PetroRio renegocia com a Chevron os próximos pagamentos da compra de fatia no Campo de Frade

PetroRio Renegotiates with Chevron the Upcoming Payments for the Purchase of a Stake in Frade Field

Written by Roberta Souza

Published on 17/06/2020 at 09:55

frade, petrorio, chevron

Be the first to react!

The Companies Set a New Amortization Schedule for Payments Related to Their Stake in the Frade Field

PetroRio, a Brazilian oil and gas company, and American Chevron renegotiated the terms of the contract for the sale of 51.74% of the Frade field and the platform operating at the site.

See Other News:

The original contract had a remaining principal of US$ 142 million, with an amortization profile of US$ 77 million in September 2020 and approximately US$ 64 million in March 2021, at an interest rate of 5.82% per year. The new amortization profile, which takes effect immediately, foresees US$ 15 million in November 2020, US$ 30 million in May 2021, and US$ 97 million in November 2021 at a new interest rate of 7% per year.

ARTICLE CONTINUES BELOW

PetroRio Renegotiates with Chevron the Upcoming Payments for the Purchase of a Stake in Frade Field

The Companies Set a New Amortization Schedule for Payments Related to Their Stake in the Frade Field

See Other News:

Libya built over 4,000 kilometers of underground pipelines to bring water from the Sahara to coastal cities in a project that the government itself called the Eighth Wonder of the World.

Desert sand, previously discarded for being too smooth for concrete, becomes an ecological brick in the United Arab Emirates, dispensing with Portland cement, curing at room temperature, and attempting to transform dunes useless for construction into raw material for a new arid engineering.

He transformed an abandoned plastic water tank into an underground house in the “hobbit hole” style, using only repurposed pallet wood, without heavy machinery or expensive labor.

Toyota launches “family hybrid van” with 7 or 8 seats, 1.8 hybrid engine, fuel consumption of up to 23.8 km/l, and a price equivalent to about R$ 104,000 without taxes, below the Tiggo 8 Pro Plug-in Hybrid sold in Brazil: meet the Noah Hybrid 2026 in Japan.

China transforms desert-devastated area into the world’s largest artificial forest, planting trees for 60 years, blocking sand that reached Beijing, and creating a “green lung” of 92,000 hectares in a region once considered lost.

With 70 tons of rock removed by hand and an 800-year-old abandoned cave, a former businessman transforms a dark shelter into a modern home carved in the heart of the forest.

Scientists have created a material six times lighter than air, 75 times lighter than styrofoam, and that becomes stronger the more it is compressed: aerographite seems impossible, but it can reinforce structures, batteries, and satellites.

Brazilians build modern houses 10 minutes from Disney, with luxury finishes, 3 bedrooms, 3 bathrooms, a $227 condo fee, and potential for Airbnb, targeting investors who want to use the property in Orlando and rent it out when they are not in the United States.

Largest investment per capita in Brazil: city receives R$ 1 billion in sanitation, invests 322% above the national average, and gains a new ETA capable of supplying an additional 1,270 liters of water per second.

Neither washing machine nor laundry: the trick that helps eliminate odors accumulated from sweat, humidity, and dust, restores the volume of pillows and duvets in a few hours, and is surprising those seeking convenience at home.

The truck leaves and the train enters: Transnordestina will invest R$ 3.6 billion in a new railway corridor with an 84-hectare terminal, a 7.5 km branch, and the capacity to double the movement of the Port of Pecém to 40 million tons.

PetroRio Renegotiates with Chevron the Upcoming Payments for the Purchase of a Stake in Frade Field

The Companies Set a New Amortization Schedule for Payments Related to Their Stake in the Frade Field

See Other News:

Libya built over 4,000 kilometers of underground pipelines to bring water from the Sahara to coastal cities in a project that the government itself called the Eighth Wonder of the World.

Desert sand, previously discarded for being too smooth for concrete, becomes an ecological brick in the United Arab Emirates, dispensing with Portland cement, curing at room temperature, and attempting to transform dunes useless for construction into raw material for a new arid engineering.

He transformed an abandoned plastic water tank into an underground house in the “hobbit hole” style, using only repurposed pallet wood, without heavy machinery or expensive labor.

Toyota launches “family hybrid van” with 7 or 8 seats, 1.8 hybrid engine, fuel consumption of up to 23.8 km/l, and a price equivalent to about R$ 104,000 without taxes, below the Tiggo 8 Pro Plug-in Hybrid sold in Brazil: meet the Noah Hybrid 2026 in Japan.

China transforms desert-devastated area into the world’s largest artificial forest, planting trees for 60 years, blocking sand that reached Beijing, and creating a “green lung” of 92,000 hectares in a region once considered lost.

With 70 tons of rock removed by hand and an 800-year-old abandoned cave, a former businessman transforms a dark shelter into a modern home carved in the heart of the forest.

Scientists have created a material six times lighter than air, 75 times lighter than styrofoam, and that becomes stronger the more it is compressed: aerographite seems impossible, but it can reinforce structures, batteries, and satellites.

Oil returns to the center of concerns with tension between the US and Iran

IEA reduces forecast for global oil demand in 2026 after impacts of the Middle East crisis

Bank of Japan raises interest rates to 1%, reaching the highest level in over three decades

ANP halts LPG reform, and Sindigás sees technical caution as a decisive point for safety, investments, and the future of the cylinder in Brazil.

Oil spill in the Caribbean raises environmental alert and increases tension between Venezuela and Trinidad and Tobago

Brazilians build modern houses 10 minutes from Disney, with luxury finishes, 3 bedrooms, 3 bathrooms, a $227 condo fee, and potential for Airbnb, targeting investors who want to use the property in Orlando and rent it out when they are not in the United States.

Largest investment per capita in Brazil: city receives R$ 1 billion in sanitation, invests 322% above the national average, and gains a new ETA capable of supplying an additional 1,270 liters of water per second.

Neither washing machine nor laundry: the trick that helps eliminate odors accumulated from sweat, humidity, and dust, restores the volume of pillows and duvets in a few hours, and is surprising those seeking convenience at home.

The truck leaves and the train enters: Transnordestina will invest R$ 3.6 billion in a new railway corridor with an 84-hectare terminal, a 7.5 km branch, and the capacity to double the movement of the Port of Pecém to 40 million tons.