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(PN) A new wave of developments in the Santos Basin that should start next year creates the expectation of generating new jobs, in addition to enabling the expansion of the use of support vessels. The so-called Stage 4 of the Santos Basin will cover 13 new Petrobras production units in the region, located in the... Continue Reading →
The Brazilian Institute of the Environment (Ibama) granted Petrobras the first renewal of the seismic survey license for the Itapu field, in the pre-salt layer of the Santos Basin. The license will last for 1 year and two months, authorizing the oil company to carry out the activity within the authorized polygon, with the seismic... Continue Reading →
(PN) News in the preparations for the first round of the Permanent Sharing Offer, which will auction off pre-salt blocks. The National Petroleum Agency (ANP) approved the registration of five more companies: Equinor, Ecopetrol, Qatar Energy, Sinopec and Petrogal. The information is contained in a statement published) in the Official Gazette. Previously, the ANP had... Continue Reading →
Petro Rio S.A. (“PRIO”) informs its shareholders and the market in general that it has entered into a memorandum of understanding (“MOU”) with Prisma Capital Ltda. (“Prisma”) for the potential business combination of Dommo Energia S.A. (“Dommo”) (B3: DMMO3) and PRIO (“Transaction”).As per the MOU, the Transaction will be implemented through the incorporation of the... Continue Reading →
(OE) The UK Competition and Markets Authority (CMA) has accepted Noble Corp. and Maersk Drilling's plan to sell certain rigs operating in the North Sea in order to alleviate competition concerns arising from the two drillers' planned merger. The two offshore drilling firms said in November 2021 announced a proposed business combination. However, the CMA... Continue Reading →
(TN) Petrogal Brasil was the winner of the direct sales process carried out by Pré-Sal Petróleo (PPSA) this August 31st, to market the first oil cargo, of 500 thousand barrels, arising from the oil sharing production contract of Sepia and which will be available for loading in the last quarter of the year. Ten companies... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras, following up on the release disclosed on 05/13/2022, informs that the Administrative Council for Economic Defense (CADE), in a court session held on this date, approved the transaction for the sale of the Isaac Sabbá Refinery (REMAN) to Ream Participações S.A., through the execution of an Agreement in Concentration Control... Continue Reading →
(TN) Pre-Sal Petróleo (PPSA) is selling the first oil cargo from the Sepia production sharing contract. The company sent an invitation letter to the market for ten companies that already registered for operations in the pre-salt layer, offering, through direct sales, a load of 500 thousand barrels for loading in the last quarter of the... Continue Reading →
(Reuters) - Brazilian antitrust regulator CADE on Tuesday approved the sale of Petrobras' (PETR4.SA) REMAN refinery to Ream, which is part of the Atem group, but decided the buyer will have to take measures to guarantee that other fuel distributors have access to the plant's waterway terminal. The approval with restrictions came in a 6-1 CADE board... Continue Reading →
(Reuters) - Progress to relaunch oil major Chevron Corp's (CVX.N) operations in Venezuela under U.S. sanctions on the country depends on licenses from Washington, Venezuelan oil minister Tareck El Aissami said on Tuesday. The U.S. Treasury Department in May renewed a license that allows Chevron to operate in Venezuela under very restrictive terms. The company had requested... Continue Reading →
