Petrobras sells assets in Nigeria, ends activities in Africa

Petrobras sells assets in Nigeria, ends activities in Africa
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21.01.2020

MOSCOW (MRC) -- Petrobras finalized the sale of its shares at Petrobras Oil & Gas B.V., the company producing oil in Nigeria, on Africa's west coast, reported Reuters. The Brazilian state-controlled firm had 50 percent of the company, in a joint venture with BTG Pactual E&P B.V, and sold its shares to Canada's Africa Oil Corp. for USD1.45 billion.According to a note released by Petrobras,

Full article at mrcplast.com

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