See attached 3Q, 2017 Financial Statements in USD and Results Announcement Petrobras 3Q 2017 Financial Statements Petrobras 3Q 2017 Results Annoucement
Petrobras – 3Q 2017 results
Rio de Janeiro - November 13th, 2017 - JAN-SEP OF 2017 RESULTS - Derived from consolidated interim financial information reviewed by independent auditors, prepared in accordance with International Financial Reporting Standards - IFRS. Net income R$ 0.266 billion Production 2.776 Mbbl/d Adjusted EBITDA R$ 63.6 million Main highlights Main financial highlights Net Income of R$... Continue Reading →
15th Bidding round will take place on March 29, 2018; and the 4th round of bids of the pre-salt, on June 7, 2018
Thursday, 09 November 2017 17:12 The National Energy Policy Council (CNPE) approved on Thursday, in an extraordinary meeting, the holding of the 15th Round of Bids for Exploratory Blocks, under the concession regime, on March 29, 2018, and the 4th Round of Bids, under the production sharing regime, on June 7, 2018. In the 15th... Continue Reading →
Petrobras Revision of the Transfer of Rights Agreement – Negotiation Committee
Rio de Janeiro, November 8, 2017 - Petróleo Brasileiro S.A. – Petrobras reports that it has created an internal committee to negotiate the Revision of the Transfer of Rights Agreement with representatives of the Federal Government (Ministry of Mines and Energy, Ministry of Finance, and National Agency of Petroleum, Natural Gas and Biofuels - ANP).... Continue Reading →
Brazil’s Petrobras says court lifted injunction blocking stake sales to Total
NOVEMBER 7, 2017 / 9:45 AM / Reuters Staff SAO PAULO (Reuters) - Brazil’s state-run oil company Petroleo Brasileiro SA (PETR4.SA) said a federal court lifted an injunction related to the sale of its stakes in projects on the Iara and Lapa oil exploration areas, according to a statement on Tuesday. The injunction was blocking... Continue Reading →
Sale of 100% equity interest in Petrobras Oil & Gas B.V.: Opportunity Disclosure – Teaser
Rio de Janeiro, November 7, 2017 – Petróleo Brasileiro S.A. – Petrobras informs that it has initiated the opportunity disclosure stage (“Teaser”) related to the sale of 100% equity interest in Petrobras Oil & Gas B.V. (“POGBV”), a joint venture formed by Petrobras (50%), BTG Pactual E&P B.V. (40%) and Helios Investment Partners (10%). Petrobras... Continue Reading →
Reuters: Petrobras asks Odebrecht to stop drillship operation after fatal accident
Brazilian oil company Petrobras has reportedly asked offshore drilling contractor Odebrecht to stop operations of the Norbe VIII drillship, on which three workers died in June after an explosion. According to a Reuters report on Tuesday, Petrobras carried out an investigation into the causes of the accident that happened on the Marlim field in June.... Continue Reading →
Developments in the class action filed against Petrobras
Rio de Janeiro, November 6, 2017 – Petróleo Brasileiro S.A. – Petrobras reports that on November 3, 2017, the United States Court of Appeals for the Second Circuit (“Second Circuit”) granted Petrobras’s motion to stay the issuance of the mandate pending the filing of a petition for certiorari. On November 1, 2017, the Company filed... Continue Reading →
Petrobras Prepayment of bank debts, renegotiation and new financing
Rio de Janeiro, November 6, 2017 - Petróleo Brasileiro S.A. – Petrobras reports that it has executed debt prepayment (US$ 1.28 billion), renegotiation of existing debt (US$ 1.6 billion) and new financing operation (US$ 300 million), according to the tables below. The company will continue to assess new prepayment and funding opportunities pursuant to its... Continue Reading →
Petrobras Revision of the Transfer of Rights Agreement – Surplus Volumes
Rio de Janeiro, November 6, 2017 - Petróleo Brasileiro S.A. – Petrobras clarifies, regarding the volumes in surplus to the contracted volumes in areas under the Transfer of Rights Agreement, that: 1. The Transfer of Rights Agreement, through which Petrobras acquired the right to produce up to 5 billion barrels in pre-salt areas, was signed... Continue Reading →
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