PETRONAS buys into shallow water offshore Brazil
PETRONAS Brasil E&P Ltda. has agreed to acquire 40% of OGX Petroleo e Gas S.A.’s interest in blocks BM-C-39 and BM-C-40 offshore Brazil in the Campos basin.
May 10th, 2013
Offshore staff
KUALA LUMPUR, Malaysia – PETRONAS Brasil E&P Ltda. has agreed to acquire 40% of OGX Petroleo e Gas S.A.’s interest in blocks BM-C-39 and BM-C-40 offshore Brazil in the Campos basin.
For a consideration of $850 million, PETRONAS gains interest in the shallow-water Tubarao Martelo field 95 km (59 mi) offshore Rio de Janeiro state.
The agreement is subject to regulatory approvals.
5/10/2013
