Petrobras

"We need to take measures so that, increasingly, the world understands that Brazil is a safe harbor for investment"

The state company owns 25% of the asset, operated by Maha Energy, in the Sergipe-Alagoas Basin

Oil company has been evaluating the effects of the two scenarios on the E&P business and the supply market

Maintenance contract includes five units operated by Petrobras in the Santos cluster

Move comes in wake of sky-rocketing fuel prices on the part of the federally-controlled Petrobras oil company that Pres. Bolsonaro has roundly criticized in recent weeks

The bidding proposals for the BM-S-11 are scheduled for May 18, but may be postponed

The company revealed that negotiations with Petrobras for the acquisition of the asset should start this week

By the end of the year, new exploratory wells will be drilled in blocks ES-M-596 and FZA-M-59

According to the company's CEO, Roberto Monteiro, the contract is 99.9% closed

The oil company plans to install three new platforms and drill more than 100 wells in the next five years

After first quarter results exceed market expectations, the oil company is once again the target of criticism from President Jair Bolsonaro

Petrobras suspends bidding and studies a new strategy, cites war in Ukraine