Rio de Janeiro, Brazil – May 23, 2017 – Petróleo Brasileiro S.A. – Petrobras (“Petrobras”) (NYSE: PBR) announces that its wholly-owned subsidiary Petrobras Global Finance B.V. (“PGF”) has delivered notices of redemption to the holders of the outstanding 2.750% Global Notes due 2018 (“2.750% Notes”), 5.875% Global Notes due 2018 (“5.875% Notes”) and 4.875% Global... Continue Reading →
Greenpeace says Total underestimated drilling risks near Amazon reef
French oil and gas company Total and other energy majors should abandon plans to drill close to the mouth of Brazil's Amazon because of potential risks to the ecosystem of the area, environmental campaigner Greenpeace said on Wednesday. Greenpeace said an analysis of Total's environmental assessment of its planned drilling, underestimated the risks of drilling... Continue Reading →
Sale of Juruá Field in Solimões Basin: Disclosure of the Teaser
Río de Janeiro, May 22, 2017 – Petróleo Brasileiro S.A. – Petrobras informs that it has started the disclosure phase of the Teaser regarding the transfer of Petrobras’ stake in the Juruá Field, in the Solimões Basin. In this project, Petrobras offers 100% of the stake in the Juruá Field (Concession Juruá), located in Amazonas... Continue Reading →
Petrobras – Pre-payment of bank debt and new financing
Rio de Janeiro, May 23, 2017 - Petróleo Brasileiro S.A. – Petrobras reports that has executed the pre-payment of a debt with Citibank, N.A. in the amount of US$ 500 million and maturity in 2017 and 2018. Petrobras executed simultaneously with this institution a new funding in the same amount, with maturity in 2022 and... Continue Reading →
Petrobras Issues US$ 4 billion in Global Notes
Rio de Janeiro, May 22, 2017 – Petróleo Brasileiro S.A. - Petrobras announces that it has closed today a US$ 4 billion issuance of 2022, 2027 and 2044 notes in the international capital markets. The notes were reopened by Petrobras’ wholly-owned subsidiary Petrobras Global Finance B.V. (“PGF”) and constitute general senior unsecured and unsubordinated obligations... Continue Reading →
ANP CANCELS NEW REVIEW OF THE PAPA-TERRA DEVELOPMENT PLAN
May 19th, 2017 The National Petroleum Agency (ANP) has released Petrobras to present a new revision of the Papa-Terra Field Development Plan in the Campos Basin. Initially, the state company had until July 31 to present the review, which should encompass the updating of the geological and simulation models, as well as the presentation of... Continue Reading →
Petrobras – Reduction of Significant Shareholding Interest
Rio de Janeiro, May 19, 2017 – Petróleo Brasileiro S.A. – Petrobras, in compliance with article 12 of CVM Instruction no. 358, dated of 1/3/2002, informs that it was notified by BlackRock, Inc. ("BlackRock") that the latter has sold preferred shares issued by the company, and as of May 18, 2017 it manages shareholding interest... Continue Reading →
Libra Platform arrives in Brazil; First oil in TLD is planned for July
The FPSO Pioneiro de Libra that is expected to start producing oil in July on a Long Term Test (TLD) in one of the largest deposits in Brazil, arrived in the Brazilian territory on Wednesday night, OOGTK said. The arrival of the FPSO, a type of ship used by the oil industry for production, storage... Continue Reading →
Petrobras – Production of oil and natural gas in April
Rio de Janeiro, May 17, 2017 – Petróleo Brasileiro S.A. – Petrobras informs that its total production of oil and natural gas in April was 2.72 million barrels of oil equivalent per day (boed), of which 2.60 million boed produced in Brazil and 120,000 boed produced abroad. The average oil production in the country was... Continue Reading →
Petrobras – Beginning of the production of platform P-66 at Lula Field, in the Santos Basin pre-salt
Rio de Janeiro, May 17, 2017 – Petróleo Brasileiro S.A. – Petrobras and its partners in the BM-S-11 Consortium started today the production of oil and natural gas in the area of Lula Sul, at the Santos Basin pre-salt, through platform P-66, first FPSO owned by the consortium and seventh unit of Lula field. Located... Continue Reading →
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