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: 2244 (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
see see
Niterói
Niterói concludes second edition of Tomorrow Blue Econom...
02/12/25
Recognition
ABS Consulting Earns Third Elev8 GovCon Honor for Excell...
22/11/25
Award
Aed Energy Wins at the 2025 Energy Storage Awards
22/11/25
Mossoró Oil & Gas Energy 2025
PetroSupply Meeting to Boost Business at Mossoró Oil & G...
21/11/25
Results
Union’s Oil Production Reached 174 Thousand Barrels per ...
21/11/25
International Company News
TGS Extends Agreement with the Government of the Federal...
21/11/25
Company News
Belga Marine and Global Maritime Announce Strategic Part...
21/11/25
Niterói
Tomorrow Blue Economy sets Niterói in motion in the coun...
13/11/25
Cop30
ANP Participates in the Event and Advances Measures for ...
13/11/25
FIRJAN
Enaex 2025 Discusses Reindustrialization, Brazil’s Compe...
13/11/25
Mossoró Oil & Gas Energy 2025
Mossoró Oil & Gas Energy to Feature Strategic Debates in...
13/11/25
Company News
Norsul becomes the first company in Latin America to ado...
11/11/25
ADIPEC 2025
From energy to intelligence to impact: ADIPEC 2025 sets ...
07/11/25
ADIPEC 2025
ADIPEC 2025 Day 3: Energy, finance and technology leader...
07/11/25
Results
Petrobras reaches net income of R$ 32.7 billion in the t...
07/11/25
Cop30
IBP Advocates Global Criteria for a Just Energy Transition
07/11/25
Offshore
Decommissioning Takes Center Stage
07/11/25
Natural Gas
ANP Approves Action Plan on Gas Pipeline Transportation ...
07/11/25
ADIPEC 2025
AI is no longer a side project: Technology leaders at AD...
05/11/25
Environment
ANP Holds Workshop on Methane Emissions in Partnership w...
05/11/25
International Event
International Energy Event Opens Registration for Activities
05/11/25
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.