(Petrobras, 6.Feb.2017) – The floating platform will operate in the Santos Basin pre-salt and it will be the seventh unit deployed in Lula field. On […]
Tag: Petrobras
Gran Tierra to Divest Brazil Business
(Gran Tierra Energy Inc., 6.Feb.2017) – Gran Tierra Energy Inc. announced a purchase and sale agreement was executed pursuant to which Maha Energy AB agreed […]
Petrobras Announces Pricing of Global Notes
(Petrobras, 10.Jan.2017) – Petrobras announces the pricing of global notes denominated in U.S. Dollars (the “Notes”) to be issued by its wholly-owned subsidiary Petrobras Global […]
Moody’s Assigns Rating to Petrobras Notes
(Moody’s Investors Service, 9.Jan.2017) – Moody’s Investors Service assigned a B2 rating to Petrobras Global Finance B.V.’s proposed global notes, which will be unconditionally guaranteed […]
Petrobras Concludes Nansei Sekiyu Sale
(Petrobras, 28.Dec.2016) – Petrobras concluded the sale of its 100% stake in Nansei Sekiyu (NSS) to the Taiyo Oil Company. The transaction was done by […]
Petrobras Sells Sugar, Ethanol, PetroChem Assets
(Petrobras, 28.Dec.2016) – These transactions are part of the company’s partnerships and divestments program. The target for the period 2017-2018 is $21 billion … On […]
Petrobras, Total Move Forward with Alliance
(Petrobras, 21.Dec.2016) – Petrobras signed a Master Agreement with the French company Total, in connection with the Strategic Alliance established in the Memorandum of Understanding […]
Wood Group Awarded Contract for Statoil’s Peregrino field
(Wood Group, 28.Jun.2016) – Wood Group was awarded a multimillion dollar contract to provide detailed engineering and design, and procurement services to South Atlantic Holding […]
Petrobras Class Action in the United States
(Petrobras, 15.Jun.2016) – Petrobras informed the United States Court of Appeals for the Second Circuit issued an order granting Petrobras’s petition to permit an appeal […]
Petrobras Starts Competitive Process to Sell Liquigás
(Petrobras, 15.Jun.2016) – Petrobras started the competitive process to sell Liquigás Distribuidora S.A., a wholly-owned, privately-held subsidiary operating in the bottling, distribution and selling of […]
New Libra Well Confirms Extension of Petrobras Oil Find
(Petrobras, 15.Jun.2016) – The Libra Consortium has concluded the drilling and evaluation of the seventh well in the block, located in the pre-salt of the […]
Petrobras Says Production Up 5% in May
(Petrobras, 8.Jun.2016) – Petrobras’ total oil and natural gas production in May reached 2.83 million barrels of oil equivalent per day (MMboe/d), up 5 percent […]
Nelson Silva Appointed Petrobras’ Strategy Consultant
(Petrobras, 6.Jun.2016) – Nelson Silva has been appointed senior consultant to Petrobras’ board of executives. Invited by CEO Pedro Parente, he will coordinate the company’s […]
Helix Finalizes Contract Negotiations With Petrobras
(Helix Energy Solutions Group, 2.Jun.2016) – Helix Energy Solutions Group, Inc. has completed its contract renegotiations with Petrobras and entered into amendments to its well […]
Petrobras Announces New CEO, Mgmt Changes
(Petrobras, 30.May.2016) – Petrobras received Mr. Aldemir Bendine’s letter of resignation from the positions of Member of the Board of Petrobras and CEO. Bendine also […]
Dilma Warns Gov’t Wants to Privatize Brazilian Reserves
(Energy Analytics Institute, Jared Yamin, 26.May.2016) – Brazil President Rousseff Dilma, suspended from her duties for six months, claims the country’s interim president Michel Temer […]
Lawmaker Wants Investigation into Brazil-Bolivia Deals
(Energy Analytics Institute, Jared Yamin, 23.May.2016) – Brazil’s Vice President of Foreign Affairs and Deputy in the Brazil National Defense Chamber of Brazil Luis Carlos […]
Lawmaker’s Suggests Resignation of Minister Linked to Petrobras Scandal
(Energy Analytics Institute, Jared Yamin, 23.May.2016) – Brazilian lawmaker Pauderney Avelino, from Brazil’s lower chamber, said Planning Minister Romero Jucá under the interim government of […]
Bolivia Exported 24 MMcm/d to Brazil
(Energy Analytics Institute, Jared Yamin, 19.May.2016) – Bolivian exports to Brazil reached 24 million cubic meters per day on May 12, 2016 compared to 30 […]
Sembcorp Unit Completes Repair Job at Brazil Yard
(Sembcorp Marine Ltd., 18.May.2016) – Singapore’s Sembcorp Marine Ltd. announced that its wholly-owned Brazilian subsidiary Estaleiro Jurong Aracruz (EJA) has marked a key operational milestone […]
Former Lula Minister Sentenced to Jail in Petrobras Case
(Energy Analytics Institute, Jared Yamin, 18.May.2016) – Former Brazilan Minister JosĂ© Dirceu was sentenced to a 23-year, 3-month prison term due to his presumed involvement […]
Petrobras Issues $6.75 Billion in Global Notes
(Petrobras, 17.May.2016) – Petrobras issued $6.75 billion of 5 and 10 year Global Notes through its wholly-owned subsidiary Petrobras Global Finance B.V. (PGF). The transaction […]
Petrobras on Sale of Nova Transportadora do Sudeste
(Petrobras, 13.May.2016) – Petrobras, further to the notice published on February 26, 2016 regarding the sale of Nova Transportadora do Sudeste (NTS), announced the company’s […]
Clarification on Estimated Returns on Petrobras Projects
(Petrobras, 9.May.2016) – Petrobras said it periodically analyzes the economic performance of its projects. The results are consolidated in a corporate document entitled Post-EVTE Study […]
Petrobras Signs Credit with China Exim Bank
(Petrobras, 9.May.2016) – Petrobras signed a term sheet with China Exim Bank (Export-Import Bank of China) containing the main terms and conditions for a $1 […]
Petrobras Reports April Production Levels
(Petrobras, 9.May.2016) – Petrobras’ total oil and natural gas production in April amounted to 2.69 MMboe/d, of which 2.50 MMboe/d were produced in Brazil and […]
Petrobras Reports on Negotiations for Sale of Petrobras Argentina
(Petrobras, 8.May.2016) – Petrobras, regarding the sale of its stake in Petrobras Argentina, as disclosed in the Material Fact on February 3, 2016, would like […]
Petrobras Updates on Sale of Distribution Assets in Chile
(Petrobras, 4.May.2016) – Petrobras has completed negotiations with the Southern Cross Group on the main terms and conditions for the sale of 100 percent of […]
PEPC’s Restructuring Not Likely to Impact Brazil Program
(Karoon Gas Australia Ltd., 28.Apr.2016) – Karoon Gas Australia Ltd. provided an update on recent events relating to its 65 percent owned Santos Basin Blocks […]
Petrobras Comments on Divestment of Gaspetro Shares
(Petrobras, 26.Apr.2016) – Petrobras declared that the new injunction granted by the Rio Federal Court has not suspended the sale of 49 percent of its […]
Petrobras Says Production Reached 2.55 MMBoe/d in March
(Petrobras, 10.Apr.2016) – Petrobras’ oil and natural gas output in March reached 2.55 MMboe/d, including 2.36 MMboe/d produced in Brazil and 183,000 boe/d abroad. Average […]
BrasFELS Signs $141 Mln FPSO Contract
(Keppel Corporation Ltd. 7.Apr.2016) – Singapore’s Keppel Corp. Ltd. announced that its unit Keppel Offshore & Marine Ltd. (Keppel O&M), through its subsidiary, Keppel FELS […]
Petrobras’ New Program to Encourage Voluntary Severance
(Petrobras, 1.Apr.2016) – Petrobras launched a new Program to Encourage Voluntary Severance (PIDV), which will be open to all employees, regardless of their age or […]
Petrobras OTC 2015: Offshore Video
(Energy Analytics Institute, Jared Yamin, 30.Oct.2015) – Brazil’s state oil entity Petrobras discusses its challenges in the pre-salt during the Offshore Technology Conference in Houston, […]
Statoil Awards Wood Group Contract Offshore
(Statoil ASA, 22.Sep.2015) – Norway’s Statoil ASA, on behalf of the Peregrino license partners, has been awarding a contract to Wood Group to provide 4-year […]
Petrobras Clarifies Gaspetro Details
(Petrobras, 17.Sep.2015) – Due to the article published in the press on the potential sale of Gaspetro, Petrobras clarifies that, as announced on June 29, […]
Petrobras Output Sets Record in August
(Petrobras, 16.Sept.2015) – Petrobras’ oil and natural gas production in Brazil and abroad reached 2.88 MMboe/d in Aug.2015, a new record. It is up 0.8% […]
Petrobras Clarifies Details of Expense Cuts
(Petrobras, 15.Sep.2015) – Petrobras hereby responds to BM&FBovespa Official Letter 2851/2015-SAE, which requests the following clarifications: BM&FBovespa Official Letter 2851/2015-SAE      “We request that you provide […]
Petrobras Appoints Temp Chairman, BODs
(Petrobras, 15.Sep.2015) – Petrobras’ Board of Directors approved the appointment of Director Luiz Nelson Guedes de Carvalho at a meeting. Carvalho will chair this Board […]
Petrobras Updates on Leasing of Rigs
(Petrobras, 15.Sept.2015) – In regard to the news items carried by the press concerning the leasing of oil rigs, Petrobras cannot confirm that it is […]
Petrobras Says Board Pres. Takes Leave
(Petrobras, 14.Sep.2015) – Petrobras’ Chair of the Board of Directors, Murilo Ferreira, has advised the Board that he will be on leave of absence until […]
Petrobras Reports on Downgrade by S&P’s
(Petrobras, 11.Sep.2015) – Regarding Standard & Poor’s announcement of its new rating on September 10, 2015, Petrobras reiterates the medium-term fundability of its projects has […]
Petrobras’ Naphtha Contract with Braskem
(Petrobras, 11.Sep.2015) – Petrobras and Braskem have signed contracts to supply naphtha for 2-months, starting on September 1, 2015: one is for the Braskem Unit […]
Petrobras’ Clarification on Drilling Rigs
(Petrobras, 10.Sep.2015) – Currently, Petrobras has 28 contracts with Sete Brasil to charter drilling rigs. Charter contracts for 7 of the rigs were signed in […]
Petrobras Output for July 2015
(Petrobras, 26.Aug.2015) – Petrobras sets new daily and monthly records for oil extraction in the pre-salt layer.    Petrobras’ average oil and natural gas production rose […]
Petrobras Debentures Public Offering
(Petrobras, 26.Aug.2015) – Petrobras has submitted to the Brazilian Financial and Capital Markets Association (ANBIMA) a request for the preliminary analysis of registration for the […]
Petrobras Pays Fine in USA
(Petrobras, 20.Aug.2015) – Regarding media reports on the payment of a fine to U.S. authorities, Petrobras states there is nothing ongoing regarding any payment of […]
Details Related to Petrobras Distribuidora IPO
(Petrobras, 18.Aug.2015) – Pursuant to CVM Instruction 480/09, Petrobras has published, in the Brazilian Securities and Exchange Commission (CVM) system, an acknowledgement relating to the […]
Moody’s Affirms Petrobras Argentina Notes
(Moody’s Investor Service, 14.Aug.2015) – Moody’s Latin America Agente de CalificaciĂłn de Riesgo affirmed the Ba2/Aaa.ar global scale rating and national scale rating on Petrobras […]
Petrobras Updates on Settlement of Tax Liability
(Petrobras, 7.Aug.2015) – Following the publication of Joint Regulation RFB/PGFN #1064 and Regulatory Instruction 1576 in the Official Gazette on 3.Aug.2015, by the Brazilian Internal […]