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3R Petroleum fined for submitting misleading information to Brazil's CADE

By Maria Júlia Baumert ( November 13, 2024, 19:39 GMT | Insight) -- 3R Offshore, owned by 3R Petroleum, was fined 206,000 reais (US $35,480) for omitting key information and submitting misleading statements while filing the full-form notification for its acquisition of the Papa-Terra oil field. The decision was set by the Brazilian competition authority at a ruling session today.3R Offshore, owned by 3R Petroleum, was fined 206,000 reais (US $35,480) by the Brazilian competition authority for omitting key information and submitting misleading statements while filing the full-form notification for its acquisition of the Papa-Terra oil field....

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