PetroChina Co., the country’s biggest oil and gas producer, forecast that full-year profit rebounded off a record low and may have tripled amid cost cutting and higher energy prices. Read more
PETROBRÁS, EXXON AND OTHERS 12 COMPANIES SIGNED CONTRACTS OF THE 14th ROUND
January 29, 2018 Petrobras and Exxon, the main players in the 14th round of bids of the National Petroleum Agency (ANP), signed on Monday (29) the contracts related to the blocks sold at the auction held in September last year. To remind you, the companies were a consortium to make the biggest bids of the... Continue Reading →
Petrobras Enrolls in the Installment Program Established by Law 13586/2017
Rio de Janeiro, January 29, 2018 - Petróleo Brasileiro S.A. - Petrobras, further to the press release disclosed on August 23, 2017 and January 2, 2018, informs that its Board of Directors approved today the adhesion to the installment payment program established by Law 13586/2017, which covers the processes related to the requirement of Withholding... Continue Reading →
Election of Petrobras Chief Production Development and Technology Officer and Chief Human Resources, HSE and Services Officer
Rio de Janeiro, January 29, 2018 – Petróleo Brasileiro S.A. – Petrobras announces that its Board of Directors, in a meeting held today, has elected the engineers Eberaldo de Almeida Neto as Petrobras Chief Human Resources, HSE and Services Officer and Hugo Repsold Júnior as Petrobras Chief Production Development and Technology Officer. Eberaldo de Almeida... Continue Reading →
Petrobras’ Proved Reserves in 2017
Rio de Janeiro, January 29, 2018 – Petróleo Brasileiro S.A. - Petrobras informs the volume of its proved petroleum reserves (oil, condensate and natural gas) estimated at the end of 2017 according to ANP/SPE (Brazilian National Agency of Petroleum, Natural Gas and Biofuels / Society of Petroleum Engineers) and SEC (US Securities and Exchange Commission)... Continue Reading →
BP Reshapes Portfolio to Ensure Oil Assets Aren’t Left Undrilled
BP Plc is looking to a future beyond oil as it concedes some crude will be left in the ground. “Not every barrel of oil in the world will get produced,” Bernard Looney, head of the company’s upstream division, said Tuesday. “We’re facing competition from alternative sources of energy like we’ve never had before.” Read... Continue Reading →
CHC’s helicopter to support Statoil’s ops in Brazil
Helicopter operator CHC Group has won a contract with Statoil to support the oil major’s operations in Brazil. CHC said on Monday that the new contract with Statoil, one of Brazil’s largest oil producers, would support Statoil by flying to Operational Area BM-S-8 in the Santos Basin offshore Brazil. The missions will be based out... Continue Reading →
Petrobras announces redemption of three series of Notes
RIO DE JANEIRO, BRAZIL – January 26, 2018 – Petróleo Brasileiro S.A. – Petrobras (“Petrobras”) (NYSE: PBR) announces that its wholly-owned subsidiary Petrobras Global Finance B.V. (“PGF”) has delivered notices of redemption to the holders of the outstanding 3.000% Global Notes due 2019 (“3.000% Notes”), 3.250% Global Notes due 2019 (“3.250% Notes”) and 7.875% Global Notes... Continue Reading →
TMC to supply marine compressor for SBM Offshore’s new FPSO
International compressor supplier TMC Compressors (TMC) has won a contract from Shanghai Waigaoqiao Shipbuilding (SWS) to supply a marine compressed air system to a newbuild FPSO the yard is currently constructing for SBM Offshore. TMC said on Friday that the scope of work was to provide a compressed air system consisting of 4 x 400... Continue Reading →
Petrobras Announces the Pricing of Global Notes
Rio de Janeiro, January 26, 2018 – Petróleo Brasileiro S.A. – Petrobras announces the pricing of global notes denominated in U.S. Dollars (the “Notes”) to be issued by its wholly-owned subsidiary Petrobras Global Finance B.V. (“PGF”). The Notes will be unsecured obligations of PGF and will be fully and unconditionally guaranteed by Petrobras.Closing is... Continue Reading →
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