Rio de Janeiro, December 14, 2017 - Petróleo Brasileiro S.A. – Petrobras reports that CVM accepted today the registration of the public offering of secondary distribution of shares for Petrobras Distribuidora S.A. (“Offering”) to be held in Brazil, in the non-organized over-the-counter market, pursuant to CVM Instruction 400, of December 29, 2003 and other applicable... Continue Reading →
Solstad Farstad finds work for two vessels
Norwegian shipping company Solstad Farstad has won work for two of its vessels with Norway’s Aker BP and Brazil’s Petrobras. According to its Oslo Stock Exchange filing on Wednesday, Solstad Farstad has entered into a contract for the platform supply vessel (PSV) Far Solitaire with Aker BP. The contract is for a period of three months firm... Continue Reading →
Keppel wins work on Petrobras FPSO and Eni FLNG
Singapore’s Keppel Offshore & Marine (Keppel O&M) has secured projects from repeat customers Petrobras and SOFEC worth a combined value of approximately S$130 million ($96.2M). The projects were secured through Keppel O&M’s wholly-owned subsidiaries, Keppel FELS Brasil S.A. and Keppel Shipyard Ltd, the company said on Monday. Read more
Petrobras eyes adjustments in fuel pricing to fight importers
Brazil’s state-controlled oil company Petrobras could make more adjustments to its fuel pricing policy as a way to better fight fuel importers for market share, its executive manager for fuel sales said on Friday. Read more
Petrobras – Review of the LPG price readjustment methodology for residential use
Rio de Janeiro, December 7, 2017 - Petróleo Brasileiro S.A. – Petrobras reports that its Executive Group of Market and Prices (GEMP) has decided to review the methodology that has been applied to the price readjustments of LPG for residential use, sold in cylinders of 13 kg. The methodology to be defined will seek to... Continue Reading →
NTN GAS PIPELINE NETWORK PURCHASE PROPOSALS TO BE DELIVERED NEXT WEEK
The proposals for the purchase of 90% of the network of more than 3 thousand kilometers of pipelines in the Northeast, NTN, are scheduled for next Tuesday. This network the transports and stores natural gas for the north and northeast of Brazil. Petrobras expects to raise at least U$ 6 billion from this sale.... Continue Reading →
Petrobras receives more than R$ 650 million recovered by Operation Car Wash
Rio de Janeiro, December 7, 2017 - Petróleo Brasileiro S.A. – Petrobras reports that it has received the return of about R$ 654 million through cooperation agreements concluded with individuals and legal entities within the scope of the Car Wash Operation. With this return, the total amount of resources transferred to Petrobras since the beginning... Continue Reading →
Total is the first private pre-salt production operator
December 7, 2017 The ANP board approved the transfer of 35% of Petrobras' stake and the operation of the Lapa field, in the pre-salt Santos Basin, to Total. The agency's board decided to segregate the Lapa development area into a new concession agreement. The acquisition of 35% of the field of Lapa is part of... Continue Reading →
Worker dies aboard Petrobras 10000 drillship in Gulf of Mexico
A worker died in an incident aboard the Petrobras 10000 drillship in the U.S. Gulf of Mexico last week. Brazilian oil company Petrobras said the crewmember passed away early Saturday, December 2, 2017, “as a result of an incident. Read more
Pre-payment of debt and New Financing with China Development Bank
Rio de Janeiro, December 5, 2017 – Petróleo Brasileiro S.A. – Petrobras informs that it has signed yesterday with China Development Bank (CDB) a financing agreement of US$ 5 billion with maturity in 2027. On the same date, Petrobras also signed a commercial agreement with Unipec Asia Company, establishing a preferential supply of 100 thousand... Continue Reading →
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