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Petróleo Brasileiro S.A. - Petrobras, following up on the release disclosed on July 9, 2024, informs that it has signed two agreements with Yara and Araucária Nitrogenados S.A. (ANSA), a wholly-owned subsidiary of the company, in a next step towards structuring a potential partnership within fertilizers and industrial products. The first agreement includes the commercialization... Continue Reading →
Highlights FPSO Prosperity sold to ExxonMobil Guyana Ltd; FPSO Liza Destiny on track for sale before year-end TotalEnergies contract award for an FPSO as part of the GranMorgu field development project in Suriname 2024 Directional1 EBITDA guidance increased from around US$1.3 billion to around US$1.9 billion (+46%) 2024 Directional revenue guidance increased from above US$3.8... Continue Reading →
(PN) According to the company's Director of Engineering, Technology and Innovation, Renata Baruzzi, the bidding processes for the contracting of two FPSOs for the Sergipe Aguas Profundas project (SEAP 1 and 2) will be launched by the end of this year. Petrobras is currently discussing with the other companies in the SEAP consortium the best... Continue Reading →
– Petróleo Brasileiro S.A. following up on Communication of September 11, 2024, informs that the Natural Gas Processing Unit (UPGN), located at the Boaventura Energy Complex (Itaboraí, RJ), began commercial operation. The UPGN is currently operating with its first module, which has the capacity to process 10.5 million m³/day of gas. The second module is... Continue Reading →
“In this third quarter of 2024, we achieved consistent financial results amid a context of declining Brent prices, which we were able to offset with higher sales volumes of oil products. We maintained strong cash generation of US$ 11.3 billion, up 24% from the previous quarter, sustained by the quality and performance of our assets.... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras informs that its Board of Directors (CA), in a meeting held today, approved the payment of interim dividends in the amount of R$ 17.12 billion, equivalent to R$ 1.32820661 per common and preferred share in circulation, as an anticipation of the remuneration to shareholders related to the fiscal year 2024,... Continue Reading →
(ofshore-energy.biz) Isle of Man-headquartered oil and gas player Challenger Energy Group (CEG) is carrying out a data reprocessing program at a shallow water exploration block off the coast of Uruguay, expected to back a formal farm-out process anticipated to commence in mid-2025. A program of reprocessing work is underway at the AREA OFF-3 block to secure... Continue Reading →
(offshore-energy.biz) Norway’s subsea services provider Argeo has entered into an eight-year agreement with Staatsolie, Suriname’s oil and gas regulator and state oil company, for the acquisition, processing and sales of multi-client data in Suriname. The execution of the agreement will be performed in several phases over the contract period and encompass integrated turnkey data solutions... Continue Reading →
Petróleo Brasileiro S.A. - Petrobras, further to the Announcements to the Market of January 29th 2020, May 27th 2021 and July 26th 2023, hereby informs that the District Court of Rotterdam ("Court") today handed down a favorable judgment on its main arguments in the collective action filed by the Stichting Petrobras Compensation Foundation ("Foundation") against... Continue Reading →
(PN) Recently, Petrobras began drilling a new well in the Buzios Field, in a water depth of 1,939 meters, using the Carolina drillship. The information was made available by the National Petroleum Agency (ANP). The new well was given the technical name 9-BUZ-99D-RJS. The nomenclature beginning with the number 9 indicates that this is a... Continue Reading →
Brazil Energy Insight 