Gulf Oil and Gas accountACCOUNT

Petrobras on Sale of Fertilizer Unit in Paraná

Source: www.gulfoilandgas.com 9/17/2020, Location: South America

Petrobras, informs that it has started the opportunity disclosure stage (teaser), referring to the sale of all its shares in the company Araucária Nitrogenados S.A. (ANSA), in the state of Paraná.

The main subsequent stages of the project will be reported to the market in due course.

This disclosure complies with Petrobras internal rules and the special regime of assets divestment by federal mixed capital companies, provided for in Decree 9.188/2017.

This transaction is aligned with the strategy of portfolio optimization and the improvement of the company’s capital allocation, aiming at maximizing value for its shareholders.

About Araucária Nitrogenados S.A.
ANSA has an industrial unit of nitrogen fertilizers located in Araucária, in the state of Paraná. With a production capacity of 1,975 tons/day of urea and 1,303 tons/day of ammonia, the plant is currently mothballing. The resumption of the plant's production or its transformation for another purpose will be the responsibility of the future buyer.

Acquisitions and Divestitures News in Brazil >>

South Africa >>  10/28/2020 - Impact Oil & Gas Limited, a privately-owned, African-focused, exploration company, is pleased to announce that its wholly-owned subsidiary, Impact Afr...
Nigeria >>  10/26/2020 - Canadian Overseas Petroleum Limited, an international oil and gas exploration and development company focused on sub-Sahara Africa, is pleased to ann...

United States >>  10/26/2020 - Mosman Oil and Gas Limited, the oil exploration, development, and production company, announces it has today executed contracts to acquire an addition...
Egypt >>  10/25/2020 - Dana Gas PJSC has entered into a binding agreement with IPR Wastani Petroleum Ltd, a member of the IPR Energy Group (“IPR”) for the sale of its onshor...

Australia >>  10/23/2020 - Terra Nova Resources Inc. has received notice from Armour Energy Limited that Armour intends to exercise its option right (the “Option Right”) to acqu...
Brazil >>  10/23/2020 - Petrobras has started the opportunity disclosure stage (teaser), referring to the sale of a set of eleven onshore production field concessions, with i...




Brazil Oil & Gas 1 >>  2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 | 20 | 21 | 22 | 23 | 24 |

More News

Related Links

Gulf Oil and Gas
Copyright © 2020 Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.