To Focus More on Deep and Ultra-Deep Water Assets, Brazilian Oil Giant Petrobras Sells Its Entire Stake in Northeast Methanol and Confirms Disinterest in the State of Bahia

Written by Flavia Marinho

Published on 28/10/2022 at 18:36

METANOR – Metanol do Nordeste – Imagem PetroleoHoje

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More Divestments from Petrobras: The Oil Company Announced Last Night (27/10) the Sale of Its Entire Stake in Petrochemical in Bahia.

The Petrobras reported yesterday (27/10), in a relevant fact to the Market, that it has begun the opportunity disclosure stage (teaser) regarding the sale of its entire equity stake, corresponding to 50% of the voting capital and 34.54% of the total capital, in the company METANOR – Metanol do Nordeste (Metanor), headquartered in Camaçari, in the state of Bahia.

According to Petrobras’ announcement, the teaser, which contains the main information about the opportunity, as well as the eligibility criteria for selecting potential participants, is available on the company’s website, AT THIS LINK.

“The main subsequent steps of the project will be communicated to the market in due time”, said the state-owned company.

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In May of This Year, Petrobras Sold for Over R$ 1.2 Billion, Fourteen Onshore Exploration and Production Fields in BA

Petrobras reported in May of This Year that it completed the sale of its entire stake in fourteen onshore exploration and production fields, known as Polo Recôncavo, located in the state of Bahia, to 3R Candeias, previously referred to as Ouro Preto Energia Onshore, a wholly owned subsidiary of 3R Petroleum.

According to Petrobras’ announcement, the total sale value was US$ 256 million (approximately R$ 1.279 billion), with (a) US$ 10 million paid at the signing of the contract on 17/12/2020 and (b) US$ 246 million paid today, already considering the adjustments provided for in the contract.

“Petrobras continues to focus its resources on deep and ultra-deep water assets, where it has demonstrated a significant competitive advantage over the years, with lower greenhouse gas emissions”, said the oil company.

To Focus More on Deep and Ultra-Deep Water Assets, Brazilian Oil Giant Petrobras Sells Its Entire Stake in Northeast Methanol and Confirms Disinterest in the State of Bahia

More Divestments from Petrobras: The Oil Company Announced Last Night (27/10) the Sale of Its Entire Stake in Petrochemical in Bahia.

In May of This Year, Petrobras Sold for Over R$ 1.2 Billion, Fourteen Onshore Exploration and Production Fields in BA

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To Focus More on Deep and Ultra-Deep Water Assets, Brazilian Oil Giant Petrobras Sells Its Entire Stake in Northeast Methanol and Confirms Disinterest in the State of Bahia

More Divestments from Petrobras: The Oil Company Announced Last Night (27/10) the Sale of Its Entire Stake in Petrochemical in Bahia.

In May of This Year, Petrobras Sold for Over R$ 1.2 Billion, Fourteen Onshore Exploration and Production Fields in BA

The oldest tree in the world, alive since before the birth of Jesus Christ, is cut down in a scientific study and the case changes environmental preservation rules.

Seen from space, an image taken by an astronaut shows an unlikely oasis in the Saudi Arabian desert, protected by a terrain that slows the advance of sand, surrounded by green circles, remnants of an extinct lake and nearly 10,000 years of preserved history.

An entire island in the Pacific wants to surround itself with a colossal barrier against the ocean to try to escape increasingly violent waves and not be swallowed by the sea in the coming decades.

After ten days orbiting the Moon, science confirms that the astronauts of the Artemis II mission return with altered bodies.

Peru built a tunnel at an altitude of 4,738 meters cutting through the Andes Mountains, and the road leading to it reaches 4,818 meters, making it the highest paved road in the entire world.

In the Saudi Arabian desert, the world’s largest green hydrogen plant is 80% complete and will use 4 gigawatts of solar and wind energy to produce 600 tons of clean fuel per day when it opens in 2027.

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