6/18/18 Petrobras has received an environmental license from Ibama for the acquisition of high-definition 3D geophysical data in the Búzios field, in the Santos Basin, using nodes. The data acquired in the seismic survey will allow the characterization of reservoir rocks in the field, aiming to optimize oil production in the field. This work calls... Continue Reading →
PB-Log offers lowest price for integrated support to Libra
6/18/18 PB-Log presented the lowest price in the fully integrated contracting model (type 3) for the Libra logistic support tender. The Petrobras subsidiary offered R $ 802 million for the provision of terrestrial, port, maritime and air services. The Sepetiba consortium, formed by Sepetiba Tecon port and the helicopter operator CHC, was the only competitor... Continue Reading →
Brazil up in ranking and becomes 9th largest oil producer in the world
Lack of investments, however, should increase dependence on imports of derivatives RIO - Brazil has risen another step in the ranking of the ten largest oil producing countries in the world. The country is in 9th place with an average production of 3.2 million barrels of oil (oil and gas) per day, representing 3%... Continue Reading →
Petrobras – Partnerships in Refining: New Deadline for Signing of Confidentiality Agreement
Rio de Janeiro, June 18, 2018 - Petróleo Brasileiro SA - Petrobras, following the announcements released on 04/27/2018 and 05/23/2018 regarding the Refining Partnerships processes, informs that, in response to requests from interested parties Partnerships in Refining, extended the deadline for signing Confidentiality Agreements and other documents foreseen in the Opportunity Disclosure (Teaser) for... Continue Reading →
Petrobras – Assignment of land rights: Beginning of binding phase
Rio de Janeiro, June 18, 2018 - Petróleo Brasileiro SA - Petrobras, following the Relevant Fact of 09/22/2017 and Notice to the Market of 03/02/2018, announces the beginning of the binding phase of the assignment processes (Polo Fazenda Belém, Polo Macau, Polo Sergipe Terra 1 and Polo Sergipe Terra 3), located in the states... Continue Reading →
Brazil’s Growth Forecast Falls Off a Cliff on Strike, Uncertainty
Brazil’s growth forecasts fell for a seventh consecutive week as economists assessed the impact of a nationwide trucker strike, growing emerging market turbulence and domestic uncertainty ahead of the October presidential election. Economists in a weekly central bank survey lowered their 2018 estimate for gross domestic product to 1.76 percent, the lowest level for the... Continue Reading →
Petrobras Oil and natural gas production in May
Rio de Janeiro, June 15, 2018 – Petróleo Brasileiro S.A. – Petrobras reports that, in May, its total production of oil and gas, including natural gas liquids (NGL), was 2.67 million barrels of oil equivalent per day (boed), with 2.57 million boed produced in Brazil and 96 thousand boed produced abroad. Total production operated by... Continue Reading →
Petrobras and Equinor conclude strategic partnership agreements in the Roncador field, providing new investments to increase the recovery factor of the field
Rio de Janeiro, June 15, 2018 - Petróleo Brasileiro S.A.- Petrobras informs that yesterday it concluded the sale of 25% of its interest in the Roncador field to Equinor (formerly Statoil), achieving an important milestone in the strategic partnership between the two companies, as disclosed on 12/18/2017. Petrobras remains the operator of the field, with... Continue Reading →
Petrobras – Negotiations involving Braskem S.A.
Rio de Janeiro, June 15, 2018 – Petróleo Brasileiro S.A. – Petrobras informs that yesterday it received correspondence from Odebrecht S.A., controlling shareholder of Braskem S.A., in which it communicates that it has initiated negotiations with LyondellBasell, a publicly-held company headquartered in Rotterdam, for a potential transaction involving the transfer of Odebrecht’s entire interest in... Continue Reading →
Odebrecht negotiates sale of Braskem control to Dutch company LyondellBasell
06/15/2018 09:59 Braskem announced on Friday (15) that its parent company, Odebrecht SA, has begun negotiations to sell its entire stake in the petrochemical company to Dutch company LyondellBasell. According to the relevant fact disclosed by the company to the market, "the negotiations are in a preliminary stage and LyondellBasell was granted exclusivity in the... Continue Reading →