Sale of stake in 34 onshore fields in Rio Grande do Norte
Rio de Janeiro based Petrobras’ board of directors approved yesterday the full sale of its stake in 34 onshore production fields, located in the Potiguar Basin, in Rio Grande do Norte state, to the company 3R Petroleum.

The 34 concessions are mature fields in production for over 40 years, with wide geographical dispersion, located about 40 km south of the city of Mossoró-RN. The fields are being sold in a single package called Polo Riacho da Forquilha, whose current production is approximately 6 thousand barrels of oil per day, Petrobras said.

All concessions are 100% Petrobras except for the fields of Cardeal and Colibri, where Petrobras holds 50% stake alongside Partex as op...

Legal Notice