PetroReconcavo signs 5-year oil sales contract with Brava Energia for at least 50% of Potiguar output

Reuters2026/08/06 22:30

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PetroReconcavo signed a long-term crude oil sales agreement with Brava Energia covering output from its Potiguar Asset.
Contract term runs from Oct. 1, 2026 to Dec. 31, 2030; existing commercial amendments stay in place until then.
Deal commits both sides to buy and sell at least 50% of PetroReconcavo’s net oil production from the covered fields.
Agreement updates pricing methodology, keeps refining-linked market indicators, aiming to improve alignment with market conditions and operational efficiency.
Structure preserves supply to Brava’s refinery, keeps an alternative export route via the Port of Pecém.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. PetroReconcavo SA published the original content used to generate this news brief on August 06, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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PetroReconcavo signs 5-year oil sales contract with Brava Energia for at least 50% of Potiguar output

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