Petrobras Announces It Did Not Sign With Cade An Addendum to the Termination Agreement for the Refining Market

Written by Flavia Marinho

Published on 19/01/2021 at 08:02

Updated on 19/01/2021 at 08:05

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The Market Interprets That The Refining TCC Has As Its Main Obligation The Commitment Of Petrobras To Sell Refineries By The End Of 2021.

Petrobras informed in a relevant fact last night (01/19) that it has not signed the amendment to the Term of Commitment to Cessation (TCC) with the Administrative Council for Economic Defense (Cade) for the refining market. Looking for a job? 60 job openings to work at the multinational General Electric Renewable factory today

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The TCC consists of a type of agreement entered into between Cade and the companies and/or individuals investigated for infractions against the economic order.

The market interprets that the refining TCC has as its main obligation the commitment of Petrobras to fully alienate several refineries by the end of 2021.

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The state-owned company also said that, additionally, Cade approved the draft amendment of the TCC for the natural gas market to adjust the signing deadlines of Nova Transportadora do Sudeste S.A. (NTS) and Petrobras Gás S.A. (Gaspetro) from December 31, 2020, to April 30, 202.

In the note, Petrobras states that the signing of the amendments will follow the governance processes of approval by the competent bodies of Petrobras. “The company reinforces its commitment to the broad transparency of its divestment projects and the management of its portfolio,” highlighted the oil company in the clarification note.

Petrobras Informs That It Will Receive Proposals For The Construction Of Platforms P-78 And P-79 On February 1

Petrobras informed in a relevant fact on 01/15 that in continuation of its development strategy for the Búzios field, in the pre-salt of the Santos Basin, Petrobras will receive, on February 1, proposals from pre-qualified companies for the bidding of the construction of platforms P-78 and P-79.

In the announcement, Petrobras informs that the bidding process followed Law 13.303/2016 and began in July 2020, with the participation of 10 national and international companies, all with recognized experience.

“At this stage, companies will present their prices, in addition to the technical proposal. All proposers were previously qualified for the bidding, when their financial, technical, and operational requirements were analyzed. Petrobras’s contracting decision-making process for goods and services considers three criteria: quality, competitiveness, and delivery time,” says Petrobras.

The current strategies for contracting and constructing Petrobras’s platforms aim to avoid delays in the delivery of systems and accelerate the start of development in production areas, as the state-owned company plans to put 13 systems into operation in Brazil by 2025.

Petrobras Announces It Did Not Sign With Cade An Addendum to the Termination Agreement for the Refining Market

The Market Interprets That The Refining TCC Has As Its Main Obligation The Commitment Of Petrobras To Sell Refineries By The End Of 2021.

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Petrobras Informs That It Will Receive Proposals For The Construction Of Platforms P-78 And P-79 On February 1

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Petrobras Announces It Did Not Sign With Cade An Addendum to the Termination Agreement for the Refining Market

The Market Interprets That The Refining TCC Has As Its Main Obligation The Commitment Of Petrobras To Sell Refineries By The End Of 2021.

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