Petrobras | Egypt Oil & Gas - Part 9
Moody’s Downgrades Petrobras to Junk Status
Brazil's state-run oil company Petrobras' debt was downgraded to junk status on Tuesday by Moody's Investors Service.
First Drilling and Testing Completed in Libra Area Offshore Brazil
Petrobras announces that the Libra Consortium has drilled and tested the first appraisal well in the Libra area, 3-BRSA-1255-RJS (3-RJS-731), known as NW1. Located in the Northwest portion of the Libra block, which s ... Petrobras Board Elects New CEO, Executive Officers
The Petrobras board of directors has elected Aldemir Bendine as CEO. He succeeds Maria das Graças Silva Foster, who will also be leaving the company’s board of directors.
Petrobras CEO Resigns
Maria das Gracas Foster, chief executive officer of Petroleo Brasileiro SA (Petrobras) since 2012, has resigned along with five other senior executives. Petrobras Starts Deepwater Production in Gulf of Mexico
Petrobras announces the start of production at the Lucius field today. The field is located approximately 236 miles (380 km) southwest of Port Fourchon, Louisiana, in water depths of 7,086 feet (2,160 m). Petrobras Falls Short of Oil Production Target
Brazil's state-run oil company says it failed to reach its year-end production target even though its daily oil output increased 5.3 percent in 2014. Second Deepwater Oil Discovery Confirmed Offshore Brazil
Petrobras has confirmed a second oil find in the Fanfan area in the deepwater Sergipe-Alagoas basin offshore Brazil.
Petrobras finds oil in the third well drilled in the Santos Basin
Petrobras has announced the discovery of good quality oil in the third well drilled in the Santos Basin pre-salt cluster's Sul de Guara region. According to the Rights Transfer contract, Petrobras is entitled to prod ... 
