Petrobras, BTG Pactual to sell Nigerian oil venture

Petrobras, BTG Pactual to  sell Nigerian oil venture

State-controlled oil company Petroleo Brasileiro SA (Petrobras) is leading an effort to sell Petrobras Oil and Gas BV (Petrobras Africa), after being joined in the sale by shareholders Grupo BTG Pactual SA and Helios Investments. Heavily indebted Petrobras announced plans this week to sell its 50 per cent stake, and began sending information on the […]
Source: Petrobras, BTG Pactual to  sell Nigerian oil venture

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