Trident Takes on Petrobras Concessions

摘要

Brazil oil regulator ANP approved the assignment of rights held by Petrobras in 10 shallow-water concessions to Trident Energy do Brasil, which is planning to invest at least $1 billion in the assets. There is also potential for a further $1.3 billion in investments, the regulator added, without specifying a timeline (OD Jul.26’19).