Last Thursday (Nov. 6), during a formal ceremony held in Lima, we completed the sale of 100% of the shares of our wholly-owned subsidiary Petrobras Energia Peru (PEP) to the China National Petroleum Corporation - CNPC for the sum of $2.6 billion.
Petrobras develops resistant steel to overcome the challenges of producing oil in Brazilian basins.
A Japanese-Brazilian scientific expedition in the Atlantic Ocean is investigating the Rio Grande Elevation, a giant underwater plateau in international waters. The research in the region, nicknamed the Brazilian Atlantis, and in nearby areas, may help to clarify a number of episodes in the planet’s history, change maritime boundaries and influence the production of mineral resources.
Radical Change - the enormous global change taking place around the world.
Find out how Petrobras created a cost reduction program that accelerated its pre-salt production schedule and generated savings of US$344 million in 2013.
Three panel discussions about the subject of energy took place at the 17th edition of the World Economic Forum (WEF), which was held from January 22 to 25 in Davos, Switzerland.
Entrepreneurial culture and innovation have generated a kind of contemporary Renaissance with the creation of technology hubs across the world. From Silicon Valley in the USA to the Federal University of Rio de Janeiro Technology Park in Brazil, these centers of intelligence have surprised people with the expansion in technologies that are driving society’s development.
The most productive oil wells in Brazil are in the pre-salt. Located in the Sapinhoá field, in the Santos Basin, the best well in the country produces an average of 34,000 barrels per day. The well is one of four interconnected to FPSO Cidade de São Paulo, which reached its maximum capacity - 120,000 barrels per day - in July, with only four wells. FPSO is the English acronym for floating oil production, storage, and offloading platform.
Read the announcement made on Friday (Aug. 08) about our income in the first half of this year.
Oil production in the fields that we operate in the province known as the pre-salt, in the Santos and Campos Basins, surpassed the 500-thousand-barrel-per-day (bpd) mark, topping-out at 520,000 bpd in June 24 and setting a new daily output record. Of this amount, 78% (406,000 bpd) correspond to our portion, while the rest to that of our partner companies in the several areas of production from the pre-salt layer.