Petrobras

Sale of Azulão Field

Petrobras Agency
23/11/2017 20:44
Visualizações: 1042 (0) (0) (0) (0)

Petrobras, further to the Material Fact of 05/15/2017 and Press Release of 06/19/2017, informs that it has signed, today, with the company ENEVA SA, through its subsidiary Parnaíba Gás Natural SA, the contract for the assignment of the totality of its participation in the Azulão Field (Concession BA-3), located in the state of Amazonas.


The total amount of the operation is US$ 54.5 million and will be paid on the closing date of the deal.


The transaction is part of the 2017-2018 Partnerships and Divestments Program and is in line with Petrobras' portfolio management policy, which prioritizes investments in assets with greater potential for short-term operational generation and greater possibility of capital optimization and economies of scale.


The completion of this deal is subject to the fulfillment of usual precedent conditions, including approval by the National Petroleum, Natural Gas and Biofuels Agency (ANP) and by the Administrative Council for Economic Defense (CADE).


The disclosure to the market herein is in compliance with Petrobras' divestment methodology and is aligned with the guidelines of the Federal Accounting Court (TCU – Tribunal de Contas da União).

Most Read
see see
Decarbonization
EPE to Launch Analysis on Decarbonization of Brazilian E...
13/06/25
FIRJAN
At the Launch of the Rio Oil Yearbook, Business Leaders ...
13/06/25
Permanent Offer
ANP to Hold 5th Cycle of the Permanent Concession Offer ...
13/06/25
Award
Unique Group Celebrates Prestigious Wins at 2025 cHeRrie...
13/06/25
Business
ANP to Hold Public Consultation and Hearing on Update of...
12/06/25
RenovaBio
ANP Approves New Regulation for Biofuels Certification
12/06/25
E&P
ANP Approves Resolution Establishing Requirements for Fu...
12/06/25
Bahiagás
Luiz Gavazza Highlights Bahiagás’ Expansion and Bahia’s ...
12/06/25
Event
SP Offshore 2025: Second Edition Boosts a New Phase for ...
12/06/25
Bahia Oil & Gas Energy 2025
Innovation in Its DNA: How Comquality Is Revolutionizing...
04/06/25
Bahia Oil & Gas Energy 2025
Oil States Showcases Commitment to Innovation and Energy...
04/06/25
Permanent Offer
Permanent Offer Auction Notice and Environmental Licensi...
04/06/25
Environment
Supergasbras Expands Actions to Reduce CO₂ Emissions in ...
04/06/25
Sergipe Oil & Gas 2025
Sergipe Oil & Gas 2025 Launched with Focus on Innovation...
04/06/25
Marginal Fields
Fiscal Measures with Disproportionate Impact on Independ...
04/06/25
Investments
Transpetro launches tender to enter barge operation segment
30/05/25
Bahia Oil & Gas Energy 2025
Bahia Oil & Gas Energy surpasses 13,000 registrants and ...
30/05/25
Bahia Oil & Gas Energy 2025
Marquise Ambiental presents industrial waste solutions a...
30/05/25
Bahia Oil & Gas Energy 2025
Bahia Oil & Gas Surpasses Expectations and Strengthens I...
29/05/25
Bahia Oil & Gas Energy 2025
Petroborn Plans to Invest US$ 35 Million in Northeastern...
29/05/25
Bahia Oil & Gas Energy 2025
GBS Storage Discusses Unprecedented Natural Gas Storage ...
29/05/25
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.