Petrobras Announced It Will Sell All Assets in the Neighboring Country As Part of Its Divestment Policy
As announced yesterday (12) by Petrobras, the sale of the Brazilian state-owned company’s businesses in the areas of fuel distribution, lubricants, and fertilizers in Uruguay has begun. According to the state-owned company, the goal is to dispose of all shares held by its subsidiary, Petrobras Uruguay Sociedad Anónima de Inversiones (Pusai), in Petrobras Uruguay Distribución S.A (PUDSA), a company operating in the distribution sector in the South American country.
In a statement, the company informed that the measure follows Petrobras’ Divestment Systematics and that “it is aligned with the optimization of the portfolio and the improvement of the company’s capital allocation, aimed at generating value for its shareholders.”
Petrobras has been pursuing a divestment policy in recent months that has even reached the neighboring country, having recently signed an agreement with the Uruguayan government to exit the natural gas distribution sector in the South American country. See more details of this transaction here.
-
Scientists discover unexpected climate benefit hidden in forest soils related to atmospheric methane absorption.
-
Sandy unproductive land can become a highly profitable area with a simple technique that boosts soybeans and corn to over 100 sacks.
-
The new Kia hatch will have a range of up to 480 km, may cost up to 25,000 euros (around R$ 150,000), and promises to become one of the most affordable electric cars in Europe; meet the Kia Picanto Electric.
-
Viih Tube, former BBB contestant and millionaire, lives in a mansion worth R$ 8.5 million with a heated artificial lake, two cinemas, a complete spa, and a giant playroom of 120 m² for the couple’s children.
Petrobras’ Businesses in Uruguay
The portfolio of assets of the Brazilian state-owned company in Uruguay is quite broad, including 90 service stations, 16 convenience stores, a lubricants logistics terminal, and an aviation kerosene plant. Additionally, the company has two logistics terminals for the storage and distribution of liquid fertilizers, being considered the largest trader in the country.
Further information on the opportunity disclosure (“teaser”), as well as eligibility criteria for selecting potential participants, can be found on the company’s website.
See Also
- Many Job Openings for Offshore and Onshore Activities in the Oil and Gas Industry on This November 13
- Multinational with Job Openings to Work Offshore on a 60 x 60 Schedule on This November 13
- Sparrows BSM Offers Jobs for Mechanical Technicians and Occupational Safety

Seja o primeiro a reagir!