10
Jul
2017

Petrobras divestment continues with Maromba and Paraguay sales

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Brazil's state-run oil and gas company, Petrobras, has announced two new sales of assets as part of its USD 21 billion divestment strategy for 2017-18.

The company said it intends to sell its full share (70%) in the offshore Maromba field in the Campos basin, with US major Chevron, which owns the remaining 30% in Maromba, also looking to sell its full stake in the field. This means that 100% of the rights to the discovery is up for grabs.

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