Environment

Reuters exclusively reports Brazil’s 3R is bidding for Petrobras refinery and oilfields

Reuters exclusively reported that 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. 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 early 2021. Rio de Janeiro-based Grupo Verde Brasil and Houston-based B-in Partners have joined the 3R-led bid for the assets, Reuters sources said.

Article Tags
Topics of Interest: Environment
Type: Reuters Best
Sectors: Commodities & Energy
Regions: South America
Countries: Brazil
Win Types: Exclusivity
Story Types: Exclusive / Scoop
Media Types: Text
Customer Impact: Major Global Story
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