PetroRio informed this Friday that the consortiums in which it participates were chosen to begin exclusive negotiations on the final terms for the purchase of Petrobras’ Albacora and Albacora Leste fields.
According to the oil company, there is the possibility of there being a final offer on the assets, in the Campos basin, which helped trigger Petro Rio’s shares.
Previously, Reuters reported that PetroRio participates in a consortium with Cobra, a subsidiary of the French company Vinci.
According to analyst at Credit Suisse Regis Cardoso, the news is positive for Petro Rio.
“Albacora and Albacora Leste are important assets, with more than double Petro Rio’s production,” the bank said, noting that previous news from Brasil Energia indicated that the offer for the two fields could add up to around US$4 billion.
The shares of PetroRio (PRIO3) rise 18.17%, to R$ 17.64, at 1:10 pm, Brasília time
Reference: CNN Brasil
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