Following a May 31 deadline for the talks, Petrobras will present Engie’s offer to the other two interested parties – the UAE’s Mubadala Development Company and Australia’s Macquarie Group – so that they can propose new bids for the pipeline, five anonymous sources told Reuters.
The news follows the NOC’s sale of two petrochemicals subsidiaries to Mexican firm Alpek and the Azulão field to Brazilian company Eneva earlier this week. Petrobras is looking to raise USD 21 billion through asset sales before the end of the year as part of its 2018-2022 business plan.
On Thursday, Reuters also reported that several Brazilian banks and pension funds had joined a collective arbitration action against Petrobras. Parties including Itaú Unibanco, Banco Santander Brasil and Banco do Brasil are seeking compensation for damages incurred during a corruption scandal involving the NOC.
Petrobras was ordered to pay a USD 3-billion settlement to US investors in January in a related case.
Petronas has made a third oil and gas discovery in Suriname's offshore Block 52, the Malaysian company announced on Wednesday Read More
Japanese power generation player JERA on Thursday announced plans to invest USD 32 billion in LNG, renewables and new fuels… Read More
Chevron is planning to exit its North Sea operations after 55 years of activity in the oil hotspot, Reuters reported… Read More
Seatrium has been awarded a contract by SBM Offshore for the topsides fabrication and integration of an additional FPSO vessel… Read More
Diamond Offshore has secured a USD 350-million extension for an ultra-deepwater drillship deployed for Anadarko Petroleum in the US Gulf… Read More
ExxonMobil has made a discovery in the Angolan deepwater, the country's energy regulator announced on Monday Read More
This website uses cookies.