petrobras sells stakes in offshore oilfields to frances total
Last Updated : GMT 06:49:16
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Last Updated : GMT 06:49:16
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Petrobras sells stakes in offshore oilfields to France's Total

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Arab Today, arab today Petrobras sells stakes in offshore oilfields to France's Total

Rio de Janeiro economy
Rio de Janeiro - Arab Today

Brazil's state-owned oil company Petrobras said Wednesday it is selling stakes in two big offshore oilfields and two power plants to France's Total in a deal worth $2.2 billion.

The agreement is part of a previously announced asset sale aimed at raising billions of dollars for the Brazilian group under a five-year expansion plan.

 
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petrobras sells stakes in offshore oilfields to frances total petrobras sells stakes in offshore oilfields to frances total

 



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