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

ScioSense Launches UFC23 Ultrasonic Flow Converter for High-Precision, Ultra-Low-Power Smart Metering

Longitude to Integrate SynergenOG Following ABL Group Acquisition

Petronas Signs 20-year Charter Deal with MISC for Five LNG Carrier Newbuilds

QatarEnergy, TotalEnergies and ConocoPhillips Team Up on Syria Offshore Block

Dolphin Drilling Boosts Backlog with Harbour Energy Deal, Oil India Extension

Technology as Enabler of Energy Security in Offshore Asia

Valeura Charters Shelf Drilling’s Jack-Up Rig for Gulf of Thailand Ops

Borr Drilling Expects Higher Activity as Rigs Return to Work

INPEX Extends Pertamina LNG Pact, Signs Upstream MoU in Southeast Asia

PV Drilling Names New ‘Super Rig’ ahead of April Operations

Current News

ScioSense Launches UFC23 Ultrasonic Flow Converter for High-Precision, Ultra-Low-Power Smart Metering

Inpex Expands Australia Gas Portfolio with Browse Minority Stake Deal

UAE Speeds Up Pipeline Project to Help Bypass Hormuz

PV Drilling Secures Jack-Up Rig Deal from Zarubezhneft off Vietnam

Longitude to Integrate SynergenOG Following ABL Group Acquisition

Petronas Signs 20-year Charter Deal with MISC for Five LNG Carrier Newbuilds

Global Oil Supply to Fall Short of Demand as Iran War Goes On, IEA Says

Iraq, Pakistan Secure Oil Shipments via Hormuz with Iran Agreements

Norway O&G Revenue Forecast Jumps 30% for '26

QatarEnergy, TotalEnergies and ConocoPhillips Team Up on Syria Offshore Block

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