Petrobras on Sale of Thermal Power Plant

Source: www.gulfoilandgas.com 11/30/2022, Location: South America

Petrobras, following up on the releases disclosed on 08/14/2020 and 06/15/2020, informs that its Executive Board has approved the termination of the competitive process for the sale of the Canoas Thermoelectric Plant (UTE Canoas).

Despite the efforts made in this process, it was not possible to obtain adequate commercial conditions for the transaction, thereby opting for its termination. Petrobras will evaluate its next steps regarding the divestment of the asset.

The company continues to periodically reevaluate its portfolio of assets and reinforces its commitment to comprehensive transparency in its divestment processes and portfolio management and informs that subsequent steps will be disclosed to the market in accordance with the company's Divestment Systematics and Decree 9,188/2017.

About the Thermal Power Plant
UTE Canoas is a Petrobras asset located in the municipality of Canoas - RS. The plant is bi-fuel, and can operate with natural gas or diesel oil, with installed capacity of 249 MW.


Canada >>  1/24/2023 - Copenhagen Infrastructure Partners (CIP), on behalf of Copenhagen Infrastructure Fund IV, is pleased to announce that it has sold its 100% ownership i...
United States >>  1/24/2023 - Matador Resources Company (NYSE: MTDR) (“Matador” or the “Company”) today announced that a wholly-owned subsidiary of Matador has entered into a defin...

United States >>  1/23/2023 - Camber Energy, Inc. (NYSE American: CEI) ("Camber" or the "Company") is pleased to announce that on January 20, 2023 it entered into a Membership Inte...
Norway >>  1/21/2023 - The Kuwait Foreign Petroleum Exploration Company (KUFPEC) announced that it had obtained the exploration concession (PL-1174S) from the Norwegian Mini...

Italy >>  1/20/2023 - In 2020, Hamburger Hafen und Logistik AG (HHLA) signed a contract to take over a majority stake of 50.01 percent in the multi-purpose terminal “Piatta...
Thailand >>  1/19/2023 - Jadestone Energy plc (“Jadestone”, or the “Company”) an independent oil and gas production company focused on the Asia-Pacific region, is pleased to a...




Gulf Oil and Gas
Copyright © 2021 Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.