Divestment Plan

Redepetro: sale of the Potiguar Pole will boost the sector

T&B Petroleum/Press Release
26/08/2020 19:36
Redepetro: sale of the Potiguar Pole will boost the sector Imagem: Divulgation Visualizações: 2038 (0) (0) (0) (0)

Announced on 08/24 by Petrobras, the sale of Polo Potiguar will rekindle the oil and gas activity in Rio Grande do Norte. The assessment is of the Associação Redepetro RN, which brings together companies in the sector. According to the entity, the negotiation will cause a turnaround in the market: it will replace the divestment of Petrobras by private sector investments.

 

Petrobras initiated a process to sell all of its stakes in a set of 26 concessions for onshore and shallow water production fields in Rio Grande do Norte, which form the Potiguar Pole. The asset comprises the Canto do Amaro, Alto do Rodrigues and Ubarana subpoles, with 23 land and three sea concessions.

 

It also includes access to processing, refining, logistics, storage, transportation and outflow infrastructure for oil and natural gas. The company pointed out that the Clara Camarão refinery, located in the municipality of Guamaré, which has an installed refining capacity of 39,600 barrels of oil per day, is included in the transaction.

 

New scenario

 

The president of Redepetro RN, Gutemberg Dias, estimates that the sale will consolidate a new reality in the Rio Grande do Norte basin, which started with the negotiation of 46 concessions, which moved around R $ 2.1 billion in seven months. "The departure of Petrobras does not mean the end of the oil activity in RN. On the contrary. It will bring opportunities for the entire production chain", he observes.

 

Dias cites the example of the Riacho da Forquilha field in Mossoró, recently acquired by the company Potiguar E&P. "In just six months after taking over the field, production increased by 30%", he recalls. These and other figures, according to him, have turned Rio Grande do Norte into a national reference in the revitalization of onshore fields.

 

"Petrobras' decision is not a setback, but a turning point in the market. Instead of an oil company with no interest in investing, large companies will arrive, determined to make new investments," he says. These large corporations - he observes - will hire labor, sublet smaller companies, buy in local commerce, in short, move the chain.

 

Petrobras needs to clarify - warns Gutemberg Dias - whether the sale of the pole will be single or fractional. "It would be interesting for several companies to buy the potiguar asset, because new entrants would generate more business. Our caveat is that there is plurality for the dynamization of the business, and not the sale of the entire pole to a single company", he ponders.

 

Association of companies sees opportunities for the production chain

 

Announced on Monday (24) by Petrobras, the sale of Polo Potiguar will rekindle oil and gas activity in Rio Grande do Norte. The assessment is of the Associação Redepetro RN, which brings together companies in the sector. According to the entity, the negotiation will cause a turnaround in the market: it will replace the divestment of Petrobras with contributions from the private sector.

 

Petrobras initiated the process to sell all of its stakes in a set of 26 concessions for onshore production fields and shallow water in Rio Grande do Norte, which form the Potiguar Pole. The asset comprises the Canto do Amaro, Alto do Rodrigues and Ubarana subpoles, with 23 land and three sea concessions.

 

It also includes access to processing, refining, logistics, storage, transportation and outflow infrastructure for oil and natural gas. The company pointed out that the Clara Camarão refinery, located in the municipality of Guamaré, which has an installed refining capacity of 39,600 barrels of oil per day, is included in the transaction.

 

New scenario 

The president of Redepetro RN, Gutemberg Dias, estimates that the sale will consolidate a new reality in the Rio Grande do Norte basin, which started with the negotiation of 46 concessions, which moved around R $ 2.1 billion in seven months. "The departure of Petrobras does not mean the end of the oil activity in RN. On the contrary. It will bring opportunities for the entire production chain", he observes.

 

Dias cites the example of the Riacho da Forquilha field in Mossoró, recently acquired by the company Potiguar E&P. "In just six months after taking over the field, production increased by 30%", he recalls. These and other figures, according to him, have turned Rio Grande do Norte into a national reference in the revitalization of onshore fields.

 

"Petrobras' decision is not a setback, but a turning point in the market. Instead of an oil company with no interest in investing, large companies will arrive, determined to make new investments," he says. These large corporations - he observes - will hire labor, sublet smaller companies, buy in local commerce, in short, move the chain.

 

 

 

Most Read Today
see see
FIRJAN
Despite Tariff Hikes, Oil Drives Rio's Trade Flow Up 9% ...
27/02/26
Royalties
December Production Royalty Payments Distributed to Stat...
26/02/26
Award
BRAVA Energia Wins Top Honor at OTC Houston for Atlanta ...
26/02/26
Strategic Agenda
ABPIP Presents 2026 Strategic Agenda to Chairman of the ...
26/02/26
People
TVO Enhances Project Management Expertise
26/02/26
Memorandum of Understanding
Wärtsilä and Abu Dhabi Maritime Academy explore collabor...
12/02/26
Pre-Salt
Petrobras platform P-79 arrives at the Búzios field
12/02/26
Results
Petrobras’ oil and gas production rises 11% and reaches ...
12/02/26
Permanent Offer
Comprehensive and Unprecedented Joint Statement Speeds U...
12/02/26
PPSA
MME and MMA Clear Strategic Pre-Salt Areas, Enabling the...
12/02/26
Biomethane
Biomethane in Focus with Debate on Credit, Regulation, a...
12/02/26
People
Mario Ferreira is the New Commercial Manager at Wiz Corp...
11/02/26
Visas Agreement
Brazil implements electronic VISIT Visa for Chinese citizens
22/01/26
Biofuels
Sifaeg Highlights New Investment Cycle and the Consolida...
21/01/26
Drilling
Foresea’s Norbe IX Drillship Undergoes Scheduled Mainten...
21/01/26
State of Ceará
Companies from Ceará lead the H2MOVER-Pecém project, sel...
08/01/26
Maritime Support
Ambipar carries out more than 600 port and maritime emer...
07/01/26
Petrobras
Petrobras celebrates 20 years of the Santos Basin Unit
07/01/26
Pelotas Basin
TGS launches maritime safety application for operations ...
07/01/26
Diesel
Petrobras and Vale move forward with fuel supply partnership
07/01/26
ANP
In November, Brazil produced 4.921 million boe/d
07/01/26
VEJA MAIS
Newsletter TN

Contact us

We use cookies to ensure you have the best experience on our website. If you continue to use this site, we will assume that you agree with our Privacy Policy, terms of use and cookies.