each. All three rigs entered service in the 2010-2011 period.... Continue Reading →
The Enchova and Pampo clusters include ten fields, but not all produce Trident Energy has submitted the best offer of US $ 1 billion for the acquisition of the fields that encompass the Enchova and Pampo clusters in the shallow waters of the Campos Basin. This is the third time Petrobras has tendered the areas.... Continue Reading →
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