The Oil Company Compass Gás e Energia Seeks to Acquire Stake in Petrobras's Gaspetro

The Oil Company Compass Gás e Energia Seeks to Acquire Stake in Petrobras’s Gaspetro

Written by Flavia Marinho

Published on 27/10/2020 at 13:17

Updated on 27/10/2020 at 13:26

A petrolífera Compass Gás e Energia quer comprar fatia da Petrobras na Gaspetro

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Consan Aims to Acquire 51% Stake in Gaspetro. In addition to Petrobras, Gaspetro has the Japanese Mitsui as a shareholder, with a 49% stake.

After announcing a billion-dollar investment in São Paulo to bring pre-salt gas to Baixada Santista, Cosan informed yesterday (10/26) that its subsidiary, Compass Gás e Energia, submitted a proposal in the competitive divestment process promoted by Petrobras.

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The oil company aims to acquire a 51% stake in Petrobras in Gaspetro. In addition to Petrobras, Gaspetro has the Japanese Mitsui as a shareholder, with a 49% stake.

Petrobras began the process of selling its stake in Gaspetro at the end of February, having started the binding phase in July after a delay in mid-March, when the oil company reopened the qualification phase for interested parties.

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Pre-Salt Pipelines Will Be Connected to Baixada Santista by Compass Gás e Energia

Company of the Cosan Group, Compass Gás e Energia, will invest with strategic partners, US$ 2 billion (R$ 11.15 billion), in pipelines in the Santos Basin through Rota 4 Participações.

The Rota 4 project is in the licensing phase, and the expectation is that the pipeline will start operating between 2027 and 2028. It takes approximately four years to construct the structures.

With a capacity to transport 21 million cubic meters of natural gas per day, Rota 4 will increase the transportation and production capacity of gas in the pre-salt fields.

The Oil Company Compass Gás e Energia Seeks to Acquire Stake in Petrobras’s Gaspetro

Consan Aims to Acquire 51% Stake in Gaspetro. In addition to Petrobras, Gaspetro has the Japanese Mitsui as a shareholder, with a 49% stake.

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Pre-Salt Pipelines Will Be Connected to Baixada Santista by Compass Gás e Energia

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The Oil Company Compass Gás e Energia Seeks to Acquire Stake in Petrobras’s Gaspetro

Consan Aims to Acquire 51% Stake in Gaspetro. In addition to Petrobras, Gaspetro has the Japanese Mitsui as a shareholder, with a 49% stake.

Read Also

Pre-Salt Pipelines Will Be Connected to Baixada Santista by Compass Gás e Energia

A giant printer called the “Ferrari” of concrete has landed in Latin America and can already build a 120-square-meter house in just 48 hours, making the traditional construction site look like something from the last century.

Great Atlantic Sargassum Belt has ceased to be a climatic phenomenon and has become a biological system that feeds on itself, with 8,000 kilometers in length, 37 million tons of algae, and scientists confirm that it is now permanent.

Brazil will harvest a record crop of up to 357 million tons of grains, but it does not have the capacity to store a large part of it. The storage deficit has reached the highest level in history and is equivalent to almost the entire production of Argentina.

She started by collecting oyster shells from restaurants and today she has already accumulated more than 10 tons to restore reefs, recover coastal habitats, and demonstrate how a common waste can become a tool for ocean conservation.

Philippines begin construction of the country’s largest desalination plant in a city without enough fresh water to grow, and the 66,500 m³ per day plant will transform the sea into drinking water for 50,000 homes in 24 months with reverse osmosis technology from SUEZ and JEMCO.

Turkey is building a billion-dollar shortcut to channel billions of dollars by sea with a 45 km long canal, 275 meters wide and 20.75 meters deep, which promises to relieve the Bosphorus amid the crisis in the Strait of Hormuz.

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