Repsol Sinopec is leaving BM-ES-21, an exploration project in partnership with Petrobras in Espírito Santo. The companies have already notified Cade of the free assignment of rights in the contract. Petrobras will assume the 11.11% of Repsol Sinopec, and will now have 100% of the contract. Between 2009 and 2014, five wells were drilled in... Continue Reading →

June 10, 2019 Petrobras began licensing a proprietary campaign for 3D data acquisition, with nodes, in the Golfinho field, in the Espírito Santo Basin. The seismic campaign, planned by the company to begin in February 2021, should take 150 days. The Golfinho field was one of the first to be put for sale by Petrobras... Continue Reading →

The government is due to present to Congress this month the proposal for a new regulatory framework for natural gas, called "New Gas Market," said Minister of Mines and Energy Bento Albuquerque. During a ceremony to launch the Petrobras Integrated Program for Duct Protection (Pro-Ducts), the minister also said that the Brazilian government should have... Continue Reading →

RIO DE JANEIRO, BRAZIL – June 10, 2019 – Petróleo Brasileiro S.A. – Petrobras (“Petrobras”) (NYSE: PBR; B3: PETR3) announces that Caixa Econômica Federal (the “Selling Shareholder”), has commenced an offering of 241,340,371 common shares, without par value, of Petrobras (the “Common Shares”), including Common Shares represented by American depositary shares, each of which represents... Continue Reading →

Rio de Janeiro, June 7, 2019 - Petróleo Brasileiro S.A. - Petrobras, following up on the release of 05/22/2019, informs that on this date it has submitted to the Brazilian Association of Financial and Capital Market Entities ("ANBIMA") a request for prior analysis for registration of the secondary public offering for distribution of common shares... Continue Reading →

06/06/2019 | The prospect of investments in the exploration of new reserves, auctioned by the National Agency for Petroleum, Natural Gas and Biofuels (ANP) in the last three years, together with the revitalization strategy of the mature fields, indicate the resumption of the oil and gas sector operations in Macaé. Data on the strategies of... Continue Reading →

Brazilian subsidiary of Norwegian offshore vessel provider DOF has received an extension for one of its vessels working in South America. DOF said on Friday that its subsidiary – Norskan – had won a one-year extension for the Skandi Hav vessel from Brazilian oil major Petrobras. Continue reading

The worldwide offshore rig count in May 2019 dropped by 11 units sequentially but was up 43 rigs year-over-year, according to monthly rig count reports by Baker Hughes, a GE company (BHGE). BHGE splits its rig counts into international and North America rig counts, which combined make the worldwide rig count. Baker Hughes said on Friday... Continue Reading →

  Rio de Janeiro, June 6, 2019 –  Petróleo Brasileiro S.A. – Petrobras informs that today the  Plenary of the Federal Supreme Court (STF) reversed the provisional injunction granted by Minister Ricardo Lewandowski in ADI 5624, which conditioned the sale of control of subsidiaries and subsidiaries of state-owned companies to prior legislative authorization and public... Continue Reading →