Здравствуйте. Вся информация этого сайта бесплатна. Вы можете сделать пожертвование и поддержать наше развитие. Спасибо.

Hello. All information of this site is free of charge. You can make a donation and support our development. Thank you.

2016-12-22 15:45:00

PETROBRAS SELLS ASSETS

PETROBRAS SELLS ASSETS

REUTERSPetroleo Brasileiro SA said on Wednesday it will sell $2.2 billion worth of assets to France's Total SA, including stakes in oilfields and two thermal power stations. 

Petrobras, as the state-run company is known, will receive $1.6 billion in cash in 60 days, when the agreement closes, Chief Financial Officer Ivan Monteiro said in a press briefing. The rest will be received over time. 

With the agreement, the total divestment for the last two years ending in 2016 reached $13 billion, Monteiro said, still $2 billion short of the target the company set to reduce its $125 billion debt, the largest in the world's oil industry. 

Chief Executive Officer Pedro Parente said the remaining $2 billion may have to be added to the company's 2017 asset sale target. 

Under the agreement Total will acquire stakes in two oilfields in Brazil's so-called Subsalt Polygon, which covers most of the giant discoveries in undersea reservoirs trapped deep beneath the seabed by a layer of salt. 

The French company will get a 22.5 percent stake in prospect area Iara, currently under development in the Santos Basin. Petrobras will keep a 42.5 percent interest in the field and continue to be the operator. 

Total will buy 35 percent and operate the Lapa field, also in the Santos Basin, which began producing this week. Petrobras will keep a 10 percent stake. 

The French company will also acquire 50 percent of two thermal power stations in Bahia state. 

Parente said the two companies want a partnership beyond the mere transfer of assets. 

"This is a strategic partnership, and our goal is to reduce our exploration risk and improve the operation in the fields we own together," said Parente, who was next to Total CEO Patrick Pouyanne during the briefing. 

Petrobras and Total are already partners in 19 oil fields worldwide. 

Petrobras will have the option of acquiring up to 20 percent of oilfield Perdido Foldbelt, in Gulf of Mexico, currently owned by Total and Exxon Mobil Corp. 

Parente said the agreement with Total was authorized by Brazil's audit court, which suspended the oil company's divestment program earlier this month. 

----- 

Earlier: 

SHELL INVESTS IN BRAZIL $10 BLN 

BRAZIL SEEKS INVESTMENT 

STATOIL BUY BRAZIL: $2.5 BLN 

PETROBRAS SELLS $6.75 BLN 

BRAZIL & VENEZUELA IN SHOCK

 

 

 

 

Tags: PETROBRAS, BRAZIL, OIL, TOTAL

Chronicle:

PETROBRAS SELLS ASSETS
2017, December, 15, 12:50:00

LUKOIL'S PLAN: $50

LUKOIL - The plan is based on the conservative $50 per barrel oil price scenario. Sustainable hydrocarbon production growth is planned in the Upstream business segment along with the growth in the share of high-margin projects in the overall production. In the Downstream business segment, the focus is on the improvement of operating efficiency and selective investment projects targeted at the enhancement of product slate.

PETROBRAS SELLS ASSETS
2017, December, 15, 12:45:00

BP INVESTS TO SOLAR

BP - BP will acquire on completion a 43% equity share in Lightsource for a total consideration of $200 million, paid over three years. The great majority of this investment will fund Lightsource’s worldwide growth pipeline. The company will be renamed Lightsource BP and BP will have two seats on the board of directors.

PETROBRAS SELLS ASSETS
2017, December, 13, 12:40:00

OIL PRICE: ABOVE $64 YET

REUTERS - Brent crude was up 69 cents, or 1.1 percent, at $64.03 a barrel by 0743 GMT. It had settled down $1.35, or 2.1 percent, on Tuesday on a wave of profit-taking after news of a key North Sea pipeline shutdown helped send the global benchmark above $65 for the first time since mid-2015. U.S. West Texas Intermediate crude was up 45 cents, or 0.8 percent, at $57.59 a barrel.

PETROBRAS SELLS ASSETS
2017, December, 13, 12:35:00

RUSSIAN-TURKISH NUCLEAR

ROSATOM - On December 10, 2017, the construction start ceremony took place at the Akkuyu NPP site under a limited construction licence issued by the Turkish Atomic Energy Agency (TAEK). Director General of the ROSATOM Alexey Likhachev, and First Deputy Minister of Energy and Mineral Resources of the Turkish Republic, Fatih Donmez, took part in the ceremony.

All Publications »