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Cade's Technical Department Approves Operation Between Petrobras and Equinor Brazil

Summary by Globo
The General Superintendency (SG) of the Administrative Council for Economic Defense (Cade) approved the contract signed between Petrobras and Equinor Brasil Energia to acquire a 50% interest in the Itaimbezinho block, offshore of the Campos Basin. If no competitor or advisor questions approval within the next fifteen days, it will be considered definitive. Currently, Equinor owns 100% of the Itaimbezinho block and, with the completion of the tra…

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The General Superintendency (SG) of the Administrative Council for Economic Defense (Cade) approved the contract signed between Petrobras and Equinor Brasil Energia to acquire a 50% interest in the Itaimbezinho block, offshore of the Campos Basin. If no competitor or advisor questions approval within the next fifteen days, it will be considered definitive. Currently, Equinor owns 100% of the Itaimbezinho block and, with the completion of the tra…

·Brazil
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Globo broke the news in Brazil on Thursday, July 2, 2026.
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