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Petrobras News

Brazil: Petrobras Invites Bids for Ninth Buzios Field FPSO

May 03, 2021

Brazilian oil company Petrobras on Friday started the bidding process for the acquisition of a new FPSO for the Búzios field, in the Santos Basin pre-salt area, offshore Brazil.Called P-80, the FPSO will be the ninth unit to operate in the field鈥

Report: Petrobras Restarts Bidding for Golfinho 云顶赌场老虎机 Oilfield Cluster

May 06, 2021

Brazilian state-run oil company Petrobras has reopened bidding for its Golfinho offshore oilfield cluster, two sources told Reuters this week, following a rise in crude prices over the last several months.Golfinho is one of dozens of legacy production assets that Petroleo Brasileiro SA鈥

Petrobras Confirms Luna as New CEO, Names New Division Heads

Apr 19, 2021

The board of Petrobras has elected four career executives to head up key company divisions rather than bringing in more outsiders, Brazil's state-controlled oil company said on Friday, confirming news previously reported by Reuters.The board of directors of Petroleo Brasileiro SA鈥

Petrobras Suspends MODEC from Bidding for FPSO Projects

Apr 05, 2021

Brazilian national oil and gas company Petrobras has suspended Japanese FPSO specialist MODEC from bidding for new floating production storage and offloading vessel projects. A day after the announcement the Japanese firm named a new CEO but鈥

Petrobras to Take Over Six BP's Ultra-deepwater Blocks in Brazil

Apr 07, 2021

Brazil's national oil company Petrobras has agreed to take over BP's entire stakes in six ultra-deepwater blocks, located offshore northern Brazil.The blocks are situated some 120 km from the state of Amapá, in what Petrobras said was a high鈥

Keppel in Talks with Petrobras to Build FPSO for Buzios Field

Apr 19, 2021

Singapore's Keppel Corporation has confirmed it has been in talks with the Brazilian oil company Petrobras to built an FPSO vessel for the Buzios field offshore Brazil.In a statement on Friday, responding to an article by Upstream Daily News鈥

Petrobras, Partners Decide on Partial "Devolution" of Libra 云顶赌场老虎机 Area

Apr 16, 2021

Brazilian oil company Petrobras, as a leader of the Libra consortium operating the Libra offshore area in Brazil, on Friday said the consortium had informed the national regulator of the 'devolution' of the part of the block.Petrobras, on behalf of partners Shell鈥

Petrobras Shareholders Pave Way for New CEO

Apr 13, 2021

Shareholders in Brazil's Petrobras voted on Monday to remove Roberto Castello Branco as CEO, and elected his government-picked successor to the board of directors, but discontent among some investors threatens to drag out the transition process鈥

Petrobras CFO, Others to Leave After Clashing with Incoming CEO's Plans

Mar 26, 2021

Petroleo Brasileiro SA鈥檚 chief financial officer and three other top executives decided to leave the state-controlled producer after clashing with plans of the company鈥檚 incoming chief executive, a person close to the executives said.Topics鈥

Fifth Petrobras Director to Follow CEO Out

Mar 04, 2021

A fifth board member at Brazil's Petrobras will step down, the company said as of Wednesday, and the state-run oil producer's shares tumbled more than 3% as management turmoil showed no signs of abating.A day earlier, four other board members stepped down at Petroleo Brasileiro SA鈥

Petrobras Board Calls for Meeting to Oust CEO

Feb 24, 2021

The board of Brazilian state-run oil company Petrobras on Tuesday called an extraordinary shareholders' meeting, a move that all but guarantees the exit of Chief Executive Roberto Castello Branco.In a statement, Petroleo Brasileiro SA, as the company is officially known鈥

Report: Brazil's President Pressing for Petrobras CEO Resignation

Feb 19, 2021

The chief executive of Brazil's state-led oil company Petrobras is trying to fight off President Jair Bolsonaro's bid to oust him over his insistence on raising gasoline prices in line with international market hikes, two sources with direct knowledge of the matter told Reuters on Friday鈥

Report: SBM 云顶赌场老虎机 Only Bidder for Petrobras' Mero 4 FPSO

Feb 24, 2021

Brazil's state-controlled oil company Petrobras received only one proposal, from Dutch SBM 云顶赌场老虎机, in a bid to contract construction of the Mero 4 oil platform [FPSO] in the Santos Basin pre-salt, two sources with knowledge of the matter told Reuters鈥

Petrobras: Four Board Members to Step Down Following CEO Ousting

Mar 03, 2021

Four board members at Brazil's Petrobras will step down at the end of their terms, the company said on Tuesday night, another sign of turmoil at the helm of the state-run oil producer.Petroleo Brasileiro SA, as the company is formally known鈥

AqualisBraemar Takes Care of Petrobras Shuttle Tankers' DP

Feb 25, 2021

Brazilian national oil company Petrobras has hired AqualisBraemar to perform DP acceptance and annual trials for their DP shuttle tanker fleet operating in Brazil over the next three years.Under the contract, AqualisBraemar will carry out trials鈥

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