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Petrobras News

Brazil's President Bolsonaro Nominates Retired Army General as Next CEO of Petrobras

Feb 22, 2021

Brazilian President Jair Bolsonaro's nominee to lead state-run oil company Petrobras said on Saturday the company needs to find 'balance' in fuel pricing, considering the impact on shareholders, investors, sellers and consumers.Joaquim Silva e Luna鈥

Petrobras' Top Corruption Buster to Step Down

Feb 02, 2021

The chief compliance officer at Brazil's Petrobras is planning to step down in March, four people familiar with the matter told Reuters, in what would be the third exit by the state-owned oil firm's top corruption buster in three years.Petroleo Brasileiro SA鈥

Report: Keppel Submits Lowest Bid to Build FPSO for Petrobras' Buzios Field

Feb 04, 2021

A consortium led by Singapore-based Keppel Shipyard Limited offered Brazil's Petrobras the lowest price to build a floating platform for Buzios, Latin America's second-largest oil field, three people close to the competition said.Keppel offered to build P-78鈥

Report: Samsung, Hyundai, Daewoo Gearing Up for Petrobras FPSO Tender

Jan 28, 2021

Three consortia including Asian shipyards are preparing to compete to build Brazil鈥檚 Petrobras鈥 first two in-house platforms in more than seven years, according to four people familiar with the tender who declined to be named as the information is private鈥

Petrobras Sells Stake in Peroá Cluster

Feb 02, 2021

Brazilian oil giant Petrobras has agreed to sell its share in Peroá Cluster to companies OP Energia and DBO Energia for up to $55 million.Petrobras will sell its interests in the mature gas fields Peroá and Cangoá, and in the concession BM-ES-21 containing the Malombe Discovery鈥

Petrobras Strikes Oil at Urissanê Well, Off Brazil

Jan 29, 2021

Brazilian oil firm Petrobras has said it has identified the presence of hydrocarbons in the wildcat well in the block C-M-411, in the pre-salt region in the Campos Basin, off Brazil.The well 1-BRSA-1377-RJS, informally known as Urissanê, is located approximately 200 km from the coast鈥

Petrobras Divests Sete Interest

Dec 31, 2020

Brazilian oil company Petrobras has divested its stake in offshore drilling company Sete Brasil.The company on Wednesday transferred today to companies of Sete Brasil Group, for the symbolic total amount of 7 euros, the equity interest of 15%鈥

Petrobras Moves European Commercial Activities from London to Rotterdam

Dec 30, 2020

Brazilian oil giant Petrobras will concentrate its European commercial activities in Rotterdam. This will result in the transfer of Petrobras Europe Ltd.鈥檚 commercial activities from London, England to Petrobras Global Trading B.V. in Rotterdam鈥

Brazil: Petrobras receives $45M in Vitol Corruption Settlement

Dec 30, 2020

Brazilian state-run oil company Petrobras said that it had received 232.6 million reais ($44.65 million) on Tuesday in a settlement with Swiss energy trading firm Vitol, which was implicated in a sprawling national corruption probe.Petroleo Brasileiro SA鈥

Petrobras Cuts 5-year Spending Plan by 27%

Nov 26, 2020

Brazil's state-controlled oil company Petroleo Brasileiro SA cut its five-year investment plan by 27% from a year ago to $55 billion to preserve cash, as the coronavirus pandemic drove down global oil demand and prices.In a filing on Thursday鈥

Petrobras Selling 50% Stake in Marlim Cluster 云顶赌场老虎机 Brazil

Nov 16, 2020

Brazilian oil and gas company Petrobras has launched an opportunity disclosure stage (teaser) for the sale of 50% of its stakes in the offshore oil fields - known as the Marlim Cluster - in the Campos Basin, offshore Brazil.Petrobras is looking to sell stakes in the deepwater concessions of Marlim鈥

Petrobras Taps Seabed Geosolutions for 4D OBN Survey in Brazil

Nov 10, 2020

Ocean bottom seismic company Seabed Geosolutions said Monday it had secured a contract for a baseline 4D ocean bottom node (OBN) survey as well as a future 4D monitor OBN survey in Brazil for Petrobras, both covering the Sapinhoa Shared Reservoir in the Santos Basin鈥

Petrobras to Buy P-71 FPSO and Deploy It on Itapu Field

Oct 28, 2020

Brazilian national oil company Petrobras has agreed to buy the P-71 Floating Production Storage and Offloading (FPSO) vessel and use it for the development of the Itapu field.Petrobras said that the FPSO was to be used at the Tupi field, however鈥

Petrobras Launches Binding Phase for Ceará Cluster Fields Sale

Nov 04, 2020

Brazilian oil firm Petrobras has announced the start of the binding phase for the sale of its ownership in shallow-water fields in the Ceará Cluster, located in the state of Ceará, Brazil.The fields comprising the Ceara Cluster are Tuna, Curimã鈥

Petrobras' Tupi Field Output Hits Two Billion Barrels Mark

Sep 29, 2020

Brazilian oil company Petrobras has informed that the accumulated oil production from the Tupi offshore field in Brazil recently hit the 2 billion barrels of oil equivalent (boe) mark.The field, dubbed the largest deepwater oil producer in the world鈥

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