Brazil player to fuel aggressive growth strategy with second offering on Sao Paulo bourse

Brazilian newcomer 3R Petroleum is pulling out the stops to snap up unwanted Petrobras assets as oil giant focuses on core pre-salt assets

Offering: Brazil's 3R Petroleum has applied to stage a second stock issue on the Sao Paulo stock exchange — Offering: Brazil's 3R Petroleum has applied to stage a second stock issue on the Sao Paulo stock exchangePhoto: AFP/SCANPIX

Gareth Chetwynd

London

Brazil 3R Petroleum DBO Energy Petrobras Americas

Published 8 February 2021, 11:25Updated 8 February 2021, 11:25