Over US$1 billion, 3R Petroleum dares to make the best proposal for Petrobras' Potiguar complex, and the Brazilian oil giant is about to fill its piggy bank!
Petrobras informed in a material fact on this day (27/08) that it entered into the negotiation phase with 3R Petroleum for the sale of the Potiguar Pole, a set of 26 concessions for onshore and shallow water production fields, including the Clara Camarão Refinery and the Guamaré Terminal, located in Rio Grande do Norte.
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“3R Petroleum was the company that presented the best proposal, worth more than US$ 1 billion, and the company's executive board approved the beginning of the negotiation phase”, says the company, in a statement.
Petrobras also said that the conclusion of the transaction will depend on the result of the negotiations, as well as the necessary corporate approvals.
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Already 3R Petroleum said that the potential acquisition of the pole is in line with the strategy of creating value for its investors, through the acquisition of mature fields that present potential to increase production and reserves, as well as synergies with the company's current portfolio.