RIO DE JANEIRO, BRAZIL - (REUTERS) Consortia led by Brazil’s 3R Petroleum Oleo e Gas SA and private equity firm Seacrest Capital have submitted binding offers for a refinery and dozens of oilfields owned by state-run Petrobras, three people familiar with the matter told Reuters.
Polo Potiguar is expected to fetch Petroleo Brasileiro SA from several hundred million dollars to over a billion dollars, two sources said. Petrobras is selling dozens of non-core assets to reduce debt and focus on deepwater oil production, and asset sales have picked up after slowing sharply during the pandemic in 2020 and . . .
To read the full NEWS and much more, Subscribe to our Premium Membership Plan. Already Subscribed? Login Here