She had been serving as the President of Petrobras Distribuidora S.A. since May 2006. Previously, she had performed as the President of Petroquisa, a position she took over in September 2005. In that period...
The amount of R$ 2,194 million to be distributed, corresponding to a gross value of R$ 0.50 per common and preferred shares, is being accrued in our Financial Statements on September 30, 2007 and will be disbursed by March 31, 2008, based on the shareholding position as of October 05, 2007.
These tests confirmed the light oil discovery made via the pioneering well, as announced to the market on July 11 2006. The Tupi area is located in Block BM-S-11, which is operated by Petrobras (65%) in a consortium with BG Group (25%) and Petrogal – GALP ENERGIA (10%) as partners...
he Company will be the operator of the RC-06 and RC-07 blocks with participation of 40% in each. The other participants in the consortium are Ecopetrol (30%) and Hess Corporation (30%)
The area the discovery was made in is contained in Block C-M 273, which the ANP intends to include in the list of blocks to be offered in its 9th Round of Bidding, the public notice for which is expected to be published next September 18.
The Company was a finalist for the second year in a row in these awards, which are aimed at the biggest global energy industry organizations. The awarding ceremony was held yesterday, September 12, in London.
Preliminary geological studies indicate the accumulation’s total area may reach more than 26 km², holding an estimated in-place volume of some 1.4 billion barrels of oil equivalent. Additional studies are being carried out to define this new field’s production development project...
This new positive result reaffirms the historic moment oil exploration is going through in Brazil, particularly in this deep water area in the Santos Basin...
A second well (1-RJS-646) started being drilled on May 7 2007, 10 kilometers away from the pioneer well (1-RJS-628). It was concluded on July 24 and proved the discovery well’s oil-bearing reservoirs continued Southeast wardly...