Petrobras on Bahia Terra Cluster Divestment

Source: www.gulfoilandgas.com 10/14/2021, Location: South America

Petrobras, regarding the pieces of news in the media about the sale of onshore production fields, located in the Recôncavo and Tucano Basins, in the state of Bahia, jointly called the Bahia Terra Cluster, clarifies that it has received binding offers from potential interested parties in the acquisition of the assets.

The consortium formed by Aguila Energia e Participações Ltda and by Infra Construtora e Serviços Ltda submitted the best proposal, worth more than US$ 1.5 billion, and Petrobras Executive Board approved the beginning of the negotiation phase.

The company clarifies that the signing of the transaction will depend on the outcome of the negotiations, as well as the necessary corporate approvals.

Petrobras reinforces its commitment to the broad transparency of its divestment projects and portfolio management and informs that the subsequent stages of the project will be disclosed in a timely manner.


Papua-New Guinea >>  9/27/2022 - Santos advises it has received a binding conditional offer from Kumul Petroleum Holdings Limited (Kumul) to acquire a 5 per cent project interest in P...
Australia >>  9/26/2022 - Key points:
• Comet Ridge has received a notice from Santos to acquire the additional 12.86% option interest in the Mahalo Gas Project, per prev...


Brazil >>  9/26/2022 - Petro Rio S.A., in addition to the Material Fact of November 19, 2020, informs its shareholders and the market in general of the signing of an agreeme...
United Kingdom >>  9/26/2022 - Poseidon Acquisition Corp., on behalf of a consortium composed of David L. Sokol, Chairman of the Board of Directors of Atlas Corp. (NYSE: ATCO) (“Atl...

Ireland >>  9/24/2022 - Shell and Simply Blue Group confirm that Shell will end its involvement in the Western Star and Emerald offshore wind projects in Ireland.

...

Qatar >>  9/24/2022 - Following its selection as the first partner for the 32 million ton per annum (Mtpa) North Field East (NFE) liquefied natural gas (LNG) project, Total...




Gulf Oil and Gas
Copyright © 2021 Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.