PetroSantander’s $384.2 Million Acquisition of Projeto Topázio’s 34 onshore oilfields from Petrobras


Felsberg Advogados advised PetroSantander on the deal

PetroSantander executed its $384.2 Million Acquisition of Projeto Topázio’s 34 onshore oilfields from Petrobras.

PetroSantander, Inc. engages in exploration and production of oil and gas in the United States, Colombia, and Brazil. The company holds of 50% stake in PetroRecôncavo.

Petrorecôncavo presented the second best offer of the competitive process. However, it was chosen by Petrobras after the 3R Petroleum company was disqualified.

PetroRecôncavo is the largest independent Brazilian oil & gas onshore exploration and production company.

Felsberg Advogados advised PetroSantander with a team including Luis Menezes (Picture), Claudia Maniaci and Lucas Ruggieri.

Involved fees earner: Claudia Maniaci – Felsberg Advogados; Luis Antonio Menezes da Silva – Felsberg Advogados; Lucas von Wieser Ruggeri – Felsberg Advogados;

Law Firms: Felsberg Advogados;

Clients: PetroSantander, Inc.;