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July 10, 2019 With the increase in pre-salt production, the oil companies are preparing to raise their exports. The National Petroleum Agency (ANP) estimates that shipments of crude oil abroad can more than triple by 2030. In this scenario, companies in the industry move in search of logistics options to facilitate the flow of production... Continue Reading →
July 9, 2019 The board of Petrobras will appreciate, this week, the contracting of six drilling rigs for its portfolio with capacity for operation in 2 thousand m of water depth. The new charters, which include three Constellation equipment (Alpha Star, Gold Star and Amaralina Star), one from Ocyan (Norbe VI) and two from Petroserv... Continue Reading →
RIO DE JANEIRO, BRAZIL – July 8, 2019 – Petróleo Brasileiro S.A. – Petrobras (“Petrobras”) (NYSE: PBR) today announced the expiration and expiration date results of the previously announced offers to purchase (the “Offers”) by its wholly-owned subsidiary Petrobras Global Finance B.V. (“PGF”), of any and all of its outstanding notes set forth in the... Continue Reading →
Rio de Janeiro, July 8, 2019 - Petróleo Brasileiro S.A. - Petrobras reports that it signed an Agreement with the Administrative Council for Economic Defense (CADE), which consolidates understandings between the parties on the promotion of competition in the natural gas industry in Brazil, including the sale of shareholdings in companies operating thereof. The purpose... Continue Reading →
July 8, 2019 Having worked meticulously with Petrobras for years, suppliers in Norway and their hub of sub-suppliers are again gaining large bulk orders from Brazil, as the country’s unexplored reserves compel the national oil company to buy - and borrow - Norwegian. About 15 years after Norwegian suppliers installed Brazilian deepwater research facilities and... Continue Reading →
July 8, 2019 Petrobras will launch notices for the charter of Mero 3, Itapu and Sergipe-Alagoas FPSOs by the end of the year, leaving the Mero 4 process to begin in 2020. The bidding schedule for the new units was confirmed to BE Petroleo by a source of the oil company. The first will be... Continue Reading →
Rio de Janeiro, July 8, 2019 - Petróleo Brasileiro S.A. - Petrobras reports that it has started the opportunity disclosure stage (teaser), related to the sale of all its stakes in four onshore fields, including the shared outflow and production treatment facilities, located in Bahia, jointly known as Tucano Sul Cluster. Petrobras is the operator... Continue Reading →
Petrobras is splitting its petroleum trading unit into a division for domestic markets and another for international markets. “The change aims to align Petrobras with movements in the sector and bring more synergies, innovation and agility to its trading unit,” Petroleo Brasileiro SA, as the Brazilian state-controlled oil producer is officially known, said in an emailed... Continue Reading →
July 5, 2019 – Petroleo Brasileiro S.A. - Petrobras informs that its Chief Governance and Compliance Executive Officer, Rafael Mendes Gomes, presented his resignation from the position, for personal reasons. Petrobras will initiate a selection process to choose the new Officer who, according to the company's governance rules, must be elected by the Board of... Continue Reading →
July 5, 2019 Petrobras produced between April and June about 190,000 cubic meters of low sulfur marine fuel, known as Bunker 2020, meeting a new international rule to reduce the emission of pollutants by ships. The production took place at six refineries, including that of Abreu e Lima (RNEST) in Pernambuco, which sold its first... Continue Reading →
Brazil Energy Insight 