Rio de Janeiro, March 8, 2017 - Petróleo Brasileiro SA - Petrobras informs that it will release its 2016 annual results on March 21, 2017, after the market is closed. Therefore, the Company is in quiet period until the date of disclosure, during which Petrobras is not able to comment or provide clarifications related to... Continue Reading →
Petrobras – Clarifications regarding CVM Letter
Rio de de Janeiro, March 7, 2017 - Petróleo Brasileiro SA - Petrobras informs that it received today a Letter No. 33/2017/CVM/SEP/GEA-5, following a meeting of the Brazilian Securities and Exchange Commission (CVM) that took place today, in which CVM’s Collegiate decided to publish the Letter No. 30/2017/CVM/SEP/GEA-5 (“Letter No. 30”), dated March 3, 2017,... Continue Reading →
More Waivers for Libra
The Libra consortium (Petrobras, Total, Shell, CNOOC and CNPC) must request ANP for a waiver to charter drilling rigs at the Libra project, the country's first production sharing area, in the Santos Basin pre-salt. The measure is a reflection of the failure of the Sete Brasil project, which would provide drill rigs for Petrobras with... Continue Reading →
Petrobras investigates ‘rough’ helicopter landing on FPSO
zoomPetrobras worker (For illustration only) Earlier this week, a helicopter had a rough landing and crashed into the heliport of the Petrobras-operated P-37 FPSO, offshore Brazil. Brazilian state-owned oil giant reported on Wednesday that a S76C model helicopter, owned by Omni Taxi Aereo, crashed laterally into the heliport. The aircraft had taken off from the São Tomé... Continue Reading →
Total and Petrobras seal their Strategic Alliance through the signature of definitive contracts
Rio de Janeiro, Paris, March 1st, 2017 – Petrobras and Total inform that they have signed yesterday definitive contracts in relation to the package of assets contemplated in the Strategic Alliance, as defined in the 21st of December,2016 Agreement. The contracts signed yesterday seal the Strategic Alliance between the two companies creating new partnerships in... Continue Reading →
Petrobras approves settlements with investors to end four individual lawsuits in the US
Rio de Janeiro, February 24, 2017 - Petróleo Brasileiro SA - Petrobras informs that its Board of Directors approved today the conclusion of settlements to end four individual lawsuits filed before the Federal Court of New York, USA, by New York City Employees Retirement System (and others), Transamerica Income Shares, Inc. (and others), Internationale Kapitalanlagegesellschaft... Continue Reading →
Incorporation of Nova Fronteira by São Martinho S.A. concluded
Rio de Janeiro, February 23, 2017 - Petróleo Brasileiro S.A. - Petrobras, in addition to material fact of 12/15/2016, announces that its wholly owned subsidiary Petrobras Biocombustível S.A. ("PBIO") concluded today the incorporation of the Nova Fronteira by São Martinho S.A. The operation was completed with the receipt, by PBIO, of 24 million new ordinary... Continue Reading →
PETROBRAS Disclosure of Relevant Shareholding Position
Rio de Janeiro, February 24, 2017 – Petróleo Brasileiro S.A. – Petrobras, in compliance with article 12 of CVM Instruction no. 358, dated of 1/3/2002, reports that it was notified by BlackRock, Inc. ("BlackRock") that the latter has acquired preferred shares issued by the company and as of February 22, 2017 it manages share interests... Continue Reading →
Sale of refineries in Petrobras radar
Petrobras board members are warming up to include the refining area in the divestment plan of the company’s assets. Among the sympathizers of the idea is the president of Petrobras, Pedro Parente, and CFI, Ivan Monteiro. The latter certainly stimulated by the impact the inclusion would have in reducing company debt and in the... Continue Reading →
Petrobras suspends charter payments for ‘Arendal Spirit’
zoomArendal Spirit at the Campos basin; Image source: Teekay Brazilian oil company Petrobras has suspended charter payments for the Arendal Spirit flotel, owned by Teekay Offshore Partners. This was revealed by Teekay on Thursday in its financial report. Teekay said the Arendal Spirit experienced an operational incident relating to its dynamic-positioning system in November 2016.... Continue Reading →
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