In September, police investigating a wave of killings in the northern Rio de Janeiro suburbs followed a tip to the isolated scrubland near the massive Duque de Caxias oil refinery. Police presumed the killings were linked to turf battles between criminal gangs in the run-up to municipal elections the following month. They found a different... Continue Reading →
Court Rules in Favor of EIG in “Lava Jato” Corruption Scheme
Claims Against Petrobras to Proceed in D.C. Federal Court April 03, 2017 12:36 PM Eastern Daylight Time WASHINGTON--(BUSINESS WIRE)--EIG Global Energy Partners (“EIG”) today announced that the United States District Court for the District of Columbia (the “Court”) ruled in its favor in an action brought by its EIG Energy Funds XIV and XV... Continue Reading →
Court decision regarding EIG Group lawsuit
Rio de Janeiro, March 31, 2017 – Petróleo Brasileiro S.A. – Petrobras announces that, on March 30, 2017, the United States District Court for the District of Columbia granted in part Petrobras’s preliminary defense (motion to dismiss) in the lawsuit filed by funds of the EIG Group, related to its investment in Sete Brasil Participações... Continue Reading →
Petrobras – ANP’s notice on government participation in Lula Field
Rio de Janeiro, March 31st, 2017 – Petróleo Brasileiro S.A. – Petrobras informs that Consortium BM-S-11 received, on March 30th, 2017, a notice issued by the National Petroleum, Natural Gas and Biofuels Agency - ANP, regarding Lula Field, Santos Basin pre-salt, in the amount of R$ 2.6 billion. This assessment is due to divergence in... Continue Reading →
P-69 arrives in Brazil to be completed
The FPSO P-69 hull arrived on the 28/3, at the Brasfels shipyard, in Angra dos Reis (RJ). This integration site will include the installation of the modules on the hull, the interconnection of all the equipment of the platform and the commissioning of the operating systems (set of tests to verify that the systems are... Continue Reading →
FPSO Pioneiro de Libra on its way to Brazil
The FPSO owned by the 50/50 joint venture between OOG and Teekay Partners is heading to Brazil on a voyage expected to last around 65 days, ending in early June. Pioneiro de Libra will be the first to produce oil in the giant Libra Block. Since the naming of the FPSO in December of last... Continue Reading →
Petrobras restarts works for completion of the Emission Abatement Unit at RNEST refinery
Petrobras signed the work order to restart work for the completion of the Emission Abatement Unit of the Abreu e Lima Refinery (RNEST), in Pernambuco. The start-up of the unit is planned for June 2018, which will allow the operation of the first refinery train at full load. The contract for the supply of goods... Continue Reading →
Petrobras – Sale process of transfer of rights for Baúna and Tartaruga Verde
Rio de Janeiro, March 29, 2017 – Petróleo Brasileiro S.A. – Petrobras, in continuation to the material facts of 10/6/2016, 12/20/2016, and 3/15/2017 and to the press release of 11/21/2016, clarifies that it has notified the Federal Supreme Court of the impossibility to proceed with the divestment process for the transfer of rights relating to... Continue Reading →
Petrobras announces auction to sell seven drilling rigs
In line with its Strategic Plan / PNG 2017-21, which intends to reduce the company's costs, Petrobras announced that it will sell seven drilling rigs through an international auction. The units will be auctioned at a public hearing, due to take place on May 10 and interested companies have until one day before to qualify... Continue Reading →
Petrobras – Extraordinary General Meeting approved the sale of PetroquímicaSuape and Citep
Rio de Janeiro, March 27, 2017 - Petróleo Brasileiro S.A. – Petrobras, in continuation to the material fact disclosed on December 28, 2016, informs that, today, the Shareholders’ Extraordinary General Meeting approved the sale of 100% of the shares held by Petrobras in PetroquímicaSuape and Citepe to Grupo Petrotemex S.A. de C.V. and Dak Americas... Continue Reading →
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