Petrobras is splitting its petroleum trading unit into a division for domestic markets and another for international markets. “The change aims to align Petrobras with movements in the sector and bring more synergies, innovation and agility to its trading unit,” Petroleo Brasileiro SA, as the Brazilian state-controlled oil producer is officially known, said in an emailed... Continue Reading →
Petrobras informs the resignation of Chief Governance and Compliance Executive Officer
July 5, 2019 – Petroleo Brasileiro S.A. - Petrobras informs that its Chief Governance and Compliance Executive Officer, Rafael Mendes Gomes, presented his resignation from the position, for personal reasons. Petrobras will initiate a selection process to choose the new Officer who, according to the company's governance rules, must be elected by the Board of... Continue Reading →
Petrobras produces 190,000 cubic meters of marine fuel with lower sulfur content in the second quarter
July 5, 2019 Petrobras produced between April and June about 190,000 cubic meters of low sulfur marine fuel, known as Bunker 2020, meeting a new international rule to reduce the emission of pollutants by ships. The production took place at six refineries, including that of Abreu e Lima (RNEST) in Pernambuco, which sold its first... Continue Reading →
Petrobras to tender geophysical services
July 5, 2019 Petrobras has launched a tender to contract high-resolution geophysical data acquisition and processing services in the Campos, Santos and Espírito Santo basins. The scope is divided into two programs. One of them involves the monitoring of the Mexilhão and Rota 3 pipelines, in the Santos Basin; Camarupim, in Espírito Santo; and Route... Continue Reading →
BM-S-11 Partners Approve drillship Laguna Star
June 5, 2019 Petrobras signs until the end of this month the charter agreement for the Laguna Star drillship, which will operate exclusively for the BM-S-11 project in the Santos Basin cluster. The directors of Shell and Petrogal - partners of the Brazilian oil company in the BM-S-11 consortium - have approved the contracting of... Continue Reading →
Petrobras to anticipate exploration of discovery in Sergipe
July 5, 2019 Petrobras will anticipate the declaration of commerciality of Moita Bonita, in deep waters of Sergipe, where it made giant discoveries of natural gas. The ANP board approved the inclusion of a new well in Moita Bonita's discovery assessment plan (PAD) and the change of deadline for December 1 of this year. The... Continue Reading →
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 →
Petrobras announces teaser for sale of E&P assets in the Espirito Santo Basin
Rio de Janeiro, July 5, 2019 - Petróleo Brasileiro S.A. - Petrobras reports that it has started the opportunity disclosure stage (teaser), related to the sale of its entire working interest in Peroá and Cangoá production fields and in the concession BM-ES-21 (Malombe discovery appraisal plan), located in the Espírito Santo Basin, including the shared... Continue Reading →
Petrobras informs about payment of Interest on Capital
Rio de Janeiro, July 05, 2019 - Petróleo Brasileiro S.A. - Petrobras informs that in connection to the press released of May 7th, 2019 is paying today Interest on Capital (IOC), as defined in art. 9, sole paragraph of its Bylaws. The gross value to be distributed, totaling R$ 1,304,420,126.10, corresponds to a gross amount... Continue Reading →
Prosafe takes delivery of Safe Eurus flotel bound for Brazil
Offshore accommodation rigs operator Prosafe has taken delivery of its newbuild unit Safe Eurus from a shipyard in China. Built by China’s COSCO, the Safe Eurus is an advanced and flexible accommodation rig for worldwide operations, excluding Norway. Prosafe said on Thursday that the Safe Eurus will shortly begin mobilization to Brazil to start its... Continue Reading →