A consortium of Talos Energy Inc, private equity firm EIG Global Energy Partners, Enauta Participacoes SA and 3R Petroleum Oleo e Gas SA has presented non-binding offer for buying the two Brazilian oilfields of Albacora and Albacora Leste, five sources told Reuters.
This came a as apart of the company’s strategy to rapidly deleverage by selling non-core assets.
Reuters emphasized that if this transaction is successfully executed, it would be a significant geographic shift for Talos.
Two of the sources added that there are likely other bidders for the oilfields.
Talos, Enauta Consortium to Bid for Petrobras Albacora Fields
Thursday, 11th February 2021

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Last Modified March 4, 2021
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