April 26, 2017 Schlumberger has won a major contract in Brazil and will provide software for exploration and production in the Libra field, as well as related services. The agreement with the consortium of Libra, formed by Petrobras, Royal Dutch Shell, Total, CNOOC and CNPC, will last five years. The contract includes the supply of... Continue Reading →
Petrobras – Annual Report on Form 20F – 2016 filed
Rio de Janeiro, April 27, 2017 - Petróleo Brasileiro S.A. – Petrobras informs that it filed its Annual Report on Form 20F for the fiscal year ended December 31, 2016 (the “2016 Annual Report”). The Form 20F is an U.S. Securities and Exchange Commission (SEC) reporting requirement and should be presented annually by all foreign... Continue Reading →
Petrobras – 1st Quarter 2017 Results Release Date
Rio de Janeiro, April 26, 2017 – Petróleo Brasileiro S.A. – Petrobras informs that it will release its 1st quarter 2017 results on May 11, after the market is closed. Therefore, between April 27th and May 11th, the Company will be in quiet period, during which Petrobras will not be able to comment or provide... Continue Reading →
Petrobras divestment – LNG terminal Pecem/Ceara
Petrobras President Pedro Parente and Ceará Governor Camilo Santana met at the company's headquarters in Rio de Janeiro to discuss the possibilities of investing in the Pecem port regasification terminal and storage tanks for oil derivatives. According to the governor, several companies have already contacted the state expressing interest in analyzing the potential of these... Continue Reading →
ANP GIVES GREEN LIGHT FOR DEVELOPMENT PLAN OF THE SAPINHOÁ SHARED RESERVOIR
April 23, 2017 The Board of the National Agency for Petroleum, Natural Gas and Biofuels (ANP) decided to approve, during a collegiate meeting, the Integrated Development Plan (PD) of the Sapinhoá Shared Reservoir. In its decision, the agency has determined that Petrobras apply "the best practices of the oil industry in its operations" in the... Continue Reading →
Petrobras – Clarification on News: New bidding rules for the production sharing regime
Rio de Janeiro, April 20, 2017 – Petróleo Brasileiro S.A. – Petrobras responds to Official Letter no. 166/2017/CVM/SEP/GEA-1 which requests clarifications, as follows: Official Letter no. 166/2017/CVM/SEP/GEA-1 “Dear Sir, We refer to the news article published on 04.14.2017 in the newspaper Folha de S. Paulo, under the headline “Petrobras pode desistir de áreas do pré-sal... Continue Reading →
Petrobras to raise Brazil diesel, gasoline prices on Friday
Brazil's state-controlled oil company Petroleo Brasileiro SA said on Thursday it would raise refinery prices for diesel by 4.3 percent and for gasoline by 2.2 percent on average, starting on Friday. Petrobras, as the company is known, said in a securities filing that a rise in global prices had more than offset a stronger local... Continue Reading →
Siem Helix 1 Commences Operations in Brazil – Press Release
April 19, 2017 05:00 PM Eastern Daylight Time HOUSTON--(BUSINESS WIRE)--Helix Energy Solutions Group, Inc. (NYSE: HLX) announced today that the Siem Helix 1 has commenced operations offshore Brazil and is on contract for Petroleo Brasileiro S.A. The vessel will be performing well intervention services under a multi-year contract with Petrobras. We have agreed with... Continue Reading →
TechnipFMC and DOF Subsea announce the delivery of Skandi Búzios and commencement of contract with Petrobras
TechnipFMC (NYSE and Euronext: FTI) and DOF Subsea (DOF) announce that the Skandi Búzios, a pipelay support vessel (PLSV) owned by the joint venture formed between TechnipFMC (50%) and DOF (50%), commenced its 8-year charter contract with Petróleo Brasileiro S.A. (Petrobras), as scheduled on April 13th, 2017. Skandi Búzios is the sistership of the Skandi Açu, which... Continue Reading →
Petrobras opposes Brazil plan to boost biofuels after selloff
Brazil's state-controlled oil company Petróleo Brasileiro SA has expressed strong opposition to a government-led program to increase the use of biofuels following its recent decision to completely withdraw from the sector. In a document the energy ministry posted on its website, the company known as Petrobras said it was worried about the impact of more... Continue Reading →
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