Houston, June 14, 2017 - On Friday, February 24th Benthic Brasil Ltda., a wholly owned subsidiary of Benthic Geotech Pty Ltd, successfully completed the offshore phase of a major geotechnical site investigation on the Libra Consortium’s ultra-deepwater Libra project. Utilizing Benthic’s proprietary PROD (Portable Remotely Operated Drill) seabed founded drill rig, the fieldwork phase... Continue Reading →
Petrobras – Approval of Deputy Officer for Governance and Compliance Post
Rio de Janeiro, June 13, 2017 - Petróleo Brasileiro S.A. – Petrobras reports that its Board of Directors approved, in a meeting held yesterday, the creation of the non-statutory position of Deputy Officer for Governance and Compliance. The measure is yet another step forward in the company’s governance system, considering that the Deputy Officer will... Continue Reading →
COMPERJ’S NATURAL GAS PROCESSING UNIT (NGPU) TENDER RESULT WILL BE ANNOUNCED IN JULY.
June 13, 2017 The result of the bidding that will complete the NGPU works of the Rio de Janeiro Petrochemical Complex (Comperj) , will be announced in July. Of the 34 foreign companies invited to participate, only four submitted proposals with the required certifications: Toyo, Fluor, Cobra and Kervi. The basic price that Petrobras has... Continue Reading →
Brazil’s Petrobras reports explosion on drill ship
Brazil's state-controlled oil company Petroleo Brasileiro SA on Friday reported an explosion on the NS 32 drill ship, which is operated by Odebrecht Óleo e Gás, a unit of Odebrecht SA, according to a statement. The explosion wounded four people, three of them with burns and one with mild injuries, according to the statement. There... Continue Reading →
Petrobras approves execution of Term Sheet with the company Andrade Gutierrez to remove provisional ban
Rio de Janeiro, June 08, 2017 - Petróleo Brasileiro S.A. – Petrobras informs that its Executive Board approved today the execution of a Term Sheet with Andrade Gutierrez, providing for a set of integrity obligations for this company, to enable the removal of the provisional ban imposed by Petrobras since December 29, 2014, as disclosed... Continue Reading →
Petrobras – Early termination of natural gas supply contract to UTE Cuiabá
Rio de Janeiro, June 8, 2017 - Petróleo Brasileiro S.A. – Petrobras informs that it notified the company Âmbar, which belongs to the J&F economic group, of the early termination of the natural gas supply contract to the thermal power plant UTE Mário Covas (UTE Cuiabá), due to the breach of the contractual clause addressing... Continue Reading →
Petrobras sets new gas pricing policy for domestic households
State-controlled oil company Petróleo Brasileiro SA introduced on Wednesday a new natural gas pricing policy that sets lower prices for smaller quantities sold in local markets. In a securities filing, Petrobras said final prices for liquefied natural gas stored in cylinders of less than 13 kilograms and sold to Brazilian households will correspond to the... Continue Reading →
PETROBRÁS CONCLUDES ADJACENT WELL IN LIBRA
June 06, 2017 Petrobras has taken an important step in its exploration in the pre-salt layer. Petrobras completed an adjacent pioneer well in Libra, in the pre-salt of the Santos Basin. Located at a water depth of 2,252 meters. The well 4BRSA1346RJS has not yet had evidence of hydrocarbons, according to data from the National... Continue Reading →
PETROBRÁS RECEIVES NEW LICENSES FOR ALBACORA FIELD PLATFORMS
JUNE 5, 2017 Petrobras has received two new operating licenses from the Brazilian Institute of Environment and Natural Resources (Ibama). The documents were issued to regulate the environmental licensing of oil and natural gas production systems in the Albacora field, in the Campos Basin. The licenses were granted for platforms P-25 and P-31, as well as... Continue Reading →
Petrobras CEO Presentation to Investors June 5, 2017
Petrobras CEO Presentation to Investors June 5, 2017 - please see attached Petrobras CEO Presentation to Investors
Brazil Energy Insight 