MercoPress. South Atlantic News Agency
Petrobras looking to sell its African oil exploration venture
Brazil’s Petrobras on Tuesday revealed plans to sell its stake in an African oil exploration venture as part of a wider divestment plan. The state managed oil company is looking to sell its 50% stake in Petrobras Oil & Gas BV, or Petrobras Africa. Read full article
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Disclaimer & comment rulesLula could be the potential buyer! After all; he is the one who invested the [taxpayers] capital for fattening his own wallet!
Nov 09th, 2017 - 12:40 am - Link - Report abuse 0They had (or have) a stake in Akpo.
Nov 09th, 2017 - 09:37 am - Link - Report abuse 0@EscoSesDoidao
Nov 09th, 2017 - 11:25 am - Link - Report abuse 0AKPO, Nigeria? If you ever had been to Nigeria; you surely KNOW that Nigeria gets the Oscar for the Corrupts! So the Brazilian Parasites certainly feel at home in Nigeria!
Yes, I have been to/lived in Nigeria. Akpo is operated by Total, holding a 24% interest in the project. Other participants in the license include CNOOC with 45% interest, Petrobras with 16%, NNPC with 10% and Sapetro with 5%
Nov 09th, 2017 - 04:58 pm - Link - Report abuse 0From 1978 to 1983 I spent a lot of time in Nigeria....even coming from Brazil I was surprised by the level of corruption....I remember one occasion on which I had to “pass” Naira 20 to an airline clerk to find my reservation on the boarding list...even though I could see my name on it, and it being upside-down...lots of interesting stories.
Nov 09th, 2017 - 07:14 pm - Link - Report abuse +1@ESDoidao & @JB
Nov 10th, 2017 - 12:07 am - Link - Report abuse 0In Brazil itself; the Corruption-Level already is intolerable AND well beyond repairs. So imagine the situation in Nigeria! Hats Off to those who still feel Right-At-Home in such countries!
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