Petrobras Mulls Selling GOM Assets in 1H 2013

RIO DE JANEIRO - Brazilian oil and gas company Petroleo Brasileiro SA, or Petrobras, said Monday it may sell some of its assets in the Gulf of Mexico in the first half of 2013.

Part of the company's Gulf exploration and production fields may be sold at that time, Petrobras Chief Financial Officer Almir Barbassa told reporters at the Rio Oil & Gas congress in Rio de Janeiro, without giving further details.

The divestment will be part of a planned sale of various overseas assets by the company, worth an estimated total of $15 billion.

Copyright (c) 2012 Dow Jones & Company, Inc.


Click on the button below to add a comment.
Post a Comment
Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.

Related Companies

Our Privacy Pledge

Most Popular Articles

From the Career Center
Jobs that may interest you
United States Houston: Account Rep, Bus Dev, Sr
Expertise: Business Development|Sales
Location: Houston, TX
Business Development Manager
Expertise: Business Development|Construction Manager|Sales
Location: Tempe, AZ
SXL- Manager, Business Development
Expertise: Business Development
Location: Newtown Square, PA
search for more jobs

Brent Crude Oil : $50.47/BBL 0.98%
Light Crude Oil : $49.72/BBL 1.09%
Natural Gas : $2.76/MMBtu 1.09%
Updated in last 24 hours