©Agência Petrobras - Flávio EmanuelShareholders in Brazil's Petrobras have elected José Mauro Coelho to the firm's board, according to a source with direct knowledge of the matter, paving the way for the government technocrat to take the helm of the state-run oil company…
Stockholm-based Maha Energy AB remains interested in purchasing Petrobras' stake in the Tartaruga oil field in northeastern Brazil after the company's first attempt at buying the asset was unsuccessful, Victoria Berg, the company's investor relations officer…
Brazilian state-run oil company Petrobras on Thursday formally elected Jose Mauro Coelho as its chief executive for a one-year term, ending weeks of turmoil in which the government struggled to fill the top position.Coelho, a government technocrat…
Brazilian oil company Petrobras has restarted the sale process of its stake in the Tartaruga field, located in shallow waters of the Sergipe-Alagoas Basin, State of Sergipe, Brazil.The oil firm had in August 2020 launched the binding phase for the sale of its entire stake in the Tartaruga field…
Energy consultant Adriano Pires has backed out of the Brazilian government's nomination for him to take the helm at Petrobras, the country's Mines and Energy Ministry said on Monday, in the latest blow to succession plans at the state-run oil company…
Brazilian Economy Ministry official Caio Mario Paes de Andrade has emerged as a strong candidate to lead state-run oil company Petrobras, after energy consultant Adriano Pires declined the government's nomination, a government official told Reuters on Tuesday…
Brazilian oil company PetroRio SA is close to agreeing on terms to purchase the Albacora Leste field from state-run oil company Petrobras, two sources with knowledge of the matter told Reuters, though talks around the neighboring Albacora field are proving more complex…
Brazilian President Jair Bolsonaro has tapped a well-known academic and energy consultant as the next head of state-run oil company Petrobras, effectively ending the tenure of current CEO Joaquim Silva e Luna less than a year after he was appointed…
Brazilian oil company Petrobras has lost a $400 million case against Paragon Offshore Nederland, a former supplier of offshore drilling rigs for oil and gas exploration.Petrobras said Thursday that the Court of Justice of Rio de Janeiro decided…
Brazil's government on Wednesday tapped Jose Mauro Coelho, a high-ranking technocrat with expertise in the nation's oil and gas sector, as the next chief executive of state-run oil company Petrobras.The appointment comes amid a hectic several days for Petroleo Brasileiro SA…
Brazil's government has appointed former Petrobras executive Rodolfo Landim to chair the state-controlled oil producer's board, the company said in a filing on Saturday night.Earlier in the day, Admiral Eduardo Bacellar Leal Ferreira told Reuters…
Brazil state-run oil company Petrobras said on Monday its executive management had approved the closing of the competitive process for a 50% stake in Marlim oil field, confirming that the cluster is no longer for sale.'Considering the alignment…
Tanker operator AET named its new shuttle tanker Eagle Colatina earlier this week in South Korea.The vessel is the first of three purpose-built Suezmax dynamic positioning (DP2) shuttle tankers for a long-term charter to the Brazilian oil company…
Norwegian offshore support vessel owner Siem Offshore said Monday a Brazilian court had ruled in favor of Petrobras in a case related to a late vessel delivery in 2015.'Siem Offshore do Brasil has been notified of the final unfavorable decision…
Brazilian oil firm Petrobras last Friday signed a contract with its Chinese partner CNOOC for the assignment of 5% of its interest in the Búzios field, in the Santos Basin pre-salt area, offshore Brazil.The agreement is the result of the option to purchase an additional share…
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