Petrobras and Murphy form joint venture to explore oil and gas in Gulf of Mexico
Dec, 04, 2018 Posted by datamarnewsWeek 201849
Brazil’s state-owned oil company, Petrobras has entered into a joint venture with Murphy Exploration & Production Company for oil and gas exploration in the Gulf of Mexico. Petrobras received US$795 for the deal and will have a 20% stake.
Supporting Sources:
Brazil’s Petrobras to explore for oil and gas with Murphy in Gulf of Mexico
SAO PAULO (Reuters) – Brazil’s state-controlled Petroleo Brasileiro SA (Petrobras) said on Monday it had sealed a joint venture with Murphy Exploration & Production Company to explore oil and gas fields in the Gulf of Mexico, according to a securities filing
Petrobras received $795 million for the deal, and will have a 20 percent stake in the venture.
Related Post
-
Economy
Jun, 07, 2024
0
Brazil-Argentina trade at all-time low
-
Ports and Terminals
Feb, 09, 2021
0
BTP to expand Port of Santos operations
-
Ports and Terminals
Jul, 04, 2024
0
Port of Rio Grande begins dredging access channel hit by floods
-
Grains
Sep, 13, 2022
0
Corn: Brazilian exports total 2.221 million tonnes in September