Gulf Oil and Gas accountACCOUNT

Petrobras Starts Non Binding Sale of Tartaruga Verde

Source: www.gulfoilandgas.com 6/18/2018, Location: South America

Share |
Petrobras, further to the Material Fact of 04/03/2018 and Press Release of 05/23/2018, informs the beginning of the non-binding phase related to the sale of 50% of its non-operated working interest in Tartaruga Verde field (BM-C-36 Concession) and Module III of Espadarte field, both located in deep water in Campos Basin.

At this stage of the project, the interested parties qualified in the previous phase will receive instructions on the divestment process, including guidelines for the elaboration and submission of non-binding proposals, and access to a virtual data room containing more information about the fields.

The disclosure to the market herein is in compliance with Petrobras' divestment methodology and aligned with the provisions of the special procedure for the sale of exploration, development and production of petroleum, natural gas and other fluid hydrocarbons rights, provided for in Decree 9.355/2018.

For more information about related Opportunities and Key Players visit Brazil Oil and Gas Projects

Acquisitions and Divestitures News in Brazil >>

Ireland >>  9/20/2018 - Providence Resources P.l.c., the Irish based Oil & Gas Exploration Company (“Providence” or the “Company”), provides a commercial update on Standard E...
Namibia >>  9/19/2018 - Global Petroleum Limited has signed a Petroleum Agreement to acquire Block 2011A offshore Namibia. Global will hold an 85% interest in the new block a...

United Kingdom >>  9/17/2018 - Zennor Petroleum Limited is pleased to announce that its wholly owned subsidiary, Zennor North Sea Limited, has entered into a Sale and Purchase Agree...
Guyana >>  9/13/2018 - Eco (Atlantic) Oil & Gas Ltd., the oil and gas exploration company with licences in highly prospective regions in Namibia and Guyana, is delighted to ...

United States >>  9/13/2018 - Vanguard Natural Resources, Inc. has executed a purchase and sale agreement for the sale of its ownership in natural gas properties in the Arkoma basi...
United States >>  9/12/2018 - Matador Resources Company announced the successful acquisition of 8,400 gross (8,400 net) acres for approximately $387 million, or a weighted average ...

Related Categories: Accounting, Statistics  Acquisitions and Divestitures  Asset Portfolio Management  Economics/Financial Analysis  General  Industrial Development  Insurance  Investment  Mergers and Acquisitions  Risk Management 

Related Articles: Accounting, Statistics  Acquisitions and Divestitures  Asset Portfolio Management  Economics/Financial Analysis  General  Insurance  Investment  Mergers and Acquisitions  Risk Management 


Brazil Oil & Gas 1 >>  2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 | 20 |

Oil & Gas Projects in Brazil >>

More News

 

Oil & Gas Companies in Brazil >>


Related Links

Gulf Oil and Gas
Copyright © Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.