25 April 2024
Petrobras hoists 'for sale' sign over Amazon gas fields to keep courts happy
Publication date: 24 May 2017
Gas Strategies Group
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Brazilian major Petrobras has revealed plans to put a pair of productive gas fields in the Amazon up for sale, as part of the company’s wider goal to divest USD 21 billion of assets by 2018.
Petrobras is releasing investment teasers to comply with a federal court ruling that requires each project to be disclosed to the market prior to sale.