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

Vantage Drilling’s Ultra-Deepwater Drillship Heads to India Under $260M Contract

Japan’s JERA Agrees Long-Term LNG Supply from Middle East

Eni Enlists Shearwater for 3D Seismic Survey in Timor Sea

ADNOC Gas Signs $3B LNG Supply Deal with India’s HPCL

Philippines Makes First Offshore Gas Discovery in Over a Decade

PV Drilling’s Jack-Up Rig Returns to Asia Ahead of April Drilling Ops

DOF Bags Two Deals in Asia-Pacific Region

CNOOC Puts New South China Sea Development Into Production Mode

MODEC Forms Dedicated Mooring Solutions Unit

Major Oil and Gas Projects Drive Strong OSV Demand in the Middle East

Current News

DUG Hooks Multi-Client Seismic Reprocessing Survey off Malaysia

MISC, PTSC Extend Ruby II FPSO Operations Offshore Vietnam

Petronas Takes Operatorship of Oman’s Offshore Block 18

Mubadala Hires SLB for Deepwater Drilling Services Offshore Indonesia

Malaysia Offers Nine Exploration Blocks in 2026 Bid Round

Seatrium Unit Launches Arbitration Against Petrobras over FPSO Contract

Transocean-Valaris Tie-Up to Create $17B Offshore Drilling Major with 73 Rigs

Malaysia Oil and Gas Projects Advance with Petronas' PSC and Farm-Out Deals

Vantage Drilling’s Ultra-Deepwater Drillship Heads to India Under $260M Contract

EnQuest Secures Extension for Vietnam's 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