Brought to you by Quest Offshore & Southern Cone Consultants
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 →
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 →
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 →
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 →
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 →
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 →
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 →
September 10, 2019 Petróleo Brasileiro S.A. - Petrobras, following up on the release dated 03/08/2019, reports that it has concluded today the sale of its 70% interest in the Maromba field, located in shallow waters in the Campos Basin, to BW Offshore Production do Brasil Ltda. (“BWO”). The transaction was completed with the payment of... Continue Reading →
Sept 9/2019 Petrobras (NYSE: PBR) announces that its wholly-owned subsidiary, Petrobras Global Finance B.V. (“PGF”), has commenced two concurrent liability management transactions to purchase or exchange, as applicable, seven series of PGF’s outstanding notes (the “Offers”). The Offers will expire at 5:00 p.m. (New York City time) on September 13, 2019 (such date and time... Continue Reading →
Sept 9, 2019 Oil and natural gas production at the Berbigão and Sururu fields in the Santos Basin will be inaugurated by the end of the year, according to Márcio Naumann, Valongo's Petrobras Operational Support manager. The extraction will be done by the P-68 FPSO platform for extracting, storing and transporting which is at the... Continue Reading →
