Brought to you by Quest Offshore & Southern Cone Consultants
Rio de Janeiro, July 15, 2019 - Petróleo Brasileiro SA - Petrobras, following up on the release dated 06/28/2019, announces the beginning of the non-binding phase related to the first phase of the sale of assets in downstream and associated logistics in Brazil, which includes the refineries Abreu e Lima (RNEST) in Pernambuco, Landulpho Alves... Continue Reading →
Petrobras has received from Ibama the license to install FPSO P-70, the first unit of the Atapu field, scheduled to begin production in 2020. Atapu is a field in the transfer of rights area, discovered in the area originally called the Entorno de Iara, and has an extension in the concession area of the BM-S-11... Continue Reading →
Rio de Janeiro, July 15, 2019 - Petróleo Brasileiro S.A. - Petrobras reports that its Board of Directors approved the appointment of Mr. Walter Mendes de Oliveira Filho for the position of member of the company's Board of Directors. The election of Mr. Walter Mendes will be submitted to the next General Shareholders' Meeting of... Continue Reading →
Rio de Janeiro, July 15, 2019 - Petróleo Brasileiro S.A. – Petrobras informs that in the scope of the competitive sale process for the sale of its entire stake in Baúna field (concession area BM-S-40), located in shallow waters in the Santos basin, Karoon Petróleo & Gás Ltda. presented the best proposal. However, in relation... Continue Reading →
Brazilian state-run oil firm Petrobras is considering an end to its participation in a program certifying good governance and limited political interference in state companies set up by the Sao Paulo stock exchange, two sources told Reuters. Chief Executive Roberto Castello Branco is pushing the possibility of exiting the Distinction in Governance Program for State-Run... Continue Reading →
July 11, 2019 Petróleo Brasileiro S.A. – Petrobras clarifies, in relation to the note published today, by columnist Ancelmo Góis, in O Globo, that the information regarding the sale project of Pampo and Enchova Clusters is not correct, especially as to the reasons that led the company to carry out a new round of proposals... Continue Reading →
July 11, 2019 Petrobras partners in the project want to anticipate exploratory activities in the block of the 4th round of production sharing The consortium formed by Petrobras, Equinor, ExxonMobil and Petrogal could anticipate the drilling of the first exploratory well in Uirapuru, the Santos Basin block from the 4th round of production sharing in... Continue Reading →
Rio de Janeiro, July 11, 2019 - Petróleo Brasileiro S.A. – Petrobras, following up on the release dated 05/06/2019, announces the beginning of the non-binding phase related to the sale of its 34% stake in Compañia MEGA SA ("MEGA"), in Argentina, through its wholly-owned subsidiary Petrobras International Braspetro B.V. (“PIB BV”). Interested parties qualified for... Continue Reading →
Bolivia’s state-owned oil company YPFB plans to bid on a stake in a natural gas pipeline linking the country to Brazil to secure better terms for its gas sales there, the company said on Tuesday. YPFB intends to bid on an unidentified portion of the 51% stake that Brazil’s state-owned energy company Petroleo Brasileiro SA... Continue Reading →
Petrobras has completed the discovery plans of Quindim and Brigadeiro, deepwater prospects of the Espírito Santo Basin, at the cluster called the Parque dos Doces. They are discoveries in the post-salt made in 2011 in block ES-M-525, of the 6th round of the ANP. Petrobras has not drilled in the region since 2016. The Parque... Continue Reading →
Brazil Energy Insight 