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Petroleo Brasileiro SA Petrobras (PETR4.SA)

PETR4.SA on Sao Paulo Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Petrobras Posts Expiration And Expiration Date Results Of Its Any And All Outstanding Notes
Tuesday, 19 Mar 2019 

March 19 (Reuters) - Petroleo Brasileiro SA Petrobras ::PETROBRAS ANNOUNCES EXPIRATION AND EXPIRATION DATE RESULTS OF ITS ANY AND ALL OFFER.PETROLEO BRASILEIRO SA PETROBRAS - SETTLEMENT DATE WITH RESPECT TO OFFER WILL OCCUR PROMPTLY FOLLOWING EXPIRATION DATE & EXPECTED TO OCCUR ON MARCH 21.  Full Article

Petrobras Announces Offering Of USD-Denominated Global Notes & Commencement Of Cash Tender Offers
Tuesday, 12 Mar 2019 

March 12 (Reuters) - Petroleo Brasileiro SA Petrobras ::PETROBRAS ANNOUNCES OFFERING OF U.S. DOLLAR-DENOMINATED GLOBAL NOTES AND COMMENCEMENT OF CASH TENDER OFFERS.PETROLEO BRASILEIRO SA PETROBRAS - UNIT BEGAN OFFERING NEW SERIES OF U.S.-DOLLAR DENOMINATED GLOBAL NOTES, ADDITIONAL 5.750% GLOBAL NOTES DUE 2029.PETROLEO BRASILEIRO SA PETROBRAS - INTENDS TO USE NET PROCEEDS TO REPURCHASE NOTES VALIDLY TENDERED AND ACCEPTED FOR PURCHASE BY PGF IN TENDER OFFERS.PETROLEO BRASILEIRO SA PETROBRAS - NEW MONEY NOTES WILL BE UNSECURED OBLIGATIONS OF PGF AND WILL BE FULLY AND UNCONDITIONALLY GUARANTEED BY PETROBRAS..  Full Article

Brazil's Petrobras Says Began Binding Process For Oil Field Rio Grande Do Norte- Filing
Tuesday, 12 Mar 2019 

March 11 (Reuters) - Petroleo Brasileiro SA Petrobras ::BRAZIL'S PETROBRAS SAYS BEGAN BINDING PROCESS FOR OIL FIELD RIO GRANDE DO NORTE- FILING.  Full Article

Transocean Ltd. Announces Contract Award For Ocean Rig Corcovado And Ocean Rig Mykonos
Monday, 11 Mar 2019 

March 11 (Reuters) - Transocean Ltd ::TRANSOCEAN LTD. ANNOUNCES CONTRACT AWARD FOR OCEAN RIG CORCOVADO AND OCEAN RIG MYKONOS.TRANSOCEAN LTD - ESTIMATED FIRM CONTRACT BACKLOG, EXCLUDING MOBILIZATION, IS APPROXIMATELY $123 MILLION AND $118 MILLION, RESPECTIVELY.TRANSOCEAN - RIGS ARE EXPECTED TO COMMENCE WORK IN BRAZIL IN NOV 2019 AND CONTRACTS INCLUDE PRICED OPTIONS FOR 680 DAYS AND 815 DAYS, RESPECTIVELY.  Full Article

Petrobras concludes sale of fuel distribution business in Paraguay
Saturday, 9 Mar 2019 

March 8 (Reuters) - Petroleo Brasileiro SA Petrobras ::BRAZIL'S PETROBRAS CONCLUDES SALE OF FUEL DISTRIBUTION OPERATION IN PARAGUAY TO GRUPO COPETROL - FILING.PETROBRAS SAYS RECEIVED $331.5 MILLION AT CONCLUSION OF SALE; TOTAL VALUE OF DEAL AT $380.8 MILLION - FILING.  Full Article

BW Offshore Entered Into Agreement To Acquire 70 Pct Of Maromba Field Offshore Brazil
Saturday, 9 Mar 2019 

March 8 (Reuters) - Bw Offshore Ltd ::BW OFFSHORE: ACQUISITION OF MAROMBA FIELD OFFSHORE BRAZIL.HAS ENTERED INTO AGREEMENT TO ACQUIRE 70% OF MAROMBA FIELD OFFSHORE BRAZIL FOR TOTAL ACQUISITION COST OF $90 MILLION FROM PETROBRAS.ACQUISITION PRICE WILL BE PAID OVER THREE MILESTONES AS DEVELOPMENT PROGRESSES TOWARDS FIRST OIL.ACQUISITION OF REMAINING 30% FIELD INTEREST IS PENDING BOARD APPROVAL BY CHEVRON.  Full Article

BW Offshore may buy Brazil's Maromba oil field
Monday, 4 Mar 2019 

March 4 (Reuters) - BW Offshore Ltd ::CONTEMPLATING FIELD ACQUISITION OFFSHORE BRAZIL.IS CONTEMPLATING TO ENTER INTO AGREEMENTS TO ACQUIRE 100% OF MAROMBA FIELD OFFSHORE BRAZIL FROM PRESENT OWNERS PETROBRAS (70%) AND CHEVRON (30%).CLOSING OF ACQUISITION IS SUBJECT TO BOARD APPROVALS AND FULFILMENT OR WAIVER OF CONDITIONS PRECEDENTS.MAROMBA FIELD IS LOCATED OFF BRAZILIAN COAST IN CAMPOS BASIN IN 160 METRES OF WATER DEPTH, WHERE BW OFFSHORE HAS EXTENSIVE OPERATING EXPERIENCE.COMPANY WILL PROVIDE FURTHER INFORMATION UPON SIGNING OF AGREEMENTS.  Full Article

DOF Subsea And TechnipFMC Announce Delivery Of Skandi Olinda And Commencement Of Contract With Petrobras
Tuesday, 19 Feb 2019 

Feb 18 (Reuters) - Dof Asa ::DOF SUBSEA AND TECHNIPFMC ANNOUNCE THE DELIVERY OF SKANDI OLINDA AND COMMENCEMENT OF CONTRACT WITH PETROBRAS.UNDER DOF/TECHNIPFMC JOINT VENTURE AGREEMENT, TECHNIPFMC WILL MANAGE FLEXIBLE PIPELAY.UNDER DOF/TECHNIPFMC JOINT VENTURE AGREEMENT, DOF WILL BE RESPONSIBLE FOR MARINE OPERATIONS.SAYS SKANDI OLINDA HAS COMMENCED ITS 8-YEAR CHARTER CONTRACT WITH PETRÓLEO BRASILEIRO S.A..  Full Article

TechnipFMC And DOF Subsea Announce Delivery Of Skandi Olinda, Commencement Of Contract With Petrobras
Tuesday, 19 Feb 2019 

Feb 18 (Reuters) - TechnipFMC PLC ::TECHNIPFMC AND DOF SUBSEA ANNOUNCE THE DELIVERY OF SKANDI OLINDA AND COMMENCEMENT OF CONTRACT WITH PETROBRAS.TECHNIPFMC PLC - SKANDI OLINDA HAS COMMENCED ITS 8-YEAR CHARTER CONTRACT WITH PETRÓLEO BRASILEIRO S.A.  Full Article

Equinor's Brazil chief sees room to boost profitability of fields
Wednesday, 6 Feb 2019 

LONDON, Feb 6 (Reuters) - Equinor's chief for operations in Brazil, Margareth Oevrum, told a capital markets day on Wednesday::EQUINOR'S BRAZIL CHIEF: BREAK-EVEN PRICE OF NON-SANCTIONED BRAZILIAN PROJECTS IS BELOW $40/BARREL, "WE HAVE AMBITIONS TO LOWER IT FURTHER".EQUINOR'S BRAZIL CHIEF: AT BRAZIL'S RONCADOR FIELD, WE ARE CONFIDENT WE CAN BOOST RECOVERY AT FIELD.EQUINOR BRAZIL CHIEF: RONCADOR'S RECOVERY RATE IS 29 PERCENT, LONG-TERM AMBITION IS 40 PERCENT.EQUINOR'S BRAZIL CHIEF: AT CARCARA FIELD, THERE IS POTENTIAL TO LOWER BREAK EVEN FURTHER FROM CURRENT LEVEL OF BELOW $35/BARREL.  Full Article

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Petrobras halts P-25 platform in Albacora field due to pipeline leak

RIO DE JANEIRO Brazil's state-run oil producer Petroleo Brasileiro SA said on Monday it had halted production at its P-25 platform in the Albacora offshore field, after detecting a leak in a pipeline.