Mergers & Acquisitions ·
Petrobras has finalized the acquisition of operatorship and a 75% interest in Block 3, located offshore São Tomé and…
PBRPetrobras - Petroleo Brasileiro SA
Petrobras has finalized the acquisition of operatorship and a 75% interest in Block 3, located offshore São Tomé and Príncipe. The consortium includes Petrobras as operator, Oranto with a 15% interest, and the National Petroleum Agency of São Tomé and Príncipe with a 10% interest. This transaction follows an initial disclosure on April 17, 2026, and aims to replenish oil and gas reserves through international frontier exploration. Petrobras is an integrated energy company engaged in oil and gas exploration and production.