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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 →
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 →
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 →
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 →
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 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 →
Rio de Janeiro, September 25, 2017 – Petróleo Brasileiro S.A. – Petrobras (“Petrobras”) (NYSE: PBR) today announced the expiration and expiration date results of the previously announced offers to exchange (the “Exchange Offers”) by its wholly-owned subsidiary Petrobras Global Finance B.V. (“PGF”), relating to five series of its outstanding notes set forth in the tables... Continue Reading →
Rio de Janeiro, September 22, 2017 - Petróleo Brasileiro S.A. – Petrobras, in relation to the news published in the media about an alleged arbitration brought by minority shareholders, clarifies that it has not been notified by the Arbitration Chamber of São Paulo Stock Exchange (B3). If notified, Petrobras shall take all legal measures to... Continue Reading →
Rio de Janeiro, September 22, 2017 – Petróleo Brasileiro S.A. – Petrobras reports that it has initiated the opportunity disclosure stage (Teasers) related to the full sale of its exploration, development and production rights in five sets of onshore fields (totaling 19 concessions), located in Ceará, Rio Grande do Norte and Sergipe states, as per... Continue Reading →
Sep, 2017 Petrobrás found evidence of offshore oil in the Espírito Santo Basin. This time, the state oil company notified the National Petroleum Agency about the presence of the input in the 4BRSA1352ESS well in the Golfinho field. The discovery was made in a water depth of 1,448 meters, using the Gold Star drill... Continue Reading →
Brazil Energy Insight 