Brazilian Treasury official Esteves Colnago has been tapped for a position on the executive board of Petrobras, two sources told Reuters on Thursday, as part of a broad shakeup at the state-run oil company under its new chief executive. It was not immediately clear if Colnago, who served as planning minister under the 2016 to 2018 government of President Michel Temer, would accept the offer, said the sources, who requested anonymity to discuss internal personnel matters. The sources described the move as part of a range of changes that Chief Executive Caio Paes de Andrade is making in the first months of his tenure.
The P-82 Floating, Production, Storage and Offloading (FPSO) vessel will be delivered to the state-owned company in the first half of 2026, the specialised shipbuilding firm said, with a production capacity of 225,000 barrels of oil per day and 12 million cubic meters of gas processing per day. The unit, which will be deployed off the coast of Rio de Janeiro, will also be equipped with water injection capacity of 250,000 barrels per day and a storage capacity of two million barrels of oil, Sembcorp Marine said.
In the latest trading session, Petrobras (PBR) closed at $13.67, marking a -1.65% move from the previous day.