Petrobras is an international business and it operates across 25 countries.
Petrobras did not immediately comment,
nor did Brazil's Mines and Energy Ministry.
With this, Petrobras triggered a major competition between TechnipFMC,
Aker Solutions and OneSubsea.
Petrobras' current goal is to bring that ratio down to 1.5 in 2020.
Alibaba(China), Nokia(Finland) and even Petrobras(Brazil) are all foreign companies
traded in the U.S. stock market.
In its statement, Petrobras said it expected to produce 2.8 million boe/d in 2019.
We look forward to helping Petrobras optimise and extend the life of these assets.”.
We look forward to helping Petrobras optimize and extend the life of these assets.".
Petrobras shares were down 13 percent in early afternoon trading,
pulling Brazil's wider Bovespa index into negative territory.
Petrobras shares were down 13 per cent in early afternoon trading,
pulling Brazil's wider Bovespa index into negative territory.
Petrobras said in a statement the board would choose
an interim CEO on Friday and other top executives would remain.
During his speech,
President Temer highlighted the recoveries of state-owned companies during his administration and cited Petrobras as an example.
Petrobras took charges of around 11.4 billion reais
in the fourth quarter for various impairments and money put aside as judicial contingencies.
He has floated the idea of privatizing Petrobras and has indicated that he will champion a market-friendly approach if he wins.
Still, much is up in the air, particularly in the two blocks where Petrobras has not exercised preferential rights:
Sepia and Atapu.
In early February, TechnipFMC was awarded a large engineering, procurement,
construction and installation contract by Petrobras for the Mero 1 pre-salt field.
In a securities filing, Petrobras, as the firm is commonly known,
said second quarter net profit came to 18.87 billion reais($4.92 billion).
Petrobras purchased half the refinery in 2006 and by 2012 was its sole
owner, having sunk more than $1 billion into the plant.
Earlier this year Petrobras named C.S.E. the best supplier for onshore
and offshore maintenance and HSSE, highlighting its focus on customers and excellence.
Trafigura said in a statement that
its management had no knowledge of any improper payments made to employees of Brazil's state-run oil firm Petrobras.
Petrobras' total production of oil
and natural gas was 2.63 million barrels of oil equivalent per day(boe/d), with 101,000 boe/d produced abroad, it said.
Presidential right-wing frontrunner Jair Bolsonaro has said little about the oil sector,
although as a congressman he once voted against easing Petrobras' oil monopoly.
Petrobras CEO Castello Branco has stressed that this does
not mean a change in the company's policy, which is focused on investments in the country.
Petrobras had claimed that it was owed as much as $30 billion, while some officials said Petrobras in fact owed money to the state.
Petrobras earlier this year sold a 25 percent stake in Roncador,
one of Brazil's largest oil fields, to Norway's Equinor ASA for about $2 billion.
ANP's director, Dirceu Amorelli, said in a statement issued by the agency that, with the hearing,
the ANP gave transparency to the negotiations with Petrobras.
A billion-dollar corruption
scandal buffeted state-run oil company Petrobras, and President Dilma Rousseff was removed
from office in an impeachment trial just days after the Olympics closed.
SBM said late on Thursday it would pay approximately $189 million to the Brazilian authorities and
state oil company Petrobras in fines and compensation for damages.
Petrobras is also working on the revitalization of the Marlim field,
with plans to charter two new FPSOs to replace seven older rigs in the area.
Guedes did not go into details about the accord,
and the source declined to comment on the exact value that Petrobras would receive from the government.