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Petrobras ( NYSE: PBR )
Latest News & Activity
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Petrobras Makes Oily Discovery at Campos Basin Wildcat WellApril 04,2022
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Murphy Oil, Petrobras Finalize Deepwater GOM JVDecember 03,2018
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Murphy, Petrobas Join Forces for Deepwater GOM JVOctober 11,2018
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ExxonMobil, Petrobras Ink Strategic AllianceDecember 15,2017
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Statoil, Repsol Hit Hydrocarbons, Complete Appraisal of Offshore BlockApril 18,2016
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Pampas Makes $1.2 Billion Bid for Petrobras' Argentinean AssetsMarch 02,2016
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Petrobras Libra Well Confirms Pre-Salt Oil Discovery In Santos BasinFebruary 18,2016
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Petrobras CEO: Asset Sales Not Enough to Combat Debt LoadApril 28,2015
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ExxonMobil Initiates Production at Hadrian South ProjectMarch 30,2015
Deals - Petrobras Acquisitions
| Announce Date | Price($MM) | Region/Basin | Headline | |
|---|---|---|---|---|
| Jun-14-2013 |  |
South America | BTG Creates JV For African Exploration | |
| Mar-01-2007 | |
Mariner Sells Cottonwood Gulf of Mexico Interest | ||
| Total |
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Deals - Petrobras Divestiture(s)
| Announce Date | Price($MM) | Region/Basin | Headline | |
|---|---|---|---|---|
| Oct-11-2018 | |
Gulf of Mexico | Murphy, Petrobas Join Forces for Deepwater GOM JV | |
| Aug-19-2013 | |
South America | Sinochem Acquires Non-Operating Offshore Brazil Interest | |
| Aug-16-2013 | |
South America,Gulf of Mexico | Petrobras Farms-Out in Gulf of Mexico | |
| Total |
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About
We have upwards of 135 production platforms, 15 refineries, 31,000 kilometers of pipelines and more than 8,000 service stations. Our proved reserves are around 16 billion barrels of oil.
We have built a track record of overcoming challenges since 1953, when the company was created. The main one was developing technology to explore and produce oil in deep and ultra-deep waters, where upwards of 90% of our reserves are nestled. Petrobras' Research Center is the biggest in Latin America, and is in constant growth.
We undertake our activities with socioenvironmental responsibility, and that is why we are among the world's most sustainable corporations. We have been listed on the Dow Jones Sustainability Index since 2006, with the spotlight on the ongoing improvement of the corporate governance practices and on the adoption of international transparency standards
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Murphy Oil, Petrobras Finalize Deepwater GOM JV
ExxonMobil, Petrobras Ink Strategic Alliance
- Pampas Makes $1.2 Billion Bid for Petrobras' Argentinean Assets
Company Divestiture
| Announce Date | Buyer | $MM | Type | Play/Location | Details |
|---|---|---|---|---|---|
| Oct-11-2018 | |
|
JV | Gulf Of Mexico (GOM) | |
| Aug-19-2013 | |
|
Property | Brazil | |
| Aug-16-2013 | |
|
Farm-In/Farm Out | Gulf Of Mexico (GOM) | |
Company Acquisitions
| Announce Date | Seller | $MM | Type | Play/Location | Details |
|---|---|---|---|---|---|
| Jun-14-2013 | |
|
JV | Angola | |
| Mar-01-2007 | |
|
Property | Gulf Of Mexico (GOM) | |
