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Flamengo President Owns Oil And Gas Company And Is One Step Away From Selling To Starboard

Written by Flavia Marinho
Published on 16/12/2019 at 12:09
Empresa de petróleo e gás do presidente do Flamengo, Rodolfo Landim, está a um passo da venda para a Starboard 
Presidente do Flamengo e sua empresa Ouro Preto
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The CEO of Flamengo’s Ouro Preto Holds Exploration Rights to 15 Blocks and Four Oil and Gas Fields, Operating Onshore in the Country

The prominent businessman and current president of Flamengo, Rodolfo Landim, is concluding the sale of his oil and gas company (Ouro Preto) to Starboard Restructuring Partners. Due to Petrobras’ divestment process in onshore and shallow water fields, other oil companies are increasingly interested in investing in this segment, as is the case with Starboard.

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Ouro Preto was established in 2010 with the mission to be an integrated energy company, focusing on oil and natural gas exploration and production activities, and has since grown steadily in Brazil.

Currently, the company holds exploration rights to 15 blocks and four fields in the Parnaíba, Barreirinhas, Recôncavo, Potiguar, Camamu, and Espírito Santo Basins, but remains alert to market opportunities.

Starboard, in consortium with 3R Petroleum, has already been in negotiations with Petrobras for the acquisition of fields in Rio Grande do Norte and Ceará, and today has shown interest in purchasing the oil company of the Flamengo president as well.

If the deal is finalized, Starboard will become another oil and gas company operating in the country’s onshore segment, joining names like PetroRecôncavo, Imetame, 3R Petroleum, Petro-Victory Energy, among others.

Landim, who is a former Petrobras director and former president of OGX, as far as is known, intends to fully dedicate himself to the Clube de Regatas do Flamengo, which has had an excellent season with the conquest of important titles in 2019.

See also that Petrobras is selling its stake in the Pelotas Basin, Rio Grande do Sul.

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Flavia Marinho

Flavia Marinho is a postgraduate engineer with extensive experience in the onshore and offshore shipbuilding industry. In recent years, she has dedicated herself to writing articles for news websites in the areas of military, security, industry, oil and gas, energy, shipbuilding, geopolitics, jobs, and courses. Contact flaviacamil@gmail.com or WhatsApp +55 21 973996379 for corrections, editorial suggestions, job vacancy postings, or advertising proposals on our portal.

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