Petrobras avança com processo de venda na transportadora de gás NTS

Petrobras Advances with Sale Process at Gas Transporter NTS

Written by Flavia Marinho

Published on 06/07/2020 at 18:18

Petrobras avança com processo de venda na transportadora de gás NTS

Seja o primeiro a reagir!

Petrobras Initiated the Binding Phase of the Sale Process of Its Remaining 10% Stake in Nova Transportadora do Sudeste (NTS)

Petrobras informed in a material fact last Friday (03/07) that continuing the announcement made on May 15, 2020, it announces the start of the binding phase regarding the sale of its remaining 10% stake in Nova Transportadora do Sudeste S.A. (NTS). Petrobras withdraws from the offshore wind project in Rio Grande do Norte.

Also Read

The state-owned company said that potential buyers classified for the phase will receive an invitation letter with instructions about the divestment process, including guidelines for “due diligence” and submission of binding offers.

ARTICLE CONTINUES BELOW

Major Oil, Gas, and Energy Event Will Take Place in Brazil: Macaé Energy Will Gather Petrobras, Equinor, Prio, Among Other Suppliers and Energy Executives for Business, Networking, and Employment Opportunities

The Technical Agenda and the Fair in the City of Macaé Should Boost Discussions on Investments, Energy Transition, and Development of the Oil, Gas, and Energy Chain in the National...

Paulo Nogueira

In addition to the 10% stake held by Petrobras, NTS’s other partners are Brookfield Brasil, with 82.35% through the Nova Infraestrutura fund, and Itaúsa, with 7.65%.

The oil company stated that the operation is aligned with portfolio optimization and better capital allocation. Petrobras has been driving divestments lately with the aim of reducing its debt and focusing on oil production and exploration in deep and ultra-deep waters.

The company had begun the process of selling the 10% stake in NTS at the end of March. In 2017, the state-owned company sold 90% of its stake in the transporter for over 5 billion dollars.

NTS is a natural gas transporter with pipelines in São Paulo, Minas Gerais, and Rio de Janeiro and connections to a number of facilities, including the Brazil-Bolivia gas pipeline and TAG, according to Petrobras. The transportation capacity is 158.2 million cubic meters per day.

The other partners of NTS are the Nova Infraestrutura Investment Fund, an investment fund managed by Brookfield Brasil Asset Management Investimentos Ltda, with an 82.35% equity stake, and Itaúsa with a 7.65% equity stake.

Petrobras Advances with Sale Process at Gas Transporter NTS

Petrobras Initiated the Binding Phase of the Sale Process of Its Remaining 10% Stake in Nova Transportadora do Sudeste (NTS)

Also Read

Major Oil, Gas, and Energy Event Will Take Place in Brazil: Macaé Energy Will Gather Petrobras, Equinor, Prio, Among Other Suppliers and Energy Executives for Business, Networking, and Employment Opportunities

Diagnostic test

Billions of barrels on the equatorial margin could lead Amapá to double its oil production in Brazil — the state wants to enter the route of companies in the Campos Basin, attract investments, and boost jobs and businesses in the oil and gas sector.

Without bricks, without cement, and without endless construction: the cardboard house that is assembled in modules and can be moved.

Billions of barrels on the equatorial margin could lead Amapá to double its oil production in Brazil — the state aims to enter the route of companies in the Campos Basin, attract investments, and boost jobs and businesses in the oil and gas sector.

Without bricks, without cement, and without endless construction: the cardboard house that is assembled in modules and can be moved.

Government unlocks R$ 554 million for a highway that has been requested for decades and accelerates the duplication of BR.

Tire road? Thousands of shredded tires were secretly placed under a ramp in California, preventing a one-year delay in a project on weak soil and supporting a 26-foot-high structure in a corridor connected to I-880.

Explorers find Roman treasure trapped between rocks on the seabed for nearly 1,600 years and reveal a desperate attempt to hide 53 gold coins during the invasions of the Empire.

While Russia dominates the global wheat market, Brazil emerges as an unexpected competitor in the Cerrado, offering grain available in July and August when stocks in the Northern Hemisphere are at their lowest point of the year.

Archaeologists discover Roman vase buried for over 2,000 years with more than 175 intact gold and silver coins, revealing a desperate strategy to protect wealth during the collapse of the Empire.

The government puts R$ 8.6 billion on the table to change the highway (BR) with 50 overpasses, 28 bridges, 4 tunnels, and 40 km of bike lanes in 180 km of historic duplication.

With 241 meters, 48 thousand tons, and a structure designed to accompany aircraft carriers at sea, the Chinese ship that refuels fleets in motion was born to push Beijing away from the coast and has become the hidden gear of its naval projection.

Petrobras Advances with Sale Process at Gas Transporter NTS

Petrobras Initiated the Binding Phase of the Sale Process of Its Remaining 10% Stake in Nova Transportadora do Sudeste (NTS)

Also Read

Major Oil, Gas, and Energy Event Will Take Place in Brazil: Macaé Energy Will Gather Petrobras, Equinor, Prio, Among Other Suppliers and Energy Executives for Business, Networking, and Employment Opportunities

Diagnostic test

Billions of barrels on the equatorial margin could lead Amapá to double its oil production in Brazil — the state wants to enter the route of companies in the Campos Basin, attract investments, and boost jobs and businesses in the oil and gas sector.

Without bricks, without cement, and without endless construction: the cardboard house that is assembled in modules and can be moved.

Billions of barrels on the equatorial margin could lead Amapá to double its oil production in Brazil — the state aims to enter the route of companies in the Campos Basin, attract investments, and boost jobs and businesses in the oil and gas sector.

Without bricks, without cement, and without endless construction: the cardboard house that is assembled in modules and can be moved.

Government unlocks R$ 554 million for a highway that has been requested for decades and accelerates the duplication of BR.

Tire road? Thousands of shredded tires were secretly placed under a ramp in California, preventing a one-year delay in a project on weak soil and supporting a 26-foot-high structure in a corridor connected to I-880.

Petrobras finds high-quality oil in the pre-salt at 113 km from RJ and reignites expectations about strategic reserves in the Campos Basin.

Ocyan opens registrations for startups focused on innovation in the oil and gas sector and will select projects for Innovation Day with the support of Nexio.

Petrobras announces new oil discovery in the pre-salt of the Campos Basin and reinforces Brazil’s prominence with high-quality reserves that can increase production and energy revenues.

Alert in the fuel market: Analysts and a former director of ANP warn that oil prices may worsen in the coming months due to global instability.

Ocyan brings executives and digital solutions to Macaé Energy 2026 and highlights offshore expansion with Nexio and a new base in Macaé.

Explorers find Roman treasure trapped between rocks on the seabed for nearly 1,600 years and reveal a desperate attempt to hide 53 gold coins during the invasions of the Empire.

While Russia dominates the global wheat market, Brazil emerges as an unexpected competitor in the Cerrado, offering grain available in July and August when stocks in the Northern Hemisphere are at their lowest point of the year.

Archaeologists discover Roman vase buried for over 2,000 years with more than 175 intact gold and silver coins, revealing a desperate strategy to protect wealth during the collapse of the Empire.

The government puts R$ 8.6 billion on the table to change the highway (BR) with 50 overpasses, 28 bridges, 4 tunnels, and 40 km of bike lanes in 180 km of historic duplication.

With 241 meters, 48 thousand tons, and a structure designed to accompany aircraft carriers at sea, the Chinese ship that refuels fleets in motion was born to push Beijing away from the coast and has become the hidden gear of its naval projection.