Petrobras clarifies on Liquigás divestment

Rio de Janeiro, July 5, 2019 - Petróleo Brasileiro SA - Petrobras, in relation to the news published in the media, regarding the sale of Liquigás Distribuidora SA, clarifies that this divestment project is in the binding phase, as disclosed to the market in June 20, 2019. In the previous phase of the project, Petrobras... Continue Reading →

Subsea works at Gato do Mato progressing – Shell

July 3, 2019 Shell is expected to receive pre-FEED (pre-pre-detail engineering) pre-FEED (Risers, Umbilicals and Flowlines Submarine) and SPS (Underwater Production System) pre-FEED for the Gato do Mato project in the pre- of the Santos Basin. The oil company passed the suppliers two scenarios, one with three wells and one with four wells. The scope... Continue Reading →

Petrobras announces start of non-binding phase for the sale of onshore fields of Recôncavo Cluster

Rio de Janeiro, July 3, 2019 - Petróleo Brasileiro S.A. – Petrobras, following up on the release dated 06/03/2019, announces the beginning of the non-binding phase related to the sale of its total equity interest in 14 onshore exploration and production concessions, located in Bahia state, jointly designated as Recôncavo Cluster. Interested parties qualified for... Continue Reading →

Refining off the radar of the big oil companies

July 1, 2019 The process of selling part of Petrobras' refineries should not attract the interest of big oil companies, but rather of fuel distributors and refining operators. The opinion was presented by the deputy minister and former Minister of Mines and Energy of the government Michel Temer, Fernando Coelho Filho (DEM-PE), during an event... Continue Reading →

Petrobras announces commencement of cash tender offers

July 1, 2019 – Petróleo Brasileiro S.A. – Petrobras (“Petrobras”) (NYSE: PBR) announces that its wholly-owned subsidiary, Petrobras Global Finance B.V. (“PGF”), has commenced cash tender offers to repurchase certain of its outstanding U.S. Dollar-, Euro- and Pound Sterling-denominated notes (the “Tender Offers”). Continue reading

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