Search for Petrobras

09.04.2014 Swedish Aker Solutions to supply subsea manifolds to Petrobras

Aker Solutions won a contract worth more than USD 300 million from Petrobras to supply eight manifolds that alternately inject water and gas to increase oil recovery from Brazil's deepwater offshore fields, Aker Solutions’ press office said on April 9.

01.04.2014 Petrobras' Brazil production up slightly in February

Brazil's state-run oil company, Petroleo Brasileiro SA, said on March 31 its oil and natural gas output in Brazil rose 0.3 percent in February from January despite some temporary stoppages at platforms in the Santos Basin, Reuters has reported.

18.03.2014 Brazil’s Petrobras reportedly to cut diesel import in 2014

Brazil's state-run oil company Petrobras is likely to import an average of 150,000 to 160,000 barrels per day (bpd) of diesel fuel in 2014, as much as 14 percent less than the 174,000 bpd average in 2013, an industry source with direct knowledge of the situation told Reu

11.03.2014 Petrobras confirms discovery of good quality oil in Transfer of Rights area

Petrobras announces that it has completed drilling two wells located in the Transfer of Rights area, at Santos Basin. Results have confirmed the discovery of good quality oil in the  pre-salt reservoirs referred to as Florim and Entorno de Iara.

27.02.2014 Brazil’s Petrobras comes up with long-term plan

Petrobras Board of Directors has approved the 2030 Strategic Plan (2030 SP) and the 2014–2018 Business and Management Plan (2014-2018 BMP), Petrobras’s press office said on February 26.

03.02.2014 Brazil’s Petrobras domestic crude oil output down 2.5% in 2013

Brazilian state-controlled oil giant Petrobras produced an average of 1.93 million barrels of crude per day at its domestic fields last year, down 2.5 percent from 2012, the company said on January 31, EFE has reported.

03.02.2014 Argentina’s YPF buys Petrobras stake in Puesto Hernandez block

Argentine state-controlled oil company YPF said it acquired the stake it did not already own in a block in the country's western region from Brazilian energy giant Petrobras, EFE reported on February 1.

28.01.2014 Consortium to invest up to $500 million in Brazil’s Libra oil field

Brazil's state-run oil company Petroleo Brasileiro SA said that a consortium led by it would invest $400 million to $500 million this year in Brazilian offshore oil field Libra, as part of its efforts to generate revenue from its lucrative deepwater deposits, China Daily

17.01.2014 Sete Brasil to borrow $3.7 Billion to Build Rigs for Petrobras

Sete Brasil Participacoes SA, the closely held oil-rig supplier that counts Petroleo Brasileiro SA (PETR4) and Banco BTG Pactual SA (BBTG11) among its stakeholders, was approved for an 8.8 billion reais ($3.7 billion) loan from Brazil’s development bank, Bloomberg report

15.01.2014 Petrobras denies talks to sell Libra oil stake to India’s ONGC Videsh

Brazil's state-run oil company Petroleo Brasileiro SA, or Petrobras, on January 14 "emphatically denied" that it is in talks with India's ONGC Videsh to sell part of its stake in the giant Libra offshore prospect in Brazil.