Petrobras to Buy 50% Stake in Campos Basin Offshore Block From Equinor
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6 Articles
Petrobras acquires 50% stake in Campos basin exploration block
Petrobras has agreed to acquire a 50% interest in the offshore Itaimbezinho exploration block in Brazil's Campos basin, expanding its partnership with Equinor and strengthening its exploration portfolio in one of the country's key offshore regions.
Petrobras acquires 50% interest in Equinor's Itaimbezinho block in Campos Basin
Petrobras entered into an agreement with Equinor Brasil Energia for the acquisition of a 50% interest in the Itaimbezinho exploration block in the offshore Campos Basin, Brazil. Equinor currently holds a 100% interest in the block. On completion of the transaction, the consortium will be composed of Equinor as operator with 50%, Petrobras with 50% … The post Petrobras acquires 50% interest in Equinor’s Itaimbezinho block in Campos Basin appeared…
The Brazilian state oil company Petrobras has reached an agreement with the subsidiary in Brazil of its Norwegian counterpart Equinor to acquire 50% of the 'Itaimbezinho' block located in the underwater site of Cuenca de Campos. According to the press release, Equinor currently owns 100% of 'Itaimbezinho' and, after completion of the operation, the consortium will be composed of Equinor and Petrobras at 50%, while the public company Pré-Sal Petr…
Petrobras stated on Wednesday (10) that it signed a contract with Equinor for the acquisition of 50% participation of the Itaimbezinho block, in the pre-salt of the Basin of Campos. With the conclusion of the transaction, the consortium of the block will be composed of the Equinor (operator, 50%) and Petrobras (50%), in addition to the state of Pré-Sal Petróleo (PPSA), as the manager of the sharing contract. The company did not disclose transact…
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