Petrobras President Reports That Negotiations About Búzios With Chinese Partners Could Be Finalized in 2021

Written by Roberta Souza

Published on 28/01/2021 at 16:32

Edifício sede da Petrobras no Rio de Janeiro. 9 de Março de 2020. REUTERS/Sergio Moraes

Seja o primeiro a reagir!

Petrobras CEO Expects Conclusion of Negotiations with Chinese Partners at Búzios Field, Located in the Campos Basin

The president of Petrobras, Roberto Castello Branco, stated that the state-owned company expects to end negotiations with its Chinese partners this year to develop the excess volumes of the Búzios oil field, located in the Santos Basin. Petrobras holds 90% of the shares, along with CNODC and CNOOC, each having 5%.

See Other News of the Day:

The Chinese companies need to ascertain the value of the investment that Petrobras made in assets to be reimbursed, in addition to reaching a consensus on how to use the oil fields already in operation in Búzios to explore the reserves.

Roberto Castello Branco states that “It is an extremely important asset for Petrobras and for Brazil. It is a gem that Petrobras has. Low costs and risks, in short, all the characteristics that I classify as a world-class asset.”

ARTICLE CONTINUES BELOW

Petrobras President Reports That Negotiations About Búzios With Chinese Partners Could Be Finalized in 2021

Petrobras CEO Expects Conclusion of Negotiations with Chinese Partners at Búzios Field, Located in the Campos Basin

See Other News of the Day:

Is a smart plug worth it in a regular home? What does it offer: turns on and off via smartphone, creates routines by schedule, prevents forgotten devices, sometimes monitors consumption, and improves habits without renovation or miracles.

Geographers redefine the Brazilian relief and confirm the presence of mountains in 14 states with a new system that changes historical criteria and alters the way the territory is classified.

There is a city in China right next to Hong Kong where people speak Portuguese, the streets have names in Portuguese, and the architecture looks like it came straight out of a historic city in Brazil.

At over 8,800 meters above sea level, the summit of Mount Everest is made up of rocks that originated at the bottom of an ocean about 500 million years ago and were pushed to the highest point on Earth by the collision of tectonic plates.

From the field to the pipelines: Mato Grosso do Sul accelerates the energy transition and consolidates a new axis in renewable energy with the arrival of a giant biogas plant.

In a scenario of rising fuel prices, Omoda & Jaecoo enhance value for consumers with a range of up to 1,200 km, energy efficiency, and a new concept of worry-free mobility.

JSL calls for high school graduates to work as Assistants in SP and MG; see requirements and how to apply.

Few people know, but SENAC has over 370 open slots for a free online technical course in Logistics, with national certification from SENAC RS and professional training in 13 months.

NASA engineer creates project for a “nearly theoretically viable” engine capable of reaching 99.99% of the speed of light, but this problem must be solved first.

Bahia becomes a key player in the new BRICS plan for a sovereign data center and brings Brazil closer to the competition for the future of cloud computing and AI.

The end of an era? Brazil and global powers accelerate investments in technology and infrastructure to solidify the transition away from fossil fuels.

Petrobras President Reports That Negotiations About Búzios With Chinese Partners Could Be Finalized in 2021

Petrobras CEO Expects Conclusion of Negotiations with Chinese Partners at Búzios Field, Located in the Campos Basin

See Other News of the Day:

Is a smart plug worth it in a regular home? What does it offer: turns on and off via smartphone, creates routines by schedule, prevents forgotten devices, sometimes monitors consumption, and improves habits without renovation or miracles.

Geographers redefine the Brazilian relief and confirm the presence of mountains in 14 states with a new system that changes historical criteria and alters the way the territory is classified.

There is a city in China right next to Hong Kong where people speak Portuguese, the streets have names in Portuguese, and the architecture looks like it came straight out of a historic city in Brazil.

At over 8,800 meters above sea level, the summit of Mount Everest is made up of rocks that originated at the bottom of an ocean about 500 million years ago and were pushed to the highest point on Earth by the collision of tectonic plates.

From the field to the pipelines: Mato Grosso do Sul accelerates the energy transition and consolidates a new axis in renewable energy with the arrival of a giant biogas plant.

In a scenario of rising fuel prices, Omoda & Jaecoo enhance value for consumers with a range of up to 1,200 km, energy efficiency, and a new concept of worry-free mobility.

Petrobras evaluates suspension of sales to distributors and considers canceling the cooking gas auction following guidelines from the Federal Government.

Lula reveals a masterstroke by Petrobras to undo a deal made by Bolsonaro, which involves the return of an important refinery that currently produces less than half of what was expected and makes Brazil dependent on international diesel.

A study confirms that the natural gas sector will reduce greenhouse gas emissions in Brazil by 0.5% and accelerate the energy transition by 2026.

Petrobras implements a severe adjustment and confirms a 55% increase in the price of aviation kerosene with a proposal for installment payments for the companies.

The rise in oil prices could ensure an extra revenue of R$ 100 billion for the Federal Government, indicates a recent economic study.

JSL calls for high school graduates to work as Assistants in SP and MG; see requirements and how to apply.

Few people know, but SENAC has over 370 open slots for a free online technical course in Logistics, with national certification from SENAC RS and professional training in 13 months.

NASA engineer creates project for a “nearly theoretically viable” engine capable of reaching 99.99% of the speed of light, but this problem must be solved first.

Bahia becomes a key player in the new BRICS plan for a sovereign data center and brings Brazil closer to the competition for the future of cloud computing and AI.

The end of an era? Brazil and global powers accelerate investments in technology and infrastructure to solidify the transition away from fossil fuels.