Brazil's oil and gas corporation Petrobras on Friday signed with PetroRio S.A. (‘PetroRio’) the contracts for the sale of 20% of its stake in the concessions of Bijupirá and Salema fields, currently operated by Shell. The transaction amounts to US$ 25 million and is subject to adjustments that are common to this type of operation. Read full article
Comments
Disclaimer & comment rulesThe PetroRio is a Brazilian company that has everything to grow while not accept foreign capital in their ownership structure. We will give her the necessary conditions to develop, stay close to the Brazilian interests.
Jul 06th, 2015 - 03:26 pm - Link - Report abuse 0Not much oil there if Meropress have the figure of US$ 25 million right.
Jul 06th, 2015 - 03:43 pm - Link - Report abuse 0This is where heroes are born!
Jul 06th, 2015 - 03:53 pm - Link - Report abuse 0@ 3 Brasileiro
Jul 06th, 2015 - 05:03 pm - Link - Report abuse 0So what happened with you then?
Must have been the runt of the litter, eh.
@4
Jul 06th, 2015 - 05:12 pm - Link - Report abuse 0You have spelt runt incorrectly put c for r that is more like it.
He is both.
Jul 06th, 2015 - 05:27 pm - Link - Report abuse 0@ 1 Brasso.
Jul 07th, 2015 - 07:03 pm - Link - Report abuse 0What about the field or to call it by the proper name a 'pissant little field' being operated by SHELL!
U$D 25M sounds expensive given the risks of operating anywhere near Brazil with all the graft and corruption nearby.
Commenting for this story is now closed.
If you have a Facebook account, become a fan and comment on our Facebook Page!