Petronas Wraps Up Brazil Acquisition

摘要

Petronas has completed a $1.29 billion deal to acquire a 50% equity interest in two producing fields in the Campos Basin offshore Brazil, marking its entry into the South American country'ss upstream sector. The Malaysian state firm acquired the stakes from Petrobras, which retains a 50% operated interest in the Tartaruga Verde field and Module III of the Espadarte field (IOD Apr.29's19).