Ubuntu Engenharia e Serviços, an Oil & Gas engineering and service company, agreed to acquire Partex Brasil, a provider of oil and gas exploration services, and Partex Brasil Operações Petrolíferas, a provider of oil and gas exploration services, from PTTEP, a petroleum exploration and production company. Financial terms were not disclosed. Partex Brasil Ltda. is a concessionaire holding 50% interest in the Potiguar Project which is an onshore oil field located in the northeast of Brazil, with the average crude sales volume of 94 barrels per day (50% interest) in 2020. The divestment is part of portfolio rationalization to be aligned with the Company’s investment direction.