3R Oil & Gas Advances on the Petrobras Papa-Terra Divestment

Group moves forward in negotiations to acquire its first deepwater project in the Campos Basin.

3R Oil & Gas should acquire the Papa-Terra field in Petrobras’ divestment program. Sources linked to the business anticipated that the Brazilian group presented the best proposal in the process, being selected as the preferred leader. The company has already started the direct negotiation phase with the oil company.

Source: PetroleoHoje

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