Stay updated with breaking news from Petrom produ. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Petrobras sells 50% stake in Brazilian field to Petrom offshore-technology.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from offshore-technology.com Daily Mail and Mail on Sunday newspapers.
- Petrobras concludes the sale of onshore... euro-petrole.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from euro-petrole.com Daily Mail and Mail on Sunday newspapers.
Brazil: Petrobras announces sale of onshore field in Sergipe 11 May 2021 Petrom Produção de Petróleo & Gás Ltda. (Petrom) a contract for the sale of its entire 50% stake in the onshore field of Rabo Branco, located in the Sergipe-Alagoas Basin, in the State of Sergipe. The signing results from the exercise of the right of first refusal by Petrom, which holds the remaining 50% stake in the field. On December 11, 2020, Petrobras signed with Energizzi Energias do Brasil Ltda. (Energizzi) a purchase and sale contract for its entire stake in the Rabo Branco field, with one of the precedent conditions to the closing of the operation being the non-exercise of the right of first refusal by the operator Petrom. In this process, Petrom communicated the exercise of its right of first refusal to Petrobras, which led to the termination of the purchase and sale contract with Energizzi and the execution of the contract with Petrom, under the same previously established condi ....