Rio de Janeiro, March 14th, 2017 – Petróleo Brasileiro S.A. – Petrobras informs that its total oil and natural gas production in February totaled 2.82 million barrels of oil equivalent per day (boed), from which 2.703 million boed were produced in Brazil and 113 thousand boed abroad. The average oil production in the country was... Continue Reading →
ANP AUTHORIZES START OF P-66 PRODUCTION
A new pre-salt platform will boost domestic oil and gas production. The National Petroleum Agency (ANP) has authorized Petrobrás to start the FPSO P-66 activity, in the Lula Sul module, in the Santos Basin. ANP's board of directors approved the extraordinary natural gas burn of up to 130,000 Mm³ in the first... Continue Reading →
Clarification on News – Addendum: Energy Development Account Budget for the year 2017
Rio de Janeiro, March 13, 2017 – Petróleo Brasileiro S.A. – Petrobras responds to Official Letter no. 115/2017/CVM/SEP/GEA-1 which requests additional clarifications, as follows: Official Letter no. 115/2017/CVM/SEP/GEA-1 “Dear Sir, 1. We herein refer to the reply forwarded by the Company on 03.07.2017, through the Empresas.Net System, under Category “Market Communication”, Type “Clarifications on News:... Continue Reading →
Six fast supply vessels delivered for Petrobras charter
The final six fast supply vessels (FSVs), designed by the Australian ship designer Incat Crowther, have recently been delivered to Baru Offshore, for charter with Petrobras. Incat said on Wednesday the vessels were the last of a dozen 48 meter-long DNV Classed DP-1 monohulls named the Baru Serrana, Baru Tesoro, Baru Sinu, Baru Sirius,... Continue Reading →
PETROBRÁS CEO TO ANALYZE PARTNERSHIPS WITH STATOIL AND GALP
March, 2017 Having sealed an alliance last year with France's Total worth $ 2.2 billion, Petrobras now seems to be looking for new international partners. According to CEO Pedro Parente, the Norwegian Statoil and the Portuguese company Galp are in the sights of Petrobras. Parente stated that the signing of strategic associations is... Continue Reading →
Brazil’s Petrobras confident accounting practices correct -CFO
Brazil's state-run oil company Petroleo Brasileiro SA is "completely confident" its financial reporting is in line with regulation, the company's chief financial officer said on Wednesday, after Brazil's CVM market regulator questioned its hedging practices. Chief Financial Officer Ivan Monteiro told reporters Petrobras would appeal the CVM decision and will continue to adopt the same... Continue Reading →
Petrobras – 2016 Annual Results Release Date
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 →
