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


Interview
05 December 2025

Adaptability in action with BU President Akita

Yuichiro Akita, President of the Berne Union and senior general manager, international strategic policy, at Nippon Export and Investment Insurance (NEXI) discusses the...

Perspective
11 December 2025

Sizewell C: DFI/ECA collaboration for new nuclear

New nuclear’s construction risk and development timelines have made it difficult to bank – until now. The RAB revenue model means that Sizewell C’s funding package includes an...