Rio de Janeiro, October 3rd, 2017 - Petróleo Brasileiro S.A. – Petrobras and Chevron Brasil Petróleo Ltda., further to the Material Fact disclosed on July 6, 2017, inform the start of the binding phase regarding the transfer of Petrobras and Chevron stake in the Maromba Field, in the Campos Basin. At this stage of the... Continue Reading →
Petrobras CEO Presentation Oct. 2, 2017, New York.
Petrobras CEO, Pedro Parente, presentation to investors in New York See attached presentation CEO-Presentation-Petrobras-Day-New-York-2017_0
Petrobras – Prepayment of bank debts and new financing
Rio de Janeiro, October 2, 2017 - Petróleo Brasileiro S.A. – Petrobras reports that it has executed prepayment, renegotiation and new financing operations, in the total amount of US$ 6,3 billion, according to the tables below. Additionally, the company settled a financing operation with the bank BNDES, linked to the Nitrogen Fertilizer Unit III ("UFN-III"),... Continue Reading →
Petrobras and Statoil advance on a strategic partnership to optimize the recovery of mature offshore fields
Rio de Janeiro, September 29, 2017 – Petróleo Brasileiro S.A. – Petrobras informs that it signed today the Heads of Agreement (HoA) with the Norwegian company Statoil, in continuity to the Memorandum of Understanding signed in 8/30/2016, through which the companies committed themselves to assessing cooperation opportunities aligned with their business strategies. Under this agreement,... Continue Reading →
Keppel delivers FPSO for Petrobras’ Tartaruga fields
Keppel FELS Brasil’s BrasFELS shipyard has handed over the Cidade de Campos dos Goytacazes MV29 FPSO to MODEC. The floating production storage and offloading unit left the shipyard recently for the Bananal Bay in Brazil. It will subsequently be deployed in the Petrobras-run Tartaruga Verde and Tartaruga Mestiça Fields, in the Campos Basin, located about... Continue Reading →
Petrobras – Result of the 14th Round of ANP Bidding
Rio de Janeiro, September 27, 2017 - Petróleo Brasileiro S.A. – Petrobras reports that it acquired seven blocks in the 14th Round of Bids under the Shared Production regime, held today by the National Agency of Petroleum, Natural Gas and Biofuels (ANP), six of which offshore and one onshore. The company will be the operator... Continue Reading →
Petrobras – Divestments in the Fertilizer Industry: Term Extension for Signing the Confidentiality Agreement
Rio de Janeiro, September 28, 2017 – Petróleo Brasileiro S.A. – Petrobras, in continuity to the Material Fact disclosed on 9/11/2017, informs that the deadline for signing the Confidentiality Agreement and other documents set forth in the Teaser, for access to technical, legal, and financial information relating to the divestment process of 100% stake in... Continue Reading →
Executive Office for Governance and Compliance
Rio de Janeiro, September 27, 2017 – Petróleo Brasileiro S.A. – Petrobras reports that its Board of Directors, in a meeting held today, has reinstated the Chief Governance and Compliance Executive Officer of Petrobras, João Adalberto Elek Júnior, who was temporarily removed from the post, according to the Material Fact published on August 23, 2017.... Continue Reading →
Petrobras has drawn up a strategy for Brazil oil auctions
RIO DE JANEIRO (Reuters) - Petróelo Brasileiro SA has drawn up a strategy to participate in Brazil’s three upcoming oil auctions this year, as a declining debt burden has increased the state-controlled oil producer’s firepower, Chief Executive Officer Pedro Parente said on Wednesday. Petrobras will participate in auctions in which the government will offer areas... Continue Reading →
Wilson Sons Ultratug Offshore renegotiating PSV contracts with Petrobras
Wilson Sons Ultratug Offshore could have up to eight platform supply contracts with Petrobras temporarily suspended. The company is is a joint venture between the Brazilian shipbuilding company, Wilson Sons and Chilean services provider Ultramar. According to Wilson Sons, the JV is negotiating new contract terms for up to eight Platform Supply Vessels (PSVs) currently... Continue Reading →
Brazil Energy Insight 