Rio de Janeiro, September 19, 2018 - Petróleo Brasileiro S.A. - Petrobras, following up on the release published on 01/24/2017 and further to the information disclosed in the explanatory note 28.4.2 of the company’s financial statements of the second quarter of 2018 , informs that today the District Court of Rotterdam ("Court") has handed down... Continue Reading →
ANP approves three more companies in the Permanent Offer
9/18/18 Capricorn, Dimensional Engenharia and its subsidiary Energizzi were approved by ANP The ANP's Special Bidding Commission approved the registration of three additional companies to participate in the Permanent Offer. With these three, there are already 15 companies interested in the first phase of the Permanent Offer. The Indian Capricorn was one of the... Continue Reading →
IBP has new Executive Director
9/18/18 Extraordinary General Meeting elects Equinor executive for one of the vacancies of the collegiate Mauro Andrade assumed one of the vacancies of the Executive Board of IBP. The executive of Equinor was elected on Friday (14/8), during the Extraordinary General Assembly of the institute, held to choose the substitute of Leonardo Junqueira, executive... Continue Reading →
Petrobras licenses four new shallow water wells in Bahia
September 18, 2018 Petrobras has begun licensing four new production wells at the Manati field with Ibama, in the shallow waters of the Camamu Basin off the coast of Bahia. Named "BA3340 - Completion of the drainage network of Manati Field", the strategy aims to increase the production of the Manati field by 1.4 million... Continue Reading →
Aker Solutions to maintain 9 Petrobras offshore platforms
Norway’s Aker Solutions has won a contract for maintenance and modification services provision for nine Petrobras offshore platform in Brazil. The platforms are located at Petrobras’ oil and gas fields in the Campos Basin. Read more
BTG Pactual may keep stake in PetroAfrica, says source
9/17/18 Brazil's largest independent investment bank, Banco BTG Pactual SA, may hold its stake in Petrobras Africa to avoid a loss from the sale, a source familiar with the matter said on Friday. In June, Reuters reported that a consortium led by Vitol, the world's number one oil operator, had entered into exclusive deals to... Continue Reading →
QGEP signs rig for Atlanta
9/17/18 Queiroz Galvão Exploration & Production (QGEP) will close a deal with Queiroz Galvão Oil & Gas (QGOG) to charter the Laguna Star drill rig. The rig will drill the third well of Atlanta's anticipated production system in the Santos Basin. The deal between the two companies in the same group should be formalized next... Continue Reading →
Petrobras expects to increase oil production by up to 10% by 2019
Petrobras aims to raise oil production from 8% to 10% to about 2.3 million barrels per day (bpd) in 2019 and reduce debt by another $ 10 billion next year, the company's chief financial and investor relations officer, Rafael Grisolia, told Reuters. The world's most indebted oil company is on track to reduce its... Continue Reading →
Petrobras Day 2018 | CFO Rafael Grisolia | New York
See attached presentation Apresentacao_Investor-Day-NY-14-09-2018-Ingles
Technology makes the pre-salt the world’s leading oil frontier
September 17, 2018 RIO - Twelve years after its discovery, Brazilian pre-salt has become the most attractive oil frontier in the world. The reduction of costs provided by the technological advances made by the industry in the country and the high rates of productivity of the fields made the area in the Santos and Campos... Continue Reading →
