Prio SA (Prio), formerly PetroRio SA, carries out exploration, development and production of oil and natural gas properties. It provides investment and recovery of oil production assets. The company also includes in the development of solid growth platforms production that includes the acquisition of production assets. PetroRio operates several oil blocks South of the Campos Basin, in Rio de Janeiro and also operates the Polvo Field. The company also provides acquisition of assets, efficient management, cost reduction, project optimization, positioning and other programs. It operates reserves for natural gas. Prio is headquartered in Rio de Janeiro, Brazil.
Prio SA premium industry data and analytics
Products and Services
Products | Services |
---|---|
Natural Gas | Acquisition of Assets |
Crude Oil | Efficient Management |
Project Optimization | |
XYZ | |
XYZ | |
XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
Year | Event | Description |
---|---|---|
2023 | Contracts/Agreements | In September, the company awarded a transportation and installation contract to McDermott for the Wahoo field, offshore Brazil. |
2023 | Acquisitions/Mergers/Takeovers | In March, the company acquired remaining 40% stake in BM-C-32 Block in Brazil from TotalEnergies. |
2022 | Others | In September, the company and Petrobras terminated their plans to sell Albacora field to PetroRio. |
Competitor Comparison
Key Parameters | Prio SA | Petroleo Brasileiro SA | Cosan SA | 3R Petroleum Oleo E Gas SA | Enauta Participacoes SA |
---|---|---|---|---|---|
Headquarters | Brazil | Brazil | Brazil | Brazil | Brazil |
City | Rio De Janeiro | Rio De Janeiro | Sao Paulo | Rio De Janeiro | Rio De Janeiro |
State/Province | - | - | - | - | Rio de Janeiro |
No. of Employees | 90 | 46,730 | 53,498 | 531 | 152 |
Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
Name | Position | Board | Since | Age |
---|---|---|---|---|
Nelson Queiroz Tanure | Chairman | Executive Board | - | - |
Emiliano Fernandes Lourenço Gomes | Director; Vice Chairman | Executive Board | - | - |
Roberto Bernardes Monteiro | Director; Chief Executive Officer | Executive Board | - | - |
Milton Salgado Rangel Neto | Chief Financial Officer | Senior Management | - | - |
Francisco Francilmar Fernandes | Chief Operating Officer | Senior Management | - | - |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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