PetroRecôncavo’s $384.2 Million Acquisition of Petróleo Brasileiro interest in 34 Production fields in Potiguar


BMA- Barbosa, Müssnich, Aragão and Machado Meyer advised on the deal.

PetroRecôncavo, through its subsidiary Potiguar E&P S.A. executed its $384.2 million acquisition of Petróleo Brasileiro’s interest in 34 Production fields in Potiguar region.

Petroreconcavo S.A. engages in the exploration, production, transportation, processing, and commercialization of oil and natural gas in Brazil.

Petroleo Brasileiro S.A. – Petrobras explores for and produces oil and natural gas. The company, led by Roberto Da Cunha Castello Branco, Andrea Marques De Almeida and Eberaldo De Almeida Neto, in 2018 recorded $88.77 billion revenues.

BMA- Barbosa, Müssnich, Aragão advised Potiguar E&P S.A. with Fábio Henrique Peres (Picture) Rodrigo de Teive e Argollo Mariani.

Machado Meyer advised Petróleo Brasileiro S.A.- Petrobras with Luiz Fernando Faia Mascaro, Arthur Bardawil Penteado, Antonio Carlos Amorim Castello Branco, Daniel Oberstern Calil and Murilo Bertoldi Filho.

Involved fees earner: Rodrigo de Teive e Argollo Mariani – Barbosa, Müssnich & Aragào; Fábio Henrique Peres – Barbosa, Müssnich & Aragào; Antonio Carlos Amorim – Machado Meyer Advogados; Murilo Bertoldi – Machado Meyer Advogados; Luiz Fernando Faia Mascaro – Machado Meyer Advogados; Daniel Oberstern Calil – Machado Meyer Advogados; Arthur Penteado – Machado Meyer Advogados;

Law Firms: Barbosa, Müssnich & Aragào; Machado Meyer Advogados;

Clients: Petrobras; PetroRecôncavo S.A.;

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Author: Ambrogio Visconti.