News
25 November 2022

CNOOC pays Petrobras $1.9bn in Buzios field deal

In:
Oil & gas
Region:
Americas

Petrobras has received BRL10.3 billion ($1.9 billion) from Chinese oil and gas major CNOOC as payment for a 5% stake in a production sharing agreement at the Buzios oil field.With this transaction, Petrobras said it will hold an 85% stake while CNOOC's Brazilian unit CBPL will hold 10% and the...

Exclusive subscriber content…

If you are a TXF subscriber, please login to continue reading

Login

Not yet a subscriber? Join us today to continue accessing content without any restrictions

View our subscription options

Or to request access to TXF Intelligence contact us

Request Access

You might also like


Perspective
31 October 2025

Aliança Energia: Vale taps GIP’s firepower

Global Infrastructure Partners' $1 billion swoop for Aliança Energia highlights the changing structure of Brazil's electricity market. Big commodities producers and...

Interview
07 November 2025

Pertamina’s Bagus talks strategic finance

Andy Bagus, senior vice-president treasury and strategic finance, at Indonesia’s national oil company Pertamina discusses project and export finance strategy amid a volatile...