Previously, the Brazilian oil market leader (Petrobras) began the process of selling its shares in the Bahia Terra cluster in different municipalities in Bahia
Petrobras entered the teaser phase to sell its stakes in 28 onshore oil production field concessions and associated facilities in the Recôncavo and Tucano basins in different municipalities in the state of Bahia.
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Petrobras losses
Petrobras' losses are spread across the municipalities of Alagoinhas, Esplanada, Araçás, Cardeal da Silva, Entre Rios, Catu, Pojuca, Mata de São João, Candeias and São Francisco do Conde. According to Radiovaldo, Petrobras candidates will be transferred to Rio de Janeiro or São Paulo, and finally encouraged to retire.
''Oil exploration, which began in Bahia, has now taken a different path and will continue that way for more than half a century, with only the feeling that the oil was ours'', laments the columnist for Portal A tarde.
Petrobras said in a statement: “This disclosure is in accordance with Petrobras' internal rules and with the provisions of the special procedure for the assignment of rights for exploration, development and production of oil, natural gas and other fluid hydrocarbons, provided for in Decree 9.355 / 2018.
“This transaction in the oil market is in line with the strategy of optimizing the portfolio and improvement of the company's capital allocation, increasingly concentrating its resources on world-class assets in deep and ultra-deep waters, where Petrobras has demonstrated a great competitive edge over the years.”
Petrobras contracts
In August, Petrobras signed a contract with SPE Rio Ventura to sell its entire stake in eight onshore oil fields in Bahia. In July, Petrobras signed a share purchase agreement to sell its 10% stake in pipeline company TAG to Engie Brasil and Canadian investment fund Caisse de Depot et Placement du Quebec (CDPQ).
