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Petroleo Brasileiro SA Petrobras (PETR4.SA)

PETR4.SA on Sao Paulo Stock Exchange

23.05BRL
14 Dec 2018
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Latest Key Developments (Source: Significant Developments)

Petrobras advances repayment of $1.35 bln in debt - filing
Friday, 30 Nov 2018 

Nov 30 (Reuters) - Petroleo Brasileiro SA Petrobras ::BRAZIL'S PETROBRAS SAYS ADVANCES PAYMENT OF $1.35 BILLION OF DEBT - FILING.PETROBRAS SAYS IT HAS PAID $500 MILLION TO BANK OF AMERICA OF DEBT DUE ORIGINALY IN 2023 - FILING.PETROBRAS SAYS IT HAS PAID $850 MILLION TO INTESA SANPAOLO DEBT DUE ORIGINALLY IN 2022 - FILING.PETROBRAS SAYS PAYMENTS ARE IN LINE WITH STRATEGY TO IMPROVE ITS DEBT PROFILE, CUT FINANCING COSTS - FILING.  Full Article

Petroleo Brasileiro SA Petrobras Clarifies On O Globo Article
Thursday, 29 Nov 2018 

Nov 29 (Reuters) - Petroleo Brasileiro SA Petrobras ::PETROLEO BRASILEIRO SA PETROBRAS - CLARIFIES ON ARTICLE BY O GLOBO UNDER “PETROBRAS PLANS TO INVEST US$ 85 BILLION OVER THE NEXT 5 YEARS”.PETROLEO BRASILEIRO SA PETROBRAS - CLARIFIES ALREADY ACHIEVED US$8.3 BILLION IN CONCLUDED CONTRACTS FOR 2017-2018 BIENNIUM, MANY PROJECTS STILL ONGOING.PETROLEO BRASILEIRO SA PETROBRAS - CLARIFIES THERE IS NO DECISION ON CO’S BUSINESS & MANAGEMENT PLAN FOR 2019-2023.  Full Article

Petrobras Confirms That CEO Ivan de Souza Monteiro Will Leave As Of January 1, 2019
Monday, 19 Nov 2018 

Nov 19 (Reuters) - Petroleo Brasileiro SA Petrobras ::PETROLEO BRASILEIRO SA PETROBRAS - CONFIRMS THAT CEO, IVAN DE SOUZA MONTEIRO, WILL LEAVE COMPANY AS OF JANUARY 1.  Full Article

Weatherford Awarded Drillpipe Riser Contract With Petrobras
Wednesday, 7 Nov 2018 

Weatherford International PLC ::WEATHERFORD AWARDED DRILLPIPE RISER CONTRACT WITH PETROBRAS.WEATHERFORD INTERNATIONAL - CONTRACT IS EXPECTED TO YIELD APPROXIMATELY $80 MILLION IN REVENUE DURING INITIAL FOUR-YEAR PERIOD.WEATHERFORD INTERNATIONAL PLC - CONTRACT WILL REPLACE A CURRENT FIVE-SYSTEM CONTRACT THAT BEGAN IN MAY 2009..  Full Article

Teekay Offshore Partners Announces Settlement Agreements With Petrobras
Monday, 29 Oct 2018 

Oct 29 (Reuters) - Teekay Offshore Partners LP ::TEEKAY OFFSHORE PARTNERS ANNOUNCES SETTLEMENT AGREEMENTS WITH PETROBRAS.TEEKAY OFFSHORE PARTNERS LP - PETROBRAS HAS AGREED TO PAY A TOTAL AMOUNT OF $96 MILLION TO TEEKAY OFFSHORE.TEEKAY OFFSHORE PARTNERS LP - REMAINING $41 MILLION OF SETTLEMENT IS TO BE PAID IN TWO SEPARATE INSTALMENTS.TEEKAY OFFSHORE - SETTLEMENT RELATES TO PREVIOUSLY-TERMINATED CHARTER CONTRACTS OF HILOAD DP UNIT AND ARENDAL SPIRIT UNIT FOR MAINTENANCE AND SAFETY.TEEKAY OFFSHORE PARTNERS LP - IN Q4 , EXPECTS TO RECOGNIZE ABOVE-MENTIONED SETTLEMENT, WHICH IS EXPECTED TO INCREASE CO'S REVENUES BY ABOUT $91 MILLION.TEEKAY OFFSHORE - AGREED TO A REDUCTION IN CHARTER RATE TOTALING ABOUT $11 MILLION, EXPECTED TO BE CREDITED TO PETROBRAS OVER REMAINING CONTRACT TERM.TEEKAY OFFSHORE PARTNERS LP - ENTERED FURTHER SETTLEMENT AGREEMENT WITH PETROBRAS ABOUT DISPUTE RELATING TO CHARTER OF PIRANEMA SPIRIT FPSO.  Full Article

Petrobras oil output in Brazil falls in September
Friday, 26 Oct 2018 

Oct 26 (Reuters) - Petroleo Brasileiro SA Petrobras ::PETROBRAS' OIL OUTPUT IN BRAZIL AT 1.88 MILLION BARRELS/DAY ON AVERAGE IN SEPT, 2 PERCENT LESS THAN IN PREVIOUS MONTH - COMPANY.PETROBRAS SAYS FALL IN OIL PRODUCTION IN SEPT DUE TO PLANNED MAINTENANCE IN 2 RIGS OPERATING IN CAMPOS BASIN.  Full Article

Brazil's Petrobras says it started oil and gas production at Lula Extremo Sul with platform P-69 - filing
Wednesday, 24 Oct 2018 

Oct 24 (Reuters) - Petroleo Brasileiro SA Petrobras ::BRAZIL'S PETROBRAS SAYS IT STARTED OIL AND GAS PRODUCTION AT LULA EXTREMO SUL WITH PLATFORM P-69 - FILING.  Full Article

Brazil's Petrobras aims to restart Replan refinery in "coming days" -Filing
Monday, 27 Aug 2018 

Aug 27 (Reuters) - Petroleo Brasileiro SA Petrobras ::BRAZIL'S STATE-RUN OIL COMPANY PETROBRAS SAYS IT HOPES TO RESTART OPERATIONS AT REPLAN REFINERY IN "COMING DAYS" -FILING.BRAZIL'S PETROBRAS SAYS INITIATES BINDING PHASE FOR SALE OF FULL STAKE IN BAUNA FIELD IN SANTOS BASIN -FILING.BRAZIL'S PETROBRAS SAYS INITIATES BINDING PHASE FOR SALE OF 50 PERCENT STAKE IN TARTARUGA VERDE AND MODULO III DO CAMPO ESPADARTE FIELDS IN CAMPOS BASIN -FILING.  Full Article

Petrobras says SBM to pay it 549 mln reais as part of leniency deal
Thursday, 26 Jul 2018 

July 26 (Reuters) - Petroleo Brasileiro SA Petrobras ::BRAZIL'S STATE-CONTROLLED OIL COMPANY PETROBRAS SAYS SIGNED LENIENCY DEAL WITH SBM OFFSHORE AND SBM HOLDING - FILING.PETROBRAS SAYS SBM TO PAY IT 549 MILLION REAIS AS PART OF LENIENCY DEAL - FILING.  Full Article

SBM Offshore Says Leniency Agreement Signed Between SBM Offshore, Brazilian Authorities And Petrobras
Thursday, 26 Jul 2018 

July 26 (Reuters) - SBM Offshore NV ::LENIENCY AGREEMENT SIGNED BETWEEN SBM OFFSHORE, BRAZILIAN AUTHORITIES AND PETROBRAS.SBM OFFSHORE - PAYMENT AMOUNTS AGREED UPON IN LENIENCY AGREEMENT ARE IN LINE WITH PROVISION MAINTAINED BY CO CORRESPONDING TO THIS INITIAL AGREEMENT.SBM OFFSHORE - UNDER THE TERMS OF THE LENIENCY AGREEMENT, CGU, AGU AND PETROBRAS COMMIT TO TERMINATE ALL OF THEIR INVESTIGATIONS AGAINST THE COMPANY.  Full Article

UPDATE 1-Brazil's Ouro Preto cuts bid for Petrobras oilfield clusters -sources

SAO PAULO/WASHINGTON, Dec 14 Ouro Preto has cut its bid for two shallow water mature oilfield clusters from Brazil's state-run oil company Petroleo Brasileiro, flagging a drop in oil prices in recent months, three sources with knowledge of the matter said.