Tag: PetroRio S.A. (‘PetroRio’)

• Monday, July 6th 2015 - 14:59 UTC

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

  

  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.