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 →
Petrobras increased by 1% the 2017-2012 investment plan
Petrobras adjusted its business plan and increased the investment threshold for the period 2017-2021 by 1% from US $ 74.1 billion to US $ 74.5 billion. For the same period, the company increased its exploration and production (E & P) forecasts by US $ 600 million from US $ 60.7 billion to US $... Continue Reading →
Petrobras – Clarification on News: CARF Ruling
Rio de Janeiro, March 23, 2017 – Petróleo Brasileiro S.A. – Petrobras responds to Official Letter no. 432/2017-SAE which requests clarifications, as follows: Letter no. 432/2017 - SAE “Dear Sirs, We request clarifications by 9.00 am on 3/24/2017, regarding the news published by Valor Econômico newspaper on 3/23/2017, under the headline “Petrobras afasta autuação de... Continue Reading →
Clarifications on the Libra Pilot Project
Rio de Janeiro, March 23, 2017 – Petróleo Brasileiro S.A. – Petrobras and its partners are committed to implementing the production sharing agreement (PSA) for the Libra area, executed in 2013 and for which Libra Pilot, the first definitive production system, scheduled for late 2020, is an important milestone. Petrobras and its partners have, since... Continue Reading →
Petrobras board extends CEO Parente’s term for further 2 years
The board of Brazilian state-controlled oil company Petróleo Brasileiro SA voted to extend current Chief Executive Officer Pedro Parente's term for a further two years, according to a Monday securities filing. The filing did not specify when his new term is set to start. Parente took over in May following the resignation of his predecessor... Continue Reading →
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