ONS 2016: Petrobras CEO Pedro Pullen Parente – ‘I have a very tough life’
When Petrobras' Pedro Pullen Parente took to the stage at this year's ONS his voice was shaking.
petrobras
Petrobras voluntary redundancy program gets go-ahead for more than 6,000 staff
Petrobras said a voluntary redundancy program of more than 6,000 workers has now been accepted.
DOF, Technip vessel starts 8 year contract with Brazil’s Petrobras
Technip and DOF said today their 50/50 joint venture in Brazil has chartered out a pipe-lay support vessel to Petrobras.
Petrobras swings to profit on rising crude output, exports
A recovery in oil output and exports helped Petrobras reverse three quarters of straight losses as the Brazilian producer emerges from two years of graft investigations and falling crude prices.
Petrobras eyes selling petrochemical unit to Mexican firm
Alpek is expected to offer up to $700million for the petrochemicals arm of Petrobras' business.
Statoil nets $2.5bn stake in Santos Basin
Norwegian operator Statoil has acquired a 66% stake in the BM-S-8 offshore licence in Brazil's Santos Basin from Petrobras in a $2.5billion deal.
Petrobras to bring two FPSO online soon
Petrobras has said it is working hard to meet its production targets.
Oil worker falls to his death
A man fell 65ft to his death from a fixed platform in the Campos basin.
Petrobras signs double field extensions
Petrobras has extended its concessions contracts for the Marlim and Voador fields with the Brazilian National Petroleum Agency (ANP) until 2052.
Brazil president will face trial following corruption scandal
Brazil's Senate has voted to put President Dilma Rousseff on trial in a historic decision brought on by a deep recession and a corruption scandal.
If you like delivering bad news, Petrobras has the job for you
What used to be corporate Brazil’s top job as chief executive officer is now a tough gig to sell.
Rousseff faces key vote as her future remains on line
Senators in Brazil have started a debate on whether to oust President Dilma Rousseff, a movement that has built up steam and turned into a referendum on her leadership amid several crises facing Latin America’s largest nation.
Technip wins four-year Brazil deal
Technip has landed a contract extension with the Petrobras.
Aker wins Petrobras subsea contract
Aker Solution has won a NOK1billion deal with Petrobras for work in Brazil.
DNV GL publishes new offshore leak detection guidelines
New guidelines for leak detection systems for offshore fields has been launched by DNV GL.
Petrobras to make 12,000 voluntary redundancies by 2020
Petrobras said it has approved a voluntary layoff program to reduce its headcount by an estimated 12,000 job losses by 2020.
Seadrill cuts day rate to secure drillship deal with Petrobras
Seadrill has been awarded an 18 month contract extension for the drillship West Tellus by Petrobras after cutting its day rate.
Petrobras posts record loss as crisis deepens
Brazil's state-controlled oil company Petrobras has posted its biggest-ever quarterly loss after booking a large writedown for oil fields and other assets as oil prices slumped and refinery projects faltered.
Production halted on Petrobras FPSO after fire
Production has been halted by Petrobras on its P-48 FPSO (floating production, storage and offloading) vessel after a fire earlier this week.
Petrobras to pay $1.9billion in back taxes
Petrobras has been told it must pay $1.9billion in back taxes and fines related to deductions on its 2007 and 2008 filings.
Petrobras stock “worthless” say analysts
Petrobras’s stock is worthless and a growing group of investors believe Brazil’s state-controlled oil company will convert debt into equity in a move that will benefit bondholders over shareholders, BTG Pactual said in a research report.
Petrobras drops to 16-year low as Brazil stocks join global rout
State-controlled oil producer Petroleo Brasileiro SA sank to the lowest level since 1999 as the Ibovespa fell for a third consecutive day, joining a global market selloff.
Petrobras cuts managers to save $440 million a year in oil rout
Brazil’s state-controlled oil company is reducing management positions and streamlining operations to save $440 million a year as it navigates the worst oil market in a generation and a sprawling corruption investigation.
Norway’s sovereign fund places Petrobras under observation
Norway said its sovereign wealth fund has placed its investment in Brazil’s Petrobras under observation.
Ensco rig contract ended over allegations of corruption
Ensco said it has ended a contract with Petrobras for a drillship over allegations of corruption. The rig contractor said the Brazilian company had chartered the DS-5 in 2008, when it was owned by Pride International.