Company Profile
Prio provides the exploration, development, and production of oil and natural gas properties in Brazil and globally. The company holds 100% interest in the Polvo Field covering an area of approximately 134 square kilometers located in the southern portion of the Campos Basin, Rio de Janeiro The Frade Field that consists of approximately 154 square kilometers located in the northern region of the Campos Basin, Rio de Janeiro.
It also holds interest in the Albacora leste Field and the Wahoo and Itaipu Field located in the Camumu Basin, State of Bahia. Additionally, it imports, exports, refines, sells, and distributes oil, natural gas, fuels, and oil by-products; and engages in the generation, sale, and distribution of electric power Holds interests in other companies. Incorporated in 2009 and headquartered in Rio de Janeiro, Brazil, Prio was formerly known as Petro Rio S.A. before rebranding in May 2023.