Petrobras inicia nova fase na venda de sua participação de empresa na Argentina

Petrobras Starts New Phase in Selling Its Stake in Company in Argentina

Written by Renato Oliveira

Published on 02/09/2019 at 01:00

Updated on 01/09/2019 at 21:02

Petrobras vende fábrica na Argentina

Seja o primeiro a reagir!

Sale of Stake in Company in Argentina Was Initiated in May by Petrobras and Took Another Important Step Last Friday (30/08)

As announced by Click Petroleum and Gas in May, Petrobras had announced the sale of the 34% stake it holds in the Mega Company of Argentina.
Well, now the Brazilian state-owned company announces progress in another stage of this process. Petrobras has begun sending invitation letters to interested parties qualified in the previous phase.

This phase is called the binding phase of the offer and provides instructions on the divestment process, including how companies should submit their proposals for Petrobras’s stake in the plant.

ARTICLE CONTINUES BELOW

The Plant in Argentina

Mega is a plant in Argentina that processes natural gas and fractionates its liquids (ethane, propane, butane, and natural gasoline), and has a capacity of more than 40 million cubic meters per day and a natural gas liquid fractionation unit with a capacity of up to 5 million m³/day.
Petrobras has as partners in Mega the Spanish company Repsol YPF and the American company Dow Chemical. Mega has been in operation since April 2001.

The sale of Petrobras’s stake is part of the company’s divestment program, which is being accelerated under the new president, Roberto Castello Branco.

Petrobras has already announced the sale of eight refineries out of its 13 refineries and aims to raise around US$ 15 billion to reduce the company’s debt.

The state-owned company’s plan is also to reduce operational costs and save around US$ 8.1 billion. To this end, it has already announced the closure of several offices across Brazil, such as the Edinc building in Macaé.

The company’s goal with its divestment plan, in addition to amortizing debts, is to dispose of assets that the company’s management does not consider to be its core expertise, which is the exploration and production of oil and gas in deep and ultra-deep waters.

Petrobras Starts New Phase in Selling Its Stake in Company in Argentina

Sale of Stake in Company in Argentina Was Initiated in May by Petrobras and Took Another Important Step Last Friday (30/08)

The Plant in Argentina

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.

While the U.S. still faces limitations in deep space, China is developing unprecedented technology with strategic satellites that maintain communication with the far side of the Moon and aims for dominance by 2030.

In Botswana, a salt flat of up to 16,000 km² that was once an African megalake spends months as an absolute white desert, but during the rainy season it transforms into a shallow sea that reappears from nowhere and can be seen from space in the middle of southern Africa.

The Blood Falls of Antarctica hide a living ecosystem trapped under the ice for over 2 million years, where microbes survive without light, without oxygen, and without ever having seen the Sun.

Bavarian archaeologists unearthed a medieval skeleton that had an articulated iron hand in place of its left arm, and the discovery reveals that doctors were already creating sophisticated prosthetics over 500 years ago.

The CEO of Honor in Spain says that smartphones will change with AI, foldables, and even robot phones; the component crisis is making cheap models more expensive in 2026 and shifting the focus to premium.

It costs less than a Honda CG 160: The new motorcycle from Shineray has a 169.30 cc engine, 13.59 hp, 18-inch wheels, and costs R$ 13,490, excluding shipping; learn everything about the SHI 170.

China suspends meat imports from a slaughterhouse in Várzea Grande, and the market tries to panic: an analyst says that the ban is common, may affect only one batch, and does not lower cattle prices.

Goodbye classic tiles: solar tiles lead a sustainable European trend that transforms rooftops into sources of clean energy, reduces electricity costs, and redefines the future of modern construction on a global scale.

Public health researcher reveals that drinking water consumed by billions may contain hidden salt, raising blood pressure in millions and increasing the risk of hypertension by up to 26%.

According to rumors, Honor may launch a phone with an 11,000 mAh battery.

Petrobras Starts New Phase in Selling Its Stake in Company in Argentina

Sale of Stake in Company in Argentina Was Initiated in May by Petrobras and Took Another Important Step Last Friday (30/08)

The Plant in Argentina

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.

While the U.S. still faces limitations in deep space, China is developing unprecedented technology with strategic satellites that maintain communication with the far side of the Moon and aims for dominance by 2030.

In Botswana, a salt flat of up to 16,000 km² that was once an African megalake spends months as an absolute white desert, but during the rainy season it transforms into a shallow sea that reappears from nowhere and can be seen from space in the middle of southern Africa.

The Blood Falls of Antarctica hide a living ecosystem trapped under the ice for over 2 million years, where microbes survive without light, without oxygen, and without ever having seen the Sun.

Bavarian archaeologists unearthed a medieval skeleton that had an articulated iron hand in place of its left arm, and the discovery reveals that doctors were already creating sophisticated prosthetics over 500 years ago.

The CEO of Honor in Spain says that smartphones will change with AI, foldables, and even robot phones; the component crisis is making cheap models more expensive in 2026 and shifting the focus to premium.

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.

Labor shortages in the construction industry in the United States surge, and 499,000 workers need to be urgently hired to fill open positions and support ongoing large-scale projects.

It costs less than a Honda CG 160: The new motorcycle from Shineray has a 169.30 cc engine, 13.59 hp, 18-inch wheels, and costs R$ 13,490, excluding shipping; learn everything about the SHI 170.

China suspends meat imports from a slaughterhouse in Várzea Grande, and the market tries to panic: an analyst says that the ban is common, may affect only one batch, and does not lower cattle prices.

Goodbye classic tiles: solar tiles lead a sustainable European trend that transforms rooftops into sources of clean energy, reduces electricity costs, and redefines the future of modern construction on a global scale.

Public health researcher reveals that drinking water consumed by billions may contain hidden salt, raising blood pressure in millions and increasing the risk of hypertension by up to 26%.

According to rumors, Honor may launch a phone with an 11,000 mAh battery.