Agreement to Sell Petrobras Chile is Signed Jul 25, 2016Petrobras has announced that it has signed a sale and purchase agreement with the Southern Cross Group for 100% of Petrobras Chile Distribuición Ltda...
Early Termination of Brazil Offshore Contract Jun 2, 2016Subsea 7 S.A. has announced the early termination of the day-rate contract for Subsea 7’s Pipelay Support Vessel (PLSV),
Seven Mar, working for Petrobras...
New Petrobras CEO Pedro Parente Capable of Facing “Perfect Storm” Say Analysts May 20, 2016Thursday May 19, Brazil’s interim President Michel Temer appointed Pedro Parente as CEO and president of Petrobras, Brazil’s state controlled oil giant.
By Peter Howard Wertheim
Extension of Concession Contracts for the Marlim and Voador Fields May 18, 2016Petrobras reports that it has signed an extension of the concession contracts for the Marlim and Voador fields with the Brazilian National Petroleum Agency (ANP)...
Approval of Sale of Petrobras Argentina May 13, 2016Petrobras has announced that its Board of Directors have approved the sale of its entire 67.19% stake in Petrobras Argentina (PESA)...
Oil and Natural Gas Production in April May 7, 2016Petrobras total oil and natural gas production in April amounted to 2.69 million barrels of oil equivalent per day (boed), of which 2.50 million boe were produced in Brazil...
Sale of Petrobras Argentina May 4, 2016Petrobras has completed negotiations with Pampa Energía on the main terms and conditions of the sale of its stake in Petrobras Argentina (PESA)...
Petrobra Sale of Distribution Assets in Chile May 4, 2016Petrobras has completed negotiations with the Southern Cross Group on the main terms and conditions for the sale of 100% of Petrobras Chile Distribución Ltda...
Technip Awarded Logistic Base Contract Extension Apr 28, 2016Technip has signed a 4-year extension of its 5-year initial contract signed in January 2011 with Petrobras S.A. for its Flexible Pipes Logistic Base (BAVIT)...
Positive Production Test of Gavea Appraisal Well in Brazil Apr 19, 2016Statoil, together with operator Repsol Sinopec and partner Petrobras, reports the completion of the Gavea A1 well in the ultra-deep pre-salt block BM-C-33 in the Campos basin in Brazil.
Aker Solutions Signs Subsea Services Contract With Petrobras Apr 15, 2016Aker Solutions has secured an agreement to provide maintenance and other services for subsea facilities at Petrobras-operated oil and gas fields offshore Brazil.
Industry Project on Subsea Processing Pumping Standardization Mar 9, 2016A joint industry project (JIP) to standardize subsea processing systems has been kick-started by DNV GL with industry partners Petrobras, Shell, Statoil and Woodside...
Fugro to deploy new-build Fugro Aquarius for Petrobras contract Feb 25, 2016Fugro has been awarded an inspection, repair and maintenance (IRM) contract by Petrobras in Brazil. Under the contract Fugro will deploy its new 83-metre ROV support vessel,
Petrobras reports adjustments to the 2015-2019 business and management plan Jan 14, 2016Petrobras says that its Board of Directors has approved certain adjustments to the 2015-2019 Business and Management Plan (2015-2019 BMP).
Petrobras concludes sale of interest in Gaspetro Dec 29, 2015Petrobras has concluded the sale of a 49% interest in Petrobras Gás S.A. (Gaspetro) to Mitsui Gás e Energia do Brasil Ltda (Mitsui-Gás).
