FT: Petrobras Poised for $6B Gulf of Mexico Asset Sale
by Dow Jones Newswires
|Wednesday, October 03, 2012
Petroleo Brasileiro SA (Petrobras) is very near to closing a deal on the sale of up to $6 billion in Gulf of Mexico assets, and has narrowed talks down to some three possible buyers, the Financial Times reported on its website Tuesday, citing Petrobras CEO Maria das Gracas Foster.
Petrobras is prepared to sell a stake worth between $4 billion and $6 billion and could cede majority control of some blocks, Ms. Foster said, the FT reported. She valued the company's exploration assets in the area at around $8 billion.
Copyright (c) 2013 Dow Jones & Company, Inc.
WHAT DO YOU THINK?
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.
More from this Author
Most Popular Articles
From the Career Center
Jobs that may interest you