Petrobras says that it has started the opportunity disclosure stage (teaser), regarding the sale of the entire 20% stake held by its subsidiary Petrobras America Inc. (PAI) in the company MP Gulf of Mexico, LLC. (MPGoM), located in Texas, USA, which owns offshore fields in the Gulf of Mexico.
The teaser, which includes key information about the opportunity, as well as the eligibility criteria for the selection of potential participants, is available on the Petrobras Investor Relations website: https://www.investidorpetrobras.com.br/en/results-and-notices/teasers.
The main subsequent stages of the project will be reported to the market in due course. This disclosure is in accordance with Petrobras' internal rules.
This transaction is in line with the company's strategy of portfolio optimization, debt reduction, and capital allocation improvement, as it increasingly concentrates its resources in world-class assets in deep and ultradeep waters in Brazil, where Petrobras has shown a great competitive edge over the years.
Source: Market Screener
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