3R Petroleum States Its Intention to Be Petrobras's Successor in Oil Fields Where the Company Is Divesting

3R Petroleum States Its Intention to Be Petrobras’s Successor in Oil Fields Where the Company Is Divesting

Written by Valdemar Medeiros

Published on 13/11/2020 at 09:48

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3R Petroleum May Be the Successor to Petrobras in the Oil Fields from Which Petrobras Divested

With the goal of expanding its operations and perhaps even being the next successor to Petrobras, 3R Petroleum claims it has a strong interest in revitalizing the oil fields that were divested by market leader Petrobras earlier.

CEO of 3R Petroleum States Interest in Taking Over Petrobras’ Position

At an oil and gas event, one journalist asked the CEO of 3R Petroleum about his objectives for Latin America, to which he quickly responded: Humble as it may be, our greatest interest is to be the successor of Petrobras in those oil fields where divestments have been made; I see a great opportunity in this space.

YouTube video — **Video in Which the CEO of 3R Petroleum States Interest in Being Petrobras’ Successor**

Petrobras’ Divestment Process

In the 2020-2024 business plan released last week, Petrobras stated it would seek to sell US$ 20 billion to US$ 30 billion in assets during this period, including eight refineries located across Brazil.

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About 3R Petroleum

3R Petroleum is an independent oil company focused on redeveloping mature oil fields. “Re-develop, Revitalize and Rethink” are the verbs that guide the company and gave rise to the name 3R Petroleum.

The company specializes in rethinking oil and gas field development strategies through the implementation of investments in technologies and projects in mature oil fields.

3R Petroleum States Its Intention to Be Petrobras’s Successor in Oil Fields Where the Company Is Divesting

3R Petroleum May Be the Successor to Petrobras in the Oil Fields from Which Petrobras Divested

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3R Petroleum States Its Intention to Be Petrobras’s Successor in Oil Fields Where the Company Is Divesting

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