Petrobras on UFN III Sale Process

Source: www.gulfoilandgas.com 2/4/2022, Location: South America

Petrobras, following up on the release disclosed on 02/21/2020, informs that it has reached an agreement for the draft of the Sale and Purchase Agreement for the sale of 100% of its Nitrogen Fertilizer Unit III (UFN-III), located in the city of Três Lagoas, Mato Grosso do Sul, with the Russian group Acron.

Petrobras clarifies that the signing of the sales contract still depends on Petrobras governance procedures, after governmental approvals.

Petrobras reinforces its commitment to the broad transparency of its divestment projects and the management of its portfolio and informs that the subsequent stages of the project will be disclosed in accordance with the company's Divestment System.


Nigeria >>  7/1/2022 - ADM Energy PLC, a natural resources investing company, provides an update on the legal proceedings in respect of its interest in the Barracuda oil fie...
Norway >>  7/1/2022 - Rex International Holding Limited (“Rex International Holding”, “Rex” or the “Company”, and together with its subsidiaries, the “Group”), a technology...

Norway >>  7/1/2022 - The farmin agreement with OMV (Norge) AS ("OMV"), which was first announced on May 9, 2022, has now been concluded, according to Longboat Energy, an u...
Nigeria >>  6/30/2022 - Reference is made to previous stock exchange releases by PetroNor E&P ASA (“PetroNor") regarding the acquisition of Panoro Energy ASA’s (“Panoro”) int...

United States >>  6/30/2022 - U.S. Energy Corp. has entered into an agreement (the “Agreement”) to acquire operated oil and gas producing properties in an all-cash transaction (the...
Tanzania >>  6/29/2022 - Wentworth, the independent, Tanzania-focused natural gas production company, is pleased to provide an update on its agreement with Scirocco Energy plc...




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