Portuguese 
English 
Spanish 
2 min of reading 
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.
-
Oil moves trillions worldwide, dominates energy generation, and continues to be a strategic resource for major global powers.
-
United States intercepts six Iranian vessels in the Strait of Hormuz and April ceasefire is once again threatened
-
Venezuela sits on almost 20% of the planet’s proven oil, but exploring the Orinoco Belt could turn the world’s largest reserve into a climate, environmental, and industrial problem.
-
Petrobras approved the final investment decision for SEAP I (Sergipe Deep Waters), opening a new production frontier in the Northeast: Total investment for the two modules (SEAP I + SEAP II) exceeds R$ 60 billion, with an estimated production of more than 1 billion barrels of oil equivalent.
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.
Be the first to react!