Petrobras | Egypt Oil & Gas - Part 6
Brazil’s Petrobras Notes Record High Oil & Gas Outputs
Brazilian state-run oil company, Petroleo Brasileiro SA (Petrobras) has declared that new wells have helped push oil and natural gas output to a record high in June 2016 after falling to two-year lows in recent month ...
Brazil to Auction 4 Sub-Salt Areas in 2017
According to the Incoming Secretary of oil and gas at Brazil’s Ministry of Energy, Marcio Felix, the Brazilian government has announced its plans to hold its second auction of four sub-salt exploration and production ...
Petrobras Kicks Off Sale of Non-Essential Assets
Brazil's Petrobras, the world's most indebted oil firm, has kicked off the sale of a network of liquefied natural gas (LNG) terminals and thermal power plants.
New Petrobras’ CEO to Recover Company’s Credibility
The new president of Petrobras, Pedro Parente, said during his swearing in ceremony that to improve the company’s performance, the oil giant needs to restore its credibility and recover its economic, financial and so ... Petrobras Renews Two Offshore Leases for 27 Years
Brazilian petroleum regulator ANP said that it extended state-run oil company Petrobras' concessions to explore and produce oil from the Marlim and Voador offshore fields for 27 years, to 2052.
Brazil’s Petrobras Signs Credit Line with China Exim Bank
Brazil's state-run oil firm Petrobras signed a preliminary deal with the Chinese lender China Exim Bank for a $1b loan, before originally planned as its debt service costs surge in the coming years amid the worst oil ...
Brazil’s Petrobras Reduces Costs Affecting Up to 12,000 Jobs
Brazil’s troubled state-run oil company Petrobras announced a beefed up voluntary layoff program that could affect up to 12,000 jobs amid intense efforts to cut costs. Brazilian Petrobras Selling Offshore Fields Worth $2b
Brazil's state- owned oil company Petrobras is marketing offshore oil and natural gas fields worth as much as $2b as part of its plan to sell assets and pay down debt. The company also aims to raise $14.4b from asset ...
