Petrobras, BTG Pactual to sell Nigerian oil assets

Petrobras, BTG Pactual to sell Nigerian oil assets

State-controlled oil company Petroleo Brasileiro SA (Petrobras) is leading an effort to sell Petrobras Oil and Gas BV (Petrobras Africa), after being joined in the sale by shareholders Grupo BTG Pactual SA and Helios Investments, it said on Thursday. Heavily indebted Petrobras announced plans this week to sell its 50 percent stake, and began sending…

This content is for Standard & Premium Digital Subscribers only.
Log In Subscribe

Related Posts