PetroRecôncavo’s good phase could get even better

PetroRecôncavo continues to deliver positive results in its operations, creating an attractive growth potential with the clusters it already has. In Safra's opinion, the company should keep up the good pace – or even create more value with the acquisition of new areas. "In our view, PetroRecôncavo should be able to continue delivering good results... Continue Reading →

Petrobras concludes the sale of Rio Ventura Cluster

Petróleo Brasileiro S.A. – Petrobras, following up on the release disclosed on 08/21/2020, informs that today it has concluded the sale of its total interests in eight onshore exploration and production fields, jointly called Rio Ventura Cluster, located in the state of Bahia, to 3R Rio Ventura S.A., a wholly owned subsidiary of 3R Petroleum... Continue Reading →

Petrobras releases teaser of E&P assets in Potiguar Basin

Petróleo Brasileiro S.A. – Petrobras informs that it has started the opportunity disclosure stage (teaser) for the sale, together with Sonangol Hidrocarbonetos Brasil Ltda. (Sonangol), of the total stakes of both companies in the onshore exploratory block POT-T-794, belonging to the BT-POT-55A concession, located in the Potiguar Basin, in the State of Rio Grande do... Continue Reading →

Petrobras releases teaser of E&P in Paraná Basin

Petróleo Brasileiro S.A. – Petrobras informs that it has started the opportunity disclosure stage (teaser) for the sale of its total stakes in the exploratory blocks belonging to the PAR-T-175_R14, PAR-T-198_R12, and PAR-T-218_R12 Concessions, located onshore in the Paraná Basin. The teaser, which includes key information about the opportunity, as well as the eligibility criteria... Continue Reading →

Petrobras on the sale of E&P assets in Alagoas

Petróleo Brasileiro S.A. – Petrobras, following up on the release disclosed on October 15, 2020, informs that the Company's Board of Directors, in a meeting held today, approved the sale of its total interest in a set of seven onshore and shallow water concessions called Alagoas Cluster, located in the state of Alagoas, to the... Continue Reading →

EXCLUSIVE Brazil’s 3R, Global bid for Petrobras refinery and oilfields -sources

(Reuters) - Consortia led by Brazil's 3R Petroleum Oleo e Gas SA (RRRP3.SA) and private equity firm Seacrest Capital have submitted binding offers for a refinery and dozens of oilfields owned by state-run Petrobras, three people familiar with the matter told Reuters. Polo Potiguar is expected to fetch Petroleo Brasileiro SA (PETR4.SA) from several hundred million dollars to over... Continue Reading →

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