Brazilian state oil giant Petrobras has picked a consortium of PetroRio SA and Cobra, a subsidiary of France’s Vinci SA, to start talks on developing the Albacora offshore oilfield, four people with knowledge of the matter said.
The consortium’s bid was chosen over a rival offer from a group comprising private equity firm EIG Global Energy Partners with Brazil’s Enauta Participacoes SA and 3R Petroleum Oleo e Gas SA, the sources, who requested anonymity, said on Wednesday.
Petrobras was now expected to enter talks for the Albacora field with the consortium led by PetroRio, the sources said.
Petrobras, formally known as Petroleo Brasileiro SA, referred Reuters to a securities filing on Thursday that said it had not made any award.
PetroRio, whose shares were up almost 4% in early trade, said in a filing on Thursday it had not been formally notified by Petrobras regarding the selection of a preferred bidder.
Source: Reuters
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