Total agora tem 70% da Landulpho Alves após venda pela Petrobras

Total Now Holds 70% of Landulpho Alves After Petrobras Sale

Written by Paulo Nogueira

Published on 31/07/2018 at 03:14

Updated on 31/07/2018 at 09:16

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Petrobras Sold 70% of Landulpho Alves to Total Company According to Union Information.

In the city of São Francisco do Conde, Bahia, the sale of 70% of Landulpho Alves Refinery (Rlam) by Petrobras to Total was announced by Sindipetro-BA (Bahia Oil Workers Union). Being the second-largest refinery in the country in terms of “processing capacity,” Rlam started operations in 1950 and was the first to have refining capacity in Petrobras’s system. Petrobras had been in advanced discussions and meetings with Total, and it is worth noting that the company also has stakes in thermoelectric plants in Salvador (Metropolitan Region).

Petrobras as a Minority Shareholder

In previous conversations, representatives of Sindipetro reported that the Brazilian state oil company was in advanced talks with the French company Total, which indeed has stakes in thermoelectric plants in the Metropolitan Region of Salvador (RMS). With this sale of 70% of the refinery, Petrobras will remain a minority shareholder, holding only the remaining 30%. With this new direction, the refinery has already started gathering information such as employee benefits, profiles, outsourced personnel, absences, ongoing contracts, etc., according to Sindipetro-BA.

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Total Now Holds 70% of Landulpho Alves After Petrobras Sale

Petrobras Sold 70% of Landulpho Alves to Total Company According to Union Information.

Petrobras as a Minority Shareholder

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