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Rio de Janeiro, July 11, 2019 - Petróleo Brasileiro S.A. – Petrobras, following up on the release dated 05/06/2019, announces the beginning of the non-binding phase related to the sale of its 34% stake in Compañia MEGA SA ("MEGA"), in Argentina, through its wholly-owned subsidiary Petrobras International Braspetro B.V. (“PIB BV”). Interested parties qualified for... Continue Reading →
Bolivia’s state-owned oil company YPFB plans to bid on a stake in a natural gas pipeline linking the country to Brazil to secure better terms for its gas sales there, the company said on Tuesday. YPFB intends to bid on an unidentified portion of the 51% stake that Brazil’s state-owned energy company Petroleo Brasileiro SA... Continue Reading →
Petrobras has completed the discovery plans of Quindim and Brigadeiro, deepwater prospects of the Espírito Santo Basin, at the cluster called the Parque dos Doces. They are discoveries in the post-salt made in 2011 in block ES-M-525, of the 6th round of the ANP. Petrobras has not drilled in the region since 2016. The Parque... Continue Reading →
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 →
