Tag: Petrobras
Brookfield-led group to buy stake in Petrobras natgas pipeline
Brookfield, other investors to pay $4.34 billion on closing, $850 million in five years By Jeb Blount RIO DE JANEIRO, Sept 23 (Reuters) – Brazil’s state-owned oil producer Petrobras agreed to sell 90 percent of a natural gas pipeline unit to a group led by Canada’s Brookfield Asset Management Inc for $5.2 billion, the companies […]
Petrobras sells 90 per cent share in gas pipeline to Canadian asset management group
Petrobas, Brookfield deal valued at $5.2 billion By Tatiana Bautzer SAO PAULO, Sept 6 (Reuters) – Brazil’s state-run oil company Petroleo Brasileiro SA agreed to sell 90 percent of its natural gas pipeline unit to a group of investors led by Canada’s Brookfield Asset Management Inc for $5.2 billion, a source with direct knowledge of the deal […]
2017 Brazil subsalt oil rights sale to unlock stalled fields
Brazil subsalt sale key to developing delayed Carcará area By Jeb Blount RIO DE JANEIRO, July 6 (Reuters) – Four areas in the prolific Brazil subsalt region will be for sale by mid-2017 to speed up development of offshore oil and gas discoveries blocked by nationalist energy policies and state-run Petrobras’ debt and financial woes. One of the […]
Vantage Drilling denies Petrobras kickback allegations
Vantage CEO Paul Bragg says no evidence of “improper activity” by his company Vantage Drilling is denying reports its contract for ultra-deep water drilling is behind the arrest of yet another Petrobras executive for his alleged involvement in the kickback scandal that has buffeted Brazil’s biggest company. The Federal Prosecutor’s Office says in a statement that federal […]
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