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3R Petroleum Gained Spotlight in the Oil and Gas Sector After Obtaining the Operational License from the Brazilian Institute of Environment and Renewable Natural Resources (Ibama) to Operate in Fields of the Potiguar Pole.
With the obtaining of the license, the company was able to fulfill one of the conditions imposed by Petrobras for the purchase of the asset involving the fields of Ubarana, Ubarana Oeste, and Cioba. The approval of the sale by Petrobras occurred in early 2022 for the amount of US$ 1.38 billion.
3R Petroleum has other assets in the Potiguar Basin, including the Macau Pole. The company also has onshore assets in the Recôncavo Basin and offshore assets in the Basin of Espírito Santo and Campos.
The acquisition of the Potiguar Pole will allow 3R to further increase its presence in the oil and gas market, consolidating its position as one of the leading companies in the sector operating in the country.
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Ibama License Enables 3R Petroleum’s Business Expansion
The operational license granted by Ibama for 3R Petroleum to operate in the fields of the Potiguar Pole is an important step for the company’s consolidation in the oil and gas market. With the achievement of the license, 3R Petroleum fulfilled one of the prerequisites imposed by Petrobras for the sale of the asset.
3R Petroleum now has an excellent opportunity to expand its onshore production, consolidating its position in the sector. Additionally, the purchase of the Potiguar Pole will allow the company to increase its presence in important producing regions of the country, such as the Potiguar Basin.
The company continues to expand its business and consolidate its position in the oil and gas sector. 3R Petroleum has assets in various producing basins across the country, and now, with the acquisition of the Potiguar Pole, it will be able to strengthen its market presence even further.
3R Petroleum’s Operations in the Oil and Gas Sector
3R Petroleum is a Brazilian company in the oil and gas sector that operates in the exploration, development, and production of oil and natural gas. Its business strategy is based on the acquisition of assets with production potential, appreciation, and growth.
The company has a qualified and experienced team, focused on maximizing results and sustainably managing its projects, considering environmental, economic, and social impacts. With the acquisition of the Potiguar Pole, 3R Petroleum further consolidates its position in the market, expanding its business and increasing its production capacity.
The obtaining of the operational license from Ibama for the fields of the Potiguar Pole represents an important step for 3R Petroleum in consolidating its position in the oil and gas sector. The acquisition of the fields of Ubarana, Ubarana Oeste, and Cioba will allow the company to increase its presence in important producing regions of the country, consolidating its market positioning.
3R Petroleum has a specialized and experienced team, focused on maximizing results and managing its projects sustainably. The company has assets in various producing basins across the country, and now, with the purchase of the Potiguar Pole, it will further increase its presence in the sector.
3R Petroleum continues expanding its business and consolidating its position in the oil and gas sector. The company continues seeking new growth opportunities and appreciation of its assets, considering environmental, economic, and social impacts.
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