Novonor (Formerly Odebrecht) And Petrobras Resolve Issues Through Signing Of Closure Agreement (TEP)

Written by Roberta Souza

Published on 31/03/2022 at 19:41

Foto: Reprodução Google Imagens (via CRA-CE)

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The Termination Of Pending Issues (TEP) Aims To Conclude Four Contractual Issues Between Petrobras And The Former Odebrecht, Now Novonor

On March 31, the Petrobras board of directors approved the signing of the Termination Of Pending Issues (TEP) with Novonor, which is the former Odebrecht. This term aims to definitively resolve four contractual disputes through payment of amounts by Novonor to the state-owned company. Among them, three were undergoing discussion in arbitration proceedings.

According to the virtual news outlet Broadcast, Petrobras – which is in the process of negotiating oil fields – stated that it plans, upon signing the TEP, to regularize the effects for both companies resulting from the leniency agreement signed in 2018 by entities participating in the Novonor Group with the Comptroller General of the Union and the Attorney General’s Office.

In this regard, Petrobras states: “Petrobras will proceed with the actions of administrative improbity against companies of the Novonor/Odebrecht Group, seeking full restitution of the damages identified due to the illicit acts revealed by Operation Lava Jato, but, in honoring the Leniency Agreements, while they are in effect, will not seek punitive or precautionary measures against these companies.”

ARTICLE CONTINUES BELOW

Oil: Petrobras And PetroRio Discuss Negotiations Of Albacora And Albacora Leste; With The Sale Of The Second Field More Advancing

Petrobras is undergoing a process of bilateral negotiations with PetroRio to sell the oil fields of Albacora and Albacora Leste since November of last year. The transaction in question may end up being one of the last divestments – a step the company has taken with many mature fields – broad moves from Petrobras before the presidential elections in October. On the other hand, this would also be a significant and transformative deal for PetroRio, which is headquartered in Rio de Janeiro.

Thus, according to information from Reuters published by InfoMoney, PetroRio, which has innovated with a systemfor generating gas energy, is showing signs of agreeing to the terms of Petrobras’ deal for acquiring the Albacora Leste field. However, regarding the Albacora field, the rumors are more discouraging, as discussions about it are proving to be more complex. Both Petrobras and PetroRio declined to comment on the negotiations. To learn more about business between the state company and other firms, such as Novonor, click here and read the full article.

Due To The Controversies Surrounding Fuel Prices, Government Decides To Dismiss Joaquim Silva And Luna, President Of Petrobras. A New Person To Hold The Position Has Already Been Chosen

On the afternoon of Monday, March 28, President Jair Bolsonaro decided to dismiss Joaquim Silva And Luna, president of Petrobras. According to information from the newspaper O Globo, the reason for the decision, which has already been mentioned previously as a possibility, is the pressure that the state company is under due to increases in fuel prices.

In recent weeks, the adjustment of fuel prices at refineries was responsible for the price of gasoline to increase by 18.7%, and diesel by 24.9%. In this context, from February 2021 to February 2022, the IPCA for fuels, that is, the main inflation indicator in the country, saw a jump of 33%. Gasoline increased by 32%, ethanol by 36%, and diesel by 40%, corresponding to values far exceeding the general index, which stands at 10.54%. Finish the reading this other article from CPG by clicking this link.

Novonor (Formerly Odebrecht) And Petrobras Resolve Issues Through Signing Of Closure Agreement (TEP)

The Termination Of Pending Issues (TEP) Aims To Conclude Four Contractual Issues Between Petrobras And The Former Odebrecht, Now Novonor

Oil: Petrobras And PetroRio Discuss Negotiations Of Albacora And Albacora Leste; With The Sale Of The Second Field More Advancing

Due To The Controversies Surrounding Fuel Prices, Government Decides To Dismiss Joaquim Silva And Luna, President Of Petrobras. A New Person To Hold The Position Has Already Been Chosen

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Novonor (Formerly Odebrecht) And Petrobras Resolve Issues Through Signing Of Closure Agreement (TEP)

The Termination Of Pending Issues (TEP) Aims To Conclude Four Contractual Issues Between Petrobras And The Former Odebrecht, Now Novonor

Oil: Petrobras And PetroRio Discuss Negotiations Of Albacora And Albacora Leste; With The Sale Of The Second Field More Advancing

Due To The Controversies Surrounding Fuel Prices, Government Decides To Dismiss Joaquim Silva And Luna, President Of Petrobras. A New Person To Hold The Position Has Already Been Chosen

With billions in loans, China is rebuilding Nigeria’s railway network from scratch, abandoning the British colonial tracks that have turned to scrap and creating a corridor of over 1,300 km to take the load off the roads of Africa’s largest economy.

A British company has installed in the middle of the ocean the world’s first floating platform that generates electricity 24 hours a day from the temperature difference between the surface and the depths of the Atlantic, without relying on wind or sun.

China is building an artificial island in the middle of the sea, covering 20 km², to construct the largest offshore airport in the world, the Dalian Jinzhouwan. This $4.3 billion project is anchored on more than 3,000 pillars embedded in the rock beneath the ocean and is scheduled to open in 2035.

Forget petroleum-based asphalt: a Scottish company transforms 684,000 plastic bottles into one kilometer of road that is 60% more resistant and up to 10 times more durable, and the technology has already started replacing traditional asphalt in more than 30 countries.

A robot named Walter does the work of five bricklayers per hour and can save the construction industry, where the average age of professionals is 46 years and almost no one wants to learn the trade anymore, in the United Kingdom.

Austrian engineers have developed an inflatable concrete technology that transforms flat slabs into domes using only air pressure, eliminating scaffolding and temporary forms, and potentially changing the way bridges, tunnels, and curved roofs are constructed worldwide.

The James Webb telescope spotted a planet 700 light-years from Earth with mornings full of sand clouds and nights with clear skies, the temperature difference between the two hemispheres reaches an impressive 170 degrees.

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Black Hawk helicopter carries 24 basalt rocks weighing up to 2 tons through narrow Australian valleys to rebuild a 100-year-old dam, after floods destroyed the structure and forced engineers to transform the aircraft into a flying crane.

At 30 km altitude and nearly 7,000 km/h, the 14-X demonstrator of the Brazilian Air Force tested a scramjet engine without moving parts in Alcântara, in a project with the ambitious goal of reaching Mach 10, which has just received a historic investment of R$ 93 million from Finep.

A window-sized device, without electricity or filters, managed to extract potable water from the dry air of Death Valley using only sunlight, in an MIT study published in Nature Water that gives new impetus to a technology crowned with the Nobel Prize in Chemistry in 2025.

Giant Boeing 777 model receives official Boeing paint, cut-out windows, and functional lights, but first flight with final look reveals landing gear problem, lost tire, and battery adjustments until achieving perfect landing.