PetroRio buys Petrobras 20% concession in Bijupirá and Salema oil and gas fields

Monday, July 6th 2015 - 14:59 UTC

Full article 7 comments

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

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Brasileiro
The 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 0
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golfcronie
Not much oil there if Meropress have the figure of US$ 25 million right.
Jul 06th, 2015 - 03:43 pm - Link - Report abuse 0
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Brasileiro
This is where heroes are born!
Jul 06th, 2015 - 03:53 pm - Link - Report abuse 0
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Pugol-H
@ 3 Brasileiro
So what happened with you then?

Must have been the runt of the litter, eh.
Jul 06th, 2015 - 05:03 pm - Link - Report abuse 0
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golfcronie
@4
You have spelt “ runt ” incorrectly put “ c ” for “ r ” that is more like it.
Jul 06th, 2015 - 05:12 pm - Link - Report abuse 0
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Pugol-H
He is both.
Jul 06th, 2015 - 05:27 pm - Link - Report abuse 0
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ChrisR
@ 1 Brasso.

What 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.
Jul 07th, 2015 - 07:03 pm - Link - Report abuse 0
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