25.10.2017 - 23:51:54 Petrobras eyes second Libra charter Petrobras eyes second Libra charter. Brazilian state player to launch tender early next year for Libra 2 floater
Petrobras Accession to non-Tax Debt Settlement Program (PRD)
Rio de Janeiro, October 25, 2017 – Petróleo Brasileiro S.A. – Petrobras reports that its Board of Directors approved today accession to the non-Tax Debt Settlement Program (Programa de Regularização de Débitos não Tributários, "PRD"), according to Law no. 13.494, of October 24, 2017. PRD allows the inclusion of government take debts with the National... Continue Reading →
Petrobras Sale of Assets in Paraguay: Start of the binding phase
Rio de Janeiro, October 26, 2017 - Petróleo Brasileiro S.A. – Petrobras, further to the press release disclosed on 08/14/2017, informs the start of the binding phase regarding the sale process of its assets in Paraguay. At this stage of the project, the invitation letters are issued to interested parties qualified in the previous phase,... Continue Reading →
Offshore Technology Conference Brazil: Petrobras focus on its strengths | Pedro Parente | Rio de Janeiro
See attached OTC Brasil 2017 presentation by Petrobras CEO, Pedro Parente. OTC Brasil 2017 - Pedro Parente
Petrobras – Decision by the Federal Regional Court of the 2nd Region concerning the withholding income tax on remittances for platform charter payments
Rio de Janeiro, October 23, 2017 - Petróleo Brasileiro S.A. – Petrobras informs that, in a trial held on October 19, 2017, the Third Class of the Federal Regional Court of the 2nd Region rendered an unfavorable decision to the company, considering that the remittances for payment of chartering of mobile oil platforms, from 1999... Continue Reading →
Petrobras – Sale of 90% equity interest in TAG: Start of the non-binding phase
Rio de Janeiro, October 23, 2017 - Petróleo Brasileiro S.A. – Petrobras, further to the Material Fact disclosed on 9/5/2017, informs the start of the non-binding phase regarding the sale process of 90% of its stake in Transportadora Associada de Gás S.A. ("TAG"), a wholly-owned Petrobras subsidiary. At this stage of the project, the descriptive... Continue Reading →
Decree excludes equity stakes held by Petrobras from PND
Rio de Janeiro, October 20, 2017 - Petróleo Brasileiro S.A. – Petrobras informs that Decree no. 9,173, of 10/18/2017, has been issued, excluding the minority equity stakes held by Petrobras in Deten Química S.A. and Braskem S.A. from the National Privatization Program (Programa Nacional de Desestatização, PND), as published in the Official Federal Gazette yesterday.... Continue Reading →
Petrobras – Favorable decision by CARF concerning the deductibility of production development expenditures for purposes of IRPJ and CSLL assessment
Rio de Janeiro, October 19, 2017 – Petróleo Brasileiro S.A. - Petrobras informs that the Administrative Board of Tax Appeals (CARF) issued yesterday a decision, unanimously, in favor of the company, in an fiscal administrative proceeding in the amount of R$ 7.8 billion, related to the moment of deductibility of expenses incurred by Petrobras in... Continue Reading →
Petrobras – Contracting of FPSO for Sepia field
Rio de Janeiro, October 19, 2017 - Petróleo Brasileiro S.A. – Petrobras informs that on October 13, 2017 it signed a contract with Modec Group to charter a FPSO platform (a unit that produces, stores and transfers oil and gas) to be used in the Sepia field development project, derived from the Transfer of Rights... Continue Reading →
FairfieldNodal sets sail for deeper waters to acquire data for Libra consortium
SUGAR LAND, Texas -- FairfieldNodal’s project to acquire and process high-resolution 3D marine seismic for the Libra consortium has left port for deeper waters to begin work. This consortium is led by Petrobras, and includes Total SA, Royal Dutch Shell Plc, China National Petroleum Corp and CNOOC. The Libra project, FairfieldNodal’s first such project offshore... Continue Reading →
Brazil Energy Insight 