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Petrobras plans to sell its stake in Gulf of Mexico blocks

As part of its debt-reduction and portfolio-optimization strategy, Petróleo Brasileiro S.A. (Petrobras) plans to sell its entire 20% stake, held by subsidiary Petrobras America Inc. (PAI), in MP Gulf of Mexico, LLC (MPGoM). A joint venture with Murphy Exploration & Production Company, MPGoM owns 15 offshore fields in the Gulf of Mexico. Petrobras’ share of …

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As part of its debt-reduction and portfolio-optimization strategy, Petróleo Brasileiro S.A. (Petrobras) plans to sell its entire 20% stake, held by subsidiary Petrobras America Inc. (PAI), in MP Gulf of Mexico, LLC (MPGoM). A joint venture with Murphy Exploration & Production Company, MPGoM owns 15 offshore fields in the Gulf of Mexico. Petrobras’ share of …

[post_title] => Petrobras plans to sell its stake in Gulf of Mexico blocks [post_excerpt] => As part of its debt-reduction and portfolio-optimization strategy, Petróleo Brasileiro S.A. (Petrobras) plans to sell its entire 20% stake, held by subsidiary Petrobras America Inc. (PAI), in MP Gulf of Mexico, LLC (MPGoM). A joint venture with Murphy ... [post_status] => publish [comment_status] => open [ping_status] => closed [post_password] => [post_name] => petrobras-plans-to-sell-its-stake-in-gulf-of-mexico-blocks [to_ping] => [pinged] => [post_modified] => 2021-10-05 03:39:27 [post_modified_gmt] => 2021-10-05 03:39:27 [post_content_filtered] => [post_parent] => 0 [guid] => https://splash247.com/?p=152458 [menu_order] => 0 [post_type] => news [post_mime_type] => [comment_count] => 0 [filter] => raw )