Petrobras May Divest $15 Bln Over Next Few Years

Friday, November 30, 2018

Brazil's state-controlled oil company Petroleo Brasileiro SA is considering divesting up to $15 billion within the next few years, one person with knowledge of the matter said on Thursday.

The total divestment goal has not been approved yet and is being discussed for the business plan for 2019-2023 that will be approved by the Petrobras board in December, the source added, asking for anonymity due to lack of authorization to discuss the matter publicly.


(Reporting by Rodrigo Viga Gaier; Writing by Tatiana Bautzer; Editing by Phil Berlowitz)

Categories: Finance Energy Offshore Energy Deepwater Oil South America Floating Production

Related Stories

Chevron Enlists Velesto’s Jack-Up Rig for Drilling Job off Malaysia

Oil Rises on Dual Shipping Threat in Hormuz and Red Sea

Oil Rises 2% as Middle East Hostilities Escalate

Sunda Energy Applies for Exploration Permit Offshore New Zealand

Tetragon Energy Advances Oil and Gas Exploration Activities off Philippines

Dolphin Drilling’s Blackford Dolphin Secures More Work for Oil India

Israel Steps Up Mediterranean Gas Search

Markets: Oil Majors Reload Exploration Hoppers Across Sub-Saharan Africa

TGS Books 3D Streamer Seismic Job in Africa and Middle East region

Indonesia Targets Higher Oil and Gas Output in 2027

Current News

Chevron Enlists Velesto’s Jack-Up Rig for Drilling Job off Malaysia

ABL Gets Papua New Guinea FSO Job

Energean Lifts Karish Fields FPSO Oil Processing Capacity

Oil Rises on Dual Shipping Threat in Hormuz and Red Sea

ADNOC Approves $6.2B Offshore Umm Shaif Gas Project

Velesto Frees Up Drilling Rig After Early Contract Termination off Indonesia

Jadestone Energy Lifts Malaysia Production with Second Online Well

Searah Malaysia Starts Upstream Oil and Gas Operations

Inpex Starts Construction of Indonesia's Abadi LNG Project

Hormuz Crossings Decline as US Renews Iran Blockade

Subscribe for AOG Digital E‑News

AOG Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

https://accounts.newwavemedia.com